Hi folks
So as per the title.
Currently have about €60k in savings not earning a whole lot. I would like to put away €30k of this in an investment of medium level risk with the remainder in a mix of instant access and fixed term deposit.
The latter is getting 3% plus per annum which I am quite happy with. Can I reasonably expect much better from an investment on say a 5 year horizon? I don't know where to begin and perhaps I would be better sticking to deposits.
My work pension is maxed out from contributions perspective.
Would appreciate thoughts for a novice. Have been looking at Irish Life Smart Invest plans.
So as per the title.
Currently have about €60k in savings not earning a whole lot. I would like to put away €30k of this in an investment of medium level risk with the remainder in a mix of instant access and fixed term deposit.
The latter is getting 3% plus per annum which I am quite happy with. Can I reasonably expect much better from an investment on say a 5 year horizon? I don't know where to begin and perhaps I would be better sticking to deposits.
My work pension is maxed out from contributions perspective.
Would appreciate thoughts for a novice. Have been looking at Irish Life Smart Invest plans.