Eoin McGee answers: ‘I’m 26 with €50k in savings and €7k in crypto. Should I invest in shares or buy a house?’
I have no major expenses other than light shopping and looking after the car
It's important to acknowledge what you're sacrificing for an aggressive savings rate. Photo: Getty
Question
I'm 26 and living at home. I have €50,000 in savings along with €7,000 in crypto (Bitcoin on Coinbase). Realistically I don’t need €50,000 to maintain my life. Is it wise to spend €25,000 on shares/bonds and plan for many years down the line? Or should buying a home be the priority?