share

informed decisions blog

Podcast79: Saving For A Deposit Over 5 Years…..

19th March 2018

Paddy Delaney

Recently we had a few questions from people who were saving for deposits for their first homes. This week we had another, from Daniel (surname not shared for obvious reasons!), who having read our piece about the impact of inflation on deposit values over the medium term has been moved to get in touch and ask us what are the alternatives!

Did you partake in our 2 minute survey yet?? If not then please please do, we would really value your opinion and help us shape what we cover on the blog & podcast. It’s just here…..thank you.

This is timely, seeing as this week we have also been contacted by Louise McBride, journalist with The Sunday Independent. Louise was seeking our take on what alternatives are available for people who are not content with deposit. While we will cover low volatility investing options in more detail soon I am keen to try to answer Daniel’s question. If you are new here then please do check out our ‘Why‘ and we’d be delighted to have you join our wee community of Informed-Decisioners here! We are on a mission to enable individuals to help themselves with their financial futures, and to help them get whatever they want.

In this episode we will explore specifically Daniel’s question which was…..’I plan to save for 5 years then buy BUT if the purchasing power of my money could lose 10% (5 years * 2% inflation) am I better off investing in a ‘safe’ fund with some (almost) guaranteed level of return?’

 

Full Blog Here

 

Retired or close to it?

Informed Decisions are one of Ireland’s only remaining independent financial advice firms. We specialise in retirement & investment planning for successful individuals, so that our clients only have to retire once.

Retire Successfully • Reduce Taxes • Invest Smarter

Find out how we can help...

Our Process