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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The Debt Riddle That Elites Are Trying to Solve

The Debt Riddle That Elites Are Trying to Solve

There are three ways to repay sovereign debt: default, growth and inflation. Obviously, growth is the best way, but it’s not happening.
The post The Debt Riddle That Elites Are Trying to Solve appeared first on The Daily Reckoning Australia.

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Stocks Rising as Earnings Fall

We’re worried that the market is only being held up by artificially low interest rates. We’re worried that the US market is climbing higher, even though company earnings are falling.
The post Stocks Rising as Earnings Fall appeared first on The Daily Reckoning Australia.

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Sell Stocks… Buy Gold

When the Dow is worth less than five ounces of gold, buy stocks and sell gold. When the Dow is worth more than 10 ounces of gold, sell stocks and buy gold.
The post Sell Stocks… Buy Gold appeared first on The Daily Reckoning Australia.

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Would you Accept Debt as your Inheritance?

Now those parents are passing away. Their heirs are receiving assets that are sometimes guaranteeing an amount of debt greater than the house’s value.
The post Would you Accept Debt as your Inheritance? appeared first on The Daily Reckoning Australia.

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This Is How the Feds Will Ban Cash

The feds will impose measures to crack down on tax cheats, tighten the noose on black-market operators, and shut off funds to causes they don’t like.
The post This Is How the Feds Will Ban Cash appeared first on The Daily Reckoning Australia.

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