Hello,
I am saving 125 euro a week. It is going into a savings account, but i am interested if i could do a bit more with it. I have plenty of patience but no knowledge on investing money.
The question is, would i be better of saving the money into a quinn life fund for 10 -15 years, saving money into it monthly, or invest 3000 euro in various shares and waiting to see what happens that way.
The pro with the quinn life fund would be the simplicity and ease. With shares, i am having a hard time with finding a local broker, or a recommended online trading site (since there are so many). Another option would be to use AIB online trading, which uses Goodbody (as a nominee account). If the cons listed on a key post about nominee accounts does not apply to Goodbody, then i wouldnt mind trading through them (chasing paperwork etc).
Any advice will be grateful.
Kye.
I am saving 125 euro a week. It is going into a savings account, but i am interested if i could do a bit more with it. I have plenty of patience but no knowledge on investing money.
The question is, would i be better of saving the money into a quinn life fund for 10 -15 years, saving money into it monthly, or invest 3000 euro in various shares and waiting to see what happens that way.
The pro with the quinn life fund would be the simplicity and ease. With shares, i am having a hard time with finding a local broker, or a recommended online trading site (since there are so many). Another option would be to use AIB online trading, which uses Goodbody (as a nominee account). If the cons listed on a key post about nominee accounts does not apply to Goodbody, then i wouldnt mind trading through them (chasing paperwork etc).
Any advice will be grateful.
Kye.