Lots of investors in Ireland are advised by Irish brokers to put their money into capital protected investments. At Moneycube, we believe these investments aren’t right for most people. Capital protected investments (also sold as kick-out bonds, tracker-bonds and guaranteed structured products) are sometimes presented as a one-way bet. You might think your capital is guaranteed, … Continued
Update 29 Jan 2020: Irish property funds under pressure as investors rush for the exit. Read Moneycube’s view There’s no getting away from Irish people’s love of property investment. Now buying a house to live in might be increasingly difficult. But commercial property investment funds offer you a bite-sized way to get financial exposure to … Continued
Some people use the words saving and investing interchangeably. At Moneycube, we believe the key distinction is how you build the money up. Savings are what you are tucking away regularly. Most people would like some savings for short- and medium-term financial goals like a new car, or an emergency fund. Savings are often – … Continued
There is a lot of evidence that we postpone retirement planning because we find it too complicated and overwhelming. Don’t. When it comes to sorting your pension, you won’t sort it all at once. What’s important right now is to start as soon as you can, obtain the tax advantages, and get into a … Continued
And they’re off! After taking a break for the summer sales in June and July, the negative impact of inflation on your bank savings started to look obvious again in August. Prices were up 0.4% by comparison with last year. If you have a lump sum on deposit, inflation means that even as you’re reading … Continued
Investing is easier, more accessible and quicker than you think. What’s holding you back from investing your money? Moneycube examines five common investing myths, and explains the reality, so you can be confident in putting your money to work. Investing myths #1: it’s only for the rich Top of the list is the idea that … Continued
Five questions really count if you’re planning to invest a lump sum. 1. How much work you’re prepared to do Some investments need more of your attention than others. The great thing about placing a lump sum in an investment fund is that your money is managed professionally on your behalf – both by the … Continued
Even the best bank in Ireland is charging you way over the odds for basic services. It’s well documented that Irish people and businesses pay more and get less from their banks, compared to other European countries. (Take a look here, here and here for evidence). But now we know that Sparkasse, a major German … Continued
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
