Chapter 19: Fuel for the FIRE - Leverage

Send us a textFirst off, we want to make something clear: debt and leverage can be a slippery slope. Many people in our community either avoid debt like the plague, or see it as a demon to slay. In fact, badly managed debt can scuttle even the surest of FIRE plans. However, as we've said before, not all debt is created equal. While debt and leverage can sap our resources, they can, in some cases, propel our long-term investing. With this idea in mind, Victor from the Frugal Samurai uses this chapter to explore how leverage can serve our FIRE goals. He also assesses different leverage strategies for FIRE, and compares the pros and cons for each.  Would you prefer to read this content? Meander on over to our blog. DISCLAIMER: This chapter references general topics like debt and financial leverage, but nothing included should be interpreted as tax or credit advice. You should see a tax adviser if considering these topics.PearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobook Disclaimer Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.