Financial advice

[Kyle]

You don’t have an account?

[mikehunt]

Please don’t be a mug and gamble it. Stick it in your pension, pay off some debt. Put some in those short term deposit accounts like Raisin.

[balbec]

We’re talking Juhy here.

[gilgamboa]

@Juhniallio

I got some cash recently, from flipping a gable end property. Id like to put some of it away in an account with decent interest and id like to invest some.

As a self employed man facing into what I think is going to be a harsh correction over the next few years I’d pay something off the mortgage

Pension another option but if you think you’d need the money again in a few years just stick it into any deposit protected savings account

And yes I’d consider de giro safe

[Alan-partridge]

Can anyone steer me in the direction of a good financial legal guy with regards to an issue with a certain institution… they’ve gone to MABS for advice but mabs are very very slow and it’s now becoming urgent.
based in cork if possible … cheers

[gilgamboa]

Vague enough ask

Do they need a solicitor. A good one won’t be cheap and is poles away from the starting point of MABS

Have they made a complaint to the financial ombudsman…that at least gets it into formal process

[Spidey]

Yes - set it up for the missus after she sold her house. They make you jump through a few hoops with docs etc but she has a 6 month demand deposit account paying 3.4%. Hasn’t withdrawn it yet though. It’s protected by the European Deposit Guarantee Scheme up to €100k.

[tallback]

@Spidey

Yes - set it up for the missus after she sold her house. They make you jump through a few hoops with docs etc but she has a 6 month demand deposit account paying 3.4%. Hasn’t withdrawn it yet though. It’s protected by the European Deposit Guarantee Scheme up to €100k.

I’ve used N26 (demand account at 3 % and covered under the deposit guarantee) as well as Trade Republic (3.5% demand and covered by guarantee). In some cases to get those rates you need to sign up to a monthly fee but do the maths and if you have a decent sum it may be worth it for the higher interest rate.

I think the risk on Revolut is more around current accounts and there are additional security measures around deposit.

Don’t forget about DIRT too. Revolut applies it directly

[Rocko]

@tallback

@Spidey

Yes - set it up for the missus after she sold her house. They make you jump through a few hoops with docs etc but she has a 6 month demand deposit account paying 3.4%. Hasn’t withdrawn it yet though. It’s protected by the European Deposit Guarantee Scheme up to €100k.

I’ve used N26 (demand account at 3 % and covered under the deposit guarantee) as well as Trade Republic (3.5% demand and covered by guarantee). In some cases to get those rates you need to sign up to a monthly fee but do the maths and if you have a decent sum it may be worth it for the higher interest rate.

I think the risk on Revolut is more around current accounts and there are additional security measures around deposit.

Don’t forget about DIRT too. Revolut applies it directly

Yeah I wouldn’t be afraid of Revolut. And much more convenient to have DIRT taken.

[Appendage]

It’s not DIRT.

[Rocko]

@Appendage

It’s not DIRT.

You may expand on this point

[Alan-partridge]

I can’t post too much info on this open forum… could I send you a private message with a quick summery if you don’t mind and you might be able to point me in the right direction…
P.s - what are the chances you’re part of the institution in question

[artfoley]

@Alan-partridge

Can anyone steer me in the direction of a good financial legal guy with regards to an issue with a certain institution… they’ve gone to MABS for advice but mabs are very very slow and it’s now becoming urgent.
based in cork if possible … cheers

Overview - LAB (legalaidboard.ie)

this may or not be of use, depends on whether or not they qualify

[Julio_Geordio]

@Alan-partridge

P.s - what are the chances you’re part of the institution in question

50/50

[ciarancareyshurlingarmy]

If the institution is the IRFU?

[gilgamboa]

Feel free to DM…zero chance

[TreatyStones]

@gilgamboa

Feel free to DM…zero chance

It’s a trap

[Jahan]

That’s exactly what somebody that was part of the institution would say.

[Juhniallio]

Alan partridge is about to do a sticky bicky initiation!

[flattythehurdler]

Thanks for the update