These days you have to invest in a world where money in the bank pays very little interest, if anything at all. Which leads to a global hunt for yield.
In Australia, the banks have been treated like footy teams. One bank forever, through thick and thin for life. Indeed, it’s joked in banking circles that customers are more likely to change their spouse than their bank. With open data, those days are fast coming to an end…
oil isn’t our most valuable resource in this unstable political world right now. That’s something else… No, it’s not oil. Or iron ore even. It’s something more basic.
Gold will always be under government control. It’s not going to be the tool to set us free from excessive state power over money...
The big banks in Australia should be very scared. Fintech is not a fad, or a buzz word. It’s an idea whose time has finally come.
Banks do have one ace up their sleeve. It might not save them, but it could help them adapt to a new reality…
Australia’s big banks have been relatively very lucky so far… But the tech is ready to roll and the political protection is gone thanks to the Hayne Royal Commission. How can you profit from this immense opportunity at hand?
Australia’s big banks are walking around with a big target on their backs. Why? Because they are amongst the most profitable in the world. So it’s no surprise that the world’s fastest growing fintechs are keen to come here.
Now more than ever, bank shareholders need to start looking under the hood of the banking world. To understand what they hold and why.
The T Boone Pickens Exchange Traded Fund (ETF) is getting out of oil and into the renewables business instead. Yes, you read that right, an ETF that bears the name of the ‘oil legend’ and trades under the ticker BOON is now a way to invest in green energy.