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120k to invest

  • 18-04-2017 3:46pm
    #1
    danko82
    Registered Users, Registered Users 2 Posts: 222 ✭✭


    Hi all,
    I have around 120k to invest long term.
    What would you advise about that?
    Thanks


Comments

  • #2
    topper_harley2
    Registered Users, Registered Users 2 Posts: 537 ✭✭✭topper_harley2


    Read existing threads on identical question e.g.
    http://www.boards.ie/vbulletin/showthread.php?t=2057719381,
    http://www.boards.ie/vbulletin/showthread.php?p=95975176,
    http://www.boards.ie/vbulletin/showthread.php?p=90253688,
    http://www.boards.ie/vbulletin/showthread.php?p=98214738

    20k vs 120k, same difference really.

    Talk to independent fee-based financial advisor, such as Ross Curran in Galway.


  • #3
    danko82
    Registered Users, Registered Users 2 Posts: 222 ✭✭danko82


    I would like to have an advisor in order to invest them.
    I can also save around 2k for month.
    My propension at risk is medium high.


  • #4
    YossiA
    Registered Users, Registered Users 2 Posts: 46 ✭YossiA


    Depends on your risk appetite? High or low risk?


  • #5
    danko82
    Registered Users, Registered Users 2 Posts: 222 ✭✭danko82


    high


  • #6
    danko82
    Registered Users, Registered Users 2 Posts: 222 ✭✭danko82


    I was thinking to buy an house..
    like 250k-300k
    120k plus a mortgage of 10 years for 130-180.
    2 room, one I can rent.
    let's say 700month plus 700 month that I save of rent, it is 1400 plus 2000 my actual monthly saving it is a total of 3400.
    Would be a good investment here in ireland?


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  • #7
    BrokenArrows
    Registered Users, Registered Users 2 Posts: 7,501 ✭✭✭BrokenArrows


    danko82 wrote: »
    I was thinking to buy an house..
    like 250k-300k
    120k plus a mortgage of 10 years for 130-180.
    2 room, one I can rent.
    let's say 700month plus 700 month that I save of rent, it is 1400 plus 2000 my actual monthly saving it is a total of 3400.
    Would be a good investment here in ireland?

    It depends on whether you think ireland is in a housing bubble or not. Personally i think it is and your money would be better spent elsewhere.

    EDIT Actually scrap that, missed that you're planning on living there. Then yes its probably a good investment.


  • #8
    danko82
    Registered Users, Registered Users 2 Posts: 222 ✭✭danko82


    well..not sure in long term, but probably in the next 2 3 years I will be here for sure.


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