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Brexit and effect on Bank?

masterboy123 · 2019-09-29 13:41:08

I am wondering if my savings are going to be effected after Brexit? I checked with AIB they have guarantee for 100k only. I am thinking to put extras above 100k in different banks just to be on the safe side. Any thoughts on this?

29-09-2019 1:41pm

#1

masterboy123

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I am wondering if my savings are going to be effected after Brexit?
I checked with AIB they have guarantee for 100k only.

I am thinking to put extras above 100k in different banks just to be on the safe side.

Any thoughts on this?

0

Comments

#2 29-09-2019 1:43pm

s7ryf3925pivug

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There are better ways to invest over 100k than leaving it in a bank account.

0
#3 29-09-2019 1:50pm

BattleCorp

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masterboy123 wrote: »

I am wondering if my savings are going to be effected after Brexit?
I checked with AIB they have guarantee for 100k only.

I am thinking to put extras above 100k in different banks just to be on the safe side.

Any thoughts on this?

If you have that much money in the bank you wouldn't be looking for financial advice on boards.

Try again.

0
#4 29-09-2019 1:51pm

Uncle Charlie

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Better to keep the money under the bed in a fire proof safe.

0
#5 29-09-2019 1:56pm

BattleCorp

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Uncle Charlie wrote: »

Better to keep the money under the bed in a fire proof safe.

Nah man. Buy Anglo shares with it. Can't lose.

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#6 29-09-2019 2:02pm

ytpe2r5bxkn0c1

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Not a Brexit issue, but you need serious financial advice, if you're to be believed.

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#7 29-09-2019 2:44pm

TheValeyard

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Aiyana Gray Barrier wrote: »

There are better ways to invest over 100k than leaving it in a bank account.

Definitely. Like giving it all to me.

All eyes on Kursk. Slava Ukraini.

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#8 29-09-2019 2:48pm

ytpe2r5bxkn0c1

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tonycascarino wrote: »

What if someone has an x-amount in the likes of Ulster Bank. Seeing that Ulster Bank is a British Bank, I wonder would savings in such a bank be affected by Brexit. Banks are to be trusted the same way as one would trust a politician.

Ulster Bank here are covered by the Irish Bank Guarantee Scheme.

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#9 29-09-2019 2:55pm

BDI

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I just bought loads of pairs of socks.

What’s the first thing everybody will need when the **** hits the fan? Good quality socks. The penny’s ones people wear these days won’t last five minutes in a zombie apocalypse.

When you see preppers with all their tins of food you never see socks.
Trench foot will be rife unless you buy my socks.

Data has shown that the price of quality socks is as steady as the gold standard when it comes to inflation during good times and actually double in value during world events like the Black Plague and the hiv epidemic in New York.

Anyway hope I helped op.

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#10 29-09-2019 2:59pm

dxhound2005

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I see some of these ones are sold out. Was that you?

https://citizenofeverywhere.co.uk/collections/all/bollocks-to-brexit-socks

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#11 29-09-2019 3:06pm

BDI

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dxhound2005 wrote: »

I see some of these ones are sold out. Was that you?

https://citizenofeverywhere.co.uk/collections/all/bollocks-to-brexit-socks

I tend to steer clear of fad socks. Oliver Sweeney do a hand made Italian range for around £17 a pair.

During a global event like brexit socks of this class will rise in price to £25 atleast if you already have them in the U.K.

Pringle argyle will also see a rise although not as much as Oliver Sweeney.

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#12 29-09-2019 3:10pm

MarioLuigi

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All you have to do is buy a **** load of gasoline, wait twelve months, sell the gasoline and make a **** load of profit. I have a graph I can show you to help.

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#13 29-09-2019 3:13pm

masterboy123

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I am not sure what's all this joke about?

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#14 29-09-2019 3:14pm

BDI

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masterboy123 wrote: »

I am not sure what's all this joke about?

I never joke when it comes to investing in socks sir.

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#15 29-09-2019 3:15pm

masterboy123

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I don't want to invest as we are moving to a new home soon, maybe December and majority of the amount will be gone in the house.

Aiyana Gray Barrier wrote: »

There are better ways to invest over 100k than leaving it in a bank account.

0
#16 29-09-2019 3:22pm

BDI

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masterboy123 wrote: »

I don't want to invest as we are moving to a new home soon, maybe December and majority of the amount will be gone in the house.

And when you are moving your stuff. What’ll you be wearing on your feet, under your shoes?

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#17 29-09-2019 3:57pm

Yamanoto

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The OP is genuine & given their occupation, the amounts discussed are entirely plausible.

Looking for financial advice on this forum is, however, seriously naive.

Try asking here:

https://www.boards.ie/vbulletin//forumdisplay.php?f=859

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#18 29-09-2019 6:46pm

masterboy123

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Thanks for the help Yamanoto. Much appreciated.
Hope you had a great weekend.

Yamanoto wrote: »

The OP is genuine & given their occupation, the amounts discussed are entirely plausible.

Looking for financial advice on this forum is, however, seriously naive.

Try asking here:

https://www.boards.ie/vbulletin//forumdisplay.php?f=859

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#19 29-09-2019 9:24pm

s7ryf3925pivug

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BDI wrote: »

And when you are moving your stuff. What’ll you be wearing on your feet, under your shoes?

huh?

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