|
Low Risk Investment
You want guarantees
| |
Deposit Accounts |
With Profits Savings Plans |
| Available from |
Banks, Building Societies, Credit Unions, An Post |
Insurance Companies |
| Risk |
Almost none |
Almost none |
| Returns |
Low returns |
With profits products are designed to smooth out returns in the good and
bad years, and are very consistent performers |
| Accessibility |
Short notice |
Accessible but early withdrawal often means a loss on your savings |
| Ideal Term |
Any time period |
At least 5 years to start seeing good returns. (Most are 10 year products) |
You cannot expect high performance
returns from an instant access savings product. If you need
to be sure that your savings will always be there for you,
low returns is the price you pay.
|
Life Insurance
