There will be a million arguments as to why you should rentvest and then another million as to whether you should by a home – but the real danger is doing nothing.
For all this increased intelligence among our youth, there is one great failing letting down the next generation of Aussies. We continue to ignore the importance of financial literacy.
Most people like to think important financial decisions rely on a logical interpretation of facts and figures. But I believe one of the biggest drivers in economics is, in truth, the swings
and roundabouts of human psychology.
The dead-cat bounce often happens after some sort of good news is announced, and a number of buyers conclude the market has hit bottom and is about to begin strengthening.
