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What do i do with my Savings ???

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    #32
    Scalepro
    Registered Users Posts: 12 ✭Scalepro


    Augeo wrote: »
    How-To-Not-Get-Sucked-In-366x350.jpeg
    Well what would you suggest smartie pants ???


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    #33
    Scalepro
    Registered Users Posts: 12 ✭Scalepro


    Taylor365 wrote: »
    Reminds me of listening to a hairdresser a good few years ago:

    "We're saving in the credit union. If we save 50 grand, we can take out a loan 3 times that against our money and we won't need a mortgage."

    Think the cu rate was 12% at the time....

    As I said, i dont want to go down the road of getting a mortgage. Small loan to buy a property (max 50000) I would consider but not a mortgage.

    I just want to get some feedback to see what other people are doing with their savings.


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    #34
    [Deleted User]
    Posts: 17,728 ✭✭✭✭ [Deleted User]


    Scalepro wrote: »
    Well what would you suggest smartie pants ???

    ' like to put it into something that will see a good return with minimum risk ' ..... If the stock market for 10 years doesn't appeal then leave it in the post office.


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    #35
    Lu Tze
    Registered Users Posts: 3,495 ✭✭✭Lu Tze


    PHG wrote: »
    I did say rarely :D, and you both are the rare few. Side question though, you drop a lump sum, is this savings/bonus each year or something like inheritance?

    Only seeing this now, it's the previous years savings we drop, just save away, and if there aren't any large expenses in the foreseeable future we drop a chunk of it in, and start over.


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