FatCat's Money Confessions

FatCat's MoneyConfessions - helping you save (& make) money, one click at a time

Matthew Reader's Friends

Matthew Reader's Discussions

Congratulations! You're pre-approved!

Hi Nicole, I think that you're up against it in trying to help people to not fall victim to these campaigns by banks. People are greedy, and they find many different ways to justify not only their ac…

Tagged: manipulation, consumer, credit, Debt

Replied Feb. 8, 2009

What's going to happen to the property market?

Looks like you were onto something here Ivan way back in June las year - rents have gone up AND property prices have fallen. And I think there's a lot more pain to come with property, based on the D…

Tagged: rates, prices, interest, property

Replied Feb. 4, 2009

P&E

There are a few different ratios that are important...this articles runs through a few: Use these 5 ratios to unearth superior stocks PEG seems to be one that everyone's leaning towards these days.…

Replied Jan. 29, 2009

The Benefit of Monetary Policy

One thing to note is that we have seen rates come down 2% over the past three months, and some are predicting that rates will continue to drop very quickly over the coming 1-2 years.

Replied Nov. 5, 2008

Economist tips 11% jobless rate by 2010
7 Replies

Hey all, I just read this recently: ---- Australia's jobs market is in for a rocky ride over the next two years, with one economist predicting the unemployment rate rising as high as 11 per cent, w…

Started this discussion. Last reply by Kbot Oct. 31, 2008.

Origami Bank in Japan folds...
4 Replies

Following the problems in the sub-prime lending market in America and the run on Northern Rock in the UK , uncertainty has now hit Japan . In the last 7 days Origami Bank has folded, Sumo Bank has g…

Started this discussion. Last reply by Kbot Oct. 17, 2008.

Market chaos - when will it end?

Well, your question was timely Mary - the US market has plunged 13% since you posted this!!!

Tagged: investing, markets

Replied Oct. 7, 2008

Life expectancy increases - do you have enough super?
2 Replies

While life expectancy increasing is a great thing - most of us aren't in a hurry to die - it does raise the issue of having enough for retirement. According to the Australian Bureau of Statistics, A…

Tagged: expectancy, life, super

Started this discussion. Last reply by ff123 Jan. 27, 2009.

Jokes

US GOVERNMENT CHANGES ITS EMBLEM: The US federal government today announced that it is changing its emblem from an Eagle to a CONDOM, because it more accurately reflects the government's political s…

Tagged: jokes, money

Replied Oct. 5, 2008

Pre-shopping saves consumers plenty of coin

Is "pre-shopping" nothing other than "spaving"? [ See a definition here ] One of the problems with the internet is that it makes it easier for us to keep buying stuff that we don't need. Which means…

Replied Sep. 17, 2008

Women & money

I read that too - it was a great article. Pity you can't access any of the AFR stuff online...

Tagged: money, women

Replied Sep. 16, 2008

Super returns in a falling market

These are very wise words. If we all were to take heed of these four points, we'd be far better off come retirement. Lots of younger people think that they don't need to worry about it now, and that…

Replied Sep. 8, 2008

Latest Scams

The stuff I'm getting lately seems to be dodgy zip file attachments that they're trying to get me to open. Must be a virus of some sort. The text sounds really believable, making you think that someo…

Tagged: bad, scams, ripoffs, investements

Replied Sep. 8, 2008

How to protect your credit card

I totally agree JFP - I find the internet far more secure than leaving my details with random people over the phone, or even having my card swiped. Surely that's the worst because the person then has…

Tagged: credit, fraud, finance

Replied Sep. 4, 2008

Interest rates - real versus comparison rates

There's a formula that is used that was devised by CANNEX. You can use this calculator on St George's site. Most of the banks have it on their website somewhere: Comparison rate calculator

Replied Sep. 2, 2008

Disappointment - Term Deposits and Falling interest rates

I reckon it's a great way to get wealthy - too many people are too trusting of other people's opinions and either lose their money because they don't do any of their own research, or get swindled.

Tagged: recession, rates, interest, deposit, term

Replied Aug. 26, 2008

GDP Adjusted Olympics Medal Tally - Might quieten down a few poms and yanks!!

Quieten down Poms - is that possible? ;) Nice stats Scott - I've got to say, I'm bloody impressed!

Tagged: forecasting

Replied Aug. 26, 2008

All these online money making ideas

It is akin to selling air...maybe you're onto something there :)

Replied Aug. 8, 2008

All these online money making ideas

I'd steer clear of sites like "How I earn £14,576.92 per month" because the way they're probably making it is from selling these "ideas"! There's no quick and easy way to make money, but if you're w…

Replied Aug. 8, 2008

 

Matthew Reader's Page

Latest Activity

Profile Information

Age
<30
Sex
Male
What is your Money Confession? (Your biggest money win or stuff up)
Don't ever save money

Comment Wall (41 comments)

You need to be a member of FatCat's Money Confessions to add comments!

