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Why invest in NS&I Guaranteed Income Bonds over Guaranteed Growth Bonds?
Hi, Looking at the NS&I 1 Year guaranteed fixed bonds, why would anyone opt for Guaranteed Income Bonds over Guaranteed Growth Bonds when Guaranteed Income Bonds pay 3.90% gross/3.97% AER where as Guaranteed Growth Bonds pay 4.00% gross/AER? All aspects of the two bonds appear to be the same. Am I missing something?
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Al Rayan Holding Deposit Account
sorry, won't let me delete this. Called them up and solved problem. Please ignore I transferred 45k into new AR FR. 40k shows in account but then there is a new account called a Holding Account Deposit with the remaining 5k. I transferred in one lot yesterday - money had left Nwide by 6.30am yesterday. Before I contact…
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Raisin flagging up with Barclays
Husband tried to open 1 year fix with Investec via Raisin as recommended on MSE weekly email but Barclays said Raisin throws up a red flag and they would not cover his loss if this turned out to be a scam!!
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How many accounts is too many?
Hi everyone I recently have received a fairly significant pay rise which coincides with paying off a few debts and loans. I will now have a good amount to add to savings monthly. I already put roughly £300 a month into Premium Bonds as well as £150 into my Nat West Digital Savings account (max for this account). I'm now…
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Thematic ETF's - to invest or not to invest?
It's occurred to me that if your are solely trying to outperform one of the main indexes - global tracker or S&P500 tracker - why not just invest in a NASDAQ 100 ETF instead? Whilst we know past performance is not a guarantee of future gains etc, surely it's a more reliable option than say investing in a EV, cyber…
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Investing for care home resident
Elderly relative’s id is several years out of date. Only mail addressed to her ‘home’ address is a confirmation from DWP. Struggling to find any savings account provider who will open an account. Even the Halifax and Nationwide with whom I have accounts.
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More than 85k in S&S ISA
Hi there, General question around S&S ISAs and holding more than 85k in there I have an S&S ISA with Fidelity and read that client funds are kept separate from Fidelity funds and are ring fenced in the event of liquidation of Fidelity https://www.fidelity.co.uk/how-is-my-money-protected/#2806160 Therefore am I safe to…
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ex-dividend dates
Am I right in thinking if I buy City of London before 25 Jan (ex-div date), I will receive the current dividend on 29/2...? I appreciate the price will go down by dividend amount, I want to specifically generate income....
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Ulster Bank Easy Access Savings - I’m confused
Hi Just wondered if anyone has opened the above account recently - I think it is featured on the main MSE site as being a one of the higher interest rates. I have gone through the process to the point of receiving my customer number and access code to register for Anytime banking, but to register you need an account…
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Monthly investment in S&S ISA for kids, what to invest in
AIUI, from the new tax-year I can open and contribute to multiple S&S ISAs in the same tax year. We want to open an ISA (in our names, not JISAs) for each of our two kids, and make an unchanging monthly payment into it from now until they turn 18. If everything works as planned, each account will have £XX when the child is…
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Notice savings accounts
Basic question I suppose but why are the top notice savings accounts eg 60 day and 180 day notice, paying more interest than, for example, 1 year fixed savings accounts?
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Telling HMRC about Dividend Income
Thanks to the £1000 limit for 2023-2034 dividend income I'm going to be over it. I'm PAYE and still a basic rate taxpayer just about and I don't complete a self-assessment as I don't need to. The dividend income was £1700 or so. From what I can work out I need to login on the HMRC tax portal and use the "Add missing…
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Post Office investments at risk?
With headlines in the news today that the Post Office risks insolvency over the compensation bill due to the Horizon scandal, do I need to close out any investments and move my money elsewhere? TIA for any advice
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Tax on Money Market Fund Accumulation
Hi guys, I have been investing in Fidelity Cash Fund Accumulation as a way to earn higher interest. Just wondering how do people deal with the tax return? Completely understand the discussion here are not tax advice. My understanding is that Money Market Funds are meant to be taxed as interest income rather than capital…
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Sale Deposit 1 Month?
We are likely to have > £100,000 from equity sale for our house and won’t complete on our new build purchase for 1-2 months. I’m thinking of maxing two premium bond accounts for the entire of Feb in the hope of some winning. Has anyone got a better idea for such a short time?
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Investing in Fund through limited company
What is the best platform to invest money from limited company into funds and shares. I have some money in my limited company which I want to invest for long term gain. I don't want to invest as pension. Grateful for any recommendation
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Stock Market Predictions 2024
Hello all, Does anyone want to make some predictions on what will happen in 2024? I know it's a fool's errand but just a bit of fun really! We can come back in a year and see if anyone was right! How will the following markets do? * Global * USA * UK * Emerging markets (India, China, Mexico)
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Cash isas
I now hold four cash isas. Three are mine in different places from different years and I is mine now after it was transferred over to me when my husband passed away. Can you confirm that as long as I only put my isa allowance into one of them during the tax year. Someone has told me I can only hold 1 isa.
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Premium Bonds down to 4.40% for March 2024 draw
From NSI website …
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Corporate bond returning 5%
Hi has anyone invested in a specific corporate bond of a good company returning around 5% a year? thinking of doing so in view of the bank fixed rates dropping in the near future. Grateful for any ideas.