Hi
Having used Best Buys advice for many years I am struggling to know what to do with substantial funds due to poor interest rates.
Current situation:
€100K in BOI - just matured
€100K in AIB
€100K Nationwide UK: 1 year
€100K PTSB: 1 year
€100K KBC: 1 year
Maturity dates on all of the above vary.
The rate in BOI is only 1% approx. so reluctant to put in there again now that it has matured. I have spread the funds purely to get the government guarantee but not sure what to do with matured BOI funds.
I'd appreciate any advice in order to maximise the returns. With these overall funds should I be looking at buying property or other investment options.
Thanks
MFK
Having used Best Buys advice for many years I am struggling to know what to do with substantial funds due to poor interest rates.
Current situation:
€100K in BOI - just matured
€100K in AIB
€100K Nationwide UK: 1 year
€100K PTSB: 1 year
€100K KBC: 1 year
Maturity dates on all of the above vary.
The rate in BOI is only 1% approx. so reluctant to put in there again now that it has matured. I have spread the funds purely to get the government guarantee but not sure what to do with matured BOI funds.
I'd appreciate any advice in order to maximise the returns. With these overall funds should I be looking at buying property or other investment options.
Thanks
MFK