Lump sum risk free returns?

B

bmcgonig

Guest
Hello,

Please forgive the ignorance here as Im living in SF. However my mom is thinking of selling her house and renting an apartment. She 89 and with the price of property it might be time to sell she thinks.

She would probably sell for 800K or something like that. What is a safe risk free return she might expect from that?

Also, are deposits insured in Ireland, such as they are in USA? Ie the FDIC insures each bank account up to $100k

Thanx a lot in advance. I grew up in Ireland but left many moons ago and don't really know anything about how investing works back there in Ireland.
 
She would get just over 4% today risk-free, apart from loss to inflation, with a secure deposit account. Some tax may be due depending on any other income she would have ie pension, dividends, etc

Deposits are insured up to 90% but only up to € 20,000 max per instutition.
 
You must log in or register to reply here.
Back
Top