N
nutty
Guest
Age: 31
Spouse’s/Partner's age: 31
Annual gross income from employment or profession: 60K including bonuses
Annual gross income of spouse:29K
Type of employment: Both private sector. Both jobs as secure as they can be
In general are you:
saving? YES
Rough estimate of value of home Purchased in July 2008 (market had cooled somewhat for 375K. Not Sure now? 320K??
Amount outstanding on your mortgage: 283K
What interest rate are you paying? Tracker ECB +1.05%
Other borrowings – car loans/personal loans etc None
Do you pay off your full credit card balance each month? YES
If not, what is the balance on your credit card?
Savings and investments: About 53K in various Credit union accounts
Do you have a pension scheme? Yes. Non contributory pension and contribute 3% (3% matched by employer) per month salary to it. Equity based. Work scheme
Do you own any investment or other property? Have approximately 31K dollars of shares in company shares. Decent dividend
Ages of children: NONE
Life insurance: Both covered for 300K each
What specific question do you have or what issues are of concern to you?
I realise I should probably put a least a chunk of my savings in a better interest yielding location yes?
Am I over exposed to shares having a lot of company shares and my AVC's is currently mostly in shares. Or am I fine considering my age?
Im happy at the moment on the tracker mortgage. as we are overpaying by about 500 euro a month. Should I divert this money to a high interest account instead?
We are still unsure if where we are living will be where we are living in 3 to 5 years.........thats my only real worry. If I had to sell, hoping not to be in neg equity and not having a hope in hell of getting a tracker tha next time out, albeit we'd be talking about cheaper prices
Spouse’s/Partner's age: 31
Annual gross income from employment or profession: 60K including bonuses
Annual gross income of spouse:29K
Type of employment: Both private sector. Both jobs as secure as they can be
In general are you:
saving? YES
Rough estimate of value of home Purchased in July 2008 (market had cooled somewhat for 375K. Not Sure now? 320K??
Amount outstanding on your mortgage: 283K
What interest rate are you paying? Tracker ECB +1.05%
Other borrowings – car loans/personal loans etc None
Do you pay off your full credit card balance each month? YES
If not, what is the balance on your credit card?
Savings and investments: About 53K in various Credit union accounts
Do you have a pension scheme? Yes. Non contributory pension and contribute 3% (3% matched by employer) per month salary to it. Equity based. Work scheme
Do you own any investment or other property? Have approximately 31K dollars of shares in company shares. Decent dividend
Ages of children: NONE
Life insurance: Both covered for 300K each
What specific question do you have or what issues are of concern to you?
I realise I should probably put a least a chunk of my savings in a better interest yielding location yes?
Am I over exposed to shares having a lot of company shares and my AVC's is currently mostly in shares. Or am I fine considering my age?
Im happy at the moment on the tracker mortgage. as we are overpaying by about 500 euro a month. Should I divert this money to a high interest account instead?
We are still unsure if where we are living will be where we are living in 3 to 5 years.........thats my only real worry. If I had to sell, hoping not to be in neg equity and not having a hope in hell of getting a tracker tha next time out, albeit we'd be talking about cheaper prices