Where to invest 12 000€ ?

[ludwig]

Hello everyone,

I currently have around 12 000€ on a bank account at a 2.75% rate.

I'm looking to improve this rate so I would like to have your opinion on what is the best option.

1/ Wait another 2 month and buy a 14 000€ garage that I can rent 80€/month
2/ Anticipate payment on my mortgage (124 000€ at 4.050% during 25y actually 120 823€ left )
3/ Find a better rate, I've looking around but didn't found anything better than 2.75% available in France. Do you know if Vanguards as something for European people ?

Thanks a lot for your help !

[gooki]

Garage provides a 6.8 percent return presuming there are no ongoing costs, and you can rent it without vacancy. Nearly 7 percent return seems good in this market.

[arebelspy]

Garage provides a 6.8 percent return presuming there are no ongoing costs, and you can rent it without vacancy. Nearly 7 percent return seems good in this market.

Big assumptions, those.  Would that my rentals had no ongoing costs or vacancy. 

I'd get better returns than 1999 smedley!  ;)

(Now granted, a garage is different than a SFR, but the point remains: calculating return on inaccurate numbers gives you an inaccurate result. Garbage in, garbage out.)