We all want to do what’s best with our money. Figuring out what’s best is a little more difficult. For sure, no-one wants to be left feeling they made an investment that won’t perform. But it’s just as important to avoid waiting forever for the “perfect” savings opportunity to come along. The trouble is, perfection … Continued
At Moneycube we strongly believe in bringing transparency to investors. For too long, investing has been made seem mysterious – usually in order to charge excessive fees. Here’s Moneycube’s rundown on advisor fees to consider for when investing. Pay direct, or via commission Fees mostly come in two basic flavours: ongoing, and one-off fees – explained … Continued
Investing your money can get complicated. Here’s Moneycube’s roundup of the investing mistakes we spend time talking people out of. No goal It’s always better if you start with your end in mind. What is successful investment for you? If you’re 30 and tucking away surplus cash, it’s going to look a little different from … Continued
There’s a revolution going on in the global investment industry right now. Passive investing is eating active managers’ lunch. A deluge of money is being taken out of actively managed funds, and placed in passive, or index funds. Those highly-paid people in pinstripes are losing out to computers which can be set to track an … Continued
Remember the Special Savings Incentive Account (SSIA)? It’s been ten years since these matured, creating a nest-egg totalling €14 billion. 1.2 million Irish people took one out. It was a no-brainer: every €4 you put in, the state added €1. A five-year savings plan, with a 25% top-up, guaranteed. The average age of SSIA account … Continued
July inflation numbers are out, and for the canny saver, it could be worse. With the summer sales, prices remained flat. But it’s a strange world where watching your money tread water is a good result. At Moneycube, we believe more people should think about investing their savings for growth. One big reason for that … Continued
Robo-advice is changing how people in Ireland build their wealth. We’ve been blogging on Enough.ie about robo-advisors, and how they can help you take charge of your finances. What’s robo-advice? Robo-advisors, or automated investment advisors, are platforms that use algorithms to handle parts of the investment process. That reduces the need for human involvement. It means cheaper, … Continued
There are many reasons you could run in to €2,500. (Here’s one way). The important thing right now isn’t how you got it, but what you’re going to do with it. Is it worth investing it? Some might spend it on a holiday or retail therapy. Others however, want something to show for their money. … Continued
It’s been ten years since the global financial crisis kicked off. Our founder Ralph Benson has been blogging on Medium about how the financial crisis changed people’s behaviour permanently. In particular the crisis made us see the need to take charge of our own finances – which is why Moneycube exists. Click here to read … Continued
