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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Has the NEXT Credit Collapse Already Begun?

Has the NEXT Credit Collapse Already Begun?

Credit expansions are enabled by low real (inflation-adjusted) interest rates. Credit contractions occur when real rates go up.
The post Has the NEXT Credit Collapse Already Begun? appeared first on The Daily Reckoning Australia.

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Turnbull’s Budget Nightmare About to Get A Whole Lot Worse

The government’s battle with a widening budget deficit is set to worsen over the next decade. At a minimum, it will put an end to any talks of budget surpluses indefinitely.
The post Turnbull’s Budget Nightmare About to Get A Whole Lot Worse appeared first on The Daily Reckoning Australia.

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America’s Middle Class Is an Endangered Species

Who cheated middle-class savers with zero interest rates? Who gummed up the US economy with thousands of rules, regulations, and red tape — making it hard to start a new business?
The post America’s Middle Class Is an Endangered Species appeared first on The Daily Reckoning Australia.

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Is BHP Billiton a Buy?

Everyone’s talking about the future of BHP Billiton [ASX:BHP]. It recently closed at $17.20 per share.
The post Is BHP Billiton a Buy? appeared first on The Daily Reckoning Australia.

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The Stocks Set to Gain the Most from the ‘Ideas Boom’

I wanted to get his unabridged take on the innovation package. And what it may mean for technology stocks down the road in general.
The post The Stocks Set to Gain the Most from the ‘Ideas Boom’ appeared first on The Daily Reckoning Australia.

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