Where is appropraite to put a €100K retirement lump sum?
Tyring to balance high interest saving rate with security of money. AFAIK Anglo have the best deposit rate but I imagine they may not last the year...
does one get the lump and interest accumulated in the Gov bank scheme if they did go bust?
I notice Investec are mentioned somewhere else....are the covered under the givernment scheme?
Was thinking of going with a mixture of bank deposit accounts and prize bonds for now - is this a good plan?
Was thinking of putting €80 on deposit over maybe 4 banks (including Anglo)
10K in Prize bonds and 10 in shares (maybe fund that tracks performance of a market eg Quinn Life) or maybe high yielding stocks as Lemur mentions
Lemur....where can I find out about stocks that pay 20% divs?
As long as you are aware the higher the return, the higher the risk.
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