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Investment ideas?

Nappy · 2009-07-31 11:59:44

Hey, If I was to get a 0% interest loan (for 1st year) for the year using my parents as guarantor and take out the maximum and leave it sitting in an investment account elsewhere so I could just collect interest at the end and pay back loan, Where would be the best place to leave the money growing? Also, Are any banks…

31-07-2009 11:59am

#1

Nappy

Registered Users, Registered Users 2 Posts: 329 ✭✭

Join Date: June 2008

Posts: 235

Hey,

If I was to get a 0% interest loan (for 1st year) for the year using my parents as guarantor and take out the maximum and leave it sitting in an investment account elsewhere so I could just collect interest at the end and pay back loan, Where would be the best place to leave the money growing? Also, Are any banks still offering 0% interest loans for first year? Im a student and might be able to avail of one of these, can this be done? Also would it be best to add to it each week like a savings account orshould I set up a seperate savings account? Or any ideaswhere my money would be better investments?

Would appreciate any advice or recommendations...

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