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.
I’ve decided I would much rather be much too early on something like this because being too late will be fatal.
All my experience tells me we are on the verge of an economic collapse equal to or greater than the Great Depression.
Easy game this investing business isn’t it? Always does exactly what you want right? Stocks always move in the right direction. Everyone is a winner. If only… The simple fact is every market has some pretty dire days. And anytime…
Yesterday the Australian share market once again played follow the US leader. Our market fell 4% compared to the Dow’s 3% drop on Friday.
What a hit the Dow took on Friday. A 530-point fall. Any guesses for what direction our stock market heads today?
There is no doubt that world markets are in a unique, extreme period. Volatility is on the rise. You may have heard of the CBOE Volatility Index (VIX).
I explained my average winning trade was more than three times my average loss. This meant I was actually a very profitable trader.
Pay more attention to building and protecting your wealth. And if sometimes that means changing your investment approach, then so be it.