15k to invest

[2012Savings]

Hi guys, new to this forum so any advice is appreciated. Currently have about 15k sitting in a savings account earning minimal interest. Would anyone have any recommendations on where would be a better place to place this money for 2-5 years? Thanks

 

[Boyd]

"Minimal interest" is very vague.........what interest exactly? If you want to continue saving with almost no risk then NTMA 5 year savings bonds are a good option. Still not a great rate but best you can get without capital risk.

Investing is a totally different game, of which I have no experience.

Check out best buy savings thread from homepage, under deposits section for best buys on savings.

 

[LDFerguson]

Check out best buy savings thread from homepage, under deposits section for best buys on savings.

Link added.

 

[CharlieStock]

blue chip stock with good dividend return?

 

[Steven Barrett]

blue chip stock with good dividend return?

Where have I heard that before?


...oh yeah, the Bank of Ireland shareholders!

 

[LDFerguson]

With that kind of money you can get a mutual fund with a very low fee. I use Fidelity's Spartan 500 Index. Fee of less than 0.1%.

In Ireland?

 

[ajapale]

Hi LD,

This chineese based spammer has been banned and his posts deleted.

aj

 

[LDFerguson]

Thanks aj. Just when I thought that I could get some Fidelity Spartan funds at 0.1%. Feel free to delete my posts too if you like.