Search results

  1. A

    Risk of investment on various web platforms

    Very interesting. Thanks Marc.
  2. A

    Risk of investment on various web platforms

    Just wondering if I was to invest 800k into say ETFs would I be better to spread it around a number of platforms? Is there a risk with the provider themselves?
  3. A

    Attic Conversion & Certification

    We went through a purchase recently and there was a converted attic. There was no requirement for planning permission but we were advised by our surveyor to get compliance documentation certifying exemption from planning and compliance with building regulations. The vendor got a document from...
  4. A

    Trading up - self employed & tracker

    Just one item on the proof of income. As self employed they will take your last two Form11 submitted to revenue, so that is 2015/2016. At least that was the case for us in KBC recently. They wouldn't use my P60 last year which was annoying. So if you didn't pay yourself much in 15/16 it could...
  5. A

    Parental leave and mortgage

    That is interesting about the difference with the KBC process. We got preapproval with EBS 15 months ago and they said they could include changes to our circumstances that would occur within six months of the date of application for preapproval (if they could be stood over). The reality for us...
  6. A

    Parental leave and mortgage

    I have just been through this with KBC. My wife is a public servant and has been taking unpaid parental leave for one day a week. She will be back to full time in early May. We got an earnings cert from her employer which earning are 40 now going back to 50 in May. For our approval in...
  7. A

    €300k cash but company worth €3m

    Thanks for the general advice. In relation to selling the company, I am not the only one involved and we want to wait until turnover hits a certain mark. Will be a couple of years.
  8. A

    €300k cash but company worth €3m

    Hi, I wanted to get an opinion on my finances. I have about 120k in a private pension in ETFs I own about 3m worth of shares in my company. Company doing well but relatively hard to get to make liquid. I sold my house and have around 300k lump. I am going to rent for a couple of years until I...
  9. A

    Trading up - buyer chains

    Hi. I haven't look to move since early 2000s but have started to consider it. When speaking to my bank they said that sales chains are not really done any more i.e. buying a selling at the same time. I was told that people sell their house and then move into parents or rent for a short while...
  10. A

    Diversification

    Hi, I may have some money to invest soon, and was thinking of putting into ETFs as the return on cash seems poor. For instance if I had 300k would it be considered diversification if I put it into three or four different kinds of ETFs i.e. property / shares/ energy. Or would it still be...
  11. A

    Sell my home or rent it out?

    Thanks for the information guys. I see the advice leans away from our idea of renting out our place and renting a bigger house. We might go back to either selling or staying put. Thanks for taking the time to respond!
  12. A

    Sell my home or rent it out?

    Thanks for the detailed observations Gerard123. I can't argue with much of what you have said, that is why we are not thinking of buying in the next few years. We had (almost) settled on renting. The money in the business maybe realised in 3+ years. I didn't really want to wait that long to...
  13. A

    Sell my home or rent it out?

    Age: 41 Spouse’s/Partner's age: 40 Annual gross income from employment or profession: 68000 (Self Emp) Annual gross income of spouse: 65000 (Public Servant) Monthly take-home pay: 6300 combined Saving 800 a month Rough estimate of value of home 575K Amount outstanding on your mortgage: 200...
  14. A

    Sell my home or rent it out?

    Some figs: I would rent it out for about 2k and would need to spend up to 3k to rent a house. I have a mortgage of about 200k. 50k of it is at a variable rate (for extension) the 150k is on a tracker. I would get about 550k for the house if I sold it, but I don't have the money to move so...
  15. A

    Sell my home or rent it out?

    We are with EBS. One thing I forgot to mention if we rent out our place, we would need to pay a good bit on renting a bigger home.
  16. A

    Sell my home or rent it out?

    Hi, I am looking for some advice on whether to sell my house or rent it out. Background, I bought a small house when I was single close to city center. In the meantime I married and had two kids. We built an extension and have the house in great condition, however there is no back garden or...
  17. A

    working with two other guys in a small business. Non compete clause

    These two clients are our two largest accounts. We have maybe 15 clients, but these two contribute about 50% of turnover. If I take them it will have a serious impact on the business. Given this I dont think that the news will just be accepted casually.
  18. A

    working with two other guys in a small business. Non compete clause

    No time limit - is that good or bad?! It would seem, from what I have read, that open ended clauses like that are not really enforceable? Thanks
  19. A

    working with two other guys in a small business. Non compete clause

    Hi, I am working with two other guys in a small business. We have been working a number of years together but now I want to leave (and take two clients). I signed a clause in agreement saying that I would not compete against the company (no mention of clients). Does anyone know if these are...
  20. A

    Business breakdown

    Hi, Myself and a few friends started a web startup 6 months ago. Since then we have had internal strife and one guy wants to leave (and we want him to leave too). He owns 25% of the business. We are only getting to the sales point on the business, so there is no regular way to value the...
Back
Top