How can you generate an income from your investments?
Ray White (in for Bruce Whitfield on The Money Show) interviewed Galileo Capital Personal Financial Advisor Warren Ingram for the personal finance feature.
Ingram answered the question by discussing the following:
-
The role of property as an income generator
-
Using shares or ETFs for income
-
Income unit trusts
- How much risk to take on (considering inflation)
For more detail; listen to the interview in the audio below (and/or scroll down for quotes from it).
Property generates rent, and rent is a form of income.
— Warren Ingram, Galileo Capital Financial Advisor
Everywhere in South Africa – except the Western Cape – [property] is struggling.
— Warren Ingram, Galileo Capital Financial Advisor
Commercial property… that to me is attractive… it’s a sector you should definitely consider…
— Warren Ingram, Galileo Capital Financial Advisor
Income funds might give you 7% or 8% per year… but it’s not going to giving you any capital growth…
— Warren Ingram, Galileo Capital Financial Advisor
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