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350k to invest

  • 05-11-2015 11:21pm
    #1
    Closed Accounts Posts: 271 ✭✭


    I have 350k to invest where could I get a steady return or a business to invest and work in


Comments

  • Registered Users, Registered Users 2 Posts: 300 ✭✭power101


    I would suggest a financial advisor as there are loads of options depending on your circumstances. I take it by your user name you're 52 and this would make a good sum to build up for retirement.

    Lots of options. I would suggest the safer options as you are only 15 years from retirement. If you decide on a fund make sure the management fee is small preferably less than .5%. A dividend only fund might be the way to go. If you are earning a salary make sure to maximise your pension contribution to lower your tax especially if you are on the top rate of tax.

    Otherwise best of luck and I hope you can make it grow.


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