Weak manufacturing data out of China spooked the Aussie market yesterday. Last week’s recovery has all but been vaporised.
Now you have another major threat looming — financial warfare, enabled by cyberattacks and force multipliers.
Being aware of your own ignorance is more valuable than most people realise. Thinking you know it all is the greatest danger in the investing business.
The future direction of the Australian economy is something no one has experienced before.
After nearly 30 years in the investment business, this is what I’ve learned about how to build and retain wealth.
Research has found that fear can lead to poor decisions. And one of the worst things a trader can do is to regularly break their trading rules.
When you then look a little deeper you find there are some brilliant, amazing, world changing companies behind it all.
What if people lose trust in the ability of Government and Central Banks to protect them? The situation can rapidly go from bad to worse.
What I will demonstrate in this book is that the global debt crisis is coming to Australia’s shores. And debt crises never have good endings…
Some relative calm has been restored to global share markets. Green ink has temporarily replaced red ink. Apparently this was the correction we had to have.