Sunday, May 31, 2009

Ab'ha dreams.

Time alone puts things in perspective.

I get to see my devils, and my guilt at play... Therapy at its finest.

I thought I had troubles with marraige, listen to this guy.

Awww... He says what alot of guys think. Though I disagree with him on some points on marriage, hes ignoring social status and putting it on the backburner.

Social status will exist regardless of what you do. You cannot ignore it, you must work around it.

Friday, May 22, 2009

Other things.

This deserved a post of its own.

Education first, marriage second. Simple enough rule because priorities must be set straight on this one. Im not talking about getting educated for the sake of marriage, which is a damning prospect for society as whole.

While not a statistical measure by any means, I had a friend in AUS take a class that was filled with local girls. My friend is a local as well but doesnt look like one so he witnesses an intresting situation in the class which im relating to you in this blog. The teacher asks the local girls in particular why they were studying, and one girl says in no uncertain terms that she was doing it solely to get married. The teacher, taken aback, asks how many shared this opinion... And with the exception of one girl, they all raised their hands.

Now I just related the gist of an intresting social experiment in a university class, but apply that answer to the "real world", (dont you just love that phrase?)

I ask anyone who reads this blog, ALL 3 of you, to pass this message on as best you can.

Education, work, and any other noble deed should be for their own sakes. Not for that hot guy around the corner, not for dad's mercedes: It should be because you can make a difference.

Marriage UAE style.

"my way or the highway"

That sums up the bulk of what Im seeing in UAE marriages. Ive talked about this countless times, especially when I first started up this blog, but now its getting more relevant.
Some people think I have what it takes to get married.

Or do I?

Marriage here in the UAE is a social affair on a few levels. If you were working, you almost always invite your colleagues, being an eastern culture, and all. But that's the thing.

Im not assimilated per se into UAE society. I like to think that I take the good, and leave out the bad mixing and matching to produce the bearded caveman that I am.

Unfortunately, as I still happily live in the UAE I have to look at the rulebook thrown at me. I have to have a house. Not an apartment, not a rental... A villa.

Then the marriage, that has to be scaled to your percieved status in society, and no family wants their daughter to look cheap. All this to save a local girl from being a spinster.

I might be painting the women with unfairly large brushstrokes, but they chose the paint. In all fairness, its really not up to the girls sometimes, but the widespread complacency with it is appaling.

I would rather build my home with my wife, than have it ready for us the second we are hitched. Id rather have my marraige a close family affair with a few extra tables than a wedding for 2500 strangers.

At the end of it all, I want to build a solid relationship built on us, and not on the empty promises of newly built house thats not a home, the stench of a new car, or the sparkle of a dress worn only once.

Sunday, May 10, 2009

Capitalism.

Well, visiting america is quite an eye opener these days. Last time I came here was pre- 911, and I was quite young.

A few things are apparent, and I wish I was more eloquent to put what Im realizing into words. The american economy despite its massive downturn, is very strange. Im here on a mini- mission for dad: looking for investments.

Im not the only one, as the business bestseller shelf in borders is piled with John Grahams classic "the intelligent investor", and "rich dad, poor dad". So some are trying to look at fundamentals ala Warren Buffet.

But strangely, Im not seeing the fundamentals shine through. Its like there is a thick haze... Blurred by advertisments, and bloated promises.

I was suggested to look at GE stocks by a guy I met in the gym, a cpa with a masters in real estate.

And I did, 10 percent dividend return. An amazing return, even if we werent in a downturn economy. Compare that to a fixed rate intrest of 10 years (I think) in the 4s at bank of america
and all goes well in my mini- mission.

Not really, a little checking, and I dont know how GE can sustain those dividends (true my calculations might be off, but still). Too risky.

But if I were to believe him, 10 percent was the be-all, end-all. I would be smooth sailing with GE. an ad.

Real estate fared no better. Haze is there too. Despite falling prices plastered on the news, the two place I visited had strangely high prices for what I was looking.

There are too many middlemen. Too much advertisment.

Not to vsay you cant find, there are some real bargains there. But the more I see, the more skeptical I am.

Inshalla Ill find something, but even if I dont it was worth looking.

and the hohos rock.

Tuesday, March 24, 2009

The state of education

Here, you will find an intresting article on education in the UAE.

Im a product of our educational system, and have argued more than once for a reform. In particular, A proper reform of our high-schools. My brother is getting carrots compared to what could be offered. Though I will concede its better than what it was in my day.

Case in point: I participated in political rallies at my school... The kind where we are all pulled out of class to burn flags.

Not my idea of a balanced education.

Wednesday, February 04, 2009

The epic hunt

I, being the genius that most have come to love, have decided the time has come. Yes, I couldnt take it anymore, my days of partying will dry up, and it would be solemn drudgery for the next few weeks, months, maybe years.

I have decided to look for a job.

And a finance degree in times of a financial crises is my ticket in.

Any takers? We shall see!

:-)

Tuesday, January 20, 2009

The crash and the response.

Ive delibiratly left off posting like a nutter on the matter of that "healthy correction" (Abaars words) that weve been having.

I was intrested in seeing the effects, both good and bad, of a market correction such as this. The older traders say its happened before in the late 70s, but yet alot of them were puring money in.

Then the gong sounded, and speculative buyers fled. Thousands of expats left. A number off the top of my head is 70000 filipinos (GNews). If we account for a population of 1.2M in Dubai, thats about 5% of our population. Thats just Filipinos.

So speculation moved. From freehold property sales, to rentals. No wonder people were running.

Then some fellow from RERA (the real estate authourity) decided that we didnt need rent caps because "2009 is a tough year".

The actions of the speculators on both our stocks and real estate markets not a lesson? Emaar is at 2.05 Dhs today.

LUCKILY, and the sole reason I am posting this is because of hope: Sheikh Mohamed issues a decree in effect saf-gaurding consumers from high rents, and RERA issues a market rent index

Oh, and Obama, the first black president of the United States was inaugrated today.

Change has come?

Monday, January 12, 2009

Gaza, and its entrails

I dont need to say anything about the atrocities there. Do what you can for them.

Its intresting that GulfNews is actively shaming the arabs. Shame that the writers wont own up it with their names.

Oh well. Give the audience what they want?