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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Debt Trumps Democracy Every Time

Debt Trumps Democracy Every Time

Greek debt is in the hands of the banks (and the ECB, held as collateral for other loans), and the banks want to get paid.
The post Debt Trumps Democracy Every Time appeared first on The Daily Reckoning Australia.

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That’s Why the Russians are in London

Investors now worry that if Russia’s oil revenues fall, the Russian government will find it hard to balance its budget and pay debts.
The post That’s Why the Russians are in London appeared first on The Daily Reckoning Australia.

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Grow Your Way Out of Debt? Don’t Make Us Laugh…

Total debt — government, corporate and personal — in the US is now $58 trillion. That’s nearly five times the real economy that supports it.
The post Grow Your Way Out of Debt? Don’t Make Us Laugh… appeared first on The Daily Reckoning Australia.

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Cut Your Losses and Let Your Profits Run

This truth is that to be a successful long term investor, knowing when to sell is as crucial as knowing when — and what — to buy…
The post Cut Your Losses and Let Your Profits Run appeared first on The Daily Reckoning Australia.

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Who Spiked the Australian Stock Market?

The Australian stock market is set to follow up Friday’s massive rally with further gains today, although the action will be much more subdued.
The post Who Spiked the Australian Stock Market? appeared first on The Daily Reckoning Australia.

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