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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 Dow Jones: Where Are We Going This Week?

The Dow Jones: Where Are We Going This Week?

While the ASX 200 has returned 7.5%, the Dow Jones is up close to 9% since its October low market close. Keep in mind that this is a 9% gain in less than three weeks.
The post The Dow Jones: Where Are We Going This Week? appeared first on The Daily Reckoning Australia.

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The Recession We Have to Have

Thanks to tanking iron ore prices, Australia now faces an ‘income recession’. In the next few years, our economy will produce much lower income growth.
The post The Recession We Have to Have appeared first on The Daily Reckoning Australia.

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The Keynesian Consensus Has Been a Dismal Failure

There are more people than ever before whose explicit role in our economy is to make things better — more government agencies, and more bureaucrats.
The post The Keynesian Consensus Has Been a Dismal Failure appeared first on The Daily Reckoning Australia.

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Any Bargains in Iron Ore?

Australia is a major producer of iron ore. In fact, three of the world’s four largest producers are Australian companies trading on the ASX.
The post Any Bargains in Iron Ore? appeared first on The Daily Reckoning Australia.

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How to Commit Financial Suicide

In the world of suicidal financial policies, the Japanese are the trendsetters. So, it probably won’t be long before the Federal Reserve gets back into the money-printing business.
The post How to Commit Financial Suicide appeared first on The Daily Reckoning Australia.

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