The End Of Bonus Bonds
There has been much attention on Bonus Bonds recently with ANZ's announcement to close the scheme. But for the 1.3 million of you with a share of the $3.2 billion held in Bonus Bonds – what should you do? As is often the default position with investment scheme wind-ups, we suggest you sit tight. Now just might be the only time that Bonus Bonds have ever proved to be a worthwhile investment.
A look back at when the world feared the worst
On August 2, 1990, the world woke up to a grim headline: “Iraq Invades Kuwait; Oil Prices Soar, Markets Plunge.”
Saddam Hussein's forces had crossed into Kuwait, triggering fears of a prolonged conflict in the oil-rich Middle East.
The immediate market reaction was swift and severe.
Lifetime Book Club: The Let Them Theory
In a world where we spend so much energy trying to control outcomes, manage other people’s opinions, and keep everything on track, this book offers a different approach. One that suggests peace comes not from controlling more, but from letting go.