What are Investments Bonds? This is one of the questions David McCarthy answers on Galway Talks. He also discusses investing your savings and encashing bonds with life companies.
Question: I have some money on deposit which I am considering using to buy a second house which I would rent. I would need to get a mortgage for a portion of it. I am wondering what your thoughts are.
Answer: It is very important that you do your homework. It seems that the Read more..
Issue: Increase in House Repossessions
Comment: David recently commented on the increase of house repossessions in Galway in an article by Enda Cunningham of The Connacht Tribune. Please see the link below to see further details:-
“Leading financial consultant David McCarthy of McCarthy & Associates in Galway told the Connacht Tribune: “The banks see this is as a good time for them to move, because equity is building up in properties. No doubt they’re looking at the recovering property market”.
He also pointed out that foreign ‘vulture funds’ – which have bought up banks’ loan books, containing thousands of Irish properties, are not regulated in Read more..
David McCarthy discusses the following – getting a personal loan to clear various loans with high interest rates, what banks to deal with when saving a deposit to buy a house, using money that’s on deposit to buy a second house and investing in the Dollar, is now a good time? Listen below for more information:-
David discusses the increase in House Repossessions, the Personal Insolvency process, the value of the Dollar and the Euro and the deadline for under 34’s without Health Insurance.