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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A Journey Through the Baltimore Ghetto

A Journey Through the Baltimore Ghetto

Yesterday, investors drove the Dow 258 points — more than 1.5%. But the most interesting financial news concerned tech darling Apple.
The post A Journey Through the Baltimore Ghetto appeared first on The Daily Reckoning Australia.

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Low Interest Rates Always Lead to Bubbles

Only a chump could reasonably suggest that central banks and governments are on the right path by taking interest rates lower and lower.
The post Low Interest Rates Always Lead to Bubbles appeared first on The Daily Reckoning Australia.

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Worse Than 2008

Total losses from debt defaults could be four times US losses in the 2008 crisis. And that is just the beginning.
The post Worse Than 2008 appeared first on The Daily Reckoning Australia.

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About Time Australian Unemployment Climbed Back to 6%

And, right on cue, there it was. Yesterday, the unemployment rate hit 6% again. Didn’t we tell you? Of course we did. As day follows night, the inevitability of it was obvious to anyone not blinded by dreaded optimism.
The post About Time Australian Unemployment Climbed Back to 6% appeared first on The Daily Reckoning Australia.

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The Mad Policy Hurting Banks Worldwide

Australia, for one, does not yet have negative interest rates. And there’s plenty of development happening right here to keep the wider economy ticking along.
The post The Mad Policy Hurting Banks Worldwide appeared first on The Daily Reckoning Australia.

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