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investment advice

  • 24-06-2008 2:04pm
    #1
    Closed Accounts Posts: 113 ✭✭


    hi all i would like some advise about investing a lump sum.
    I have about 15000 euro to invest for a period of 3 years i have looked at some of the offers the banks have but i just get confused with all the jargon.
    really just looking for some sound advice.


Comments

  • Posts: 0 [Deleted User]


    You could consider investing in three types of stocks - 5K a piece in Blue chip, medium risk and high risk.

    What kind of returns will you be happy with? and what is your propensity for risk?


  • Registered Users, Registered Users 2 Posts: 346 ✭✭dibs101


    have a look at this website... http://www.irishdeposits.ie/

    It gives all the cash deposit rates being offered by the banks, building societies etc. Not sure how up to date it is. But gives good explanations of various accounts. I recently put my savings in a new 12 month cash deposit fixed term fund of 5.33% with bank of ireland.

    it might be worth your while waiting a bit, as better rates may become available when the ECB raises interest rates shortly, your cash deposit rates should improve slightly too.

    I was going to change to the EBS for 5.4% but with the bank of ireland you can withdraw up to 10000 without penalty.

    Personally i wouldnt touch the markets at the moment but rather leave it in a cash deposit fund until confidence returns to the market.

    the important thing is to do something with it. Get your money working for you..... its free money after all...................


  • Registered Users, Registered Users 2 Posts: 8,452 ✭✭✭Time Magazine


    Please read the charter.


This discussion has been closed.
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