Whether it’s cultural reflection, or a result of the booze wars between the two biggest supermarket chains, the liquor market in Australia is worth about $16.4 billion to the Aussie economy.
And the industry expands 3% each year.
That got us thinking… with that kind of growth rate, are there any companies worth investing in?
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Turn your computer on and there’s one word I can almost guarantee you’ll see: Microsoft.
It’s the world’s top software company. For positively ages, the company’s Windows operating system has been the industry standard for the PC business.
So you’d think that Microsoft (Nasdaq: MSFT) shares would have been a rip-roaring success in recent years. Yet the complete opposite is true. [click to continue…]
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Six years.
That’s how long it will have been from the financial meltdown in 2008 until the U.S. Federal Reserve plans to start raising interest rates.
That’s what they say this month.
Of course, it was only a few months ago the Fed said it would start raising rates in 2013. Now it won’t likely happen until 2014… at the earliest. [click to continue…]
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