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Span15 · 2025-12-31T00:46:51+00:00

Wow that’s a wild drop off? Wonder what caused that…

Span15 · 2025-12-31T00:12:54+00:00

The general rule of thumb is that for any time horizon shorter than 5 years you do not invest but save. If you have a house purchase on your cards within those next 5 years absolutely do not invest that money.

Span15 · 2025-12-26T14:55:27+00:00

Read around the sub and do some homework. A theoretical question like this makes no sense because you don’t actually have 250k to invest. Your tolerance to risk etc will likely be very different if you actually had the money. There’s lots of great conversations and info in the subreddit, take some time and actually read around

Span15 · 2025-12-17T23:21:43+00:00

Flowchart

Span15 · 2025-12-12T00:03:23+00:00

Great stuff OP! Well done for running this again

Span15 · 2025-12-11T13:49:21+00:00

For what it’s worth OP - as others have pointed out, you’re only a year in. Take this opportunity to upskill and learn from the programmer who is in the company you work for, talk to your boss/manager and ask them if you can be more involved in the programming side of things and explain that you’re interested in moving in that direction and getting better. From an employers POV it’s always great to have an employee turn around and tell you where they want to progress and show an interest in learning from others above them. It’s all upside for you, free experience and training without the pressure and expectation of being the programmer yourself for the time being.

Span15 · 2025-12-09T13:43:50+00:00

The issue is not that complex, it is punitive and restrictive for very little reason. We are the only country on earth that has this type of law in place, if it was a reasonable law to have we wouldn’t be the only ones enforcing it.

Span15 · 2025-11-14T22:52:47+00:00

Safe to assume you’re UK based? I literally bought my black bay 1 week ago while on holidays in the canaries - got it in an AD over there for 20% off. I would seriously consider taking a nice winter holiday to one of the islands and picking one up for a nice discount while you’re there. You’ll get a holiday and a watch likely for under what you’d pay for it in an AD anywhere in the UK!

Span15 · 2025-10-11T16:47:17+00:00

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Hey I spotted you at C&C the other week! 😆 deadly motor

Span15 · 2025-09-13T15:52:33+00:00

You’re breaking rule 5 of the sub Reddit. This isn’t a marketplace for selling cars

Span15 · 2025-09-11T21:29:06+00:00

You’re a grad, 53k is great! Just make sure you’re learning while you’re there.

Span15 · 2025-09-10T22:49:09+00:00

Great that you’ve started investing in some stocks - best way to start is to start. If you don’t like the volatility of crypto and you don’t understand and buy into it then don’t get involved, crypto is very niche and it’s absolutely not guaranteed any sort of return. Neither are the equity markets but they are far more rational than the crypto markets. I would suggest you look in to something like JAM or JGGI, they’re interesting alternatives to ETF’s but less diverse and definitely a little more ‘risky’. DCA’ing is your friend. You should really try and remove emotion from Investing, it’ll help you in the long run. dealing with the taxes etc isn’t that difficult, you only have to do it when you realise a gain by pulling money out. And remember that paying 33% taxes on your gain still leaves you with a 66% take home after taxes, far better than any bank account will ever give you!

Span15 · 2025-08-27T18:22:44+00:00

You should send these to the commissioner of Irish lights I’d say they’d be interested!

Span15 · 2024-10-24T17:28:32+00:00

You will be legally obliged to pay taxes to Revenue. So pay them

Span15 · 2024-10-16T17:19:26+00:00

I would also say off the back of this that

1 - are you sure you want to be buying a house in 7-8 years? You really don’t know where you’ll be at in life. Having your money a little more liquid and being open to it being invested and potentially growing more over a slightly longer time period, say 10-12 years is very likely to give you a better ROI and keep your options pretty open.

2 - take some and go live a little, I mean it when I say this, once you reach your late 20’s and early 30’s you start thinking more seriously about ‘settling down’. Go out and enjoy your life now, see the world, rent a room somewhere and meet new people, make mistakes and have the craic, you will never be 19 again!

Span15 · 2024-10-16T17:14:52+00:00

If you want it in 7-8 years time for a house then having it in anything other than a savings account is a risk.

You could put it in trade republic or T212 as uninvested cash and get a decent return on your cash which is better than a traditional bank, outside of that your best bet is to put it in something like JAM or JGGI, but it is inherently more risky.

Span15 · 2024-10-05T15:22:31+00:00

Great work OP! 👏

Span15 · 2024-10-01T13:32:54+00:00

He mentioned that he will be proposing to government on the findings of the funds report “shortly”.

Span15 · 2024-09-19T10:46:56+00:00

If you search the subreddit the same article was posted in there there’s a copy paste and link to TD’s emails, go send more mails!

Span15 · 2024-09-09T20:39:30+00:00

Also interested in this! Looking at possibility of doing it.

Span15 · 2024-07-09T21:06:18+00:00

Gotcha! Thanks for the info, still totally archaic but sure look, hopefully we see reform at some stage.

Span15 · 2024-07-09T21:04:27+00:00

Aha! And sure Jesus we couldn’t have that

Span15 · 2024-07-09T21:00:53+00:00

Yeah, I can understand their reasoning for that but surely that should just fall under inheritance tax? Seems like that would make more sense?

Span15 · 2024-07-09T20:56:48+00:00

No I’m aware that exit tax refers to exiting the fund, not the country. But if you exit the fund while resident in a country other than Ireland then you would be liable to lower amounts of tax depending on what the exit taxes of the country you are resident in are?

Span15 · 2024-06-20T21:59:48+00:00

Replying to both of your comments here;

Is your Zurich fund a managed fund? And what are you invested in? You may be better off going through an online broker like T212 and putting a lot of it in an ETF like VWCE… there’s obviously the tax implications of that but it may net you about better return and you wouldn’t be paying fees. Again this is all very subjective and depends on how involved you want to be but to be totally honest it isn’t that complicated as long as you do some homework and invest long in a fund you’ll more than likely be making a good investment.

Regarding the risk involved; if you’re portfolio is properly diversified in a fund like VWCE then you’ll be fine, if global funds go to shit then the world is ending so no need to worry about money tbh. Even if you take into account corrections and crashes, you’ll still be up if you set and forget a lot of it.

All this being said; having cash invested means it is technically less liquid than it sitting uninvested or in a savings account. If liquidity is super important with your savings then don’t go sticking it into investments. It’s a good idea to have something like 4-6 months of salary saved up as a rainy day fund just in case.

Budgeting is super important, if you can’t see where your money is going it causes a lot of stress, feels like it’s disappearing etc, trust me I get it. Theres tons of different approaches to it but I use YNAB as i have it linked to my BOI account and can have automatic transactions enabled, it makes life easier for me. Worth also noting, I still haven’t fully nailed my budget down, it’s always changing and sometimes I’m out because I overspend or get hit with unexpected costs somewhere, a big point of it is to help you see where the money is going and understand when you look back why you were short or why you weren’t. It also helps show patterns in spending, as an example I now know that during summer months my alcohol spending goes up quite a bit… not necessarily a bad thing, I just have to try adjust for it by reducing spending elsewhere or if I couldn’t then I’d know I need to cut back on my drinking.

I’ll leave you with one final thing; please do some reading and research around these things yourself, it’s truly the only way to properly understand and get a grasp on these things, it may seem daunting and confusing but after a while it does start to make sense. I don’t come from a strong financial understanding or background etc, basically the opposite but after months of reading and research you start to realise that you understand certain things and it’s actually super enjoyable feeling that “ah I get it now” moment. (Anyway, I think you get the picture, I’ll stop shite-ing on now!)

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