Hi there,
Mr Bear was made redundant recently and at the moment is still looking for work. I am also expecting - so given the goings-on with the Euro etc would rather our money be safe!!!..
Listening to Constantine gurdgiev on the Eamon Dunphy show was frighting on Sunday am!.
So Mr Bear and I have thought about alternative options. We have thought about spreading our savings and buying stocks issued by cash rich companies - such as microsoft.
Is this a mad idea, if not where would we go if we were to buy stocks?
P..
Hi there,
Mr Bear was made redundant recently and at the moment is still looking for work. I am also expecting - so given the goings-on with the Euro etc would rather our money be safe!!!..
Listening to Constantine gurdgiev on the Eamon Dunphy show was frighting on Sunday am!.
So Mr Bear and I have thought about alternative options. We have thought about spreading our savings and buying stocks issued by cash rich companies - such as microsoft.
Is this a mad idea, if not where would we go if we were to buy stocks?
P..
I even fear the PO! ..
We are a tracker 1.5% above ECB
So that's what, 3.75% overall? You can get fixed term accounts in the bank paying more than that.
You could always keep some of the lump sum (3-months of outgoings) and put the rest into your mortgage, if that's what you really want.
But it looks like ECB interest rates are going to be on the way back down again (Germany is having growth problems).
For me, if my wife was expecting (we had our 1st child last Dec) I'd want the warm feeling of a big chunk of money sitting in the bank. Nothing speeds up the Irish medical system better than saying "I can go privately..."
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