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2 Unconventional Strategies the Rich use to get Richer

I’m into my 22nd year of helping Australian’s gain choice through building wealth and financial independence. Much of what I share draws from the clients that I interact with every day. The entire Financial Autonomy framework was built by reverse engineering how my most successful clients achieved their success. In that vein, today I wanted … Continued

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2 Unconventional Strategies the Rich use to get Richer

What to do when you receive an Inheritance

The okay Boomer eye roll movement came out of frustration that Australia’s wealth is disproportionately distributed to those over 60, with the sharp rise in property prices being the primary culprit. But whilst we’re all living longer, science hasn’t yet found a way to grant us eternal lives, and so eventually that wealth will be … Continued

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What to do when you receive an Inheritance

How to use a Core/Satellite strategy in your share portfolio

One of the most popular pathways to achieving Financial Autonomy is through investing in stocks. Stock market investing has a tonne of advantages – ease of diversification, low transaction costs, ease of liquidity, and being highly regulated to guard against investor fraud. Perhaps the number one reason share investment is so popular for those looking … Continued

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How to use a Core/Satellite strategy in your share portfolio

Discovering the Satellite – What are the Satellites in a Core-Satellite strategy?

Here at Financial Autonomy we follow the framework set out in the Financial Autonomy book. One of the pathways in that framework is stocks and within that section I explore the Core-Satellite strategy in some detail. It’s a strategy we use a lot with clients. In this post we’re going to dig in a bit … Continued

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Discovering the Satellite – What are the Satellites in a Core-Satellite strategy?

18 ways to Build Passive Income that work in Australia

I’ve been researching all the ways one might go about generating Passive Income. Unfortunately, many of those found on the web won’t work in Australia. So I’ve produced a custom list especially for those of us on the largest island in the Southern Hemisphere. Here’s what I’ve come up with: 1. Low input business 2. … Continued

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18 ways to Build Passive Income that work in Australia

All Articles

August 3, 2022

Planning for a Sabbatical

Whether it’s packing up the family and doing a road trip around Australia, taking some time off to focus on your postgraduate studies, or just recharging the batteries with a few months on the Greek Islands, some sort of mid-career sabbatical is on the agenda for many of the people that we work with. In … Continued

Saving Strategy

July 27, 2022

Could You Be Enjoying Life More Now?

Prudence is drummed into us. Save more, spend less, set yourself up for the future. But could we be putting too much focus on the future and ignoring the here and now? When I interviewed Matt from the Aussie FireBug a podcast a few months back he noted that in hindsight he wished he’d travelled … Continued

Saving Strategy

July 27, 2022

Progress

Bit of a different flavour to this weeks episode. I hope you enjoy it. Progress. When we think about progress we normally think about technological progress, perhaps in the medical space or electric cars. However I’ve recently returned from a family holiday in Italy, and it’s made me reflect on the progress of humans. Galileo … Continued

Uncategorised

June 22, 2022

Australia’s Financial Advice Landscape

Australia’s financial system is complex. It also requires that we as individuals take charge. Whilst it’s likely that the Age Pension will continue to provide a baseline of support for those late in life, our system is designed around people providing for themselves. So we’re presented with an interesting challenge. A complex system, but one … Continued

Investment

May 25, 2022

Are You Paying Too Much for Your Insurance?

This week I wanted to take a look at insurance. Specifically, we’ll be taking a look at personal insurance, as that’s the space that we offer advice in as financial planners. There are primarily four types of personal insurance: Life insurance Total and Permanent Disability insurance Income protection Trauma insurance We’ll get into an explanation … Continued

Superannuation

May 25, 2022

How to get in front of rising mortgage rates

Interest rates are on the rise. NZ, Canada, the UK, and the United States, have all started bringing rates back to more normal levels. Our Reserve Bank followed suit, lifting rates in May 2022. For those with debt, we’ve all enjoyed the incredibly low interest rates of the past few years. But all good things … Continued

Uncategorised

May 18, 2022

Why does Inflation matter?

Most of us recognise that interest rates were unusually low for a time, to counter the economic effect of the COVID pandemic. We knew that at some point they would return to normal. But what is normal, why are they going up now, and why has this got share and property markets so rattled? One … Continued

Investment

May 18, 2022

50% more weekend for 20% less pay

For many of us, our working lives have been put through a bit of a blender over the past couple of years. Teachers taking classes from their kitchen table, Team meetings whilst still in our pyjamas, exercise replacing the commute, and trying to find what works for each of us both professionally and as part … Continued

Saving Strategy

Superannuation

May 4, 2022

Offset vs Redraw

GENERAL ADVICE WARNING – Please be mindful that the information contained in this post is general in nature. You should seek advice that takes into account your specific circumstances before embarking on any significant financial matter. Should I be putting my savings in an offset account, or paying it straight off the loan and … Continued

Saving Strategy

April 20, 2022

How to Manage Uneven Super Balances Between a Couple

This week’s piece arises from a question I received from Daniel. He wrote: Quick question that might be good to discuss – there is a significant difference between my Super Balance and my partner (self employed) which will only get bigger over time. I’m 39 and based on the current situation I will be … Continued

Superannuation

March 30, 2022

The Balancing Act

How do we juggle the desire to save for the future, with the need to live life to the fullest today? Is 6 months backpacking around Europe in your 20’s more valuable than being able to buy a beach house in your 50’s? Is pushing hard on the mortgage today the wisest course, … Continued

Investment

Saving Strategy

March 23, 2022

How to Build your Financial IQ

We’re fortunate to live in an age where information is at our fingertips. If you’ve gotten more interested in investing and financial markets in recent years you’re not alone. It seems the combination of anaemic interest rates on bank savings, a proliferation in apps that make low cost investing easy, and reduced spending during COVID … Continued

Investment

Saving Strategy

Superannuation