H
happyhippo25
Guest
Hi there - Wondering if anyone can point me in the right direction on this,
I'm looking to invest a small lump sum (c.5-7k) and also set up a high interest savings account as well. Basically I am anxious to make my cash actually do something for me!
Re the latter - Irish Nationwide, First Active, AIB & Halifax all seem to have products ranging from 7.35% down to 7% but these are juicy introductory offers for just 1 year as far as i can see. would people here go for these or the lower %aged accounts that might stay at reasonable(?) rates for longer?
And re the former, where might people put 5-7k if they wanted a low risk investment for say 2-3 years. can you just lump that into savings accounts? (And therefore should i just look at one option??)
im in my 20s, not exactly very savvy with banking so any advice of places to look, or what to look out for is helped. i intend to keep on researching the diff options out there and get down to the pros and cons of each institutions offerings but in the meantime if anybody has any pointers that'd be great.
Thanks!
HH
I'm looking to invest a small lump sum (c.5-7k) and also set up a high interest savings account as well. Basically I am anxious to make my cash actually do something for me!
Re the latter - Irish Nationwide, First Active, AIB & Halifax all seem to have products ranging from 7.35% down to 7% but these are juicy introductory offers for just 1 year as far as i can see. would people here go for these or the lower %aged accounts that might stay at reasonable(?) rates for longer?
And re the former, where might people put 5-7k if they wanted a low risk investment for say 2-3 years. can you just lump that into savings accounts? (And therefore should i just look at one option??)
im in my 20s, not exactly very savvy with banking so any advice of places to look, or what to look out for is helped. i intend to keep on researching the diff options out there and get down to the pros and cons of each institutions offerings but in the meantime if anybody has any pointers that'd be great.
Thanks!
HH