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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Could President Trump Use Reagan’s Playbook?

Could President Trump Use Reagan’s Playbook?

Apply the Reagan administration as a frame of reference to compare president-elect Trump. Doing so we can see what expectations might be for the economy.
The post Could President Trump Use Reagan’s Playbook? appeared first on The Daily Reckoning Australia.

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What Rising Iron Ore Prices Mean for Interest Rates

Stocks on Wall Street took a breather overnight, but the price of iron ore continued to move higher. Iron ore for delivery to the Chinese port of Qingdao is now trading at US$80.83 per tonne.
The post What Rising Iron Ore Prices Mean for Interest Rates appeared first on The Daily Reckoning Australia.

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What Awaits the Chronically Ill 60-Year-Old Debt Junkie?

Debt is a drag on growth. Money that could once have been spent in the economy is being diverted to principal and interest payments.
The post What Awaits the Chronically Ill 60-Year-Old Debt Junkie? appeared first on The Daily Reckoning Australia.

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Obama’s Parting Gift… With Fuse Attached

The entire world has a debt problem — with $223 trillion in debt, about three times global GDP. The US has a big piece of that — $63 trillion of the debt.
The post Obama’s Parting Gift… With Fuse Attached appeared first on The Daily Reckoning Australia.

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Viva Cuba Libre!

Fidel Castro was regarded as a revolutionary and a ‘change agent’. But he is better understood as a throwback, more of a counter-revolutionary than a real revolutionary.
The post Viva Cuba Libre! appeared first on The Daily Reckoning Australia.

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