Archive for December, 2008
One person’s trash is another person’s treasure
Posted by Bronson Financial Services on Dec 3rd, 2008
Despite the best efforts of world leaders, stock markets continue to roller coaster and at the moment there seems to be more downhill runs than uphill climbs. Recently we saw a massive sell off in global share markets, the likes of which we have not seen since 1987. Without being alarmist, it has not been [...]
Australian money supply growth in September 2008
Posted by cij on Dec 2nd, 2008
We had just taken a look at Australia’s money supply growth for September 2008: Notice that money supply growth seemed to have slowed down from May to June 2008 before resuming its rapid growth again from July 2008 onwards. The M3 money supply is at a record high of AU$1090 billion. For those who are [...]
Pop goes Last Week’s Bubble as Stocks Plunge
Posted by andyfvp on Dec 2nd, 2008
The record 15%+ rally across the major indexes last week was a cruel Thanksgiving jest played by the market on unsuspecting analysts and investors, as unveiled by today’s sharp falls which wiped out half the gains in just one trading session. Will we ever learn? Mondays seem to be becoming the day of reckoning as [...]
Big Money and Tips on Renting a Place for the Presidential Inauguration
Posted by andyfvp on Dec 2nd, 2008
Over the weekend I was talking to some friends living in the Washington DC metro area, who told me that they are planning to rent out their place during the week of President-Elect’s Obama’s inauguration (Jan 18 to Jan 24, with the big day on Tuesday Jan 20th 2009). I had heard that this is [...]
Save big $$$ on hire car excess insurance – Money Tip without the Boring Stuff
Posted by Ask_Josie on Dec 2nd, 2008
A big thank you to Mick for this one. Mick travels a lot and has shared this fantastic tip to save money on Damage Waiver Excess Insurance that car hire companies entice you to pay. You know the drill. You front up to pick up the keys and sort out the paperwork and then they ask if [...]
The Value of Your Big New Business Idea
Posted by Greg on Dec 2nd, 2008
I am often approached by people with a big business idea who want someone to pay them for it. How much is your big business idea worth? Back in the early eighties, I worked for a year in the US for another company. Whilst there, I noticed that they had home delivered pizza. This was [...]
Stockwatch: Amcor Limited (AMC)
Posted by Greg Atkinson on Dec 2nd, 2008
There are few major Australian companies that have had their shares subjected to as many sell ratings over the years as Amcor (AMC). Over the last 2 or 3 years when the stock market was booming almost nobody rated AMC as a buy, and more often than not it was marked as a sell. (and [...]
Economic Groupthink: a dangerous trend.
Posted by Greg Atkinson on Dec 2nd, 2008
One of the worrying trends that has emerged in Australia during 2008 is the way the government has created an atmosphere that is conducive to groupthink behaviour. Views that are not aligned with “Rudd’s World” are attacked as reckless or irresponsible by the government, and the mainstream media appear willing to slap down any dissenting [...]
Do You Have The Disciplines Required To Become a Successful Share Trader?
Posted by strudy on Dec 2nd, 2008
Do You Have The Disciplines Required To Become a Successful Share Trader? The average person who begins trading in the share market often has little idea or knowledge as to what is required to become a profitable successful share trader.Due to this lack of knowledge they have unreal expectations of how much money can be [...]
BHP-RIO, Round 1 over for now
Posted by andyfvp on Dec 1st, 2008
For over a year BHP has been aggressively pursuing a takeover of RIO, however, it surprised the market this week by calling it off. Whilst the announcement was enough to cause a rally in the price of BHP, the same cannot be said for RIO as its shares fell around 35%. RIO has now been [...]
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