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    Electric Car Value Trade In. Please Help

    Time has a value too... spending an extra hour of your finite life plodding along at 80km/h on a Cork Dublin motorway trip may work for some people...but again I doubt this is part of the glossy sales pitch.
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    Given Noonan's raid on pension funds, can the government be trusted?

    "Pension tax relief" is in fact spreading the recognition of income for income tax purposes across your lifetime - not relief. Yes - all else being equal you may benefit by such spreading on the basis you have lower income later in your life. Regarding "all else being equal" - it's for each...
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    Tax Increases in the 2024 Budget (10Oct23)

    The transferable standard rate cut off point between spouses is 9,000 euro - not only the same as last year, but twenty years ago. This is explicit policy to separate parents from their children - also affecting couples where one is disabled and cannot work. THIS IS A TAX INCREASE
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    NTMA exploiting Irish Savers as UK Equivalent NS&I Offer Record High Rates

    The ECB has a bigger "bazooka" than the Bank of England to force rates down. Since Mario Draghi's "whatever it takes" a decade ago - it's been explicit ECB policy to remove the necessity for banks to gather retail deposits. Financial institutions across the Eurozone are already loaded up with...
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    State Savings Rates Increase For First Time in 16 Years

    Just be aware that a couple of years' bad inflation could effectively wipe out the 16pc you receive over ten years. We've had 10pc official inflation this year and many people would be exposed to even higher rates based on how they spend their money.
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    State Savings Rates Increase For First Time in 16 Years

    The government bond market is demanding 30 percent nominal return for placing money with the Irish government for 10 years. These products are offering Joe Soap 16 percent over 10 years. Take what you will from that.
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    Silver to sell

    Not sure of relevance to the OP's query, but it's good to know from this article that inflation and lack of trust in the banks fall under the heading of "phantom risks" - one might have thought otherwise given recent global and local developments. Just ensure to remain "in the system" where a...
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    Pre-Teens Bank Account

    How are kids going to learn saving and the benefits of deferred gratification if it's such a big deal to put a card into a card reader as opposed to "tap and go"? Are they working 18 hours a day at child labour or something that those few seconds are critical? Not their fault - this is the...
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    17yr old with lump sum to invest

    Believe it or not yes, a lot of people are on fixed nominal incomes, or in industries where they are lucky to get a percent or two. And yes, for a lot of people, electricity and heating, and all the things that require energy, are a major component of their budgets. Need a roof over your head...
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    17yr old with lump sum to invest

    3% over 5 years.... meanwhile a 16% increase in electricity prices was announced yesterday. So it's already -13% for anyone who uses electricity...
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    Should Ireland agree to the 15% Multinational Corporation Tax Rate?

    The State is a service provider, like every other company. What would happen if the world's mobile phone providers came together and agreed a global minimum monthly charge of 150 euro? Personal income over 35k is taxed at 48.5 per cent. That's obscene - there is no incentive for a person to...
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    Moved abroad for good - should we hold on to former PPR in Ireland?

    A lot of political risk here from an investor perspective - rent caps (being reduced again next month), rent pressure zones, property taxes being upped, eviction moratoriums, etc. Hard to see this changing with the ongoing lurch in political direction that we are seeing in ROI. Accidental...
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    KBC Exiting the Irish Market

    "This report examines the issuance of a central bank digital currency (CBDC) – the digital euro – from the perspective of the Eurosystem. Such a digital euro would be a central bank liability offered in digital form for use by citizens and businesses for their retail payments. " "Depending on...
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    KBC Exiting the Irish Market

    The ECB have a digital euro in the pipeline, so the days are numbered for banking as we know it, and these moves by privately owned banking firms make total sense. Long term, everyone will have an account with the ECB with an app for deposits and loans. Most people will think this is great. The...
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    Are negative interest rates on the way?

    This is why they are trying to phase out cash entirely and doing a good job of it
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    New State Savings Rates

    Governments inflate more often than they default. So it's a question of what you can buy with the funds you get when the bond matures. Once our eurozone counterparts keep paying for our lockdowns no worries ;)
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    The impact of long term low interest rate environment

    The Central Banks have created bubbles everywhere in order to solve the last recession, so now the only game left for them is to do "whatever it takes" to keep these bubbles inflated through negative rates and QE. It's the Irish property bubble of 00-07 on a global scale. The next step which...
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    The Longest Record Broken: Gold/Silver Ratio Hits Highest in Over 5,000 Years

    0.01% is your reward for handing control of your money to a bank who can lend as they please. Banks have failed, as us Irish should well know. Last time depositors were lucky enough to get bailed out at the expense of other taxpayers, but the ECB have said any similar future crisis will involve...
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    Family Home Declaration when buying property without mortgage?

    Hi - My understanding is that when a married person buys a property with a mortgage the bank will insist upon a Family Home Declaration being signed. If one party to a marriage wants to buy an investment property without a mortgage, does the spouse need to sign a declaration or otherwise be...
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    “No justification” for reducing exit tax

    Nonsense reasons they have provided. Boiling it down, if I make an investment over 5 years and the market return is 20% gross over that period , I come out with 7.5% after the govt skims off 9% (premium levy plus exit tax) and the providers fees take the rest (assuming 1 percent per annum). On...
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