Where to invest 5-figure sum?

C

CashNoob

Guest
Hi there,

Noob to the whole money thing. Thinking slight risk, nothing crazy, but would like to be able to access the cash in an emergency.

Any and all advice appreciated.
 
1) Send it to me.

2) The Deposit forum is about the best you'll find concerning every type of deposit -with every bank - amount, interest rate, length of time. CiaranT is a person or a robot who spends 25 hours a day tracking the best deals.

To be blunt -if you want your cash bank in a hurry then there are not many deals that offer a good return. Usually you have to keep the money in for several months or a year to get 4% gross. But you can access the money in a hurry and just lose the inetrest rate.

If its a small amount like 10k AIB have a good deal on their internet banking-easy to join .It was 4% and no penalty for taking it out wihin a weeks notice. Not sure of todays rate. Check with Deposit forum on AAM.

Nobody -nobody - can give you advice on any super-good deal (i.e. 10+% "sure-fire"investment).
This is the worst period I've known in nearly seven decades for uncertainty about where to put money.