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?
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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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 MeInvestment Focused Finance Strategist - servicing Australia-wide
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