Financial Topics

Are You A Kipper Or Do You Know One?

Sunday, July 13th, 2008

SBS is airing a new and an interesting series this week. Its called ‘The Nest’. This new show is about ‘Kippers’ – Kids In Parents’ Pockets Eroding Retirement Savings. Adult kids aged between 20 and 29 who continue to live with their parents are called Kippers. According to 2006 census, 16% of people in this [...]

Watch Out For Scams

Wednesday, July 9th, 2008

I recently came across an interesting website called ScamWatch – this site is run by Australian Competition and Consumer Commission (ACCC) and aims to provide information to common people and small business owners about how to recognise and avoid scams. Most of us have probably received emails from Iraqi and Nigerian citizens who promise to [...]

Chip and Pin Technology Credit Cards

Tuesday, July 8th, 2008

Two weeks ago I got my new credit card (since old one expired). The new card had a ‘shiny’ chip installed on it. All new credit cards now come embedded with these micro chips. These new chip credit cards are called ‘SmartCards’. These cards have become quite common in Asia and Europe and are now [...]

ASX Classes

Friday, June 27th, 2008

Australian Stock Exchange Website has a very comprehensive and easy to use website. It has a wealth of information and resources. I have listed a few of the major features of this website: 1. Offers online courses 2. Information about offline courses – you have to pay for these lectures 3. Free online sharemarket games [...]

Australia – Number 10 On Global Rich List

Thursday, June 26th, 2008

For the past 12 years, Merrill Lynch and Capgemini have been releasing a very comprehensive report into the factors that drive and inhibit wealth generation and how these factors have been affecting the high networth individuals across the world. The report is called the ‘World Wealth Report’. A few weeks ago the 12th Annual World [...]

Sub Prime Crisis Leads To Global Credit Crisis

Wednesday, June 4th, 2008

The financial papers have been reporting the doom and gloom the global economy is facing due to the sub prime crisis…Suddenly sub prime crisis seems to be taking the blame for all the major problems (except maybe for the war in Iraq). This blame is not totally baseless…In this post I am going to try [...]

Safe Custody Boxes For All Your Irreplaceable Valuables

Monday, June 2nd, 2008

If you have valuables which you believe that insurance alone cannot protect then consider using a safe deposit box. I am not talking about safe deposit box that you can actually buy and install in your home – these are safe but are not burglar safe. I am talking about boxes which you can hire [...]

Board Room Radio – A Cool Service For All Mum And Dad Investors

Wednesday, May 21st, 2008

I first heard of ‘board room radio’ on ABC Business program. It was an interview with the founder of the company. I was quite impressed with what they were offering and made a note to check it out. What Do They Offer? Whenever a company releases any end of year figures or half year figures [...]

Credit Rating Explained

Monday, May 19th, 2008

We all have a credit file linked to our names. Every time you apply for a loan or for credit of any form, your lender will first access your credit file and check your credit history. Your loan/credit will be approved or disapproved based on the details on this file. So What Is In your [...]

Opes Prime Collapse – How Did It Happen ?

Friday, April 18th, 2008

A detailed analysis of the reasons for Opes Prime Collapse – how and why of the of the Collapse

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