Right now, we’re in stage one of a global banking shake-up. It’s marked by smartphone banks and tech-led specialists targeting specific banking niches like insurance and wealth management.
If you’re smart you might’ve realised that money doesn’t just go into super, it also comes out. And this fact throws up a very interesting future scenario… You see, when you retire you take money out of super. It’s known as the pension phase.
Recently I’ve been wondering if the banks are also in cahoots with big media in this fight against fintech disruption. You see, I’ve noticed a trend from the mainstream media, particularly the AFR, to start bashing some of the upstart competitors.
Web 3.0 will spell the end for ‘big tech’ dominance and the start of true data self-sovereignty. Crypto tech is at the heart of this coming change.
If the coronavirus passes and gets under control like pandemics of the past, then a few well-timed investments now, might pay off pretty quickly.
The BDIY is down a whopping 80% from its peak in September last year and is now at a four-year low. A fall this steep suggests that the shipping market is doing quite badly. The fear is that this index is reflecting an emerging slowdown in global trade.
The coronavirus is set to dominate headlines and financial markets this week. Overnight most major markets fell as a wave of panic set in.
Is it really time to go full bull-crazy and get out of cash? Let’s have a look…
The fact is: People will always buy stuff. And retailers will always exist to sell it. The story you know is the death of old retail. What I want to talk about now is the birth of new retail. Because that’s where the investment opportunities lie.
India is an important space for Australian investors as it could be the source of a new resources boom for the 2020s. The ambitious Modi government has plans to target GDP of US$5 trillion by 2024–25, a figure that would propel India into the top five economies in the world.