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 Idea of America

The Idea of America

No fraud, no matter how stupendous, is so obvious as to be detected by the average American. That is America’s great strength…or its most serious weakness.
The post The Idea of America appeared first on The Daily Reckoning Australia.

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Why You Need to Buy hard Assets

Until inflation takes control in times of deflation it pays to load up on hard assets. Think cash, land, fine art and bullion.
The post Why You Need to Buy hard Assets appeared first on The Daily Reckoning Australia.

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Chinese Trade Plunges in September, Dragging the Aussie Dollar with It

If anyone is still under any illusions about the extent of China’s slowdown, yesterday’s trade data should put things in context. The Aussie dollar fell sharply on the news, down a full cent to US$0.72.
The post Chinese Trade Plunges in September, Dragging the Aussie Dollar with It appeared first on The Daily Reckoning Australia.

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How the RBA Can Use Unemployment to its Benefit

September has come and gone, and with it another subpar month for the jobs market. There was some bit of good news at least. The unemployment rate, at 6.2%, was unchanged according to ABS figures.
The post How the RBA Can Use Unemployment to its Benefit appeared first on The Daily Reckoning Australia.

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Think Resource Stocks Present Poor Value? Think Again, Says UBS

When you think about what the future holds for resource stocks, what comes to mind? Chances are words like ‘value’ don’t figure into your line of thinking.
The post Think Resource Stocks Present Poor Value? Think Again, Says UBS appeared first on The Daily Reckoning Australia.

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