Hot Penny Stocks

Last week I gave you a primer on buying shares.  This week I’ll take you through how to sell shares. As you might guess, the process isn’t that different.  So a lot of what we wrote last week will be repeated this week. But before I get onto that, I’ve received a number of related [...]

One of the most frequent questions I’m asked goes something like this: “I’m a newcomer to this shares lark, how do you buy shares?” Well, let’s answer that question here. Now, I’ve only got limited space in Money Weekend so this week I’ll give you a crash course in buying shares.  And in the next [...]

“I support special levies – including most of the Howard government’s levies – because they teach a freeloading electorate the most basic economic lesson: if you want it, you have to pay for it.” – Ross Gittins, The Age We knew there was something we were supposed to write about last week – the Flood [...]

If you’re worried we’ve forgotten the National Australia Bank [ASX: NAB] and Westpac’s [ASX: WBC] secret loans from the United States Federal Reserve – don’t.  We’re still on the case. We’ve still got them in our sights… Oops!  Apparently we shouldn’t use that imagery.  Sorry… how about this then: That’ll do it. No harm with [...]

My view for the last two years on the stock market has been consistent. But I thought it would be handy to jot it down here so it’s plain for you to see. In this week’s Money Weekend I’ll give you a brief outline of where you should have your money right now… I’ll break [...]

Before we get to today’s Money Morning we just had to relay the exciting news about the Queensland floods. According to today’s The Age: “Queensland rebuilding will boost GDP” We wondered how long it would take the mainstream press to roll out that old chestnut. The mainstream press’s new economic heartthrob, HSBC’s Paul Bloxham said: [...]

Today’s Money Morning contains an extraordinary admission from the Reserve Bank of Australia (RBA). An admission that defies belief. But before we crack on with that, we couldn’t pass up the chance to have a laugh at the big Aussie retailers again. In today’s The Age Myer [ASX: MYR] CEO Bernie Brookes is quoted: “I [...]

Time is up for the Reserve Bank of Australia (RBA). You may recall we lodged a Freedom of Information (FoI) request with the RBA in December last year. From 6th December the central bank had thirty days to respond to our application. Today is the thirtieth day. We’ll see if we get a reply. All [...]

The S&P/ASX200 added a tiny 6 points, finishing to 4,778.40. The Dow Jones Industrial Average was higher by 26 points, ending the day at 11,559.49. Revised third quarter gross domestic product (GDP) data released overnight in the U.S. shows the economy grew 2.6%, up from 2.5%. The figure has disappointed many economists, as unless America [...]

Before I get stuck in to today’s Money Morning a quick note on our publishing schedule over the holidays… This week will continue as normal… as you’d expect. Next week, from 27th December until 31st December each day you’ll get something a bit different. The editors of the five subscription based newsletters we publish have [...]