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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Why the Elders’ Share Price is Up Today

Why the Elders’ Share Price is Up Today

Rural services provider, Elders Ltd [ASX:ELD], is up 3.8% today, at $3.84. The rise follows a massive jump of 9% yesterday and a 3% rise on Monday.
The post Why the Elders’ Share Price is Up Today appeared first on The Daily Reckoning Australia.

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What’s Happening to the Share Price of Havilah Resources Ltd?

Havilah Resources Ltd is a South Australian focused mineral exploration company. Their drilling over the last six years has outlined a large metal inventory of copper and gold resources.
The post What’s Happening to the Share Price of Havilah Resources Ltd? appeared first on The Daily Reckoning Australia.

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Bad Investment Advice Can Hurt You for Life

In the DR last week, I took aim at the shoddy advice and fraudulent acts endemic in the financial planning and fund management industries.
The post Bad Investment Advice Can Hurt You for Life appeared first on The Daily Reckoning Australia.

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Small Business Back on the Radar

All the politicking aside, it’s good to see small business back on the radar. There are a lot of different statistics out there on the true size of the small business sector.
The post Small Business Back on the Radar appeared first on The Daily Reckoning Australia.

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The Iron Ore Price and Why Twiggy Has Snapped

When the iron ore price was in a credit bubble induced mega boom, the iron ore was ‘his’. Now that it’s in the bust phase, the iron ore is, apparently, ‘ours’. What gibberish.
The post The Iron Ore Price and Why Twiggy Has Snapped appeared first on The Daily Reckoning Australia.

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Why McDonald’s is Making A Mockery of Corporate Tax in Australia

Why McDonald’s is Making A Mockery of Corporate Tax in Australia

McDonald’s [NYSE:MCD] avoided paying $500 million in Australian taxes between 2009 and 2013. That comes according to a new report…
The post Why McDonald’s is Making A Mockery of Corporate Tax in Australia appeared first on The Daily Reckoning Australia.

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Our ‘Junkie Economy’ Will Soon Hit Rock Bottom

Central banks are committed to QE and ZIRP forever. They have created an economy that is addicted to EZ money. It will have to be smashed to smithereens before the feds change their policies…
The post Our ‘Junkie Economy’ Will Soon Hit Rock Bottom appeared first on The Daily Reckoning Australia.

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What a Rising Aussie Dollar Means for Gold Investors

The recent rise in the value of the Australian dollar is making gold investments more attractive to investors. That’s because gold is traded in US dollars…
The post What a Rising Aussie Dollar Means for Gold Investors appeared first on The Daily Reckoning Australia.

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Why Property Investors Are Losing Out To Owner-Occupiers

Owner-occupiers are set to enjoy cheaper home loans compared to property investors. It’s the first sign that lenders are shifting away from investor driven growth…
The post Why Property Investors Are Losing Out To Owner-Occupiers appeared first on The Daily Reckoning Australia.

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The US Economy is a Seven Day Old Cow Pat

Appreciating the US economy is a seven day old cow pat hopefully means you can take the action necessary to ensure your portfolio does not end up shin deep in s**t!
The post The US Economy is a Seven Day Old Cow Pat appeared first on The Daily Reckoning Australia.

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Nickel Stocks to Fly When the Bullets Do

Nickel Stocks to Fly When the Bullets Do

The scarce supply available in the nickel market will send the spot price through the roof. Nickel stocks could see hundreds, or in some cases, thousands of percent returns…
The post Nickel Stocks to Fly When the Bullets Do appeared first on The Daily Reckoning Australia.

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What’s Happening to the Share Price of Site Group International Ltd?

Site Group International Ltd [ASX:SIT] provides Australian accredited and employer customised vocational training to service global skills needs.
The post What’s Happening to the Share Price of Site Group International Ltd? appeared first on The Daily Reckoning Australia.

