Background
31 years old, Bought a house in Dublin with my partner in earlier this year and have a mortgage balance of 355k with 29.5 years remaining. We are with BOI and fixed at 3% til March 2021 and currently overpaying the maximum 10% per month. I'll likely look into switching the mortgage when the break fees make it feasible and avail of the UB 2.3% rate.
We are currently in the process of building up a joint emergency fund of approx 15k and aside from the household expenses we manage our finances separately as we're not married and she has education loans and each like to spend our disposable income differently.
Query
Essentially my previous savings went on the house deposit so I'm starting from scratch again and would like to start investing for the long term as the returns on deposits are negligible and its never too early to start.
I'm in the position where'll I'll be saving between 3-4k a month for the next 18 months so want to use this opportunity to begin to build a long term portfolio that can then be managed and topped up as once my salary decreases again and I have less cash to contribute (likely 500 per month)
I've opened a Degiro account and begun researching options on ETFs vs individual share portfolio etc, any suggestions gladly welcomed!
tldr
31 year old looking for advice on how to invest 3k a month with a medium-long term horizon and medium risk appetite.
31 years old, Bought a house in Dublin with my partner in earlier this year and have a mortgage balance of 355k with 29.5 years remaining. We are with BOI and fixed at 3% til March 2021 and currently overpaying the maximum 10% per month. I'll likely look into switching the mortgage when the break fees make it feasible and avail of the UB 2.3% rate.
We are currently in the process of building up a joint emergency fund of approx 15k and aside from the household expenses we manage our finances separately as we're not married and she has education loans and each like to spend our disposable income differently.
Query
Essentially my previous savings went on the house deposit so I'm starting from scratch again and would like to start investing for the long term as the returns on deposits are negligible and its never too early to start.
I'm in the position where'll I'll be saving between 3-4k a month for the next 18 months so want to use this opportunity to begin to build a long term portfolio that can then be managed and topped up as once my salary decreases again and I have less cash to contribute (likely 500 per month)
I've opened a Degiro account and begun researching options on ETFs vs individual share portfolio etc, any suggestions gladly welcomed!
tldr
31 year old looking for advice on how to invest 3k a month with a medium-long term horizon and medium risk appetite.