You are unemployed leaves in Ireland and inherited 10,000 euros what would be the best way to invest this?

Answer 1

If you are unemployed, I'd say that the best use is food and rent.

Answer 2

Open one extra account for emergency money. If you put the whole 10 grand into your account, it could melt too fast. Being unemployed and uncertain of when "the big break" will happen, that's just "sound planning" to me. I would place 5,000 in both accounts.

Answer 3

Put the money in vanguard money market fund. Collect the interest, after you get a job you can put it in a vanguard stock fund such as equity income fund which grows about 10 to 11% a year.