Recent content by Oynas

This is why I never use debit cards and always use credit cards.

Working in the public service, I see many creative types, and they are such ******s. They have no technical skills and all decisions they make end up failing because they think high level and ignore the detail. They talk about their creativity as if it were a status symbol that makes them...

I received a letter from a company claiming that there is an entitlement payable to me of $128.74 and for me to claim it I need to provide personal documents. I am worried about potential identify theft. How can I check if it is legit or not?

My financial adviser is recommending to me that I ramp up my income protection insurance in my super fund. As superannuation is compulsory for everyone and I am sure that many people here have super funds that have income protection insurance inbuilt into it, I am wondering what level of...

1st Home Owner, personally I don't think it's a good idea to go around telling other people how to spend their money. I have been there and done that. You should let people do what they want to do because different people have different values. Personally I wouldn't get married and have children...

Commonsense would say to reduce debt you pay it off. To pay it off you need spare cash. To get spare cash you need to either increase income or reduce spending (or preferably both). If this guy earn a lot then it's not a problem if he has high debt. High debt is not a problem if you can afford it.

Many people say that the banks must lift their variable mortgage rates in line with the RBA's cash rate. But why? The cash rate is the rate at which banks lend to each other overnight. The variable mortgage rate is the rate at which banks lend to those borrowing to buy homes. Home lending can...

Hi guys. Thanks for the help. One solution I am trying is by taping my mouth shut at night using 3M Micropore surgical tape, which I purchased from the pharmacist. The problem with this solution is that I am worried that the tape might cause embarrassing discolouration on my lips...

Real estate is the best investment ever. Interest rates now are around 6 per cent. You borrow 6 per cent from the bank. Real estate must go up greater than 6% otherwise investing in real estate would not be profitable. Let's say real estate goes up by 7 per cent and adding rental income you get...

Whenever I sleep, I breathe with my mouth open. I was told that this is not good for you. Apparently breathing through your mouth gives you a hunchback. Does anyone have any advice on how I can stop mouth breathing?

Going back centuries, both gold and real estate seem to be very poor investments, although after the 1970s both have done well. Source: http://images.verifiable.com Source: http://www.dinkumdemocrats.com/ Stock market (DJIA at least) seems to have done very well throughout the last...

Soros actually purchased a lot of gold in spite of his comments that gold is the ultimate bubble. See http://news.bbc.co.uk/2/hi/8521680.stm Just because something is bubbling, it doesn't mean you should sell. Soros once said, "When I see a bubble, I buy it."

I read something in The Age with a similar theme. Some woman in St Albans is a property mogul, owning a few properties in America. She buys each one for about $30,000 or so. In fact, here's the article...

I am a young guy aspiring to buy an investment property and I am saving up for a deposit using term deposits and I am told that you need 10% for a deposit but the problem is that property prices keep going up and my savings cannot keep up. Keeping the money in term deposits is obviously not a...

Many people I talk to say that they don't like it when their super fund invests in stocks because stocks are risky. They prefer to be invested in residential real estate because Australian property always goes up and is risk free. I know that it is possible to invest in residential real...