Is it possible to draw an 8% income from private credit? How does private credit work?
Nehemiah Richardson, CEO of Pengana Credit, takes us on a journey of private credit investing in Australia, the risks involved, the product he helped build (known as Term Plus), and more, on this episode of The Australian Investors Podcast with Owen Rask.
Term plus: https://bit.ly/term-plus
ALWAYS read the PDS before investing, especially with private credit. And speak to your adviser if you're confused or unsure in any way. Rask makes nothing from providing this link. It is not an affiliate link.
~~ WHERE'S 2 SENSE?! ~~
The entire Rask team was on the road this week... and we missed our flight. So Drew is in his hot tub and Owen was travelling during our regular recording slot.
~~ Rask Resources ~~
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
~~ Timestamps ~~
00:00 - Kapalua Golf Course
05:30 - What is private credit?
12:45 - What is Term Plus?
25:00 - How Term Plus works
31:00 - Is an 8.5% yield sustainable?
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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