3000 euro what to do with it

jkelly85

right i have 3000 to put away for abour a year, what is best bank or investment that i could get, anything that is better than just keeping the cash at home

Trapattoni

Honestly just keep it somewhere safe. Don't invest it but yeah stick it in a regular savings account with decent interest or maybe even lock it up for 1 year for little bit more return. Not a whole lot of difference between the products being offered by the banks at the moment if you ask me.

Having spent years with money invested here and a couple of different bank accounts I have put it all together in the one. Not out of loyalty or anything - just to keep it simple.

Buffy the bitch

Open an online shares accout.

Spread your money into compaines you thnik do well at the end of the year I'd say 10 different companies sticking 300 in each.

Some good shares on the page but do research.

Daragh101

Buffy the bitch wrote: »

Open an online shares accout.

Spread your money into compaines you thnik do well at the end of the year I'd say 10 different companies sticking 300 in each.

Some good shares on the page but do research.

I wouldnt do this tbh. The fees/commission will eat up any potential profits you make!.
Also detailed research should always be done before you even touch a share. Dont act off tips!!
imo the high interest acc soumds good..!:)

Bytheway

jkelly85 wrote: »

right i have 3000 to put away for abour a year, what is best bank or investment that i could get, anything that is better than just keeping the cash at home

Put the money into a share called Gulf Keystone.
It's £1 now, will be £2.50 - £4 in less than a year, high risk but high reward. Everybody's risk tolerance in different . DYOR
The future is there for those who dare............thats what I say to myself anyway
I will come back in a few months and tell you how much money you could have made

tolkarovers

http://www.moneyguideireland.com/

Raskolnikov

Buffy the bitch wrote: »

Open an online shares accout.

Spread your money into compaines you thnik do well at the end of the year I'd say 10 different companies sticking 300 in each.

Some good shares on the page but do research.

I'm sorry, but that's brutal advice. Your shares will need to have to go up by 10-20% before you even break even on the buying and selling costs.

Raskolnikov

Bytheway wrote: »

It's £1 now, will be £2.50 - £4 in less than a year, high risk but high reward.

That's just opinion based on no fact.

Bytheway

Raskolnikov wrote: »

That's just opinion based on no fact.

I gave loads of info backing up my statistics on the Gulf keystone thread.
post from 31-12-2009, 14:06 onwards and a estimation of worth on 01-01-2010.

ED 209

Spend it before inflation kicks in. Go on a holiday. Buy something nice. However if you don't want to do that, think about gold or silver. It's much better than having it in cash. Also, look at other commodities or a commodity index ETFs. Everyone will have their own take on it. I think shares are overvalued particularly in the US where they have had a strong run recently.

As highlighted by Daragh 101, to reduce commissions look for a one trade move.

tolkarovers

halifax flexisaver account