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
Most people’s investment and pension aims are pretty simple. To build up a nest egg for a house, a car, an education. And to retire with a pension that lets you maintain your lifestyle, and maybe travel or do more of what you like to do. Why should that be so complicated? Investing can be … Continued
In the company of some great Irish financial commentators, Moneycube’s been blogging again on Enough.ie on alternatives to invest your savings in Ireland. Click through to read more from the investment experts about the perfect investment, alternatives to leaving your cash in the bank, investing in gold and more. When you’re done, come back to … Continued
It’s almost never too early to start investing. Moneycube takes a look at how much you need to start. What’s the minimum? As technology drives down the cost of accessing investments, it’s now possible to invest your money from €250 per month using Moneycube’s online service. You can also give your savings plan a head … Continued
Great news – you’re retiring and can take a tax-free lump sum. But what should you do with the money? Moneycube identifies the three approaches to investing your lump sum. What’s the deal? The ability for holders of PRSAs and personal pensions in Ireland to take 25% of their pension as a lump sum on … Continued
So, the inevitable has happened, and stock markets have taken a tumble over the last few days. Markets ended last week down around 5%. It’s mainly due to the expectation that US and UK interest rates will climb, as their economies strengthen – on the face of it, a positive thing. What is the sensible … Continued
