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Savings Advise

  • 01-03-2018 10:57pm
    #1
    Mystery666
    Registered Users, Registered Users 2 Posts: 24 ✭


    Looking for a place to put my savings. I have about 15k currently saved and have a current account that has more than enough to get by. I have a steady job with regular income with money going directly into this saving account. I’m still young (22) so have a long time to save or could possibly take some risks with this in the hope of greater return. I won’t need to touch these savings (hopefully) for a long while but the problem is that its currently sitting in a BOI savings account which only gives 0.25% AER over 10k so I feel like this isn’t the best situation, any suggestions/advise on where to put this?


Comments

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


    State savings for 5 years may suit. Slightly higher return, no risk to capital.

    There are multiple other threads on this forum about "getting better rate than bank" - have you read those?


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