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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Catching On to the Real Estate Bubble

Catching On to the Real Estate Bubble

The Aussie housing market is (to use the words of a certain Donald J Trump) a ‘big fat bubble’. And it’s a bubble ready to burst.
The post Catching On to the Real Estate Bubble appeared first on The Daily Reckoning Australia.

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The End of Rising Share Prices

The other trend to consider when looking at secular bull and bear markets is the share price to earnings (PE) ratio.
The post The End of Rising Share Prices appeared first on The Daily Reckoning Australia.

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The Unfolding Global Energy Shift

Drillers in the US are pumping record levels of oil and gas. The US is on track to be a net exporter of natural gas in 2018 — for the first time ever
The post The Unfolding Global Energy Shift appeared first on The Daily Reckoning Australia.

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Why Are Australian Banks Down Today?

All four of Australia’s Big Four banks are down today. Have you heard the saying, ‘If the US sneezes, the rest of the world catches a cold’?
The post Why Are Australian Banks Down Today? appeared first on The Daily Reckoning Australia.

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The Only Story That Matters for Oil

After months of trading above US$50 per barrel, oil prices have nose-dived. The record amount of long speculative positions have reversed.
The post The Only Story That Matters for Oil appeared first on The Daily Reckoning Australia.

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