Even at the ridiculously low deposit interest rates, if you deposited € 50million into the best demand deposit account in Ireland (0.15% ..net 0.1005 after 33% DIRT tax), you would still earn € 4,187.50 net every month ! Be honest:...
GRANDFATHER’S & UNCLE’S LEGACIES – ANY TAX TO PAY ? Q. My grandfather died in July 2019 and left me € 30,000 in his will. Late last year, my uncle died and left me and my siblings € 28,000 each (...
John Lowe of Money Doctors looks at the music memorabilia market as a source of alternative investing. It may only be rock and roll, but investors love it. During the lockdown I became reacquainted with my number one pastime outside...
Serious Illness Cover (SIC) or Income protection ? Q. Married with 4 children, I have been advised as the only bread winner in the family to take out health cover. As I understand it, SIC will give me a lump sum...
PAY OFF MY TRACKER ? Q. My dad, a widower, was sadly one of the first pandemic victims. He left me his home worth € 278,000 – I am an only child. We sold the house, and it is all tax free but I have an...
Many years ago, marketing campaigns urged us all to use our flexible friend – the credit card – when shopping. That friend has, for some, got out of control and some of us need to smell the roses and drink a dose of...
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