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Investing in irish banks

  • 15-04-2018 10:52am
    #1
    spudy76
    Registered Users, Registered Users 2 Posts: 2 ✭


    I have money to invest. Would Irish banks be a good investment. Surely with the amount of houses required over next 10 years and with increasing rates they are worth an investment??. Is now the time?


Comments

  • #2
    daheff
    Registered Users, Registered Users 2 Posts: 5,933 ✭✭✭daheff


    i'm an investor in the irish banks.


    I've put money into BOI and PTSB. BOI as they are the best set up of the 3 main banks (lowest govt ownership of all). PTSB as a purely speculative investment (ie small amount i'm prepared to lose 100% of in worst case).

    AIB are in the middle. Still a lot of state ownership (with further share sales due over the coming years. That could depress prices).

    If you have a legitimate reason/belief to buy irish banks...then why not. But just be sure of what you are doing...and not cos some punter on the internet thinks its a good idea.

    Do your own research!


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