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Bulletin Board Offshore Boffin’s Bulletin Board is for subscribers to discuss issues of common interest with other members of the offshore investment community
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| 19/03/2003 00016:18:26 | > [Sigma] Royal Skandia |
| 08/08/2003 00011:42:15 | > [anonymous] |
| 22/03/2004 00013:55:37 | > [anonymous] Royal Skandia - Awful Customer Service |
| 22/03/2004 00020:53:54 | > [anonymous] talk to an IFA |
| 21/12/2007 00013:06:38 | > [anonymous] Was not too impressed |
| 19/03/2003 00012:12:11 | > [Sigma] Brit living in France |
| 19/08/2003 00004:47:14 | > [anonymous] |
| 05/01/2004 00017:30:25 | > [anonymous] Hansard |
| 19/08/2003 00004:53:24 | > [anonymous] GAM |
| | [anonymous] I am British but live and work in Ireland. I own a property in the UK which is on the market. I rent in Ireland and plan to do so for another 12-18 months. Then I hope to buy a property in Ireland.
I expect to realise stg£60-70K from the sale of my property in the UK and want to put this money in some form of long term savings - ideally with a 30 or 60 day notice period.
Am I better to leave the money in the UK (I have a Barclays Offset account, a barclays current account and an Abbey National eSaver account), bring the money to Ireland (I have a current and deposit accounts with AIB) or move it in to an offshore account in the Isle of Man?
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| 12/01/2005 00008:28:11 | > [anonymous] Where's the best place to leave my money? |
| | > It rather depends on what amount of access you require to your funds.
You say you want a long term savings vehicle yet you want 30 -60 days access to the funds.
Us ing the information you have given my suggestion would be for you to split your capital and place one half into a bona fides long term investment vehicle and the other half into a regular high interest 30 - 60 - or 90 day access account with one of your banks.
The return you will receive from your long term savings vehicle is dependant on your attitude to investment risk. i.e. Long Term bank deposit accounts will return to you anything from 3% to 6%. Some Guaranteed investment funds/bonds can return up to 7%. Over 7% becomes a little more speculative but there are however some very good long term (5 years +) products that return 10% and over. |
| 06/05/2006 00007:35:32 | > [anonymous] Royal Skandia vs Canada Life |
| 24/01/2007 00017:19:49 | > [anonymous] |
| 21/12/2009 00020:21:39 | > [anonymous] |
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