Hi,
I have substantial deposits in An Post Saving Bonds & Certs. These deposits have unlimited protection via the Irish government sovereign debt guarantee. Other saving products offer very poor returns in comparison (after DIRT & PRSI in 2014). I realise that no one has a crystal ball but am wondering if continued savings with An Post (>€100K) is an unwise venture i.e. probably having too many eggs in the one basket?
(PS Thanks to CiaranT's most helpful Best Buys updates I also use PTSB regular savings products)
(PPS Mortgage is paid off and no borrowings - the savings are simply to supplement my employment retirement pension in approx 10 years time - as I expect the state pension will be means-tested at that stage).
Thanks in advance!
I have substantial deposits in An Post Saving Bonds & Certs. These deposits have unlimited protection via the Irish government sovereign debt guarantee. Other saving products offer very poor returns in comparison (after DIRT & PRSI in 2014). I realise that no one has a crystal ball but am wondering if continued savings with An Post (>€100K) is an unwise venture i.e. probably having too many eggs in the one basket?
(PS Thanks to CiaranT's most helpful Best Buys updates I also use PTSB regular savings products)
(PPS Mortgage is paid off and no borrowings - the savings are simply to supplement my employment retirement pension in approx 10 years time - as I expect the state pension will be means-tested at that stage).
Thanks in advance!