Behind every successful man is his woman. Behind the fall of a successful man is usually another woman.
The concept of saving and investing is very weak in our modern society as most of us are ardent consumerists who are trained to spend from earliest childhood. The goal of this website is to promote financial literacy that would lead to greater financial understanding, confidence, motivation to save and invest.
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Oil Prices: How Long Will They Remain Low?

Oil Prices: How Long Will They Remain Low?

Oil prices could remain low for the next three years, according to analysts at Morgan Stanley. The investment firm likens the market to the 1980s slump.
The post Oil Prices: How Long Will They Remain Low? appeared first on The Daily Reckoning Australia.

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What is Happening to the Share Price of Melbourne IT Ltd?

The share price had another big day, rising to a high for the day of $1.90. The chart is telling you the business model is satisfactory at present.
The post What is Happening to the Share Price of Melbourne IT Ltd? appeared first on The Daily Reckoning Australia.

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Here’s One Sector You Want to Keep a Close Eye On

It is useful to look at the US market because in the US, manufactured home estates are a far more mature sector than in Australia.
The post Here’s One Sector You Want to Keep a Close Eye On appeared first on The Daily Reckoning Australia.

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Are Gen Y’s Living Standards Really Better Than Their Parents’?

A new household budget survey suggests Gen Ys are better off than they think. Gen Ys enjoy the fastest growing living standards of any generation.
The post Are Gen Y’s Living Standards Really Better Than Their Parents’? appeared first on The Daily Reckoning Australia.

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Are Global Stocks The Real Answer for Australian Investors?

Australian stock investors face some difficult choices in the coming years. The never-ending search for returns is on everyone’s mind.
The post Are Global Stocks The Real Answer for Australian Investors? appeared first on The Daily Reckoning Australia.

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China-US Tectonic Shift Soon to Become an Earthquake

China-US Tectonic Shift Soon to Become an Earthquake

One of the first lessons investors learn is the old adage about diversification. That is, don’t put all your eggs in one basket. Of course, many try to do exactly that. But it is a low probability game. Taking a …
The post China-US Tectonic Shift Soon to Become an Earthquake appeared first on The Daily Reckoning Australia.

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What is Happening to the Share Price of Universal Biosensers Inc?

Universal Biosensors is a medical diagnostics company focused on the research, development and manufacture of diagnostic test systems for point-of-care professional and home use.
The post What is Happening to the Share Price of Universal Biosensers Inc? appeared first on The Daily Reckoning Australia.

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Forget Sydney — Melbourne Property Market Presents the Best Opportunity for Investors

Sydney has a knack of breaking new ground when it comes to the property market. Not a day goes by without the harbour city raising the benchmark.
The post Forget Sydney — Melbourne Property Market Presents the Best Opportunity for Investors appeared first on The Daily Reckoning Australia.

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How to Tell a Stock (and the US Economy) is Strong

If the All Ordinaries is breaking lows and you by chance come across a stock going sideways, unaffected, then that should interest you. A lot. Why?
The post How to Tell a Stock (and the US Economy) is Strong appeared first on The Daily Reckoning Australia.

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What’s Really Killing Capitalism

When the feds fiddle with interest rates, for example, they turn the most important signal in capitalism into misleading noise. Gilder:
The post What’s Really Killing Capitalism appeared first on The Daily Reckoning Australia.

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Why Most Pundits are Dead Wrong about China’s Gold

Why Most Pundits are Dead Wrong about China’s Gold

China can’t have a reserve currency because it does not have a bond market, and it can’t have a gold-backed currency because it has nowhere near enough gold.
The post Why Most Pundits are Dead Wrong about China’s Gold appeared first on The Daily Reckoning Australia.

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We Are Now All Prisoners of the Information Age

Now that information is available, we can’t resist it. And yet, judged by US GDP, wages, or our own experience, it is a dud.
The post We Are Now All Prisoners of the Information Age appeared first on The Daily Reckoning Australia.

