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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And the Winner in the Race to Financial Catastrophe Is…

And the Winner in the Race to Financial Catastrophe Is…

What’s happening in Japan? We ask because, in the race to financial catastrophe, Japan is ahead of us…
The post And the Winner in the Race to Financial Catastrophe Is… appeared first on The Daily Reckoning Australia.

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Seeking Yield, Thrills, and Capital Gains

As debt continues to expand and risks are ignored…and as punters continue to seek yield, thrills and capital gains, an awful reckoning awaits the blind and ignorant.
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The Intrinsic Value of Credit

The Australian dollar is a high yielding currency. Because it’s risky (net foreign debt levels are up to $855 billion) and we are overly reliant on one customer.
The post The Intrinsic Value of Credit appeared first on The Daily Reckoning Australia.

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The Government's Inflation Figures Are a Lie

Are stocks expensive or cheap? How much do you earn? Is the US economy growing? Are we getting richer…or poorer? It all depends on how you measure inflation.
The post The Government's Inflation Figures Are a Lie appeared first on The Daily Reckoning Australia.

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