How long is a piece of string?

WhiteWalls

What would an average return or an average expected return for an investment in Ireland?

I know they obviously vary from investment to investment but is there a general rule of thumb?

Say for arguments sake somebody invests 40k over 5 years? If after 5 years they finished with 45k for arguments sake, would that be seen as being a decent return?

The S&P 500 returns about 10% annually. So you should look into ETFs, but the tax rate on realised gains is 41%.

https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp#:~:text=The%20S%26P%20500%20index%20acts,its%201957%20inception%20through%202021.

littlevillage

https://www.boards.ie/discussion/2058227618/how-long-is-a-piece-of-string

Risk and time are the two big determinants when discussing returns on investments. I think the more details you provide about your potential investment, the better the answers you are likely to elicit from the good folks on Boards-Investments

WhiteWalls

Thanks for the replies. I don't have a plan to invest. I'm just wondering about the general sums that most investments make is all?

WhiteWalls

ETFs are the easiest thing to invest in, apart from Prize Bonds. Irish Life offer a range of products too.

Honestly, you might want to talk to a Qualified Financial Advisor.

WhiteWalls

I just looked online there. 10% seems to be seen as an average return. Then I see its 55% tax on returns.

Seems poor enough to me

https://www.boards.ie/discussion/comment/118467744#Comment_118467744

Dogecoin then.