Bear in mind that putting money in a deposit account is actually losing you money because of inflation and DIRT tax.
Not necessarily - especially if you deposit at c. 5%+ and consider HICP rather than CPI inflation (HICP is arguably a more meaningful measure of inflation for people who have no mortgages for example). Still - medium/long term it probably doesn't make sense to have large sums of money on deposit...Bare in mind that putting money in a deposit account is actually losing you money because of inflation and DIRT tax.
Bare in mind that putting money in a deposit account is actually losing you money because of inflation and DIRT tax.
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