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Volunteers brave dangerous conditions to rescue nine climbers

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By Michelle Crean

Rescue volunteers are warning the public to stay away from the mountains due to current icy and dangerous conditions - after nine people had to be rescued yesterday (Tuesday).

Kerry Mountain Rescue Team (KMRT) volunteers, tasked at 1pm to assist a male walker who had become crag fast in icy conditions on the Devil’s Ladder Carrauntoohil, found themselves in the midst of an even bigger rescue operation - as three other groups sought help to descend the mountain.

"While a number of team members on the hill made their way to the casualty’s location, another party of three got into difficulty in the same location," Colm Burke PRO with KMRT said.

"Team members roped the casualties and lowered them to easier ground. A further two parties were subsequently lowered from the same location amounting to a total of nine persons in all requiring assistance."

SAFETY

"The team would like to remind people that current conditions in the Reeks are very serious and any route, including traditional walking routes, should only be attempted by those with prior winter mountaineering experience and the appropriate winter climbing equipment including axes and crampons. As we are unfortunately in the early throes of another Level 5 lockdown with cases of COVID-19 at record levels, Kerry Mountain Rescue Team would like to reiterate our previous lockdown stance in relation to the virus. This is a necessary reminder in order to protect our members and their families as well as the casualties themselves."

He added that if you call 999 and ask for Mountain Rescue, they will do what they can, however...

- If you are uninjured, lost or benighted, you will be asked to consider waiting until morning, and/or better visibility to extricate yourself.
- If you are injured but able to walk comfortably you will be asked to consider extricating yourself from the mountain.
- If you are seriously injured, and/or not physically able to get yourself off the hill, we will attend with the absolute minimum of team members needed to complete the task. Because of this, the evacuation will be less straightforward and the overall time to transport you to medical attention will be much longer.

"Helicopter support will only be requested if a time critical injury is sustained, but this is not a guarantee of availability as helicopter operations in the mountains are complex and limited by weather, light conditions etc."

Kerry Mountain Rescue are asking all hill-goers to be considerate of the resources of the Emergency Services at this time by avoiding high mountain terrain such as the McGillycuddy’s Reeks, sticking to lowland paths and walkways while strictly observing social distancing principles and the 5km travel restrictions recently re-imposed by the Government.

"Given the current wintry conditions on the hills in Kerry, and recent observations by team members of extremely ill-equipped parties, we would also like to remind people who are considering venturing into the hills at this time to ensure they are properly equipped (including ice axe and crampons), have sufficient winter mountaineering experience and are complying with Government guidance on travel restrictions."

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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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Ballyspillane staff open up mental health conversation

By Michelle Crean “Hello, How Are You?” that’s the question staff at Ballyspillane Community Centre will be asking next week as part of a new campaign. It’s all in partnership […]

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By Michelle Crean

“Hello, How Are You?” that’s the question staff at Ballyspillane Community Centre will be asking next week as part of a new campaign.

It’s all in partnership with Mental Health Ireland (MHI) and the centre will host an information/coffee morning on Thursday next (March 30) at 12.30pm at their centre and all are welcome to attend.

The campaign initiated by MHI identifies the need for positive engagement and connections with the people around us.

It asks people to engage in open conversations about mental health and prompts us all to ask the question “How Are You?”

The word HELLO is a useful acronym to guide everyone through such conversations, H: Hello, E: Engage positively with the person, L: Listen actively, L: Learn about the person and O: seek options to assist the person if required.

“We all need a listening and compassionate ear sometimes to get us through some challenges in our lives and I think the pandemic has opened a new way of looking at the world, where we can all recognise the challenges that people experience more readily,” Derek O’Leary, Manager of Ballyspillane Community & Family Resource Centre, said.

“Our team here are in the business of supporting families and individuals across the Killarney area and beyond and see the challenges that people face first hand. We also see the positive impact that a caring person can have in such circumstances and this campaign that encourages positive engagement, regarding mental health is a great reminder to us all, the role we can play is assisting others who are struggling.”

Ballyspillane Community & Family Resource Centre provide a suite of support and intervention services including family supports, social prescribing/community connection services and physiotherapeutic services across the Killarney municipal area and beyond.

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