Hi All,
I have €200k in a CA from the sale of the family home doing nothing.
I want to buy my own home over the next 12-18 months but I have a comfortable rental arrangement at present and I can afford to sit tight until I find the 'right house' for me.
My question is, what do I do with the €200k in the interim?
Lightning's recent post lists several demand deposit products with foreign/online/investment banks.
I'm thinking of splitting the €200k across 2-3 demand or short-term deposit accounts, but I'm overwhelmed by choice and somewhat wary of the online-only/investment bank options.
Any suggestions on how I might deposit the €200k would be very much appreciated.
My requirements are:
1. Zero Risk
2. Maximise my return
3. Easy Access (1-30 days max)
I have €200k in a CA from the sale of the family home doing nothing.
I want to buy my own home over the next 12-18 months but I have a comfortable rental arrangement at present and I can afford to sit tight until I find the 'right house' for me.
My question is, what do I do with the €200k in the interim?
Lightning's recent post lists several demand deposit products with foreign/online/investment banks.
I'm thinking of splitting the €200k across 2-3 demand or short-term deposit accounts, but I'm overwhelmed by choice and somewhat wary of the online-only/investment bank options.
Any suggestions on how I might deposit the €200k would be very much appreciated.
My requirements are:
1. Zero Risk
2. Maximise my return
3. Easy Access (1-30 days max)