Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie 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 hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

DeGiro - Products to park cash reserves into to get a little yield/growth

  • 10-12-2020 11:17am
    #1
    Thelonious
    Registered Users, Registered Users 2 Posts: 109 ✭✭


    I'm looking for a good place to put my money into while it's not tied up in stocks.
    I'm thinking something safe like bonds.
    I get notifications saying I'm not allowed have too much cashish uninvested and I'd like a little bit of yield.
    I wonder ....


Comments

  • #2
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,606 Mod ✭✭✭✭Jim2007


    Thelonious wrote: »
    I'm thinking something safe like bonds.


    Bonds are not "safe", they just have a different risk profile. Make sure you understand it before invest.


  • #3
    Thelonious
    Registered Users, Registered Users 2 Posts: 109 ✭✭Thelonious


    Jim2007 wrote: »
    Bonds are not "safe", they just have a different risk profile. Make sure you understand it before invest.

    Gotcha. Thanks I'm already aware of that. There is a range of bonds out there to invest in from US treasuries to junk which range from low risk low yield to high risk high yield.
    I understand that much , but what I lack is an understanding of the mechanics of buying a bond through a broker .


  • #4
    circadian
    Registered Users, Registered Users 2 Posts: 7,221 ✭✭✭circadian


    I use Degiro and they run a suitability test for using their services, it should also cover bonds etc. If you are going down this route I would recommend research and if you fail the suitability test, go off and learn again as it really is important to know what you're getting into.


Advertisement