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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Three Trades You’d Never Expect to See Again

Three Trades You’d Never Expect to See Again

Many traders convince themselves a losing trade can’t get any worse. But it can. I know, from hard won experience.
The post Three Trades You’d Never Expect to See Again appeared first on The Daily Reckoning Australia.

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The Baltic Dry Index Falls to Lowest Level on Record Ever

We’ve made a habit this past year of tracking the state of the Baltic Dry Index (BDI) at The Daily Reckoning. We feel it’s one of the least tainted global economic indicators available to us. What it says about the global economy will tell you more than any bull or bear stock market ever will.
The post The Baltic Dry Index Falls to Lowest Level on Record Ever appeared first on The Daily Reckoning Australia.

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Making Sense of Gold, US Dollars and Oil

Things calmed down a bit in US markets overnight. Stocks were flat, oil fell a few percent, and gold had another decent session.
The post Making Sense of Gold, US Dollars and Oil appeared first on The Daily Reckoning Australia.

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Boomers Are Being Led Like Lambs to the Slaughter

Baby Boomers are retiring at the rate of 10,000 a day. I don’t know what they’re going to do if another crash wipes them out.
The post Boomers Are Being Led Like Lambs to the Slaughter appeared first on The Daily Reckoning Australia.

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The War on the Credit Cycle Has Only Just Begun…

The feds’ War on the Credit Cycle is not over. In fact, it has barely begun. This is a war that the feds can’t afford to lose.
The post The War on the Credit Cycle Has Only Just Begun… appeared first on The Daily Reckoning Australia.

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