Placing Deposit with Online Platforms

greeneman

Registered User
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81
Sold up a property. Thinking of investing in Shares, even though market is very high.
Short term I am holding cash. Earning zilch.
Mortgage paid, happy with pensions.
Would like to help children over next 10 years.
Would take out cash and gift 6k each per annum. Better to invest.
Bank of Ireland pay 1%.
Revolut and T212 pay more line 2.4%. And I can buy a share quickly and cheaply if opportunity arises.
BUT ...... I am used to Bank of I. How safe is it to put 150K into REv or T212 ?
 
How safe is it to put 150K into REv or T212 ?
You might be better off lodging a maximum of €100K in different banks that offer the €100K deposit guarantee just to be on the safe side.
 
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