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Aussie Unemployment May Be Stable, But Don’t Rule Out the Time Lag Effect

The Reserve Bank of Australia is optimistic about the future direction of the unemployment rate. I don’t know about you, but it’s hard to share their optimism. The jobless rate rose slightly to 6% in June. That was up from a revised …
The post Aussie Unemployment May Be Stable, But Don’t Rule Out the Time Lag Effect appeared first on The Daily Reckoning Australia.

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Why the Big Resource Stocks Are Not Yet a Buy

You’ve got another important part of the market — resources — in the midst of the worst bear market in decades.
The post Why the Big Resource Stocks Are Not Yet a Buy appeared first on The Daily Reckoning Australia.

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Onboard the TransCanada Railroad

It’s not for us to know at what price Greek stocks should trade. But the Greeks have been around a long time. They’re probably not going away.
The post Onboard the TransCanada Railroad appeared first on The Daily Reckoning Australia.

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Get Ready for the Greatest Financial Crash of Your Lifetime

Get Ready for the Greatest Financial Crash of Your Lifetime

I believe that the main financial crash will come from governments defaulting on their bonds. It’s quite clear from Jim’s analysis that he disagrees.
The post Get Ready for the Greatest Financial Crash of Your Lifetime appeared first on The Daily Reckoning Australia.

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Why Gold is on the Cusp of a New Bull Market

It’s ironic that China’s underwhelming gold announcement may be the catalyst to send gold to its capitulation low.
The post Why Gold is on the Cusp of a New Bull Market appeared first on The Daily Reckoning Australia.

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Brace Yourself for Obamacare ‘Sticker Shock’

Crony lobbyists for insurance companies, Big Pharma, and the medical industry got together with the Obama administration and created ‘Obamacare.’
The post Brace Yourself for Obamacare ‘Sticker Shock’ appeared first on The Daily Reckoning Australia.

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Other People’s Money

Trading isn’t about being right…it’s about making money. Small mistakes don’t matter — you shouldn’t worry about them.
The post Other People’s Money appeared first on The Daily Reckoning Australia.

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The Explosion of Falcon 9

New satellites cost a lot of money. Launching them into this environment is kind of like running across a busy highway instead of a country lane.
The post The Explosion of Falcon 9 appeared first on The Daily Reckoning Australia.

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Why I’m Not Buying the Greek ‘Austerity’ Myth

Why I’m Not Buying the Greek ‘Austerity’ Myth

If the Greeks want more money, they have to pretend to use it prudently. If their crony lenders want to keep lending, they have to pretend that they will get their money back.
The post Why I’m Not Buying the Greek ‘Austerity’ Myth appeared first on The Daily Reckoning Australia.

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Greek Crisis: Blame it on the Bakers

If I had the foresight at the time, perhaps that should have been a warning of what was to come for the Greek economy.
The post Greek Crisis: Blame it on the Bakers appeared first on The Daily Reckoning Australia.

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What is Happening to the Share Price of Gateway Lifestyle Group?

Gateway Lifestyle Group is the owner and operator of Manufactured Home Estates The stock was up further today making a high at $2.16 at the time of writing.
The post What is Happening to the Share Price of Gateway Lifestyle Group? appeared first on The Daily Reckoning Australia.

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The Economic Blind Spot

There’s a blind spot here that afflicts practically every economist. And that’s the fact that not all debts rest on a foundation of real economic activity at all.
The post The Economic Blind Spot appeared first on The Daily Reckoning Australia.

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You Can Now Put Your House Up as Collateral on Chinese Stock Markets

China’s aim to lift the fortunes of a sinking stock market is throwing up some interesting results. From this week, Chinese margin traders will be able to purchase stocks by putting up their homes as collateral.
The post You Can Now Put Your House Up as Collateral on Chinese Stock Markets appeared first on The Daily Reckoning Australia.

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