Real Estate, Mortgages, Home Loans and Interest Rates - Do you get it?

Real Estate, Mortgages, Home Loans and Interest Rates - Do you get it? Is it all too much to take in? For somebody like me who is just starting out in the investment market, it seems like there is a lot to understand before you take the first big step.

Finding the right investment or home to live in is becoming increasingly difficult in Sydney. Not only due to pricing but the lack of available properties and land. What was considered farm land 10 years ago is now becoming heavily built suburbs and its stretching more and more inland from the centre of Sydney. Another question you have to ask yourself which is popular with people I know is that would you rather live in the best home in a not so good area or would you rather live in the oldest or run down house in a top area?

With mortgages it seems every Tom, Dick and Harry can offer you a loan. Ive had a home loan application and talk with both a bank and a mortgage broker and they were quite different but I would say the broker has helped me out more than anyone has so far and they visit you for free in the comfort of your home.

My bank home loan meeting was quite confusing to be honest. They kept mentioning personal insurances and stuff like that which I still dont really get and will need to look into.

What about these interest rates. Are they going to keep going up or has it peaked and it should spiral down? Will a change of government this year change this? The reserve bank says that for rates to go down, we need to cut down on spending but this is difficult in today' World with so many goodies like TVs, computers, MP3 players and etc readily available at amazing prices and with great technology advances.

And is Real Estate still the right investment? Would you rather put your money in stocks and shares? Australia is a place that is fascinated with Real Estate and this will never end, I just hope I can get on the bandwagon before the next boom hits.

Russell Peters - Beating Your Kids

Canadian/Indian comedian Russell Peters on why parents should beat their kids!

See for yourself and voice your opinion. Personally, I couldnt stop laughing for hours! Good funny stuff to cheer up your day...

Winter has well and truly hit Sydney!

Well the time has come, Sydney Australia has finally welcomed in winter with a very chilly start to the week indeed!

With this May being recorded as one of the warmest ever, I was getting worried if winter would ever kick off but it has in quite a true manner.

It does not take a rocket scientist to realise that climate change has occured greatly in the last 10-15 years. Even a few years ago, the cold would normally hit around April, before that it would of been even March that the chill factor began. Now however we have waited until the end of the fifth month of the year, May, and it wont take too long I believe until things warm up again, id say end of August, with September basically hitting us with warm pre-summer temperatures.

Whatever you guys are up to this Australian winter, whether it be hibernating and keeping warm at home, hitting the snow slopes or going overseas to bypass our winter and enjoy another summer, take care and live it up!

Dont muck around in the office!

Terry Tate - Office Linebacker is coming to get ya! Hilarious stuff!!

Sydney nightclubs and bars refusing entry to patrons

In what seems to be turning into a trend lately, people who have been refused entry into particular nightclubs and bars in Sydney, are suing these establishments, mainly on grounds of discrimination.

Recently, Scruffy Murphys management was accused of telling security guards to reject anyone of Islander or Middle Eastern appearance because they see these people as "troublemakers". Yet I have been there several times and everytime its drunk and rude English guys starting fights with each other.

And now there is this:
Man sues after bar refuses entry
http://www.news.com.au/story/0,23599,21698884-421,00.html

The well known 'Establishment Bar' in Sydney is under fire for this refusal. According to this news story:

"Ms Eastman said the bar did not dispute that Mr Yusofzai and a male friend were told by a security guard at the door: "There are too many guys inside, you can't go in."
But she said the bar manager informed Mr Yusofzai it was a "safety issue" relating to "the number of persons who may enter the premises"."

This is funny again considering what was mentioned earlier in the article:

"He eventually gained access when a female friend exited the bar and escorted him inside on her arm." Yet I thought they didnt allow the person in due to a "safety issue", but when a female helped him get inside, no-one said nothing!

Is Sydney really becoming this stuck up? I have faced refusals into nightclubs many times, is it my ethnic (European) background that pulls me back or is it really my shoes or no collared shirt as quoted by security/door persons, yet I see inside the club many people in what they consider not correct attire. It doesnt take a rocket scientist to know the answer to this...

Liverpool Vs AC Milan - Champions League Final Replay - Yeahhhh!!

The power of my mighty Liverpool will be playing AC Milan in the European Champions League Final in what is a replay of the amazing 2005 final.

Poor poor Man United, to all my friends and relatives who support them, its funny how you guys are awfully quiet today?? Hehe

The mighty reds, legends of Europe!