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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Beware… This Tech Darling Is Due a Big Fall

Beware… This Tech Darling Is Due a Big Fall

Amazon is still trading at over 830 times net income. And this is no ‘latest technology’ play headed by a tech wizard.
The post Beware… This Tech Darling Is Due a Big Fall appeared first on The Daily Reckoning Australia.

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Woolworths Did the Right Thing in Blocking Baby Formula Orders

Woolworths [ASX:WOW] has come under fire for the second time this week after several customers had online orders of baby formula cancelled by the retailer. Publically, three customers have accused Woolworths of xenophobia, believing their ethnicity led to their orders being rejected.
The post Woolworths Did the Right Thing in Blocking Baby Formula Orders appeared first on The Daily Reckoning Australia.

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Why China’s Housing Problem is Bigger than Most People Think

You won’t hear much about China’s housing market in the mainstream press these days. In a country rocked by daily stock market fluctuations, you can understand why. Chinese stocks soak up most of international attention.
The post Why China’s Housing Problem is Bigger than Most People Think appeared first on The Daily Reckoning Australia.

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How to ‘Read’ the Financial News

Reading the financial news is helpful for this very reason. It helps you to gauge the psychology of the market. For example, the bears are getting much more airtime these days.
The post How to ‘Read’ the Financial News appeared first on The Daily Reckoning Australia.

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From ‘Trade of the Year’ to Disaster. Could It Happen to You?

Use some leverage if it’s right for you. Just be sure you keep it under control. Don’t let too much leverage turn the year’s best trade into a disaster.
The post From ‘Trade of the Year’ to Disaster. Could It Happen to You? appeared first on The Daily Reckoning Australia.

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