Age: 26
Spouse’s/Partner's age: N/A
Annual gross income from employment or profession: €0 (€750 a month dole)
Annual gross income of spouse:
Monthly take-home pay: If this means money after expenses paid, about €300
Type of employment: e.g. Civil Servant, self-employed None
In general are you:
(a) spending more than you earn, or
(b) saving?
Saving
Rough estimate of value of home Renting
Amount outstanding on your mortgage:
What interest rate are you paying?
Other borrowings – car loans/personal loans etc. None
Do you pay off your full credit card balance each month? No credit card
If not, what is the balance on your credit card?
Savings and investments: €20,000 in BoI Life, €5,000 current account Ulster Bank
Do you have a pension scheme? No
Do you own any investment or other property? No
Ages of children: None
Life insurance: No
What specific question do you have or what issues are of concern to you?
The investments I have aren't performing (0% after 5 years) and I'm looking to change it but I'm finding it fairly confusing. The question I have is: how much return will I get? This doesn't seem to be answered anywhere, nor do I get a decent summary of what investment options are out there at what risks and what return.
Do I have to just go into every bank and stockbroker and ask them what investments they have?
Also, is it a good idea to keep my emergency fund as a current account, or should I close it and put it all into a deposit account?
I saw someone mention a 'Best Buy Thread' but I didn't see it on this forum, can someone point me to it?
Thanks for any help
Spouse’s/Partner's age: N/A
Annual gross income from employment or profession: €0 (€750 a month dole)
Annual gross income of spouse:
Monthly take-home pay: If this means money after expenses paid, about €300
Type of employment: e.g. Civil Servant, self-employed None
In general are you:
(a) spending more than you earn, or
(b) saving?
Saving
Rough estimate of value of home Renting
Amount outstanding on your mortgage:
What interest rate are you paying?
Other borrowings – car loans/personal loans etc. None
Do you pay off your full credit card balance each month? No credit card
If not, what is the balance on your credit card?
Savings and investments: €20,000 in BoI Life, €5,000 current account Ulster Bank
Do you have a pension scheme? No
Do you own any investment or other property? No
Ages of children: None
Life insurance: No
What specific question do you have or what issues are of concern to you?
The investments I have aren't performing (0% after 5 years) and I'm looking to change it but I'm finding it fairly confusing. The question I have is: how much return will I get? This doesn't seem to be answered anywhere, nor do I get a decent summary of what investment options are out there at what risks and what return.
Do I have to just go into every bank and stockbroker and ask them what investments they have?
Also, is it a good idea to keep my emergency fund as a current account, or should I close it and put it all into a deposit account?
I saw someone mention a 'Best Buy Thread' but I didn't see it on this forum, can someone point me to it?
Thanks for any help