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Never miss an opportunity

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By Michael O’Connor

In the stock market you hear endless tales of missed opportunities from investors who are still mourning their unrealised fortunes.

Guilt-ridden investors recount how much they would be worth if they had just made that one mythical investment.

My theory: The same people who regal these self-proclaimed horror stories to anyone who has the misfortune of being within earshot are most likely the same individuals who will continue to miss every future opportunity.

Hypothetically talking about what you would have done is fantasy and has zero correlation with actual investing. The most important element to investing is simply taking action. If you can’t clear this first hurdle, your story is redundant.

It’s much easier not to put your chips on the table and then hide behind what you said you would have done after the fact. Hindsight is 2020. It takes an entirely different level of resolve to realise the inherent risk of the market and then offer up your hard-earned money without the certainty of future reward. While the probability of a positive outcome is in your favour, the possibility of future loss is ever-present.

Now don’t get me wrong, we all have a few of these stories. As someone who watches stock movements for a living, I am hyper-aware of the amount of opportunities I have missed. The numbers mock me on a daily basis. Fortunately, one realisation you are destined to have after missing hundreds of opportunities is, opportunities are everywhere.

The stock market is a smorgasbord of opportunities, some more obvious than others, but opportunities are always there for those who are willing to look hard enough. With that said, opportunity, by nature, does not statistically fall into someone’s lap. Opportunity most often strikes those who are actively looking. In the investing world, fortune favours the prepared.

So instead of spending all your time daydreaming about what-if investments, put a plan in place so you can take advantage of the inevitable future opportunities as they arise.

Next week, I will provide some pointers on how to build your investment plan to ensure you are prepared to strike while the iron is hot.

For more investment tips visit www.theislandinvestor.com.

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Killarney girl has an important part to play in Rose Festival

By Michelle Crean A little Killarney girl has had her dreams come true after being selected as a Rose Bud in this year’s Rose of Tralee International Festival. Chloe Nott […]

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By Michelle Crean

A little Killarney girl has had her dreams come true after being selected as a Rose Bud in this year’s Rose of Tralee International Festival.

Chloe Nott (7) from Fossa was thrilled to find out that she has been paired with Arizona Rose Sophie Owen.

She’s now super excited as the Festival kicks off tonight (Friday) and is looking forward to being part of the big parades which attract thousands to the streets of Tralee tomorrow (Saturday) and again on Sunday.

“We found out about three weeks ago, she was picked from hundreds from all around the country,” Chloe’s mom Gemma told the Killarney Advertiser.

Last Saturday the Rose Buds came together for the first time in the Meadowlands Hotel in Tralee where they met the Kerry Rose Édaein O’Connell and received their sashes.

Tonight (Friday) they’ll enjoy a party in the Meadowlands and have a busy weekend meeting and greeting people when they take part in the Festival’s activities including a trip to the Kingdom Greyhound Stadium.

“I’m so excited to meet my Arizona Rose,” Chloe, who is going into Second Class in Fossa National School, said.

Gemma and her husband Eric and son Luke (9) went to Reidys in Killarney to tell Chloe the exciting news.

“My mom gave me a rose and told me I was a Rose Bud. After she told me I was bursting with excitement.”

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Killarney Races celebrates 200 years

Killarney Races celebrated 200 years of racing yesterday during the opening day of AugustFest, an exciting three-day summer horse-racing festival that will run until tomorrow (Saturday) inclusive. Kerry Senior Football Captain […]

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Killarney Races celebrated 200 years of racing yesterday during the opening day of AugustFest, an exciting three-day summer horse-racing festival that will run until tomorrow (Saturday) inclusive.

Kerry Senior Football Captain Sean O’Shea, with a host of fellow teammates and back-room staff, escorted Sam Maguire to the racecourse arriving by jaunting cart to take part in the bi-centenary celebrations.

Racegoers of all ages were thrilled to get up close with the Sam Maguire Cup and our fantastic Kerry football legends.

AugustFest at Killarney Races offers patrons great racing, history, socialising, entertainment and so much more at Ireland’s most scenic racecourse. A special bi-centenary admission package was available on the opening day offering patrons admission, a racecard and a €5 free bet all for €20 which went down a treat with punters. With many bringing their jerseys and cameras along to make the most of the double celebrations at the Kerry track.

The first race at Killarney Racecourse was recorded in 1822. In the early days, the meetings were supported by Lord Clanmorris and the Earl of Kenmare, the feature race being the Kenmare Stakes from 1826 to 1830. The current racing venue located at Ross Road held its first race meeting on 20 July 1936 and Ontario was the first ever winner at the track, winning the 1½ mile handicap hurdle, in the hands of jockey Willie O’ Grady.

During the August racing festival, a special commemorative marquee featuring a wonderful collection of memorabilia and photographs from the last 200 years is open to all in attendance for the duration of the festival.

“We celebrated a major milestone here at Killarney Races, two hundred years of racing in Killarney which is amazing,” Killarney Racecourse Chairman, Gerard Coughlan said.

“I would like to take this opportunity to encourage all locals and visitors to Killarney to come along and be part of the 200 year celebrations during AugustFest!

With two more fantastic days of racing in store and lots of ticket levels and packages including food and beverage options to choose from, whether it is close to the action general admission tickets or silver service fine dining, there is something for everyone at Killarney Races. Live music, fashion, and fun for all the family complement the best of summer racing at the track this August.

Patrons are advised to book online and come along early to enjoy the stunning views, facilities, delicious food, live music on the lawn and soak up the boutique festival atmosphere for which Killarney Races is famous.

Adult tickets and packages are available from €20 and children under 14 go free ensuring a great day out for all the family. For those who love a deal, the punter’s pack is a great value-added option and if you want to live it up check out the Maurice O’Donoghue Suite and Panoramic Restaurant options. For all ticket details and festival programme information visit killarneyraces.com.

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