$400k in Annual Dividends? Investing Legend Peter Thornhil Explains How He Did it, and Why He's Anti-ETF (!?)

"I wouldn't touch an ETF with a barge pole!"

Excuse me… what?

Peter Thornhill is the founder of Motivated Money and is one of Australia's biggest investing legends. He retired in his early 50s with $400k in annual dividends, and did so in a manner entirely opposite to how the rest of Australia invests.

Peter believes that investing is about being the custodian of capital, earning income from it, and passing it on to the next generation. He's a huge proponent of investing in LICs, and has a very strong argument for why we should we should ditch what he calls "the led in the saddle" and only invest in industrials.

Oh, and he also isn't into investing in property.

In this episode, Aleks and Peter chat about:

Why he doesn't go for the highest yield, and why yield is an arbitrary number

How he retired on $400k in dividends

Which sectors he believes don't perform

His argument against property investment, and his strategy for recycling property debt into the stock market

How we can optimise out tax

Why he only writes when he has something to say

You can read about what exactly it is that Peter has to say in his My Say column.

You can also follow Aleks on Instagram.

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