An economist is someone who didn't have enough personality to become an accountant.

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Money is like manure. If you spread it around it does a lot of good. But if you pile it up in one place it stinks like hell. - Jr Murchison

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Budget 2015

Budget 2015

  What can I say? I thought when I first watched Shaun Micallif's Mad As Hell, characters such as Darius Horsham were completely original. Little did I know how close they actually were to the people they were imitating. Have a laugh or two with me and watch Mathius, oh ...

Aussie shares – When’s a good time to buy ?

Aussie shares – When’s a good time to buy ?

The screen shot I used as the photo for this post is of Commonwealth Bank of Aust. share price as of 12/5/2015. As you can see there has been quite a drop off in price over the last couple of weeks.   When's a good time to buy Aussie shares?   There is ...

1.5 million Australians live in poverty

1.5 million Australians live in poverty

  1.5 million Australians live in poverty   How has this happened? Australia is a country that has had 24 years of consecutive growth and is in better financial shape than much of Europe but yet so many people are struggling. Have we been blind and just left people behind or is ...

Bosses giving something back!

Bosses giving something back!

Gravity's new minimum wage : $70,000 per year   I was amazed this week when I read in the newspaper about Dan Price the CEO of Gravity Payments in the United States guaranteeing that every employee would have a wage of at least $70,000 over the next three years. You can ...

Superannuation – spend it or keep it?

Superannuation – spend it or keep it?

Superannuation - spend it or keep it?   There has been much talk recently about how the Australian Government may tinker with Super in the future. There's talk of taxing the super rich more to make the system more equitable. Those of you who are realists such as me know that ...

Simple and compound interest

Simple and compound interest

Simple and compound interest   I have written an article before on the power of Compound Interest┬ábut to make the difference between Simple & compound interest apparent, I will explain them here. If you invested $1,000 for 5 years at 5% interest rate, using Simple interest the interest would ┬ábe $500 per ...