Investment opportunity

soirish · 17-11-2014 11:54PM #1

Interest rates on euro denominated deposits are close to IE government bonds negative yield. What are your options? Landsbankinn Iceland offers 36 - 60 month deposits with around 6.3 - 6.4% interest rate and EU citizens are eligible to open savings accounts.
http://www.landsbankinn.com/interest-rates/ - Fixed

euroboom13 · 18-11-2014 09:33AM

Your capitol gets turned to krona`s, which most likely won`t be worth as much, when you return to euro`s, in 2yrs time.12% currency movement will kill your earnings.

soirish · 18-11-2014 07:17PM

There's no such thing as a risk free investment. Just curious why you put so much trust into euros?

euroboom13 · 18-11-2014 07:26PM

Like most people ,I was slapped in the face with a fish in 2007 and stopped reading what everyone else thought ,and started to try and form my own view.

Good Bond market, cheap oil, low rates ,is the preparation for a growth period.
usa needs a weaker $ to have any sort of manufacturing future.
Its what make sense to me, and the more I see the stronger i believe.

Thronegames · 20-11-2014 06:17PM

soirish wrote: »

Interest rates on euro denominated deposits are close to IE government bonds negative yield. What are your options? Landsbankinn Iceland offers 36 - 60 month deposits with around 6.3 - 6.4% interest rate and EU citizens are eligible to open savings accounts.
http://www.landsbankinn.com/interest-rates/ - Fixed

What about DIRT on top of currency risk? Applicable I presume? I've done well on stocks in the last year but am limiting my exposure as I got burnt years ago around 2001. Doing well on Apple and Ryanair.

Investment opportunity

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