IS THE SKY GOING TO FALL? I have been talking to people for years about the second half of the coming GFC. You would have to have been blind freddie not to have seen the first one coming. An now this prediction from Harry S Dent who is well known as a demographic forecaster.
"The man who predicted nearly every major economic trend over the past 30 years... including the 1991 recession, Japan's lost decade, the 2001 tech crash, the bull market and housing boom of the last decade and, most recently, the credit and housing bubble...
Now predicts the DOW is going to crash.
In fact, world-renowned economist Harry Dent says: "We'll see an historic drop to 6,000... and when the dust settles — it'll plummet to 3,300. Along the way, we'll see another real estate collapse, gold will sink to $750 an ounce and unemployment will skyrocket... It's going to get ugly."
Considering his near-perfect track record of predicting economic events long before they occur, I certainly wouldn't bet against him.
That's why I urge you to see his research, and what he sees in store for the months and years ahead. It's not pretty."
High unemployment and many peoples lives and assets at risk. If you don't work on getting your money into order now, it may end up being too late. You saw it happen on Monday when the market crashed and rebounded. If that was not enough warning of you, then you ain't seen nothing yet! ... See MoreSee Less
WOMEN UNDER VALUED & UNDER FUNDED Another survey has found what should already be abundantly clear. Women on the whole earn less than men, save less for the long term and are more financially dependent in retirement because they are (un?) lucky enough to live longer than men.
Money Rules set out to change this when it became evident that women were having trouble managing the household finances. The most often asked question was "How do I manage my daily money?" It was never anything to do with I have too much money left at the end of the month, what should I do with it?
When will governments realise that women need more education around long term financial security? ... See MoreSee Less