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Why The RBA Has No Right to Tell Households How to Finance Spending

The RBA, in their infinite wisdom, are telling indebted households to stop borrowing. Apparently the 0.25% rate cut was just for wealthy Australians.
The post Why The RBA Has No Right to Tell Households How to Finance Spending appeared first on The Daily Reckoning Australia.

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Why Self-Managed Super Funds May Be At Most Risk of A Housing Crash

There is increasing concern that people with self-managed super funds (SMSFs) risk ruining their retirement through property investments.
The post Why Self-Managed Super Funds May Be At Most Risk of A Housing Crash appeared first on The Daily Reckoning Australia.

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The Future of China’s Economy and the Iron Ore Price

Falling Chinese steel production and higher iron ore production equals a falling price. That Australia is in denial about it makes no difference whatsoever.
The post The Future of China’s Economy and the Iron Ore Price appeared first on The Daily Reckoning Australia.

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Why the Weakening US Dollar Spells Bad News For the RBA’s Monetary Policy

Why the Weakening US Dollar Spells Bad News For the RBA’s Monetary Policy

The Australian dollar has continued its recent upward trend against the US dollar. This morning the AUD was trading at $0.81 against the greenback.
The post Why the Weakening US Dollar Spells Bad News For the RBA’s Monetary Policy appeared first on The Daily Reckoning Australia.

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How to Get the ‘Outliers’… Stocks That Rise 100+%

The key to profiting from big moves is to ride the trend. That’s how you get the ‘outliers’…stocks that rise +100%.
The post How to Get the ‘Outliers’… Stocks That Rise 100+% appeared first on The Daily Reckoning Australia.

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The One Person You Can Trust with Your Finances

I understand that managing your own finances and investments can be a daunting task. There is a lot of complex industry jargon out there intended to confuse you…
The post The One Person You Can Trust with Your Finances appeared first on The Daily Reckoning Australia.

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Why Transpacific Industries Group’s Share Price Slumped Today

The share price of Australia’s largest waste management company, Transpacific Industries Group Ltd [ASX:TPI] is down 9.6% today at $0.70.
The post Why Transpacific Industries Group’s Share Price Slumped Today appeared first on The Daily Reckoning Australia.

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How You Were in Debt Before You Were Born

Washington has racked up more than $210 trillion of debt that you will have to pay…and pay…and pay for all your lives.
The post How You Were in Debt Before You Were Born appeared first on The Daily Reckoning Australia.

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Financial Planners Are an Easy Way to Lose it All

Financial Planners Are an Easy Way to Lose it All

Here is an eye opening introduction to the world of financial planners. The entire industry conspires against us…
The post Financial Planners Are an Easy Way to Lose it All appeared first on The Daily Reckoning Australia.

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What A Potential Tax on Bank Deposits Means for Savers

The government is thinking of introducing a law that taxes bank deposits. Even though they sidestepped the issue in this year’s budget, it remains on the table.
The post What A Potential Tax on Bank Deposits Means for Savers appeared first on The Daily Reckoning Australia.

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What’s Happening to the Share Price of Insurance Australia Group Ltd?

Insurance Australia Group Ltd [ASX:IAG] was hit by claims associated with tropical cyclone Marcia in February and more recently by the damaging storms that tore through parts of NSW a couple of weeks ago, which now has the company facing a $300 million bill after receiving close to 30,000 claims.
The post What’s Happening to the Share Price of Insurance Australia Group Ltd? appeared first on The Daily Reckoning Australia.

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A Suicidal System of Credit

Spending on credit favours the existing owners of capital…and people who have existing claims on the government money. Let me explain…
The post A Suicidal System of Credit appeared first on The Daily Reckoning Australia.

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Why The Government is Right to Punish Companies Dodging Taxes

Joe Hockey has said that companies found avoiding taxes on profits made in Australia will face large fines. Finally the government is doing something that every taxpayer can get behind…
The post Why The Government is Right to Punish Companies Dodging Taxes appeared first on The Daily Reckoning Australia.

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