Keen to make the most of your money? Considering investing your money for the first time? Read Moneycube’s 5 practical tips for the beginner investor before you take the plunge. 1. Start small… and make it a habit Investing is not only for the wealthy – it’s for those who want to become wealthy. What’s … Continued
Moneycube believes we should all take control of our money. But that doesn’t mean you should do everything yourself. Putting your investment plans together isn’t as easy as assembling a flat-pack (and even that gets complicated). Here are some reasons to think twice before getting your financial overalls on, and to consider web-based financial advice … Continued
Passive investment funds have made investing cheaper and better – whether you use them or not! We’ve been blogging on Enough.ie about the benefits of actively managed investments vs passive, or indexed funds. What’s the difference? Actively managed funds are run by a fund manager who – as the name suggests – is actively trying to grow … Continued
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
