Is it possible to draw an 8% income from private credit?
How does private credit work?
What are the risks of private credit?
Nehemiah Richardson, CEO of Pengana Credit, takes us on a journey of private credit investing in Australia, the risks involved, the product he built (known as TermPlus) and more.
TermPlus: https://bit.ly/term-plus
Before investing in TermPlus – a special note from Owen
I think it’s vital to read the PDS (Product Disclosure Statement) of any “financial product” before you invest. If private credit is new to you, or if you think parts of this episode went over your head, please speak to your financial adviser and/or call TermPlus to request additional information before you invest.
If you’re confused or unsure of anything in the PDS, slow down and send us your questions (via this link >> then select Australian Investors Podcast). Rask makes nothing from providing this link and we are not sponsored by Pengana or TermPlus. Our unique link to TermPlus is not an affiliate link – I just wanted to see how many listeners were as interested in TermPlus as I am!
~~ Timestamps ~~
00:00 – Kapalua Golf Course
05:30 – What is private credit?
12:45 – What is TermPlus?
25:00 – How TermPlus works
31:00 – Is an 8.5% yield sustainable?
