Australia
Category Archive

The ‘FOMO’ Pandemic Is Spreading

02.10.2017 • AustraliaComments Off on The ‘FOMO’ Pandemic Is Spreading

Don't forget - the investment industry runs on sales... just like any other sector. To generate sales, financial advisors will use emotional triggers like "a happy retirement" or "protection for your children". And it's easy to ignore reason and buy into those concepts.

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The Church of Scientology and Bitcoin

22.09.2017 • AustraliaComments Off on The Church of Scientology and Bitcoin

Space lord Xenu, frozen corpse spaceships, alien soul rapture, and brainwashing facilities on Earth? How has something so fanciful become an established, well-funded organization? True believers.... not unlike those worshiping Satoshi Nakamoto and his

We’ve Been Taking Growth Hormones Without Knowing!

11.09.2017 • AustraliaComments Off on We’ve Been Taking Growth Hormones Without Knowing!

China has taken this GDP growth obsession to another level. The government directive is ‘We will achieve 6.7% growth each and every year’. And, miraculously, that’s the number they produce…within days of the quarter ending. Fake news?

This Government Definition of “Employment” Is Laughable

08.09.2017 • AustraliaComments Off on This Government Definition of “Employment” Is Laughable

Work at least one hour per week for cash or — wait for it — in kind, and you, my friend, are employed. Congratulations; you’re now officially a bread winner…provided the baker will accept ‘in kind’ payment.

Gowdie: Why I Won’t Be Buying Bitcoin

06.09.2017 • AustraliaComments Off on Gowdie: Why I Won’t Be Buying Bitcoin

Would I buy bitcoin, Ethereum or any of the other 1099 cryptos? The resounding answer is: No. I wouldn’t put one red cent into these assets.

How Much Bull Can Investors Bear?

01.09.2017 • AustraliaComments Off on How Much Bull Can Investors Bear?

A few years ago I warned about chasing yield. There are no free lunches. The extra return comes with a potential sting in the tale. My parents learned that lesson the hard way...

Boomer Retirees Will Be Disappointed

28.08.2017 • AustraliaComments Off on Boomer Retirees Will Be Disappointed

As a baby boomer, I'll admit we took advantage of the stable financial conditions our frugal parents created, leveraged up, and enjoyed prosperity... but as the cycle turns, we should prepare to live like our parents did.

ABC: For Every Dollar Earned, Australians Have Two in Debt

25.08.2017 • AustraliaComments Off on ABC: For Every Dollar Earned, Australians Have Two in Debt

Stability creates instability as people take on more risk, believing trends will continue. That's a dangerous assumption...especially with a bank's money.

Thomas Jefferson: ‘Never spend your money before you have earned it.’

21.08.2017 • AustraliaComments Off on Thomas Jefferson: ‘Never spend your money before you have earned it.’

If households are almost ‘maxed out’, the only way to move the GDP needle into the positive is by governments going deeper and deeper into debt. Running even more generous social welfare programs. None of this is a productive use of capital.

A 37-Year Debt Buildup Is About to Crush the Market

18.08.2017 • AustraliaComments Off on A 37-Year Debt Buildup Is About to Crush the Market

All that’s happened since 2008 has been an accelerated pursuit of the policies that caused the crisis in the first place, lulling people into a false sense of security.

Why Public Information Can’t Be Trusted Anymore

14.08.2017 • AustraliaComments Off on Why Public Information Can’t Be Trusted Anymore

CPI figures. Unemployment numbers. US corporate earnings. Investment industry reports. Information being produced for public consumption is seriously compromised.

8 Qualities Held by ‘Second-Level’ Thinkers

11.08.2017 • AustraliaComments Off on 8 Qualities Held by ‘Second-Level’ Thinkers

Second-level thinking is deep, complex and convoluted. It is different and better than first-level thinking, which tends to be applied by the crowd.

Central Banks Are Already Armed Against the 2017 Financial Crisis

07.08.2017 • AustraliaComments Off on Central Banks Are Already Armed Against the 2017 Financial Crisis

The fall of the US stock market will send shockwaves around the world and, like Pavlov's dog, the response from central bankers will be something that you can easily expect...

145 Years of Market Progress Will Be Reversed by Complacency

04.08.2017 • AustraliaComments Off on 145 Years of Market Progress Will Be Reversed by Complacency

Don’t people realize that when anything market related is prefaced with ‘record’ or ‘all-time’ it’s closer to the end, and NOT the beginning, of a trend?

The Economy’s 30-Year Buildup Will Be Destroyed in Just One

01.08.2017 • AustraliaComments Off on The Economy’s 30-Year Buildup Will Be Destroyed in Just One

The world has too much debt, too much capacity, too many entitlements, too many people moving into retirement, and too many people who think the world owes them a living. Reality is going to hit — and hit hard.

The Japanese Blame Amazon for the Failure of Abenomics

24.07.2017 • AustraliaComments Off on The Japanese Blame Amazon for the Failure of Abenomics

Personally, I’d have thought a national debt load in excess of 600% of GDP and an ageing population who are opposed to debt-funded consumption would have been the root causes. No, it’s that pesky Jeff Bezos who’s to blame…

The Butterfly Effect Will Level the Market

14.07.2017 • AustraliaComments Off on The Butterfly Effect Will Level the Market

On any given day, less than 1% of shares in the market change hands, but their sale impacts the value of the other 99%. The same principle applies to the economy...so how much has to change before we should worry?

How High Will You Be When the House of Cards Falls?

10.07.2017 • AustraliaComments Off on How High Will You Be When the House of Cards Falls?

The global economy is one gigantic Ponzi scheme that needs an ever-expanding debt base to keep it from collapsing. We need to take a breather, take some pain and build a better system...but how?

Dizzy Economists Can’t Stop the Fed from Running in Circles

30.06.2017 • AustraliaComments Off on Dizzy Economists Can’t Stop the Fed from Running in Circles

Maintaining the illusion of prosperity, growth and stability is the goal of Janet Yellen and the vast quantities of debt that have been built to 'solve' a debt crisis. What we're witnessing is madness; Fraud on the grandest scale.

The Hidden Politics That Will Push Back Your Retirement

26.06.2017 • AustraliaComments Off on The Hidden Politics That Will Push Back Your Retirement

. Are you within 15 years to retirement? Sorry to be the bearer of bad news, but the real timeframe could be a longer one that you need to understand, comprehend and plan for.

13 Insider Tips on Protecting Your Wealth

23.06.2017 • AustraliaComments Off on 13 Insider Tips on Protecting Your Wealth

Many dream lifestyles have been shattered by a loss of capital. There are so many traps out there that it’s impossible to know them all, so here’s a simple checklist to guide you...

Australians Need an Economic Reality Check

19.06.2017 • AustraliaComments Off on Australians Need an Economic Reality Check

Low wage growth. High private and public debt levels. Increased automation. Persistently high un- and under-employment. Our economic ‘miracle’ is a mirage.

Taxes Have Turned the Young Against the Rich

13.06.2017 • AustraliaComments Off on Taxes Have Turned the Young Against the Rich

The moral of the story in Europe is that you can only turn the tax vice so far before the wealthy say ‘enough’ and vote with their feet. Taxing the rich is not easy.

Why Aren’t You More Worried About a Recession?

09.06.2017 • AustraliaComments Off on Why Aren’t You More Worried About a Recession?

The US market has the capacity to fall 75% or more in value. As unlikely as it sounds, it has happened…and it will again.