Hi,
First posting. I will soon receive about €500,000 after tax and transaction costs on the sale of a house. Given the state of the stockmarket at present, would I be better off leaving it on deposit, say in Anglo at 4.5% for a few months until things hopefully improve? I had intended investing it as I am not dependent on it.
if investing a sum as large as that you might consider getting professional advice. have you got a pension? in the short term you should place it on deposit while considering your options.
if you are investing for the long term the irish stock market should give you a good return as it is currently at historically low levels of valuation (but a stock market investment is never without risk).
Thanks for that.Webtax: yes I have a pension. I will get professional advice but will put it on deposit in the meantime. Sarsfield: your point has relevance for everybody at the moment I feel