On December 3rd and 4thwe witnessed the ASX 200 fall by 4%, or $76.8b, collectively. Historically, we’d expect such a sharp fall to result from a negative shift in economic, market or sector fundamentals, but not anymore.
A passive income stream refers to regular income derived from one’s investments, without requiring active involvement. Most people strive to build their wealth to a level in which they can generate a passive income stream to replace or partially replace income derived from employment or exertion.
It’s beginning to look a lot like Christmas; meaning it’s that time of the year when we turn our minds to what gifts our near and dear would enjoy and value the most.
To some, good financial advice includes investment returns which track, or beat, a certain benchmark. To others, great financial advice means the achievement of objectives which provide a fulfilling and happy life, both for themselves and future generations.
The end of the year is drawing closer and believe it or not there’s even talk of the Christmas tree going up. Depending on your line of work, you may also have your performance review coming up. This is often a time to reflect on your achievements over the past year and start thinking about your career goals for the next 12 months. Are you wondering how can this can affect your financial future?