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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Don’t Let Yourself Be Conditioned to Think With the Herd

Don’t Let Yourself Be Conditioned to Think With the Herd

Conditioning also heavily influences our investment decisions. Whatever the recent market performance has been it is extrapolated into the future.
The post Don’t Let Yourself Be Conditioned to Think With the Herd appeared first on The Daily Reckoning Australia.

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Australian Dollar Falls to Six Year Low Against the US Dollar

The Australian dollar is trading at six year lows against the greenback this morning. It fell to $0.691 at 9:30am AEST, down from $0.698 on Friday.
The post Australian Dollar Falls to Six Year Low Against the US Dollar appeared first on The Daily Reckoning Australia.

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Last Stop Before a Second Great Depression

All my experience tells me we are on the verge of an economic collapse equal to or greater than the Great Depression.
The post Last Stop Before a Second Great Depression appeared first on The Daily Reckoning Australia.

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Why the RBA Will Have No Choice But to Cut Rates By November

The RBA has something of a problem on its hands. Try as it might to delay the inevitable, rate cutting is back on the RBA’s agenda. Here’s why.
The post Why the RBA Will Have No Choice But to Cut Rates By November appeared first on The Daily Reckoning Australia.

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What is Australia’s Long Bust?

All Australians are bound to be adversely impacted by the effects of a contracting economy. Very few will escape the suffering caused by this economic contraction.
The post What is Australia’s Long Bust? appeared first on The Daily Reckoning Australia.

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