Are your money plans financially fit? Here’s Moneycube’s one-minute financial health check-up on your investments. Take the pulse of your investments This spring has seen a marked rise in volatility in the markets. That will create winners and losers. Do your investments fit with your true appetite for risk and reward? If you invested some … Continued
Around 19,000 people move to Ireland from the UK to live each year. If you’re one of them, here’s our guide to the big questions when it comes to sorting the investments and pensions you’ve already built up abroad. Can I hang on to my existing ISA, investments and pensions? In general, you can hold on … Continued
Choosing the right financial adviser can save you a lot of time, money and hassle. Here’s Moneycube’s 5 point guide to getting the help you need, the way you want it. 1. Who needs advice? Before you jump in, think carefully about where advice will really be valuable. There’s no point in paying for something … Continued
Property and bank deposits are favourite investment classes for Irish people, but how do these investments compare with company shares? Moneycube has investigated the returns of each asset class since 2005. As the chart shows, investing in global stock markets at the start of 2005 would have produced by far the largest return. A notional €100,000 … Continued
If you’re looking to draw a regular income from your savings, it’s hard to ignore the need to invest it. With bank interest rates so low in Ireland, you’d need something north of €25 million on deposit to draw a €50,000 net income from the interest! That’s why many people have looked at investing some … Continued
So, after 13 years in Ireland, Rabodirect announced on 21 February that they are shutting the doors. Moneycube outlines some alternatives for the hungry saver. What’s happened? Netherlands-based Rabobank will close down its Irish operation, Rabodirect, on 16 May 2018. That gives its customers a bare 6 weeks to sort out an alternative home for … Continued
At Moneycube we believe more people should think about investing their savings. One big reason for that is that it is almost impossible now to make any money by leaving it on deposit in the bank. Deposit rates in Ireland continue at near-zero levels. Inflation’s off again But inflation has been climbing again, as data … Continued
Wondering if you should save or invest your money? For many people the answer is to do a bit of both. How much depends on what the money’s for, and your financial situation. Here are five occasions when investing’s probably the best approach. Before we start though, remember everyone’s situation is different – Moneycube will … Continued
We’re always being told we should save more into our pensions, but how much is enough? Here are three questions to ask yourself and help decide. 1. How much money will you need in retirement? Life is supposed to get cheaper in retirement. The mortgage is paid, and the kids have flown the next. So … Continued
