Investment question.

styley | 22:17 Sun 27th May 2007 | Personal Finance

3 Answers

What would be the best way to invest �5000 for 3 years to get the best return. I'm in Ireland by the way. I know that you can get a 8% return in 3 years in the post office or 16.5% in 5 1/2 years but is there any thing better out there. I would only be interested in risk free investment.

to rent or buy

bankrupcy

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CheekyChops

Where can you get 16.5% in 5 1/2 years?

styley

Question Author

In the Post Office. Rep of Ireland.

Ethel

Looks good in theory, but rubbish in reality:

That 16.5% over 5 and a half years is equal to 2.74% per annum - this is stated on their website.

As you are in the RoI you need to check out your local banks and building societies. In the UK it is not uncommon to get 10% per annum, but I have no idea about Ireland's rates.

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