Tax-free €3,000

Tax is complicated and expensive, so Moneycube loves simple ways to save on it.  Here’s one of our favourites – the small gift exemption. This tax break lets anyone give another person up to a €3,000 per year gift without triggering a tax charge for the giver or the receiver.  We find it a great … Continued

Woodford fund suspension: how are Irish investors affected?

Investors in the UK-based Woodford Equity Income fund have been unable to withdraw their money since 3 June.  What’s happened, and what are the lessons for Irish investors? What’s happened? Woodford Equity Income was formed in 2014 and quickly grew to over £10 billion in assets.  Some of those assets were invested in smaller, private … Continued

When can I retire if I was born in 1970?

Are you are a 1970s child and want to know when you can retire? In order to receive the State pension in Ireland, you’ll be waiting until at least 2038. But by making some changes now and taking charge of your pension plan, you might not have to wait that long to stop working. In … Continued

Standard Life GARS fund: time to head for the exit?

Is your money in Standard Life’s GARS fund?  If the answer is yes, it’s time to review your investment strategy – and the advice you’re getting. The Global Absolute Return Strategies fund has been a favourite for Irish financial advisers and brokers in recent years.  We’re wondering why. Got money stuck in GARS and wondering … Continued

Best place to invest money in Ireland in 2019

  Jan 2024 update: Our more recent post highlights the best investment opportunities for your money in 2024. Welcome to Moneycube’s annual roundup of the best investments available in Ireland. We’ve chosen five funds we think have strong potential, in 2019 and beyond. Whether you’re a new investor, looking to invest a large lump sum, or seeking … Continued

How to measure investment fund performance

Clearly the performance record of growth of a fund is of great interest.  But what counts as good investment fund performance?  In fact a fund’s track record over one, two or three months is of little interest to the medium-term investor. Here, Moneycube explores what really matters when looking for a strong-performing investment fund in … Continued

Can I afford to invest? Three questions before taking the plunge

Thanks to the web, investing your money in Ireland is easier than ever.  It’s also more affordable than ever, with Moneycube offering access to regular investments from just €250 per month, and lump sums from €2,500. But the basics still apply when figuring out if you can afford to invest.  Read on to learn more … Continued

What’s an index fund?

An index fund is a type of fund designed to track the performance of a particular market as closely as possible. The aim is to replicate the performance of that market, while keeping costs as low as possible, by setting the fund on ‘autopilot’, and reducing the need for expensive fund managers. Index funds in Ireland … Continued

Should you invest in UK-focused funds?

If investing is about putting your money into high-quality opportunities at fair prices, now could be a great time for Irish people to consider UK-focused funds. We explain why, and suggest a couple of options that could do the trick for Irish-based savers. Before we start – remember this isn’t an investment recommendation.  If you’d … Continued