Weight / Fat loss

Since this is the internet I'll give you some unsolicited advice. If you are doing weights for the first time ever/in a while start with a beginners program. Beginners programs tend to use the biggest compound movements like squat and deadlift to build general strength before you start to either target muscle groups like you are. If you are a novice this is where how you'll gain the quickest. The plan should help you not overtrain. Look at starting strength wiki for a program.

That looks interesting thanks. However this link had more information;

http://startingstrength.wikia.com/wiki/The_Starting_Strength_Novice/Beginner_Programs

What gains would I have doing something like that over what I'm currently doing?