A week of wealth - September 21 2009
The Federal Government’s announcement last week that Telstra could be split up has thrown a spanner in the works for many.
Forget about competition, level playing fields, or price changes.
Since the announcement there has not been a clear divide as to whether analysts and investors believe it is a good or a bad thing.
Mum and Dad investors are left wondering what the future of their shares will hold – and most never saw the change coming.
Experts are being put to the test too – the stock dipped 5% on the day of the announcement and then bounced straight back soon afterwards.
Most parties are still unclear what will happen next and are questioning whether they should bury their heads in the sand and hope for the best or attempt to read the upcoming market trends.
What is demonstrated though is the opportunity for both short-term profits and long-terms gains if you are able to read the market correctly.
There is no doubt every company – telecommunications based or otherwise – is looking to constantly improve its performance.
The problem is that there is no ten-point plan to ensure success.
No matter what your interpretation is of the Telstra issue, remember to keep your head up and your eyes open – there are always new opportunities out there.
