Dismissed executive ‘warned HBOS of risk’

I felt it was important to post this article because it tells of someone with the guts to tell executive management that they were taking unnecessary risks even though he believed it ended with him being fired. “Paul Moore, who was dismissed as head of group regulatory risk in 2005, told MPs it was obvious […]

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Baby Boomers Possible Investment Opportunity of a Lifetime

The world is turning up-side-down. Values are being destroying  and rules of law, business and etiquette thrown aside. In such a world the best Baby Boomers can do is try to keep themselves and their money safe until everyone realises the world is doing really stupid things. Kitchen table economics tells you that you don’t […]

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Accept Responsibility for Your Nest Egg Losses and Learn from it

The first step in learning how to protect your nest egg in the future is to accept your responsibility for your current losses. The wealth management industry is now saying many investors (baby boomers) are apathetic about their retirement nest egg and take no real interest in it until retirement gets close. They also add […]

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What’s the Difference Between Listed and Unlisted Property?

Forgive me if I am a little confused here. What is the difference between listed and unlisted property in fund portfolio under management? Let’s take two identical properties and say one is a listed property and is marked to market every day. The other is an unlisted property whose value is subject to a mathematical […]

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A History Lesson in Financial Greed and Corruption

If we do not learn from history they say we are likely to repeat it. We now have yet another economic crisis brought on by the excesses of Wall Street. This is the third such event since the 1980’s when financial markets were deregulated. I am reading a great book now called, “The GREED Merchants” […]

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Retirees Survival Guide – Australian Financial Review

It’s great see some good advice being directed at retirees at last. The “Retirees Survival Guide Your Ultimate Manual” is an article written by John Wasiliev in the Australian Financial Review. At just two pages it lists 11 strategies you should consider if you want to manage your way through this financial crisis and well […]

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China’s Long March to Grab Australia’s Mineral Wealth

It has begun! The takeover of Australia’s Mineral Wealth. RIO is about to sell Australia down the river to prop up its bad debts and bad decisions. Thank god it looks like the Australian Press are showing some nationalistic fervour. On the face of it RIO is about to sell 20% of itself to Chinalco. […]

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Who Can You Trust Now? Investor Confidence Dependent on Reforms for Corporate Behaviour

Right now the question to ask before investing again is, “Who Can You Trust?”. The answer should be a resounding NO ONE. We have seen the utter disdain and contempt with which the public investors are held by many of the blue chip boards and executives, as well as many fund managers and financial planners. […]

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