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Savings Advise

Mystery666 · 2018-03-01 22:57:31

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…

01-03-2018 11:57PM

#1

Mystery666

Registered Users, Registered Users 2 Posts: 24 ✭

Join Date: February 2013

Posts: 17

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?

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Comments

#2 02-03-2018 11:30AM

topper_harley2

Registered Users, Registered Users 2 Posts: 537 ✭✭✭

Join Date: December 2008

Posts: 527

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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