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 Stock Market is About to Get Ugly

The Stock Market is About to Get Ugly

Commodities weren’t the only victims from the overnight sell-off. Junk bonds and biotech stocks also suffered heavily. It’s a sign of increasing risk aversion.
The post The Stock Market is About to Get Ugly appeared first on The Daily Reckoning Australia.

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IMF Tells Australia ‘Get Used to Slowing Growth’

The International Monetary Fund (IMF) delivered a sobering outlook for the Aussie economy this morning. The bank says we should get comfortable living in
The post IMF Tells Australia ‘Get Used to Slowing Growth’ appeared first on The Daily Reckoning Australia.

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Why ‘Bad Banks’ Give the Best Deals

If that means driving interest rates down, printing money, bailing out bankers and screwing the taxpayer, then that’s what happens.
The post Why ‘Bad Banks’ Give the Best Deals appeared first on The Daily Reckoning Australia.

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Melbourne’s Property Market Unsustainable? It’s All Hype

The growth of Melbourne’s property market is quickly catching up to Sydney. So much so that observers are questioning whether its growth is sustainable.
The post Melbourne’s Property Market Unsustainable? It’s All Hype appeared first on The Daily Reckoning Australia.

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Trapped in No Man’s Land before a Huge Rebound

How long will we be stuck here in no man’s land before markets bottom and rebound? I have done some calculations on the timing of a bottom.
The post Trapped in No Man’s Land before a Huge Rebound appeared first on The Daily Reckoning Australia.

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