When it comes to property plenty of investors are still breaking this golden rule

first_imgPlenty of property investors are breaking the first golden rule of property when they choose what to buy.WHEN it comes to buying property new research shows plenty of investors are still breaking the golden rule.Analysis by lender ME has found plenty of investors are just relying on past performance as a guarantee of future success.In fact more than half of those investors surveyed were doing exactly that.When asked what made them most confident that they had made the right investment, 56 per cent of respondents said it was that house prices had always gone up in the past.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour agoNew apartments released at idyllic retirement community Samford Grove Presented by About 11 per cent admitted they were just following the crowed. They said with so many people buying investment properties they assumed it must be safe.Only about a third of property investors admitted they had sought expert advice or analysis of the market.ME head of home loans, Patrick Nolan, warned investors should be cautious and objective when buying.“Australia’s property market is diverse and not all properties are performing equally at any one time,’’ he said.“Your investment timeline is another important factor: the longer you’re able and prepared to remain invested the more likely you are to see growth.He said the best basis for making an investment decision was analysis and advice.last_img read more

Okpekpe Race: Ndiema Replaces Injured Habtegebrel

first_imgTop Kenya long distance and road runner Esther Chemtai Ndiema has replaced Shitane Habtegebrel in the list of elite athletes for next month’s fourth Okpekpe International 10km Road Race in Okpekpe, Edo state.Spokesman for the IAAF bronze label race, Dare Esan, said at the weekend that the Bahrainian, Habtegebrel pulled out because of injury.Habtegebrel, a silver level running athlete is injured after she has been confirmed for the race and our Elite Athletes Manager, Walter Abmayr, has promptly replaced her with the Kenyan Ndiema,” observed Esan who further revealed that Ndiema is a gold level running athlete.“This has brought the number of gold level running athletes for the race from four to five women following the confirmation of Pascalia Kipkoech, Maryane Wanjiru and Polline Wanjiku from Kenya and Ethiopia’s Buzunesh Gudeta for the race. These are all gold level running athletes,” said a delighted Esan.“It’s obvious we are organising a bronze label event with the requirements for a gold label race. This is a demonstration of our determination to improve to a silver label rating next year. This is the dream of Pamodzi Sports Marketing, organisers of the only IAAF label race in Nigeria nay West Africa and one of only two in Africa this year,” he further said.Esan also revealed that  IAAF is taking keen interest in the race which is the second of four labelled 10km races in the world this year after the IAAF Gold Label World’s Best 10K race in San Juan, Puerto Rico in February and the IAAF Gold Label Ottawa 10K race in Ottawa, Canada on May 28and IAAF Bronze Label B.A.A. 10K race in Boston, USA in June.“Since it is a label race which means it is one of the leading road races in the world, the IAAF automatically takes interest in how it is organised and we are delighted to announce that we are ready to organise a benchmark edition this year.“The world governing body for the sport has sent a list of requirements that must be followed.“The race will be organised in accordance with the IAAF Competition Rules and that of the Athletic Federation of Nigeria who are providing the technical partnership for the race with our international elite athletes manager, Abmayr.“Our race Director, Zak Amodu, will ensure that all officials and competitors are fully informed regarding IAAF Competition Rules,” Esan concluded.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Report Clinic that treated Rivers committed errors

first_imgThe New York clinic where Joan Rivers stopped breathing committed a number of errors, including failing to get her consent for all the procedures performed, according to a federal report released Monday.The report, which did not refer to her by name, found that Yorkville Endoscopy inconsistently documented the amount of the sedative propofol Rivers received before the Aug. 28 procedures, that an ENT doctor without privileges to operate at the clinic performed procedures on Rivers, and that a clinic staffer took a cellphone picture of the comic while she was sedated.The “Fashion Police” star was rushed from Yorkville Endoscopy to Manhattan’s Mount Sinai Hospital after she stopped breathing. While the report said she was resuscitated at the clinic, she did not regain consciousness after arriving at the hospital, and daughter Melissa Rivers had her taken off life support Sept. 4.The Yorkville Endoscopy medical team failed to notice Rivers’ blood-oxygen level dropping below normal in the 15 minutes or so before resuscitation attempts began, the report said.Problems surrounded the clinic’s use of the sedative. According to the report, there was no evidence the clinic weighed Rivers before sedating her, a key step to determining how much sedative a patient should receive. And it’s unclear how much propofol Rivers got. A clinic record showed she received 300 milligrams of the drug, but an anesthesiologist told investigators that the amount had been incorrectly entered and that Rivers really got only 120 milligrams.last_img read more