Static M.e. wrote: »
Based on the above it might be worth looking at the State savings, which do a 3 and 4 year bond.https://www.statesavings.ie/our-products
National Solidarity Bond
2% Total Return
If you want something with more risk \ reward, I would go for an EFT but as this is your rainy day fund, you might be better off just leaving in the CU...the idea is that if you never know when you will need it and your investment horizon is short. If you did have an emergency, you can't sell the bond without taking a loss.
Personably, what I did was leave enough in the CU as a rainy day fund and then used what was left to start investing in an All-world EFT.
batista wrote: »
Some very interesting threads on here. I've always just left my money in the CU but i think its time to move it out as the return is safe but terrible. I have about 20k to play with, i am willing to take some risk with it, but obviously not willing to lose it all. I would want to ensure that i dont lose it all. So far ive only ever bought a few prize bonds which have very rarely paid out 75 euro to me. Any advice? I really dont have a clue about shares, id be better at picking a horse in the bookies. I'm thinking a mix of Prize bonds and fund from Irish Life. The money is a rainy day fund, that i may use in a few years to pay off some of my mortgage when my fixed term limit is up. I shouldnt need access to it over the next 4 years and thats the time frame im looking at to see if i can grow it a bit better than whats on offer in the CU.
pioneerpro wrote: »
Vanguard FTSE All-World UCITS ETF (USD) Accumulating
ISIN IE00BK5BQT80, WKN A2PKXGhttps://www.justetf.com/en/etf-profile.html?isin=IE00BK5BQT80
I'd need a fairly convincing argument against this as the most efficient risk/reward investing vehicle available without onerous tax reporting implications.https://www.reddit.com/r/EuropeFIRE/comments/nsu50y/european_etfs_for_longterm_investing/
HillCloudHop wrote: »
The only argument you need is 'Deemed Disposal.'
Neames wrote: »
What etf did you go for? How did you invest ...through DeGiro? Also interested in this topic.
Treppen wrote: »
If you're thinking ahead to retirement then don't discount the tax relief yould get from putting extra into pension. But there's charges and tax too so get advice.
Or overpaying mortgage, maybe.
Not saying either is better, but factor them into your decision.