Beverly Crystal Sim

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STOCKS ARE GREEN AGAIN: What you need to know ahead of a 4-day week for markets

On Wednesday the Fed cut its outlook for interest rate increases in 2016 to two from four, telling the markets — which were long betting against four rate hikes from the Fed this year — that they were right all along.<p>The Fed turned a clear eye towards international developments in its statement, …

I spent nearly 15 years in banking, and here are my 10 best pieces of advice about money

After nearly 15 years in banking, I have witnessed firsthand how banks operate and make money. That has influenced how I choose products and interact with financial institutions.<p>Here is my advice on how you can get the most from your bank.

21 ways rich people think differently than the average person

That's what Napoleon Hill preached in his bestselling 1937 book "Think and Grow Rich," the culmination of his intensive study of more than 500 self-made millionaires.<p>Self-made millionaire Steve Siebold, who has interviewed 1,200 of the world's wealthiest people during the past three decades, …

How rich Warren Buffett was at your age

In fact, 99 percent of his immense wealth was earned after his 50th birthday, reports Business Insider.<p>That doesn't mean Buffett, 84, was a late bloomer in any sense. He started his financial path toward wealth at a very young age and built his fortune slowly over the years, decade by decade — …

Your salary shouldn’t be your only source of income

Millions of words are written everyday about personal finance. Most of these are sensible, but lack the psychological and behavioral aspects that help people break bad financial habits. In the meantime, the advertising world bombards you with great ways to separate you from your money, by blurring …

3 charts that show the stock market is almost in a bubble

Back in February, I looked at U.S. market valuations based on several different metrics, concluding that valuations were quite high—at or above the levels that prevailed before major corrections.<p>This morning, I was reviewing several data points and realized that valuations had evolved even higher …

Greek markets suffer worst sell-off in history as economy is decimated by capital controls

Bank shares decline by a maximum daily limit of 30pc as investors hammer stocks following five-week trading suspension<p>Greek markets suffered a bloodbath on Monday, falling by a record 23pc within minutes of the opening bell as investors rushed to sell off stocks during the first full day of trading …

Stock Markets

Greek opposition 'not bound' by post-bailout commitments

ATHENS, Greece (AP) -- Greece's conservative opposition leader says his party will not be bound by the terms of a post-bailout agreement being negotiated between the government and international creditors, arguing he would implement more aggressive cost cuts.<p>Kyriakos Mitsotakis made the remarks …

The best ways to invest $5,000

"If you're asking what's the best way to invest $5,000, it's kind of like asking what should I have for dinner tonight? Well, it depends," says Greg McBride, chief financial analyst of Bankrate. "What do you like? What don't you like? Do you have any allergies? What are you in the mood for? The …

3 fundamental lessons Warren Buffett learned from his mentor Ben Graham

It was a guide to "value investing," a system Graham began developing with his fellow Columbia Business School professor David Dodd in 1928. It advocated investing in stocks that were trading below their value as a safeguard against unpredictable future developments.<p>"The Intelligent Investor" was a …

Capital investment: Economic outlook slips 'from bleak to recessionary'

UBS economist George Tharenou told clients the outlook had switched "from bleak to recessionary".<p>"The capital expenditure cliff has arrived early," …

ECB fears 'abrupt reversal' for global assets on Fed tightening

The ECB’s financial stability report describes a 'fragile equilibrium' in world markets, with a host of underlying risks<p>The global asset boom is an accident waiting to happen as the US prepares tighten monetary policy and the Greek crisis escalates, the European Central Bank has warned.<p>The ECB’s …

Channeling Peter Lynch: Top 10 Growth-At-The-Right-Yield Stocks

As I’ve written in prior missives, my friend and colleague, Frank Gristina of Tell-tale Capital, has developed a unique way to find cheap stocks that generate superior income streams while providing the potential for equity appreciation. It involves using a concept called “GARY” which stands for …

Investing

Why it could be a good time to buy

Foxtel’s property expert Andrew Winter told <i>news.com.au</i> that you could always find value if you did your homework.<p>“It can always be a good time to …

Five Top VCs Predict The Future

Robocars, the hyperloop and universal broadband are nearly here – or so some top venture capitalists think.<p>On Thursday night, five of the world’s best-known venture capitalists each went to bat for two trends they think will be the most explosive over the next five years, but aren’t overly obvious. …

Venture Capital

Why Interest Rates Are Climbing

It appears that a trend reversal has taken place and mortgage interest rates are on the rise. It had to happen at some point. The financial markets have been dancing with when the Fed will raise short-term rates for some time, and it appears that the credit markets at least, are tired of …

Real Estate and Property Market News

Why Are Exchange-Traded Funds Preparing For A ‘Liquidity Crisis’ And A ‘Market Meltdown’?

Some really weird things are happening in the financial world right now. If you go back to 2008, there was lots of turmoil bubbling just underneath …

Fact check: Did abolishing negative gearing push up rents?

As property prices continue to rise across Australian capital cities, in particular Sydney, the debate around how to address housing affordability …

Housing

Google CFO retires with a candid memo about work/life balance

"After nearly seven years as CFO, I will be retiring from Google to spend more time with my family."<p>That's how Patrick Pichette, one of Google's …

Middle Age

6 Very Risky Investment Mistakes Warren Buffett Says You May Be Making

What does risk mean to you? If you ask the average person, they’re likely to say the probability of losing money. If you ask most financial professionals, they’ll probably equate risk with volatility of returns. (While these may sound similar, they’re not exactly the same thing. Let’s say …

Investing

Where From Here For The Oil Price?

The first topsy-turvy quarter of the current oil trading year is behind us, with both benchmarks – Brent and WTI – currently trading above the stated period’s average price well in to the second quarter. In fact, some commentators are quite keen to flag-up the fact that both benchmarks are hovering …

Growth vs. Value Investing: Which Style Is Right For You?

Investor extraordinaire Warren Buffett became one of the world’s wealthiest people by seeing promise in out-of-favor “value” stocks, buying them at bargain prices and waiting until they rebounded to sell them at a profit. Others rebuff Buffett’s value philosophy and pin their expectations on …