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Wednesday, 31st January 2018

John Smiles

Qualified Financial Advisor

Simple rules for better investing

The fund industry has grown massively in the last 25 years. It has changed to be a better-run, more professional, and lower-cost business. Here are some key lessons for investors:

Build a plan and stick to it. Build from the core out. Make sure most of your money and attention goes to core equity and fixed-income funds.

Keep costs low, but evaluate whether some services, like financial or tax advice are worth paying the price for if you don’t have the time or investing acumen to do it yourself.

Choose funds that are good bets for five years from now because they have depth of managers and analysts, low costs, and strong stewardship to keep them on the right path.

When monitoring your funds, pay more attention to the manager, the analysts, and the fund company behind

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Wednesday, 31st January 2018

Purcell Properties recently brought to the market No. 33 Morrison’s Avenue, located immediate to various primary and secondary schools, bus routes and within walking distance of the city centre.

No. 33 Morrison’s Avenue is an attractive two bedroomed mid terrace property comprising entrance hall, large open plan living/dining room, kitchen, shower room and utility on ground floor with two large bedrooms at first floor.

This attractive property affords low maintenance rear garden and on street parking.

In a comment Conor Purcell of Purcell Properties stated "No. 33 Morrison’s Avenue is an attractive, well positioned property, for sale at a guide price of €119,950. We have already received strong interest"

Further information to arrange a viewing contact Conor on 086 3858129.

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Wednesday, 31st January 2018

homeowners anywhere between €1,200 and €3,600 a year

Experts at MyMortgages.ie, one of Ireland’s leading mortgage brokers, have reported a flurry of activity in the mortgage switcher market since the beginning of the year. The brokers forecast the switcher market alone will experience double digit growth in the first 6 months of the year, as an increasing number of mortgage holders learn of the money saving option.

Figures from MyMortgages.ie have revealed that on "average" mortgages throughout the country anywhere between €40,000 and €100,000 could be saved by moving to another lender.

Joey Sheahan, Head of Credit at MyMortgages.ie believes a number of factors that have led to the influx in enquires they have experienced in the last 2 weeks, "We have experienced a 3-fold increase in the volume of enquiries received since January 2nd from mortgage holders all over the country wondering

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Wednesday, 24th January 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group

“Round and round and round we go!”

It’s official, Waterford City now has one of the largest “Roundish-squarish-abouts” in the county and probably the South East. The urban regeneration plans/works are in full swing and there are new road layouts springing up everywhere. Though we need not be surprised by this, as there was ample consultation and lots of opportunities to feed into the process, from as far back as 2015 (I think!).

I have to admit, that I’ve not had the occasion to try the new route, at “Rush-hour”, around the College Street, Bath Street, Manor Street, Railway Square loop. However, having been up and down on several occasions, it appears to be working well. The surface is a pleasure to drive on and don’t the new white shiny road markings look the business?

“Surprise, Surprise”, there were

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Wednesday, 24th January 2018

John Smiles

Qualified Financial Advisor

Has volatility in stock markets gone away?

Volatility is the rate at which the price of a security increases or decreases. If the prices of a security fluctuate rapidly in a short time span, it is termed to have high volatility. If they fluctuate slowly in a longer time span, it is termed to have low volatility.

2017 was a year of record low volatility; the lowest year since 2005 and a year that returned healthy growth in stock markets. Following the lows of 2005, stock markets continued to grow for another 18 months, so more growth in current markets is not impossible. However, there is a danger now that investors might become complacent and be lulled into a false sense of security. Markets are always dangerous when making money sounds easy.

Many analysts expect volatility to pick up this

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Wednesday, 24th January 2018

For sale with Sherry FitzGerald John Rohan is 8/9 Brown St, Portlaw. This is a well located property in a mature residential area within the village being sold in either one or two lots.

Presently this is a two storey terraced property comprising of a house with entrance hall, living room, dining room, shower room, bathroom, kitchen and 3 bedrooms c 100 sq m, plus an adjoining shop c 50 sq m.