Join FatCat's Money Confessions

At 6:12pm on January 23, 2009, Linda Kathleen Schmidt said…
Thankyou for your reply. I looked at the book you recommended and also found another which seemed suitable for me just now called Teach yourself about shares by Robert Kinsky. thankyou for replying. I have logged on to Compushares and reading there useful information. Linda
At 7:59pm on January 21, 2009, Mrs. C. Jarvie said…
Hello Matthew. Thanks for adding me as a friend. Nice video, I'm an Obama fan myself.
At 7:40am on November 17, 2008, Linda Kathleen Schmidt said…
working 60 hours week economic climate eating into growth need mentor to find a way
At 3:41am on November 17, 2008, pat said…
loaned money to friends who moved and never kept in contact. the old saying, you can count your true friends on one hand , if you are lucky.
At 8:52pm on November 16, 2008, Honour said…
Arha I won it not lost it only win in my life and once more it was at Jupiters Casino many years ago on a once in 5year trip pity can't do it more often. I have been considering joining Super Savings site for the $27.00 special at the moment. Has anyone else had experience with this site looks very informative.
At 7:39pm on September 23, 2008, patric p said…
One has never enough,
At 5:10pm on September 23, 2008, Susan MacDonald said…
Hi, looks like I'm a bit ambitious, even in these days. But I do my homework first. I see the U.S. closing of Australian ADR, then figure about what will happen here, what's the impact of the billions of bail out from U.S. govt. etc. that's why even MQG is falling, I buy it at $30 now it's $37!!!
At 3:08am on September 4, 2008, Annette Wilkins said…
Hi Mathew,
Thanks for your comments.
At 2:28am on September 4, 2008, Izzy said…
Yeah my family back home adults and children. Thanks for asking
At 2:25am on September 4, 2008, Izzy said…
Yeah my family back home adults and children. Thanks for asking
 
 

Latest Activity

Stuart added a discussion
Hi all,I am after some advice and ideas from everyone, professional advice thus far has been to declare bankrupt and get it over and done with. This is my situation, I used to own a company that T/O was around $1M p/a. The business had a bad season…
on Saturday
Stuart updated their profile
on Saturday
Stuart is now a member of FatCat's Money Confessions
on Saturday
Tony Banks is now a member of FatCat's Money Confessions
March 8
kyuubi13 updated their profile
March 6
kyuubi13 is now a member of FatCat's Money Confessions
March 6
Be aware that Fox Symes is more of a credit management company and might not be what you need. I would talk to the lease company first, explain your circumstances and try to renogotiate the lease terms, eg extending the term to make payments less...…
March 1
AJ added a discussion
The Shire of Litchfield had a problem collecting about $250,000 from unimproved land holdings which were unmaintained and basically had no active ownership. This properties known as "dead man" leases were owned by estates that acquired them in the 1…
March 1
You should email this to Get-Up
March 1
Ever read "The richest man in Babylon"? Its got the most straight forward financial plan that applies to anyone.
March 1
In fact you can buy a series of books revealing Buffetts strategy. The ones I prefer are any authored by Mary Buffett but there are others as well
March 1
AJ is now a member of FatCat's Money Confessions
February 28
J Pang added a discussion
We'd love any advice or opinions on the following;   We've got 3 properties (2 investment properties and 1 principle residence).  We lived in our principle residence for 2 years and have been renting it out for the past 5.5 years, the property is va…
February 27
J Pang and Christopher Wingate joined FatCat's Money Confessions
February 27
Christopher Wingate added a discussion
  Message to billionaire Aussie John from inside a rat infested squalid Indonesian jail. From Robert McNeice. John I am sorry I did not pay back your money but please I have suffered enough. I need your help to me get out of here, my health is not…
February 27
cassandra kate dao-ines is now a member of FatCat's Money Confessions
February 22

FatCat news

Home-Equity Loans

A home-equity loan, also known as a line of credit, lets homeowners borrow money by leveraging the equity in their homes.

Bill Gates No Longer World's Richest Man

For the third time in three years, the world has a new richest man.

Eddy Groves' yacht, chopper to be sold

A helicopter and yacht on which fallen childcare entrepreneur Eddy Groves defaulted mortgage repayments are likely to be sold after approval was granted by the Federal Court.

Billionaire Truck Driver Lindsay Fox

The global economic downturn was bad news for most businesses but not for the one belonging to Australian trucking billionaire Lindsay Fox.

Andrew Forrest tops Aussie rich list

Iron ore magnate Andrew Forrest has more than doubled his wealth to reclaim the title of the nation's richest person from gaming tycoon James Packer, according to the latest Australia Rich list published by Forbes Asia.

Australia's 40 Richest

An Australian could have stood pat in the 10 months since Forbes Asia last ranked the country's 40 wealthiest people and still would have been one-fifth richer by our count. The Aussie dollar gained 21% against the U.S. greenback, our benchmark.

Industry super members better off

People who invest their super in industry funds are almost $80,000 better off than retail consumers

$1 Million: Does It Still Mean You're Rich?

Becoming a millionaire used to mean you were on top of the world. Nowadays, it means you are climbing up the ladder.

6 Months To A Better Budget

Can you have perfect abs in just six minutes a day? It's hard to say for sure, but you can have a solid budget in six months

Why Retirement Could Be Bad For You

You cannot imagine how many times I've heard business builders lament: By the time I'm able to smell the roses, I'll be too old to walk through the garden!
 

© 2010   Created by FatCat on Ning.   Create a Ning Network!

Badges  |  Report an Issue  |  Privacy  |  Terms of Service

Sign in to chat!