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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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Archive for November, 2014


The Golden Force

The Golden Force The US dollar weakened against a range of other currencies, including the Australian dollar, and gold surged more than 3%. The post The Golden Force appeared first on The Daily Reckoning Australia. See Original Article An Investment Industry Disruptor Due to the reluctance to move away from the sales culture and percentage […]

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This Has Utterly Corrupted Our Economy

This Has Utterly Corrupted Our Economy The US economy abandoned gold and took the lid off the money pot. Now, there was almost no limit to how much cash could be created… The post This Has Utterly Corrupted Our Economy appeared first on The Daily Reckoning Australia. See Original Article Stocks are Up, Down, Sideways…Hold […]

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The Dow Jones: Where Are We Going This Week?

The Dow Jones: Where Are We Going This Week? While the ASX 200 has returned 7.5%, the Dow Jones is up close to 9% since its October low market close. Keep in mind that this is a 9% gain in less than three weeks. The post The Dow Jones: Where Are We Going This Week? […]

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The Mortgage Death Grip

The Mortgage Death Grip A consequence of the debt-based financial system is the way it can hammer down the initial deposit sizes people need to put together relative to the size of their mortgage… The post The Mortgage Death Grip appeared first on The Daily Reckoning Australia. See Original Article The Melbourne Cup and Global […]

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Your ‘Passport’ to Profits In Overseas Stock Markets

Your ‘Passport’ to Profits In Overseas Stock Markets The Australian Share Market simply doesn’t have the opportunities available abroad. The ASX only makes up 2% of the world’s stock markets. The post Your ‘Passport’ to Profits In Overseas Stock Markets appeared first on The Daily Reckoning Australia. See Original Article The Solemn Fantasy of Modern […]

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