Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

how much interest would i get

Options
  • 26-11-2012 1:16am
    #1
    tonyheaney
    Closed Accounts Posts: 1,686 ✭✭✭


    Hi I wander if any one could honestly tell me and all jokes aside how much weekly interest would I get from this weeks 15 million euro


Comments

  • Options
    #2
    joydivision
    Banned (with Prison Access) Posts: 735 ✭✭✭joydivision


    What even makes you think 15 million would be interested in you bhoy .


  • Options
    #3
    Sky King
    Registered Users Posts: 4,431 ✭✭✭Sky King


    You'd get a fair bit. I'm already pretty interested, for example, and you haven't even won yet..


  • Options
    #4
    franktheplank
    Registered Users Posts: 1,168 ✭✭✭franktheplank


    three fiddy.


  • Options
    #5
    Doc
    Registered Users Posts: 2,670 ✭✭✭Doc


    All the Gold diggers will be after you so even if you're ugly you will get lots of interest.


  • Options
    #6
    Neewbie_noob
    Banned (with Prison Access) Posts: 543 ✭✭✭Neewbie_noob


    15 million at ca. 5% interest p.a. pay 30% DIRT then 20% on the balance so 367500 interest after tax


  • Advertisement
  • Options
    #7
    Reloc8
    Closed Accounts Posts: 2,857 ✭✭✭Reloc8


    tonyheaney wrote: »
    Hi I wander if any one could honestly tell me and all jokes aside how much weekly interest would I get from this weeks 15 million euro

    Assume 3% deposit interest although you should surely get a better rate = 15,000,000/100*3/52.

    = €8.6k per week.

    You would pay 30% of that in tax (DIRT) deducted at source.

    You would also be exposed to losses due to inflation and value exceeds guarantees on deposits if with one institution.

    Newbie Noob - what's the other 20% you're knocking off ?

    edit :- forgot levies. I would make that 4% on PRSI then USC at 10% effectively (we need not trouble ourselves with the wee bit at the lower rates) so 14% payable on the balance or in total 44% in taxes/charges from the man.


  • Options
    #8
    squod
    Closed Accounts Posts: 8,704 ✭✭✭squod


    http://www.marketoracle.co.uk/Article37713.html

    How much do you want? Hire me for bodyguarding/financial advisor/greasy chef & I'll see you right OP.


  • Options
    #9
    SafeSurfer
    Registered Users Posts: 6,421 ✭✭✭SafeSurfer


    franktheplank wrote: »
    three fiddy.


    You learn fast Frank. If there is a number followed by a ? in the OP the only possible answer is three fiddy.

    Multo autem ad rem magis pertinet quallis tibi vide aris quam allis



  • Options
    #10
    franktheplank
    Registered Users Posts: 1,168 ✭✭✭franktheplank


    SafeSurfer wrote: »
    You learn fast Frank. If there is a number followed by a ? in the OP the only possible answer is three fiddy.

    Yeah, what do these suckaz think this place is? Maths club?


  • Options
    #11
    SEPT 23 1989
    Registered Users Posts: 43,025 ✭✭✭✭SEPT 23 1989


    I wandered lonely as a cloud


  • Advertisement
  • Options
    #12
    joydivision
    Banned (with Prison Access) Posts: 735 ✭✭✭joydivision


    SEPT 23 1989 wrote: »
    I wandered lonely as a cloud


  • Options
    #13
    Androidlovers
    Registered Users Posts: 20 ✭Androidlovers


    Please dont say that you hit a Lottery of 15 million :-o


  • Options
    #14
    Curly Judge
    Registered Users Posts: 2,708 ✭✭✭Curly Judge


    Assuming that you have the self control not to spend any of the principal, I heard somewhere once that the right way to look at it is:
    1% for yourself
    1% for the tax man
    1% for reinvestment. [to offset the effects of inflation]
    So, You would end up with, roughly, 3,000 per week, tax free, in your hip pocket.
    Think you can manage on that?


  • Options
    #15
    franktheplank
    Registered Users Posts: 1,168 ✭✭✭franktheplank


    Curly Judge wrote: »
    Assuming that you have the self control not to spend any of the principal, I heard somewhere once that the right way to look at it is:
    1% for yourself
    1% for the tax man
    1% for reinvestment. [to offset the effects of inflation]
    So, You would end up with, roughly, 3,000 per week, tax free, in your hip pocket.
    Think you can manage on that?

    I'd have to let a few people go but i suppose i could tighten the belt. :D


  • Options
    #16
    tonyheaney
    Closed Accounts Posts: 1,686 ✭✭✭tonyheaney


    oh ha ha ha some ones not getting laid i see


  • Options
    #17
    tonyheaney
    Closed Accounts Posts: 1,686 ✭✭✭tonyheaney


    is that per week or month or year?


  • Options
    #18
    tonyheaney
    Closed Accounts Posts: 1,686 ✭✭✭tonyheaney


    isn't the lotto Tax free?


  • Options
    #19
    Reloc8
    Closed Accounts Posts: 2,857 ✭✭✭Reloc8


    tonyheaney wrote: »
    isn't the lotto Tax free?

    Yes.

    But you pay tax on interest accrued on sums on deposits, including sums you won on the lotto.


  • Options
    #20
    tonyheaney
    Closed Accounts Posts: 1,686 ✭✭✭tonyheaney


    no i just trying to think what to do with my winnings like


  • Options
    #21
    franktheplank
    Registered Users Posts: 1,168 ✭✭✭franktheplank


    tonyheaney wrote: »
    oh ha ha ha some ones not getting laid i see
    tonyheaney wrote: »
    is that per week or month or year?

    Per year

    /Bawling my eyes out.


  • Advertisement
  • Options
    #22
    tonyheaney
    Closed Accounts Posts: 1,686 ✭✭✭tonyheaney


    LOL hahaha


  • Options
    #23
    asherbassad
    Banned (with Prison Access) Posts: 1,869 ✭✭✭asherbassad


    tonyheaney wrote: »
    Hi I wander if any one could honestly tell me and all jokes aside how much weekly interest would I get from this weeks 15 million euro

    You'd probably get 2% p.a., that's 300k a year.....so 6 grand a week. Buy's a lot of beer and kebabs :P


  • Options
    #24
    Remmy
    Registered Users Posts: 2,921 ✭✭✭Remmy


    If you won op, I'd have much interest. Where do you live btw?;)


  • Options
    #25
    3ndahalfof6
    Registered Users Posts: 5,184 ✭✭✭3ndahalfof6


    Loads, you just entered babe city.


Advertisement