Would appreciate some advice. I will have within the next few weeks €150k to invest. This is a combination of an inheritance and An Post savings maturing. With bank rates so so low what would anyone here think of doing.
I have no financial problems other than an 80k tracker mortgage at .65%. I have no intention of clearing this and was laughed at by the bank when I offered to do a deal to clear this having heard just how problematic and costly these mortgages are to them. They informed me it "would open the flood gates if they accepted less than the total amount" So I will continue paying it off month by month until rates make it beneficial to me!
I thought about Prize bonds????? I am will to put 25% into a "risky" area if returns might justify it.
thanks
Dave
I have no financial problems other than an 80k tracker mortgage at .65%. I have no intention of clearing this and was laughed at by the bank when I offered to do a deal to clear this having heard just how problematic and costly these mortgages are to them. They informed me it "would open the flood gates if they accepted less than the total amount" So I will continue paying it off month by month until rates make it beneficial to me!
I thought about Prize bonds????? I am will to put 25% into a "risky" area if returns might justify it.
thanks
Dave