What's the Best Home for My Eur 15k in Savings? ; Finance [Eire Region]

Summary


Q I have EUR 15,000 to invest and in looking for a secure investment I have been weighing up the alternatives of Saving Bonds, Savings Certs and the new Solidarity Bonds. I am finding it hard to choose. Have you any advice?

A ALL of these schemes are covered by a state guarantee and they are about as secure as you can get. It's hard to envisage any government defaulting on this guarantee in any circumstances short of a global financial meltdown - and even then, every effort would be made to protect relatively small depositors because to do otherwise would only deepen the recession.

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Extract


What's the Best Home for My Eur 15k in Savings? ; Finance [Eire Region]

In choosing between the options you have outlined, you must first consider how long you expect to be able to leave your money untouched.

With all of these schemes you can access you...

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