After hiking its interest rate by 10 basis points on Monday, Commonwealth Bank of Australia (CBA) reported on Wednesday a 19 per cent increase in profit compared to a year ago. CBA registered a record profit of $3.624 billion for the December half. The lender, one of the big four, attributed the healthy financial results [...]

Being in debt can often feel like living in an inescapable hole. Unless youre pursuing medical or law careers or a high-paying business idea its often difficult to insure your earnings will match or exceed your expenses and debt. As a result, the debt isn’t paid off and the interest keeps on accumulating. The hole grows deeper and [...]

It would be fair to describe me as a contrarian investor. I advocate Valuation-Informed Indexing. Valuation-Informed Indexers go with high stock allocations when prices are low (which means most investors are not happy with stocks) and with low stock allocations when prices are high (which means that most investors love stocks). Still, I am not [...]

Financial Stability Board Chairman Mark Carney on Sunday rejected calls from the banking industry to delay planned tougher capital rules for lenders, saying such a move would not spur strong growth. “There is much conflation and deliberate confusion of the consequences of global deleveraging … with financial reform,” Carney told the Financial Times in an [...]