All Topics / Commercial Property / What would you do right now?

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  • Profile photo of Lisette57Lisette57
    Participant
    @lisette57
    Join Date: 2012
    Post Count: 4

    If you had $1 million to spend on creating a passive income portfolio right now, what would you do? In todays market, what is a beneficial strategy to create wealth with this amount as a kickstart? How much potential can $1 million unlock?

    Profile photo of Nigel KibelNigel Kibel
    Participant
    @nigel-kibel
    Join Date: 2005
    Post Count: 1,425

    Personally I would invest the money into the US market. I see opportunities everywhere at present. One problem is the devalued dollar but returns are strong.

    I am not sure where the Australian market is going at present.

    Nigel Kibel | Property Know How
    http://propertyknowhow.com.au
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    We have just launched a new website join our membership today

    Profile photo of Corey BattCorey Batt
    Participant
    @cjaysa
    Join Date: 2012
    Post Count: 1,010

    With $1mil you get a lot of options opening up, so you can get a mix of commercial, resi, equities.

    A decent net yielding CIP/s with a mix of resi can give a decent return – largely dependent what states you’re looking in.

    Corey Batt | Precision Funding
    http://www.precisionfunding.com.au
    Email Me | Phone Me

    Investment Focused Finance Strategist - servicing Australia-wide

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