The property has planning permission (Waterford Council planning number 17/132) to convert the property into two residential units. On completion of works, the properties would comprise of the following:-

8 Brown St (presently a house) Ground Floor: entrance hall, living room, dining room, shower room, kitchen. First Floor: bedroom 1, bathroom.

9 Brown St (presently the ground floor of this is a vacant shop) First Floor: 2 bedrooms. Plans are available on

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Wednesday, 17th January 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group

"Happy Burns Night!”

If you haven't guessed it yet, I am very proud of my Scottish roots. I am Waterford's token Scot, wheeled out on the odd occasion, to give my views and opinions on WLR and all manner of topics. Never a "Flowery” answer from this Garland!

Annually, on the 25th January, we kilt wearing loons (Aberdonian for boys), celebrate the life of one of Scotland's greatest exports. Robert Burns Esquire, Scotland's National Bard. He was and still is our people's champion. Rabbie, as we refer to him, was born in the year of our Lord 1759 in Alloway, Ayrshire, his father a very, very poor tenant farmer. He grew up to become immeasurably famous and revered, for his creative poetry and verse. He would articulate a social commentary, on the injustices of life in Scotland, in

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Wednesday, 17th January 2018

John Smiles

Qualified Financial Advisor

What do Private Equity Funds do?

Private Equity [PE] firms raise money from wealthy individuals, pension funds and insurance companies. They source deals to acquire companies, perform the required due diligence and use the money raised, to close those deals.

The new PE equity investor will usually have specialist knowledge of particular sectors. Using that expertise, they seek to improve the acquired companies' operations; cut costs and tighten up the management structures. Once they have carried out these tasks, they seek to sell individual companies to make a profit for their investors.

Private equity firms target companies for takeover based on a variety of metrics such as the type of products produced; the company's marketing strategy; the quality or otherwise of senior management; the sector the business operates within; its financial performance and valuation and potential exit strategies.

Many prospective target

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Wednesday, 17th January 2018

The price of the average three-bed semi in Waterford City rose by 8.3% to €195,000 in the last 12 months, according to a national survey carried out by Real Estate Alliance.

And after prices increased by 2.6% between September and December 2017, local agents are predicting that property values will rise by 7.5% in the coming year.

Three-bed semis in Waterford County experienced a 3% increase in 2017, with the average price now €170,000, and agents predicting a 5% increase in 2018.

"The attraction of the 'Help To Buy' grant and the higher energy rating in new homes is attractive to first-time buyers and may slow the increase in values of second hand semi-detached houses in 2018,” according to Des O'Shea of REA O'Shea O'Toole in Waterford City.

"It is evident that the cash buyer is now a diminishing factor. The vast majority of

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Wednesday, 10th January 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group

"Forget New Year Resolutions, maybe we need a Revolution?"

"I don’t believe it!" We’re not even two weeks into the New Year and already there are Cream Eggs in many of the larger supermarkets. The shelves are beginning to fill and bulge, with all manner of chocolate gooey ovalness. With the annual Halloween "Trick or

Treating", has now merged, seamlessly, into baubles and tinsel, New Year and Easter appear to be rolling together as well. Soon there will be absolutely NO separation between our seasonal festivities and that’s a shame. Our year will be truncated by one big commercial temptation, with no time to rejoice or rest, for that matter.

I was asked the other day, whilst on the Friday Panel of Eamon Keane’s Déise Today programme, if I’ve made any New Year resolutions? I told Eamon and his

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Letters to the Editor

  • OUR VIEW

    No Gun ControlAs much as you might sympathize with the students and families of those who were at the center of one of the worst high school shootings in Florida last week, you easily get the impression that their deaths were all for naught. There is absolutely no way, following the 17 deaths at this shooting, that the law makers in America will bring in legislation that will see the curbing of gun use and gun ownership in that country. It is just not the American way.In actual fact if past histor …

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