Take that to the bank

Amid ongoing uncertainty, more and more people are going down the savings route and keeping their money in the bank, writes Liam D Ferguson.

9th June, 2012
Many people are steering clear of the stock markets and seeking safe havens for their money. Photo: Thinkstock

Cash is king. That's the expression which gets bandied about in investment circles when people are so nervous about stock market prospects that they stay out of the markets altogether and leave their money in cash.

In Ireland, at present, cash is certainly king. Worries about the euro, the possibility of a Greek default and, more recently, worries about a possible bank bailout in Spain have all conspired to leave many people steering clear of...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago