There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month.
Each Saturday morning I like to share some of the ones I’ve read during the week.
Monday will be here before you know it, so enjoy for some weekend reading…and please forward to your friends by clicking the social link buttons.
Chinese Investors Offered No Deposit Loans For Australian Property
Loans carrying interest rates usually associated with credit cards are being given to Chinese Investors, reports Your Investment Property.
According to reports in the Australian Financial Review, Chinese insurance company Ping An Insurance is offering investors no deposit home loans with interest rates of more than 10%.
The loans from Ping An would cover 30% of the purchase price of a home in Australia and would carry an interest rate of 14%.
“You can walk into one of our seminars without a dollar in your pocket and still buy an Australian property,” Austpac manager Eddie Yuen told the AFR.
While the interest rate may seem high, Yuen told the AFR it is lower than what many people pay for personal loans in mainland China, where rates can be as high as 16%.
While loan arrangements such as these may seem extreme compared to Australian lending practices, it may just be a case of firms cashing in on the demand for Australian real estate among Chinese investors, which is growing.
See the full article here.
Where do investors go wrong? | Learn the truth about the Australian property market | Developing investment plans | Deals vs. market conditions | Depreciation on a cosmetic renovation | 8 key questions most sellers don’t ask agents
Another great Real Estate Talk show produced by Kevin Turner.
In this show:
- Nhan Nguyen, tells us how to structure offers to suit the market conditions and when to do quick or long settlements.
- Michael Yardney tells us the two things 90% of investors fail to do and as a consequence do not maximise the potential of their portfolio.
- Simon Pressley from Brisbane based Propertyology replies to last weeks interview with Shane Oliver from AMP.
- Ben Kingsley shares with us the process he takes potential investors through when he is designing their portfolio.
- In the book Real Estate Matchmaker Tim Eaton sets about explaining the 8 key questions most sellers don’t ask agents.
If you don’t already subscribe to this excellent weekly Internet based radio show do so now by clicking here.
6 Tips to Create a Balanced Life
We are constantly trying to move forward with our purpose, to achieve our goals, all the while trying to keep in balance the various elements of our lives.
Here’s how to balance it all out:
1. Assess your life as it is now – Looking at ourselves as we really are is the first step in restructuring our lives.
2. Make a conscious decision to become balanced – Choosing reality as our basis of decision is the second step to becoming balanced.
3. And make that decision on a minute-to-minute schedule – Renewing our decisions on a daily, minute-to-minute basis allows us to ease into change, instead of expecting things to change overnight.
4. Set goals in every area of your life – Set realistic goals in all areas of your life to assist yourself in remembering that your ultimate goal is balance.
Your goals should cover: Your relationships, your physical being, your spiritual alignment, your mental development, your job and your finances.
5.Be willing to take the risk – Being willing to assess ourselves and take the risk to change will not only enhance our lives, but you will feel more energy and an expanded awareness of what life is all about.
6. Make time to reassess yourself on a daily basis – None of us can really know how well we are doing with change in our lives unless we are willing to reassess our position.
See the full article here.
Pete Wargent takes a brief look at Australia’s Consumer Confidence in a recent blog.
ANZ-Roy Morgan consumer confidence was little unchanged this week rising by 0.1 per cent to 113.4, now sitting a little above its average level since 1990 of 112.7.
The potential for a slightly higher mortgage repayment may have hit something of a nerve with households, but overall confidence seems to have consolidated at just above its long run average.
The Roy Morgan release is here.
The Amount of Sleep We REALLY Need
Modern thinking about how much sleep you should get questioned by new study writes Psyblog.
Has modern life really reduced our sleep to less than our ancestors used to get?
In fact the sleep habits of ancient hunter-gatherer societies were little different to our own, a new study finds.
They probably slept 6.5 hours a night, didn’t take any naps or go to bed at sunset.
Dr Jerome Siegel, one of the study’s authors, said:
“The short sleep in these populations challenges the belief that sleep has been greatly reduced in the modern world.
This has important implications for the idea that we need to take sleeping pills because sleep has been reduced from its ‘natural level’ by the widespread use of electricity, TV, the Internet, and so on.”
To reach these conclusions researchers examined three traditional hunter-gatherer societies: the Hadza of Tanzania, the San of Namibia, and the Tsimane of Bolivia.
Read the full article here.
Weekend video: 7 Clever TRICKS To Remember Names
No more forgetting names one second after hearing them!