Age: 33
Spouse’s/Partner's age: 36
Annual gross income from employment or profession: n/a
Monthly take-home pay: 3500
Type of employment: employed abroad on rolling contract
In general are you:
(a) spending more than you earn, or
(b) saving?
Saving
Rough estimate of value of home
Amount outstanding on your mortgage:
What interest rate are you paying?no mortgage
Other borrowings – car loans/personal loans etc: none
Do you pay off your full credit card balance each month? yes
If not, what is the balance on your credit card?
Savings and investments: HAve 10,000 between current and regular savings account which I want to do something with. Also have shares worth about 10000 today.
Do you have a pension scheme? yes
Do you own any investment or other property? no
Ages of children: none
Life insurance: none
What specific question do you have or what issues are of concern to you?
I am a researcher so started work late after finishing PhD. I am 33 now and have just cleared all my debts. I work abroad but pay rent both abroad and in Ireland amounting to 860 per month. Since my employment is both uncertain (currently on a 12 month contract) and likely to move around, investing in property seems to be tricky but I do want to save money to make up for this. I have 10,000 in cash which I want to invest but have access to in case I do decide to invest in property. I also have another about 10,000 in shares some of which are Paddy Power which were bought at 6 euro and I want to 'make hay' from those as I am nervous about losing the gains.
What should I do now? If I were to invest in shares, how do I go about it? My father bought those shares originally and I only have control of them recently and he has passed away.
Spouse’s/Partner's age: 36
Annual gross income from employment or profession: n/a
Monthly take-home pay: 3500
Type of employment: employed abroad on rolling contract
In general are you:
(a) spending more than you earn, or
(b) saving?
Saving
Rough estimate of value of home
Amount outstanding on your mortgage:
What interest rate are you paying?no mortgage
Other borrowings – car loans/personal loans etc: none
Do you pay off your full credit card balance each month? yes
If not, what is the balance on your credit card?
Savings and investments: HAve 10,000 between current and regular savings account which I want to do something with. Also have shares worth about 10000 today.
Do you have a pension scheme? yes
Do you own any investment or other property? no
Ages of children: none
Life insurance: none
What specific question do you have or what issues are of concern to you?
I am a researcher so started work late after finishing PhD. I am 33 now and have just cleared all my debts. I work abroad but pay rent both abroad and in Ireland amounting to 860 per month. Since my employment is both uncertain (currently on a 12 month contract) and likely to move around, investing in property seems to be tricky but I do want to save money to make up for this. I have 10,000 in cash which I want to invest but have access to in case I do decide to invest in property. I also have another about 10,000 in shares some of which are Paddy Power which were bought at 6 euro and I want to 'make hay' from those as I am nervous about losing the gains.
What should I do now? If I were to invest in shares, how do I go about it? My father bought those shares originally and I only have control of them recently and he has passed away.