Sponsored Could your money be working harder for you?
However, of the estimated €152 billion that the Irish population has in household savings¹, the vast majority is still languishing in low-interest accounts. This is because while banks were quick to raise their borrowing rates, they have been slow to raise their rates for savers. As there are now plenty of accounts that deliver rates at circa 4%, it is a great time for investors to consider moving their money.
While such funds may experience short-term volatility, they are usually a low-risk option, with the returns mirroring interest rates set by central banks. One of the funds we recommend, for example, is AAA rated and has a gross yield of 4%. With money-market funds, you are only invested for a short period – typically three to six months – so your money remains easily accessible.
Source: Entertainment Trends (entertainmenttrends.net)
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: image_magazine - 🏆 17. / 59 Read more »
Record Number of Patients Treated in Irish Hospitals in 2023The HSE has published its 2023 hospital activity figures, revealing a record number of patients receiving hospital care, day case care, outpatient appointments, and emergency care. Despite the increase in healthcare delivery, long waiting lists and pressure on emergency departments remain a concern.
Source: rtenews - 🏆 1. / 99 Read more »
Source: IrishTimes - 🏆 3. / 98 Read more »
Source: IrishMirror - 🏆 4. / 98 Read more »
Households saved €19 billion in 2023New figures from the Central Statistics Office show that households saved 12.09% of their income in the last quarter of 2023 - and 12.4% in 2023 as a whole.
Source: RTEbusiness - 🏆 16. / 61 Read more »
Source: stellarmagazine - 🏆 25. / 51 Read more »