Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on [email protected] for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact [email protected]

investing €500-€750 a month over 2 years.

  • 17-04-2019 9:26pm
    #1
    Lambman
    Registered Users Posts: 1,041 ✭✭✭


    Looking at investing this amount per month over a 2 year period will be looking till withdraw it then till pay for my wedding. As it's a wedding I wouldn't want high risk. Any ideas?


Comments

  • #2
    Browney7
    Registered Users Posts: 3,088 ✭✭✭Browney7


    Lambman wrote: »
    Looking at investing this amount per month over a 2 year period will be looking till withdraw it then till pay for my wedding. As it's a wedding I wouldn't want high risk. Any ideas?

    A regular savings account with the highest interest rate - think it's KBC at the minute.
    Time period is too short for any equity based investment imo


  • #3
    Lambman
    Registered Users Posts: 1,041 ✭✭✭Lambman


    What return would that give say on €700 a month over 24 months?


  • #4
    Dytalus
    Registered Users Posts: 459 ✭✭Dytalus


    Lambman wrote: »
    What return would that give say on €700 a month over 24 months?

    Based on KBC's calculator you'd save €16,862 in their regular saver account. 700 a month over 24 months is €16,800. So you'd make €62 in interest. You'd be very hard pressed to find much higher returns over such a short term.


Advertisement