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mapmc
Guest
I have 60k to either invest,deposit or a combo of both.Are there any obvious investments tha will provide me with a better return then a deposit?
The failure of BES schemes is immense/ Do not touch them with a barge pole. Have yet to learn of any in the past 10 years that have shown any type of decent profit. be warned -- keep your money in your pocket.
whats a bes scheme ?
To get a better return than a deposit you need to invest in riskier assets than deposits. You also need to decide how much of your 60k you intend to leave in deposits and how much you intend to invest in riskier assets. Then you need to decide your allocation between riskier assets [which should ideally be done via low cost ETFs and not funds.] As to what your allocation in risky assets should be, you could profitable look at this post by Merbane Faber [broken link removed] that summarizes a range of asset allocations from respected investment gurus. There are in USD so you need to play around with them to determine what the equivalents would be from the perspective of a EUR investor. [Disclaimer: The above is comment / observation and is not a recommendation to follow any particular investment strategy or to buy / not buy any particular fund or stock.]I have 60k to either invest,deposit or a combo of both.Are there any obvious investments tha will provide me with a better return then a deposit?
Lastly, if you do pick a good company or a good fund it might actually be a chance for you as an investor to make some money and also help support a successful Irish company.