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Welcome to another #AusFIWeekly with handpicked Financial Independence links and events from Australia and abroad. I’m Michelle, a mid-30s semi-retiree sharing my FI journey at FrugalityandFreedom.com
Today, we hear from another guest curator in our local FI community. This edition’s links have been chosen by Kurt from Pearler, a new FI-focused stockbroker in Australia. Take it away…
Hi, I’m Kurt, one of Pearler‘s co-founders. I’ve been passionate about pursuing financial independence and helping people improve their financial health since I first read the Barefoot Investor in 2007 (at the ripe old age of 14). In 2018, I co-founded Pearler with my two friends, Hayden and Nick, to make it easier for everyday Aussies to invest in shares the right way – incremental amounts in diversified portfolios, for the long-term.
Just like other brokers, Pearler allows investors to invest directly into any Aussie stocks and ETFs – and soon US too. But where we differ is that instead of designing our platform around the buying and selling (‘trading’) experience, we’ve built Pearler from the ground up to focus on the thing that matters most – helping people achieve their long-term financial goals (read more).
My chosen articles reflect what I like to read about most – the intersection of analytics, psychology and ethics with investing! I hope you enjoy reading them as much as I did.
Sign up at pearler.com
Blog at simplifi.pearler.com
@PearlerHQ at Facebook | Instagram | Twitter
Australian Links
Aussie FIRE: The Introduction – Pearler
In case you missed it, we released a FREE eBook! It’s called Aussie FIRE and it covers all the knowledge, processes and tools you need to succeed on your FI journey – from taking your first step to becoming FIRE’d! This blog post is the intro – it has all the juicy detail about the how and the why. Massive kudos goes to Michelle from Frugality and Freedom for pulling it together!
The FIRE Movement and Privilege: Let’s Be Honest Here – Ana Kresina
“How can we build a world on equality and fairness? I think a lot of that begins with financial literacy. Being able to share resources and education around finances is paramount in financial growth. Learning about debt, how to file taxes, and why it’s important to understand interest rates is a step in the right direction.”
How I’m Using Ethical Investing for Financial Independence in Australia – Frugality and Freedom
“There is no single perfect way to do ethical investing (aka. socially responsible investing or impact investing). Everyone’s values vary; for example, some people may feel strongly about avoiding fossil fuel-based companies in their portfolio, but be unconcerned by having investments in gambling industry… The key is to identify your top “non-negotiables” in your investing and use that to find your best fit – even if imperfect.”
Pearler: Easy, Automated and Low Cost Share Investing (An Interview with Pearler’s Co-Founder) – Strong Money Australia
If you’re interested in what we’re doing and where we’re going at Pearler, I highly recommend you read this interview! And if you want to sign up, please come back and use Frugality and Freedom’s referral link (it’ll skip you past our waitlist!).
Australian Events
Adelaide: FI/RE Meetup Adelaide
Hosted by yours truly, Frugality and Freedom with Keepin’ It Frugal.
Sat 7 Nov 2pm ACDT, Adelaide CBD
Online: Saving Planet A with your Super – Responsible Returns
Hosted by War on Waste’s Craig Reucassel
Thu 29 Oct 12pm AEDT, webinar
International Links
The Lump Sum vs. Dollar Cost Averaging Decision – A Wealth of Common Sense (USA)
“Investing is ultimately an exercise in regret minimization. Investors need to ask themselves what they would regret more — missing out on further gains in the market or taking part in large losses? Investing all of your cash at once gives you a higher probability of taking part in larger gains but also taking part in larger losses.”
Unusual Ideas About Self-Care … FIRE Edition – Afford Anything (USA)
“Self-care is not pedicures, spa days, shopping sprees, golf clubs, sports tickets or fancy cars. That’s just noise. Self-care is taking care of your damn self. Self-care is the attention you give to your finances, business, career, health and relationships.”
What if You Only Invested at Market Peaks? – A Wealth of Common Sense (USA)
“If you are going to make investment mistakes, make sure you are biased towards optimism and not pessimism. Long-term thinking has been rewarded in the past and unless you think the world or innovation is coming to an end it should be rewarded in the future. As Winston Churchill once said, “I am an optimist. It does not seem too much use being anything else.”
Stock Market Returns Over Different Time Periods (1872-2018) – Visual Capitalist (USA)
The visualisation below is still the single best summary of stock market investing I’ve seen to date. Note: it assumes a 100% US market portfolio – a global portfolio would have even more consistent returns over long time periods (more stable, not necessarily more in value).
Thanks to Kurt from Pearler for today’s links. Read Pearler’s blog for more on how they’re streamlining investing for financial independence seekers. Sign up via this referral link to skip the waitlist and get started.
Want to be an #AusFIWeekly guest curator? Got other Australian blog posts to recommend? Get in touch.
Yours in pursuit of FI,
Michelle @ Frugality and Freedom
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