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Should I use inheritance to buy first house?

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    #32
    argosy2006
    Banned (with Prison Access) Posts: 4,210 ✭✭✭argosy2006


    Would the interest on 230,000 per week not pay to rent a very nice house,
    ? So you keep the 230,000 and get house you like, with no risk of it losing value?


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    #33
    froger
    Registered Users Posts: 37 ✭froger


    argosy2006 wrote: »
    Would the interest on 230,000 per week not pay to rent a very nice house,
    ? So you keep the 230,000 and get house you like, with no risk of it losing value?


    But with the all this euro and market turmoil I may lose my savings and be left with zero, there are a lot of traders out there hedging their bets on a market crash and willing it on.

    Maybe I shouldn't be paying attention to the outside markets and have the faith that if anything like this was to happen that savings would not be wiped out, but history says otherwise.


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