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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What’s Your Magic Number: Figuring out How Much Money You Need for Retirement

What’s Your Magic Number: Figuring out How Much Money You Need for Retirement

The first step is to calculate your Lifestyle Burn Rate (LBR). This is the amount of money needed each year to enjoy your lifestyle.
The post What’s Your Magic Number: Figuring out How Much Money You Need for Retirement appeared first on The Daily Reckoning Australia.

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The Best Way to Profit From Low Inflation

The problem for the central banks is that they want inflation to go up. The latest reading on inflation in Germany was 0.1%. That’s a problem for the ECB…
The post The Best Way to Profit From Low Inflation appeared first on The Daily Reckoning Australia.

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The Simple Concept That Made Me $6 Million Last Year

You cannot reach financial independence through stock investing and options alone. You need to increase your income through different avenues and opportunities.
The post The Simple Concept That Made Me $6 Million Last Year appeared first on The Daily Reckoning Australia.

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A New Take on FoFA – The Future of Financial Advice…

In the politically correct world, FoFA is an acronym for Future of Financial Advice. In the world of The Daily Reckoning it’s come to mean something quite different…
The post A New Take on FoFA – The Future of Financial Advice… appeared first on The Daily Reckoning Australia.

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Karl Marx’s best idea

Karl Marx’s had plenty of bad ideas, but he had at least one good one; historical determinism…
The post Karl Marx’s best idea appeared first on The Daily Reckoning Australia.

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