BoscoTalking
Registered User
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Ages:42
Children: 12, 11
Income and expenditure 75k & 46k corporate & public service respectively
Monthly take-home pay (2600+2000 pm) (low now as pensions are maxed at source) & childrens' allowance.
Borrowings, none. We save.
Life assurance in place no income protection outside of my job,
Do you own any investment or other property? No
Family home worth €400k with no mortgage - paid off last year. Started buying PO Bonds more regularly after that but there is little interest so have stopped at 40k.
Savings; Cash of €80k, PO 10 year bonds; 40k
Pension irish life : €480k corporate (6%matched by employer )
Shares: €200k
What specific question do you have or what issues are of concern to you?
We can save now about 1,500 - 2,000euro pm now that our mortgage is cleared.
Reading back we are not complete scrooges - we do go on a 2 week holiday every year and avail of Ryanair city breaks with the kids maybe every 4 / 5 months that they love, and outside of that are pretty minimalist. Kids enjoy sports and go to public school and will do so in secondary school which is in walking distance. We run 2 cars but don't have to.
We want to invest the cash in something with a reasonable return, I'm not inclined to go into BTL or sending away for gold to stash under my floorboard so what else is there apart from the PO bonds? Any ideas on what would be good to get into?
Children: 12, 11
Income and expenditure 75k & 46k corporate & public service respectively
Monthly take-home pay (2600+2000 pm) (low now as pensions are maxed at source) & childrens' allowance.
Borrowings, none. We save.
Life assurance in place no income protection outside of my job,
Do you own any investment or other property? No
Family home worth €400k with no mortgage - paid off last year. Started buying PO Bonds more regularly after that but there is little interest so have stopped at 40k.
Savings; Cash of €80k, PO 10 year bonds; 40k
Pension irish life : €480k corporate (6%matched by employer )
Shares: €200k
What specific question do you have or what issues are of concern to you?
We can save now about 1,500 - 2,000euro pm now that our mortgage is cleared.
Reading back we are not complete scrooges - we do go on a 2 week holiday every year and avail of Ryanair city breaks with the kids maybe every 4 / 5 months that they love, and outside of that are pretty minimalist. Kids enjoy sports and go to public school and will do so in secondary school which is in walking distance. We run 2 cars but don't have to.
We want to invest the cash in something with a reasonable return, I'm not inclined to go into BTL or sending away for gold to stash under my floorboard so what else is there apart from the PO bonds? Any ideas on what would be good to get into?