Aussie FIRE | Financial Independence Retire Early 67. How we would invest $1M
Mar 27, 2026
A lively $1M thought experiment about where to put sudden wealth. They debate lump-sum index investing versus sprinkling funds into startups, Bitcoin, or passion projects. Practical contrasts for renters, homeowners, young savers and those nearing retirement on whether to buy property, pay down debt, or preserve optionality. Fun takes on lifestyle upgrades and pacing big financial choices.
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Big Portfolios Warrant Small Satellite Bets
- A larger portfolio invites experimentation with small satellite bets or new asset mixes.
- Dave would keep cash and maybe add emerging markets, angel bets, or a small Bitcoin allocation once the portfolio is bigger.
Startup Investing Has High Entry Hurdles
- Hayden noticed venture firms like Blackbird required large minimums, meaning a $1M opens new investment doors.
- He found Blackbird's site showing minimums around $500k, illustrating access barriers to startup investing.
Use Cash To Buy Time And Scale Experiments
- Use windfall capital to buy time and pay for scaling services if you want to start projects.
- Hayden would allocate a few hundred thousand to hire staff or services to pursue passion projects and test ideas before scaling.