Mark Lewis's Blog

News, Views & Opinions In The World Of Finance

June 30, 2010 • 12:54 am 3

Doing The Kokoda Trail

On the 4th October 2007, myself and around 50 other intrepid trekkers set off from Australia to Papua New Guinea to walk the Kokoda Trail where, in 1942, at the height of World War Two, the spirit and determination of our brave Australian soldiers bravely fought and eventually defeated a far superior Japanese Invasion Force whose aim was to take Port Moresby and use that as a staging base for a full scale invasion of Australia.   The Kokoda Trail is rated as the third toughest trek in the world and is the same as going from sea level to the top of Mt Kosciusko (check spelling) and back three times. Read the rest of this entry »

Filed under: General Stuff, , , , , ,

June 21, 2010 • 5:05 pm 0

Warning On Home Loans

Prominent Adelaide mortgage broker and Executive Chairman of Bernie Lewis Group, Mark Lewis has warned home buyers and existing mortgage holders to search extensively for the right home loan for their circumstances. Read the rest of this entry »

Filed under: Finance Tips, Home Loans & Mortgages, , , , , , ,

June 18, 2010 • 1:32 pm 0

Where Can The Average Home Buyer Afford To Purchase?

Housing affordability remains an issue however, there are still options for the price sensitive purchaser… they just need to target areas further away from the CBD. Read the rest of this entry »

Filed under: General Stuff, Home Loans & Mortgages, , , ,

June 9, 2010 • 11:01 pm 0

Refinance With Caution

With the recent rises in interest rates as well as general cost of living increases, many households are finding it difficult to balance the family budget.   This makes it very tempting to refinance the home loan and possibly consolidate other, usually unsecured, debt into one loan with one monthly payment.   For some, this can be a good strategy but there are some very important things to consider before launching into it. Read the rest of this entry »

Filed under: Budgeting, Finance Tips, Home Loans & Mortgages, , , , ,

June 7, 2010 • 11:59 pm 1

Property Investment Rules

In Australia, well located properties, ie capital cities and major regional centres, tend to have good prospects for capital growth but poor cashflow.   For example, the rental return on investment properties in capital cities tends to be around 4%, although this is improving as the rental vacancy rate hovers at all time lows causing a steady increase in rental returns.   Conversely, properties offering good cashflow tend to have poor prospects for capital growth. Read the rest of this entry »

Filed under: Finance Tips, General Stuff, Home Loans & Mortgages, , , , ,

June 7, 2010 • 7:40 pm 0

Interest Rates Expected to Remain Stable

The RBA Governor, Glenn Stevens is expected to keep interest rates steady at 4.5% for the near term.

After six consecutive rate rises the RBA paused and took breath in June and held rates steady.

Official housing finance data for April is due to be released this week and is expected to show a 2% drop.   This follows a 3.4% drop in March.

Consumer confidence plummeted 7% in May according to recent Westpac-Melbourne Institute data and is expected to drop further in June.

Filed under: Australian Economy, Home Loans & Mortgages, , ,

June 7, 2010 • 11:42 am 0

Successful People

Here are 10 of the most common traits of successful people Read the rest of this entry »

Filed under: General Stuff, ,

June 6, 2010 • 9:00 pm 0

Invest Now to Build For The Future

Most people borrow money at least once in their life to purchase a car, house or to invest in property or shares. Borrowing money to purchase growth assets – or even better growth assets that will continue to produce an income – is considered “good debt”. Good debt, such as an investment property, has the ability to increase your wealth over time and help you create a financially secure future.   Read the rest of this entry »

Filed under: Finance Tips, Home Loans & Mortgages, , ,

June 6, 2010 • 8:47 pm 0

Refinancing

With the recent rises in interest rates as well as general cost of living increases, many households are finding it difficult to balance the family budget.   This makes it very tempting to refinance the home loan and possibly consolidate other, usually unsecured, debt into one loan with one monthly payment.   For some, this can be a good strategy but there are some very important things to consider before launching into it. Read the rest of this entry »

Filed under: Budgeting, Finance Tips, Home Loans & Mortgages, , , ,

June 6, 2010 • 1:09 am 0

Well Done Sam Stosur

Just finished watching the final of the French Open. Sam played well but not quite good enough on the day. Well done Sam…..you did all Aussies proud.

Maybe this is the incentive that Tennis Australia needs to start supporting up and coming juniors and get Aussie players dominating tennis again, just like the good old days.

Filed under: Uncategorized, , , ,

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© Mark Lewis and Mark Lewis's Blog, 2010. Unauthorized use and/or duplication of this material without express and written permission from this blog’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Mark Lewis and Mark Lewis's Blog with appropriate and specific direction to the original content.

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