The Minister for Finance, Brian Cowen, has said it is important that people take into account a prudential approach in investments.
The minister was commenting following the revelation that Irish mortgage lending had topped €100 billion for the first time.
Mr Cowen was speaking at the Irish League of Credit Unions Consultative General Meeting in Dublin.
Mr Cowen said that the continuing growth was a reflection of activity in the economy, with more people investing in housing and other areas.
He also pointed out that interest rates remain historically low.
He added that Ireland has a modern regulatory environment in place and said that the consumer protection aspect of that has long been emphasised.
