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Where to put money?

miss choc · 2019-06-20 18:20:26

I cancelled two BOI deposit links today about 31k, they were getting nothing in terms of interest. Now I want to split them into amount into 3 with different places maybe 14k, 10k and 7k I have a PTSB booster bonus and fixed acess and an Irish Life Clear Invest already, I would also like to open up an An Post. Term lengths…

20-06-2019 7:20pm

#1

miss choc

Registered Users Posts: 1,085 ✭✭✭

Join Date: February 2007

Posts: 688

I cancelled two BOI deposit links today about 31k, they were getting nothing in terms of interest. Now I want to split them into amount into 3 with different places maybe 14k, 10k and 7k I have a PTSB booster bonus and fixed acess and an Irish Life Clear Invest already, I would also like to open up an An Post. Term lengths are ok at the moment I could do 3-5 years. Just wondering what amount should I put into which place?

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Comments

#2 26-06-2019 4:29pm

Squozen

Registered Users Posts: 117 ✭✭

Join Date: September 2016

Posts: 115

Term deposits provide very poor return, how long do you intend to invest for? If you're looking at more than 5 years I'd be looking at S&P 500 index funds.

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