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.
In this episode, Nathan and Glenn discuss how to work out how much you need in retirement. Building a passive income to meet your ongoing needs without drawing down on capital or being concerned about the volatility of investment markets is what we all strive for.
Think residential is your only way into the property market? Our Advisers Glenn Fairbairn and Pierce Hanlen are here to help you think again. In their latest video, they explain how your future foray into the property market could be through a syndicate. Learn more about alternative ways into the market by watching this and connecting with a Hewison Private Wealth Adviser.