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Best way to invest 100K for 2 years?

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  • Registered Users Posts: 119 ✭✭WICKL0W


    Would you contemplate buying a place in OZ now ?


  • Registered Users Posts: 6,031 ✭✭✭lomb


    Sleepy wrote:
    Don't do it. You have absolutely no guarantee you'll find someone to rent your other room.

    theres no gaurantee of anything, but if the borrower can afford the payments he should run with it imho.


  • Registered Users Posts: 4,683 ✭✭✭daveg


    WICKL0W wrote:
    Would you contemplate buying a place in OZ now ?

    I don't think so for 2 reasons. 1/ We are going with a view of seeing how it goes for a year. If we decide to stay after a year we will buy. 2/We have only a rough idea of suberbs in Melbourne. We really need to live there for a year to be sure of schools, suburbs, house prices etc..


  • Registered Users Posts: 1,366 ✭✭✭whizzbang


    lomb wrote:
    theres no gaurantee of anything, but if the borrower can afford the payments he should run with it imho.
    Isn't the Oz market on the turn? In certain areas, Melbourne I think.


  • Registered Users Posts: 699 ✭✭✭conor_mc


    whizzbang wrote:
    Isn't the Oz market on the turn? In certain areas, Melbourne I think.

    But that could never happen in Ireland, right? :rolleyes:


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  • Registered Users Posts: 1,366 ✭✭✭whizzbang


    conor_mc wrote:
    But that could never happen in Ireland, right? :rolleyes:

    no, never, we are special remember, property prices can't drop here because St Patrick said so.

    J


  • Registered Users Posts: 230 ✭✭mcdonnst


    How likley is there to be a crash.

    Is it not predicted that there will be a 8% rise in property prices this year alone.


  • Registered Users Posts: 1,698 ✭✭✭D'Peoples Voice


    lomb wrote:
    buy a house
    A wise move:D

    Am I right in saying that the best Lump Sum products are:
      PTSB (21 days notice) 5.25%
      Rabodirect 5.00% (for amts up to 10K, 3.75% thereafter)
      AIB online 4.50%
      Northern Rock 4.30%
      Ulster Bank Reward Reserve 4.25%
      National Irish ECB Tracker 3.95%
      Anglo Irish Bank 3.80%
      Pfizer Demand 3.20% (up to 3.40% for large amounts)

    The best Reg saver products are:
      AIB reg saver 7.10%
      Halifax 7.00%
      BofI 6.50%
      Ulster Bank 3.75%


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