boomboom4780
Registered User
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- 23
You may want to consider the implications of locking your money away for 14 months. There is still a lot of uncertainty around the Eurozone and the Euro currency. The media are quiet on it at the moment but it doesnt mean a lot of the issues have gone away.
It may be prudent to put your money in an account where it is still accessible.
I'm in a similar position to the OP and was looking at the 5.5yr State Savings Certificates. I'm a little nervous about putting it away for so long - does anyone have any advice on whether they think that's a good idea or not? Or any alternatives to recommend?
CiaranT, I've been doing some googling since I read your reply this morning as, I have to admit, I wasn't too sure what this meant. I now understand the question but not how to assess the answer. I saw on a old thread from 2010 that you were of the opinion back then that state savings were best avoided because of the risk of a default. What do you think now? Would I be safer with a bank (e.g. KBC)? I'd like to make the best interest but not at any risk to my capital.Are you okay with your money being in Irish sovereign debt for the next 5 years 6 months?
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