Hi there,
I've just had two 6 year investments come to an end - Irish Life and New Ireland - needless to say given the turmoil over the last few years any interest made was very little and the taxman took his share of that too!
Luckily the original investments were guarenteed so i'm back where i started 6 years ago - €30k to invest - problem is where???
The original investments were handled via a financial advisor - now he wants me to re-invest the money into another scheme for 4 years and with the same advice - "the value of your investment may go up as well as down" !!
However, he still gets his little kick back from the investment company regardless of what happens to my money, so i ask the question again, but this time without any undue influence from any investment company!
I've read several threads/posts on here going back to last year and to be honest i'm as confused as i was before i started reading!
I know the return will depend on the term of the investment along with the "risk" involved so really what i'm looking for is "the middle of the road" investment advice!
Do i go with An Post's NTMA investments or KBC's "up front" investments or invest it outside of Europe???
I do have a bank account in Thailand as i go there a lot but its really more for having spending money while i'm there rather than carrying large amounts of money around all the time! I've never really looked into their saving schemes - i might do that the next time i'm there but for now i'd rather try and keep it closer to home!
Any help in this matter would be gratefully appreciated - thankyou!