Critical to wealth building is the concept of your own investment holding company. Whether it is or isn’t an actual company, the concept is the same. A holding company that allocates capital to investments and receives a return.
I like to think of it as income from multiple sources paying your expenses. Eventually it can be enough to cover your expenses, and then grow it far beyond that should you wish.
I track my thoughts around the performance of my own Holdco, by assessing net worth, as well as income earned from it.
Income is a combination of dividends and interest from listed and unlisted shares, REITs, preference shares, fixed deposits, consulting and alternative investments. For some of these investments I’ll post thoughts on this blog.