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1 year fixed term account- safest place to put my money and get a good interest rate

  • 14-09-2012 11:04pm
    #1
    Curlyhatescurls
    Registered Users, Registered Users 2 Posts: 283 ✭✭


    Hi,
    I am a bit lost and don't want to be taken advantage of by banks- I have a lump sum of money that I want to put in a 1 year fixed term account. I won't be touching it so I don't need to worry about penalties. Went into BOI today and I wasn't impressed with the interest rates, down from 3.75 (what I got last year) to 2.5% so I want to shop around. Permanent TSB seem to be offering 3.5%, and I haven't been able to figure out other people's rates. I also want my money to be safe (seriously, I am doomed if something bad happens to it) Has anyone any advice on what I should do?
    Any advice, I would consider investing it in gold or something even!


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