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    Local authorities to offer cut-price mortgages to FTBs

    I'm going to change jobs, get the biggest gaff I can in Westmeath, Cavan or Leitrim for 250k. @25 yrs 2%, = 953pm. Rent out as many rooms as I can for 1,166 pm or 14k per annum. Govt can pay me to own a gaff. Might need 10 bed in Leitrim though.
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    Effects of N.Korea activities on market

    Be interesting to see how NK responds to todays actions. Do they back down due to China or go it alone and more volatile. Could be a major win for Trump if they back down, over China. Can't get over the low volatility in the markets at present. Keep an eye on events in Spain next week.
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    Fixed rate mortgages: Ulster bank 4 yr or KBC 10 yr?

    Search Karl Jeacle mortgage calculator. You could split mortgage say 50% 4yr fixed and 50% variable with UB. Gives you the option of holding out for lower rates on part of your financing in the future or cutting lump sums out of the mortgage.
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    Should I sell or rent?

    If you have a mortgage on house with AIB, you can probably carry balance of apartment mortgage onto house. Unclear if you are renting or bought house? AIB facilitate negative equity mortgages for suitable candidates. Know someone approved on this recently.
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    Effects of N.Korea activities on market

    NK are as likely to launch an ICBM tonight or later in the week after UN sanctions later tonight. I would fit the narrative as follows, NK hold off, Irma less damaging than feared (insurer's ramped & the possibility of them having to liquidate some equity positions to fund bill receded), FED...
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    Effects of N.Korea activities on market

    I feel like it's inevitable we wake up some morning and North Korea has landed a missile in Japan or South Korea. More likely by accident due to a disintegration. Markets will then gap like Brexit as we await a Trump response. Trump is the unknown here. A game of chicken played by two cocks...
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    is it better stick to euro based stocks

    Worth a read: https://www.bloomberg.com/amp/news/articles/2017-08-08/what-european-cfos-are-saying-about-the-threat-of-a-strong-euro
  8. I

    is it better stick to euro based stocks

    The 124€ discrepancy. Does it represent a 1%, 5% or whatever part of you portfolio. If it's sub 1% is it minimal? Are you calcs possibly just off? The settlement point of the day at which fx was fixed could be a factor? Regarding fx fluctuation concerns. Backtest against fx moves of 5-20% in...
  9. I

    is it better stick to euro based stocks

    You contradict yourself every time you mention how fx moves XYZ equity market and then reference how it can't be true because of the USD and the S&P. It's interesting your view can't be changed despite the number of examples and clear explanation. I do it for a living so, am pretty secure in...
  10. I

    is it better stick to euro based stocks

    I'll try one last time. You are NOT eliminating fx risk. You are concentrating that fx risk in the euro. Diversifying significantly reduces the fx risk. Most of the time, a very high %, equities move on the back of interest rate and fx movement. After that, a smaller % of the time, equities...
  11. I

    is it better stick to euro based stocks

    Yes, because the euro has a greater impact on its economy as Germany is one of the world's largest exporters. If you want to take the Eurostoxx50 at -2%. Well, then your diversified returns are at 0% versus -2% on the broad equity european equity market. Even better. It's like you are trying...
  12. I

    is it better stick to euro based stocks

    That's converted back to euro? Doesn't that show if you were diversified across 4 currencies, you would have better returns than if all in euro being down -1.6% on average against -3.59% in euro denominated dax. From two wks ago, I would have the following priced in euro approx: Dax -4% Ftse...
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    is it better stick to euro based stocks

    That's what i said, fx is a huge factor. If you had bought the dax two weeks ago, you would be down 7% or more. Euro is up similar. But, if all your income is in euro, well, you're just down 7%. If you bought the S&P, you would be up in asset price but down in USD terms. Diversifying the...
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    is it better stick to euro based stocks

    @OP equity markets tend to rally on weaker base currency, see FTSE on cable, Dax on euro weakness on QE, S&P on USD weakness on QE. With that in mind, owning european stocks as the euro rallies is unlikely to see you gain much from asset appreciation. As euro rises, foreign flows would leave...
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    Daughter - Institute of Ed 5th and 6th Year

    It appears to be the best outcome for: Health Stress Age Financially All in, seems like a positive outcome.
  16. I

    Buy back years or increase mortgage repayments

    Another option is reduce mortgage by up to 10yrs. 24yr mort @261k = 1,360pm @3.5% Interest paid = 125k 14yr mort as above = 2,000pm Interest paid 69k. You could also prob negotiate a better rate than 3.5% I personally don't think pensions will be what u expect in the future. Government will...
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    Renting out house whilst abroad; Tax implications

    Were you a FTB and did you get purchase on the new scheme?
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    Daughter - Institute of Ed 5th and 6th Year

    I went through four physics and two maths teachers in one year for LC in the "specialist school" i went to because the kids complained. The maths teachers were poor or had to work with a broad range of kids as opposed to a higher stream of kids looking for A's and i ended up doing it on my own...
  19. I

    New mobile phone which one should I get

    I think Virgin have some decent offers as they compete for market share. Have short notice termination in contracts i.e. not the 2yr contract. They piggy back off Three's reception.
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    Daughter - Institute of Ed 5th and 6th Year

    The first solution I would offer is stick out TY where she is. Obviously, I don't know the full issues, so that may be out of the question. Reason being, TY can be good in terms of reducing stress, especially if health is an issue at present. Is it possible she could wind down for a year, look...
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