There is one dormant clause that could see the Aussie government walk away with more gold than any other country in the world.
Not only are mass pay cuts coming to the Aussie market, they’re already happening. And it could set the country back 20 years.
When it comes to investment, building your wealth, providing for your family or generations after – you need multiple strategies.
In the 2015 financial year, the RBA reports that Australian companies paid out $78 billion in dividends to shareholders.
If you’re somebody relying on your savings to help fund your retirement, you don’t need anyone to tell you the impact of the latest interest rate cut.
Think about superannuation as the government’s own stockholding. In fact, view the SMSF pool as one big company.
The convenience of access is just one of the many differences between an exchange traded fund (ETF) and a more traditional fund.
Central bankers and governments want instant gratification. Why? Because the system that keeps them in a job demands it.
Investing in the markets, the small-cap markets, can make you wealthy. But nothing really beats some good old entrepreneurial spirit and years of hard work.
Who else is blowing wads of cash on who knows what? That would be the Australian government.