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Savings & Investments

We believe in building a life long trust with our customers

Whether you are planning for your new home, a perfect wedding, college fees or simply for peace of mind against unforeseen events, a sensible savings plan can make all the difference.
We can help by offering you a wide range of savings solutions whatever your needs may be.


Before deciding what to do with your money, it’s important to have a plan. Here are some simple steps to get started

1. Set your savings goal

Draw up a ‘wish list’ of the things you would like to achieve and
prioritise these.

2. Estimate the cost of each of these goals

Draw up a rough estimate of how much money you would need in order
to turn your goals in to reality.

3. Decide on a budget

Now you should be able to work out approximately how much you will
need to save on a monthly basis in order to achieve your savings goal. At
this point you will see how realistic your targets are. You might need to
relook at your monthly expenditure and ways to reduce your spending
in order to maximise your savings budget. We have some handy tools to
help you with this at

4. Are you a regular saver, lump sum investor or both?

Whether you intend to save regularly over a number of years or you have
a lump sum to invest, we have lots of sensible options to choose from.

5. Your risk profile

Your savings contributions will be invested with a view to growing your
money. How that money is invested depends on how much investment
risk you are prepared to accept. Everyone’s attitude to risk is different.
Choosing your own savings strategy will involve deciding on the level of
return you are looking for and balancing it against the level of risk you
are comfortable with.
That’s why we offer a wide range of investment solutions involving
different levels of risk.


There is a huge difference between saving and investing. Both saving money and investing money have a place in your life, but they play very different roles.

How you handle these two things can have big implications for your financial success, stress level, and how wealthy you ultimately become. It can even mean the difference between suffering through a recession or depression or sleeping soundly through the night knowing you have enough spare liquidity on hand.

Saving money is the process of parking cash in extremely safe accounts or securities that can be accessed or sold in a very short amount of time. Investing money, though, is the process of using your money or capital to buy an asset you think has a high probability of generating a safe and acceptable rate of return over time—even though it may decrease for years. Typically this means stocks, bonds, and real estate.

Why should I start saving for my child?

Unfortunately for parents, the cost of raising children increases year on year
right up until they’re ready to fly the coop. A lot of parents underestimate
the costs needed to provide for their children’s future education and end up
borrowing to meet these costs.

Providing a child with the best education is what every parent wants for their
children – but it doesn’t come cheap. The annual student contribution for
university, is currently €3,000 (August 2020). If your child was to go on to do
a four year course at university, you would be expected to hand over €12,000,
and that’s excluding accommodation, transport, food and book costs!

Of course, there are many other expenses along the way – you might want
to give them a headstart with buying their first home, buying their first car or
helping them set up their own business. By taking the time now to plan for
these future expenses, you can become the architect of their future.

How much deposit will you need in cash terms?

To calculate how much you’ll need to save for your mortgage deposit in cash terms, there are two things you should consider: Typical Prices in your area will be available on and also you should refer to the property price register which will tell you the exact sales prices for those already sold in the area. As first time buyer you will need 10% of the purchase price, 1% stamp duty and additional costs to include Solicitors fees, valuation fees and structural surveys. For the latter we feel a budget of circa €5,000 would be adequate where standard conveyancing (legals) has occurred. Don’t forget you will also have to furnish and potentially decorate the property.

Investing money – short term

When it comes to money for short-term goals, finance experts say people should focus on saving rather than investing. Money needed in fewer than three years needs to be protected from market volatility.

For short-term goals, try one of the following short-term investments:

  • Mortgage saver accounts.
  • Post Savings accounts.
  • Prize Bonds.
  • Demand Deposit Accounts.

Investing money – long term

For the money that isn’t needed for at least three years, look at putting at least a portion in stock market equities. Since most bear markets last from nine to 16 months, someone investing with a five-year time horizon can afford to risk a down market. Their investments will likely rebound before the cash is needed. However, to be safe, people should begin moving money to bond and fixed income funds as it gets closer to when it will be used for its intended purpose.

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Warning: Past performance is not a reliable guide to future performance.

Warning: This product may be affected by changes in currency exchange rates.

Warning: The value of your investment may go down as well as up.

Warning: If you invest in this product you may lose some or all of the money you invested.