Sometimes, the best thing you can do with your investments is… nothing. Like most successful game plans, long term investing demands patience. One of the most successful approaches you can take to investing is to place your money into investments that have good growth prospects, and leave them alone for a decent period of time. … Continued
Start at the end With €50,000 to invest, it’s well worth considering your goal. What’s the money for, and how much will you need? Everything else is working back from here. Avoid extremes Deciding your goal will reveal the most suitable investment type. At this kind of money, best avoid extremes. Except if you need … Continued
A recent report was pretty downbeat on financial prospects for Generation X. Here are some Monday morning reasons to be cheerful if you feel like you’re in the squeezed middle. You’ve got time Money needs time to grow. The good news is that Generation X-ers have the time to put some money aside and get … Continued
June inflation figures mean your money buys a little less this month. At Moneycube we believe more people should think about investing their savings for growth. 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 continue at near-zero … Continued
Here’s our outline of some real investment risks you’re taking with your money, and how to manage them. You’ll find a full evaluation of your attitude to investment risk when you use Moneycube’s online investment service. 1. Missed opportunities Taking no risks is a risk in itself! Lots of us fail to give our money … Continued
Jan 2024 update: Our more recent post highlights the best investment opportunities for your money in 2024. Question: Where’s the best place to invest your money in 2017? Answer: it depends. And if anyone offers you ‘the’ answer to this question, it is almost certainly too good to be true. There is no single best place to … Continued
Paying yourself first is probably the oldest rule in the book. The idea is simple. When income lands in your current account, before you do anything else, put some away in regular investments and savings. And first means first: before your housing, food or other costs. Your wealth is the most important thing Clearly your … Continued
We all want to build up our money – the hard bit is figuring out how you’re going to do it. At Moneycube, we see three main kinds of investor. Read our profiles below, figure out where you fit and get some ideas on how you might get your money working better for you. The … Continued
Compounding is about getting interest on your interest, rather than just on your original money. Over time, this has a massive effect on the growth of your savings. And investment funds are a great way to get compounding to work for you. Here’s why. The maths is in your favour Take an example of €10,000 … Continued
