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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Cracks in the Credit Market

Cracks in the Credit Market

When investors panic and move to cash, it represents a tightening of credit conditions. If done on a large enough scale, such panic can cause a classic ‘credit crunch’.
The post Cracks in the Credit Market appeared first on The Daily Reckoning Australia.

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Why Gold is the Only Answer to Preventing ‘Booms and Busts’ – Part 2

We will look at the seven characteristics of sound money. And why these characteristics have made gold the only true store of value.
The post Why Gold is the Only Answer to Preventing ‘Booms and Busts’ – Part 2 appeared first on The Daily Reckoning Australia.

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Tomorrow’s Interest Rate Decision

After seven years of the Fed’s ZIRP, short-term interest rates are expected to begin moving back to ‘normal.’
The post Tomorrow’s Interest Rate Decision appeared first on The Daily Reckoning Australia.

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Bear Markets Are About Price AND Time.

Without doubt, the biggest event in 2015 (economically speaking) was the collapse in the oil price. And it’s still going on.
The post Bear Markets Are About Price AND Time. appeared first on The Daily Reckoning Australia.

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Sorry Malcolm, Super Tax Concession Reform Won’t be Fair

The government’s war on Aussie taxpayers is gaining momentum. With budget deficits rising, the pressure for tax reform is mounting. At the heart of these proposals is a winding back of super tax concessions.
The post Sorry Malcolm, Super Tax Concession Reform Won’t be Fair appeared first on The Daily Reckoning Australia.

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