Assets 2 Income
About
Our Philosophy
The Assets 2 Income Process
Assets2Income is not another tool to calculate your net worth or to record income and expense transactions. This site is intended to compliment your bookkeeper and accountant. I believe that personal wealth is obtained by generating income from your assets. If something is not generating you income now then it’s not an asset. While there are many great authors who have written on this subject, I couldn’t find any tools or websites that had this as their focus. With a focus on income and not net worth I found that my portfolio was heavily weighted to fixed income, property and alternative investments such as unlisted shares. Most existing tools in this space were focused on listed shares and managed funds.
Supporting Subheading
About Me
Who am I
I am Scott McGuire the founder of Assets2Income.com. I hold a Bachelor of Information and Communication Technology (Honours), a Diploma of Financial Planning and a Certificate IV in Credit Management. I have built a modest property portfolio and have managed my own Self Managed Super Fund for many years.
My Journey
After managing my own investment property portfolio and Self Managed Super Fund for several years it occured to me that I didn't really have a good understanding of how my investments were performing. Sure, the Net Assets on my Balance Sheet were increasing each year but was this due to my investments performing well or just because I was making contributons each year? And what was the investment return on my portfolio anyway? I wanted to be better informed as to what was doing well and what was not. An annual report from my accountant wasn't cutting it any more. So I built this website Assets2Income.com.