WHERE I WOULD INVEST $10k
$10,000 … one shot … or maybe two. Buy media stocks. Why? Because expected changes to media ownership laws are going to see a rush by big media companies to buy up smaller rivals. Some of the companies in play: Fairfax Media, Prime Media and Southern Cross Austereo are foremost among them. The other benefit is that the sector, finally, is seeing an uptick from the overall improvement in the economy, notwithstanding the continued weakness in the retail sector, which generates a big chunk of the advertising dollars.