If you’re in the habit of checking in on your investments every six months, you’ll have had a pretty uneventful investing year so far. Many equity funds are flat, or even slightly ahead for the six months to the end of June 2020. But that disguises one of the most dramatic periods for investors in … Continued
Category: Financial plan
A financial plan isn’t just a monthly budget. It’s a roadmap to financial freedom, confidence and security.
From how to choose a financial advisor to understanding common financial terms, our financial planning blog will help you move towards your financial goals.
Please remember that this blog is not financial advice. To receive advice using Moneycube, click here to contact us.
The government really wants you to save for your retirement. So they offer three great tax advantages to encourage you to save into your pension. Here’s Moneycube’s explainer on the three tax concessions for pension savers. Read how tax relief on pensions in Ireland works, how much you can claim, and how that will accelerate … Continued
This guest blog comes from our friends at MyWallSt, the Dublin-based investing platform that has helped millions of people own their financial future with a suite of digital tools that make it easy to start investing. In it, Michael O’Mahony explains two rules which have helped MyWallSt deliver market-beating returns year after year. The stock … Continued
With the shops and restaurants shut, I’m saving much more money. So what should I do with my extra cash? Is now the time to invest? – LB, Dublin One of the side-effects of lockdown has been a huge increase in household savings. In fact, Irish households added €3 billion to their savings during April. … Continued
Going for gold is the 3,000-year-old investment strategy. So is it the right choice for investors in Ireland? Gold has some characteristics that investors just can’t ignore. When governments print money, countries fight wars, or political uncertainty increases, share prices can come under pressure. But demand for gold grows. This is the scenario that is … Continued
Financial planning has a bit of a bad name: boring AND expensive. But done right, a financial plan is a roadmap to financial freedom, confidence and security. It’s true that you can spend a lot of money with some advisors, developing a plan covering all aspects of your financial life over many years. And if … Continued
Moneycube is often asked about the investment alternatives for someone with around €10,000 to invest. Is there a worthwhile alternative to leaving the cash in the bank? Yes, absolutely! We’ve set out some considerations for someone with this kind of sum to invest. An investment fund is ideal With €10,000 at stake, the risk of … Continued
When you change job, your pension options change too. It’s a great time to look at your pension provision and make some improvements. Typically, you’ll have three options for your pension when you leave your job. You can do nothing. You can move it into the pension that comes with your new job. Or you … Continued
Question of the month: I was considering an investment property at the start of this year. What’s the outlook for buy-to-let? – GL, Carlow The coronavirus outbreak is accelerating many changes in Ireland. Buy-to-let is definitely at the sharp end. At the start of 2020, a 7-year run of rising rents had already come to … Continued