Euro long term investment

[IBenny]

I have €120.000 to invest for 5 years or more. I don't have any loans that I have to repay and am not waiting on the money.I would like to know what would be a low to medium risk investment with as high an interest rate ad possible. I was with Irish state savings in the post post office for the last 5 years and got 3.5% but they are only paying 0.5% now.

 

[Sarenco]

5-Year State Savings Certificates will give you a, tax-free, return of 5% on maturity.

You won't do better than that in the current environment without taking on additional investment risk.

 

[IBenny]

Many Thanks

 

[ClubMan]

I have €120.000 to invest for 5 years or more

Is this separate from the €50k mentioned here?

Investment advice

I have €50,000 to invest for at least 10 years in the Republic of Ireland. What is the best investment institutions that i can invest in with the best interest rate andreasonable security of my money. I have no need for this money as i have paid off my morgage and have no outstanding debts. I am...

www.askaboutmoney.com

Is it the same €120k as mentioned here?

Euro long term investment

I have €120.000 to invest for 5 years or more. I don't have any loans that I have to repay and am not waiting on the money.I would like to know what would be a low to medium risk investment with as high an interest rate ad possible. I was with Irish state savings in the post post office for the...

www.askaboutmoney.com

 

[ClubMan]

Euro long term investment​

I have €120.000 to invest for 5 years or more.

5 years is arguably not "long term".
More like "medium term".
If this is the same €120k as here 5 years ago

Euro long term investment

I have €120.000 to invest for 5 years or more. I don't have any loans that I have to repay and am not waiting on the money.I would like to know what would be a low to medium risk investment with as high an interest rate ad possible. I was with Irish state savings in the post post office for the...

www.askaboutmoney.com

then you are almost certainly losing out on better returns by putting it in a low to medium risk investment for chunks of 5 years instead of taking a longer term view and investing in, say, equities as I mentioned here:

Investment advice

I have €50,000 to invest for at least 10 years in the Republic of Ireland. What is the best investment institutions that i can invest in with the best interest rate andreasonable security of my money. I have no need for this money as i have paid off my morgage and have no outstanding debts. I am...

www.askaboutmoney.com

To be honest, you might be better off posting a Money Makeover thread so that people can offer useful advice based on a better understanding of your overall finacial/personal circumstances rather than just focusing on individual pots of money with little or no context.

Money makeover

Budgeting and dealing with debt moved to Mortgage Arrears and Debt Forum .

www.askaboutmoney.com

 

[Marc]

Agree completely with @ClubMan here. It’s counterproductive to seek advice on “pots” of money in isolation of your overall position. That’s why professional advisers complete a detailed fact find.

However, as noted elsewhere on this forum your best bet for cash which you absolutely cannot invest appropriately long term in a pension or other more suitable investment (classic example might be school fees planning) then Irish government bonds offer a low risk fixed term investment with tax advantages if you buy a bond currently trading at a discount to par.

I updated my analysis on this just recently

Marc Westlake CFP, TEP, EFP, APFS on LinkedIn: Increases in interest rates mean falling bond prices and rising bond…

Increases in interest rates mean falling bond prices and rising bond yields. Capital Gains on Irish Government Bonds held by Irish Residents are free from tax…

www.linkedin.com