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Low Risk Investment
You want guarantees
| Product |
Deposit Accounts
(SSA's & Term/Notice Accounts) |
Guaranteed Bonds |
| Available from |
Banks, Building Societies, An Post |
Banks,
Building Societies,
Insurance Companies |
| Risk |
Almost none |
Almost none |
| Returns |
Low returns. Look out for special offers such as Money Market Accounts |
Low risk options are availible which are either deposit based or
are low risk managed funds. You are offered fixed returns up front |
| Accessibility |
On demand |
Your money is availible but your return may be contingent on fulfillng
the agreed term |
| Ideal Term |
Returns increase with the length of time you commit to leaving your
funds in place |
The longer you commit for, generally the higher the return offered |
| Product |
Tracker Bonds (100% Capital Guaranteed) |
With Profits Bonds |
| Available from |
Banks,
Insurance Companies |
Insurance Companies |
| Risk |
Almost none |
Almost none |
| Returns |
Returns are based on stock market performance. Potential returns
are now commonly limited to a set percentage of stock market growth |
With profits bonds are disigned to smooth out returns in the good
and bad years and proove consistant performers |
| Accessibility |
In most cases you must lock away your funds for a set period of
3-6 years |
You can access your money at any time however the full investment
may not be returned in the early years |
| Ideal Term |
Long term, stock market investment have traditionally done the best
of all |
Some say 5 years, but the better products provide growth from the
end of Year 1 |
Market competition means there are new products being
developed all the time. Shop for the best deposit rates. Better rates
will always be availible if you can leave your lump sum intact for a fixed
time period.
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Life Insurance
