Have you built up some savings over the last 12 months of COVID-19 restrictions? Recent research published by the Central Bank suggests that Irish households saved as much as €11 billion since the start of the pandemic.
If you are in this cohort of people, have you thought about how to make that money grow? With interest rates remaining low, now is a good time to consider investing your savings.
Smart investments can be very lucrative over time but it’s often tricky choosing where to invest your money. Luckily, Bank of Ireland has you covered with its new investments education webinar series – Invested.
Launching in May, the new 4 part series will help you learn about the fundamentals of investing, how to become an investor or how to improve as an investor if you are already investing.
Newstalk's Deputy Business Editor Gavin McLoughlin spoke to Bernard Walsh of Bank of Ireland's investment markets to discuss some of the options for getting more bang for your buck.
How to get your money working for you
The first webinar will take place on Thursday, May 6th at 10am and will be MC’d by Newstalk’s Deputy Business Editor, Gavin McLoughlin. Gavin will be joined by Bank of Ireland’s Bernard Walsh (Head of Pensions and Investments) and Jennifer Hardman (Investment Advisor).
The focus will be on some of the main barriers, fears and misconceptions that people have about investments. This is perfect for anyone who has an interest in investing but doesn’t know where to start.
Everything will be discussed in an easy to understand way and the panel of speakers on the day will answer key questions from customers. They will also look at themes from the recent Bank of Ireland national survey and go into topics such as the importance of compound interest, risk and return, and much more.
Looking at risk and return is important because this will help you figure out what is the right investment for you, based on your attitude to risk.
Upcoming webinars
If you are interested in continuing to learn more about investing, there will be three more webinars taking place in May, June and July. You can see some details on what will be discussed at each of these below:
The Great Debate: Property or Shares? (Thursday, May 27th)
It’s no secret that we have a love affair with property in this country. But are we overlooking the potential of the stock markets? This webinar will discuss the pros and cons of bricks and mortar/High Street vs. Wall St. This webinar will be hosted by Bernard Walsh, Head of Pensions and Investments at Bank of Ireland, and he will be joined by Ross Harris (Head of Residential Investments at Sherry FitzGerald) and Tom Stevenson (Investments Director at Fidelity Investments).
Gaining confidence with Investing (Thursday, June 24th)
So you know the basics, now it’s time to become confident as an investor. This webinar will highlight common investor mistakes and their impact. It will also look into what it means to be investing in a world of Brexit, Bitcoin, a pandemic and more. Bank of Ireland's Head of Pensions and Investments, Bernard Walsh, will lead this webinar. He will be joined by Jeremy Lawson, Chief Economist and Head of ASI Research Institute at Aberdeen Standard Investments and Irish Times columnist Chris Johns.
What does the future hold? (Thursday, July 15th)
The fourth and final webinar will aim to set you up with an insight into what trends are going to shape the world of investing well into the future. The final webinar will be hosted again by Bernard Walsh who will be in discussion with Leona Nicholson, Head of Investment Management at Bank of Ireland Investment Markets and Martin Dietz, Head of Diversified Strategies, Legal & General Investment Management.
To learn more about Invested or to sign up to attend the webinars, click here.
