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Essential water upgrade works at Deerpark

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By Michelle Crean

Home and business owners in the Deerpark area can expect water disruption works over the next few days.

Uisce Éireann, working in partnership with Kerry County Council, will carry out essential water main upgrade works to safeguard the local water supply.

The works are scheduled to take place tomorrow (Wednesday) from 7pm until 10am, and on Thursday, (February 16).

During the works, customers in Killarney town, specifically along Fairhill Park Road, St Brendan’s Place, Daltons Avenue, Marian Terrace, Bishop Moynihan’s Crescent, O’Kelly’s Villas, O’Sullivan’s Place, Sunnyhill Upper, Sunnyhill Lower, O’Sullivan’s Place, Mangerton View, Rock Road, Oakwood Retirement Village, New Road, Port Road, St Margaret’s Road, Millwood, Coolegrean Park, High Street, Msgr O’Flaherty Road, St Mary’s Road, Friary Downs, Friary Court, Burr Ridge, Ardshanvooly, Sáil Árdán, Dennehy’s Bohereen, Park Road and surrounding areas, may experience temporary low pressure and/or water outages.

Crews will make every effort to minimise the disruption to impacted customers and will work to complete these works as quickly and as safely as possible. It typically takes two to three hours following restoration time for the network to refill and normal water supply to fully return.

These works are being carried out as part of Uisce Éireann’s national Leakage Reduction Programme. The works, which are near completion at Deerpark, involve the replacement of approximately 1,200 metres of old trunk water mains with new modern pipes. Replacing these aged trunk water mains will reduce the drinking water lost by leakage and will bring an all-round improvement to water quality for the community.

The Uisce Éireann customer care helpline is open 24/7 on 1800 278 278 and customers can also contact us on Twitter @IWCare with any queries.

Updates can be found on the Uisce Éireann Supply and Service map by entering the following reference number in the search bar on water.ie: KER00059005.

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Killarney to feature on TG4’s Country Music show

By Sean Moriarty A song about Killarney – once made famous by local Country Music hero Dermot Moriarty – will feature on TG4 tomorrow night (Tuesday). The second series of […]

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By Sean Moriarty

A song about Killarney – once made famous by local Country Music hero Dermot Moriarty – will feature on TG4 tomorrow night (Tuesday).

The second series of the Irish channel’s County Music show ‘Viva Ceol Tire’, which highlights emerging Country Music talent in Ireland, airs every Tuesday night at 9.30pm.

The next programme will feature Donegal singer David James’ version of ‘Oh Killarney’.

The programme was filmed entirely on location in Killarney including Torc Waterfall, Ladies View Moll’s Gap and Kate Kearney’s Cottage.

“The song was written by Dennis Allen. However, it was a hit for Dermot Moriarty in the 1980s. The first time I heard it I loved it and I was thrilled with the reaction my version has got,” James, who is from the small village of Killean in Donegal, told the Killarney Advertiser.

“It’s pretty rural but I love it. I’ll be in Country Music 10 years this May. My first gig was in the local GAA hall for my aunt’s 50th birthday. I was 14 and I’ve been at it ever since.”

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Five questions to ask yourself before buying a stock

By Michael O’Connor, theislandinvestor.com When it comes to investing, nothing is certain. There are no perfect stocks to buy because there’s no way of predicting the future with 100% accuracy. […]

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By Michael O’Connor, theislandinvestor.com

When it comes to investing, nothing is certain.

There are no perfect stocks to buy because there’s no way of predicting the future with 100% accuracy.

The truth is, investing is hard, and building a portfolio of top stocks that beat the market is something that even financial professionals have trouble doing consistently.

For most people, investing in index funds is the perfect hands-off approach, providing broad exposure to the stock market at a very low fee. Even my own personal portfolio is made up of roughly 70% ETFs despite the fact I invest in the market for a living.

But I believe some stock picking is a good strategy for many hands-on people.

Taking a small portion of your overall portfolio and diligently selecting a small number of companies to invest in gives you an opportunity to learn about the investing process and fully understand the businesses you are investing in, which helps to build conviction in your positions.

From a psychological standpoint “collector’s instinct” kicks in, enabling people to participate and invest more money over time.

Lastly, for Irish investors, there are tax benefits to consider. If you invest in individual stocks, you are taxed at the CGT rate of 33%, and the first €1,270 of your gains are exempt from CGT each year. When investing in index funds or ETFs, you are taxed at the exit tax rate of 41% with no annual exemption.

For those interested in picking individual stocks, here are five questions you should ask yourself before investing in any company.

Do I understand the business?

Too many people invest in businesses they don’t understand because it ‘sounds good’. If you have no idea how the company works, you won’t have the conviction needed to hold onto the stock when an inevitable downturn comes.

Can the balance sheet withstand severe, temporary adversity?

This seems obvious, but so many people invest in companies without understanding how much money a company holds and who they owe money to. Economic cycles are guaranteed. You must ensure that the company has enough cash-on-hand to avoid becoming obsolete when activity slows.

Will the company benefit from long-term trends?

Make sure the company will remain relevant into the future. If the stock is cheap now, it may be cheap for a reason.

Is the company enjoying profitable growth?

Not growth at all costs, but a combination of sustainable growth and value. All this information can be found online at sites like stratosphere.io.

What are the risk factors?

Is the company trying something new and untested? If yes, who are its competitors and how successful are they? If other players are more established, this company may have a tough time breaking into the market.

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