In today’s piece, from 16 November, Ryan explains what ancient Chinese proverbs have to teach the modern investor. He looks at why interest rates are inevitably headed up in 2018, and both the good and bad things that could mean for your investments.
There’s still a shaky feeling around the global economy, as people worry what years of money printing and low interest rates have done. But that’s precisely why interest rates have to rise. And soon…
Unless we’ve reached some magical equilibrium point, a world where strong economic growth can live with low interest rates and low inflation, something’s got to give. I think next year it will all kick off.
You can still profit in a market trending sideways. All you have to do is come up with an investment idea, identify growing trends and only invest in what you understand.
The prudent course of action for mortgage holders right now is to pay down debt as fast as they can. If nothing major happens then an economic recovery will come along at some stage and interest rates will — eventually — revert to more normal levels.
In today’s Money Morning…an incredible failure by one of Australia’s largest banks…regulators also to blame…government reaching for more power, as always…it’s dangerous to go alone, take a guide…and more…
In today’s Money Morning…if you turn a blind eye to money laundering and terrorism financing you’ll get in trouble…what to expect next?
You know what to expect from the RBA this afternoon? Noise to talk down the Aussie dollar. Most importantly settle for the back-pedal from the central bank.
You could never accuse those who wrote the legislation to establish the RBA in 1959 of lacking lofty ambitions. What gets lost, however, is one key word...
Rising interest rates — even just one or two raises — have much more of an impact on a highly leveraged economy like Australia’s.