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 simple

It sometimes seems the investment industry has set out to make this harder than it needs to be.

Moneycube’s aim is to change all that.  We want investing to be as simple as possible.

So here’s our top 3 reasons investing is difficult, and what you should do about that to keep your financial future on track.

1. People are trying to confuse you

Unfortunately, many in the financial advice world make their money by making what they do seem more complicated than it really is.  If it sounds complicated, it must be valuable – right?  The same people often keep very quiet about the fees they charge.

We think both of these approaches are wrong.

What you can do about it?  Demand clarity on fees.  At Moneycube, we spell our fees out right at the start, and we’re campaigning for more openness in the industry.

2. Too much choice

When it comes to investing and retirement planning, there are just too many options to choose from.  PRSA, property, personal pension: which is right for you?

In these circumstances, it’s not easy to know what the best choice is for your particular circumstances.

What can you do about it?  Remember that the basics are always the same:

  1. Don’t put all your eggs in one basket
  2. Save regularly, rather than waiting for a windfall
  3. Don’t be excessively concerned with ups and downs in the market

3. Investing is a long-term game

Because investing is best done over the course of years, not months, it’s easy to put it off.  That way, you will never make a bad investment.

In fact, doing nothing is perhaps the biggest risk of all.  You’ll risk ending up with no nest egg, and a pension which won’t support the life you’d like to live in retirement.

What can you do about it?  Be not afraid.  Investing, whether for general wealth or for retirement, is about taking sensible decisions which are appropriate to your circumstances.

Make a start – or review your current position – with Moneycube today.

By investing €400 a month you could save €27,900 in 5 years

Using our "Picture your money" tool, you can find out how your money could work for you.

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Note: This is an initial indication to help you picture your money. Remember that with investments it is not possible to know for certain what returns you will achieve. Please note the investment warnings at the bottom of the page. This is the approximate before-tax return on an investment which grew at 6% over 5 years.


Should you be doing more with your money? Our free ebook guides you through your investment options and shows you how to avoid the investing pitfalls that could derail your finances.



How to get started investing in Ireland