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Transferring money from bank to bank to get 2x interest
Hi People, Someone on another post directed me towards another website forum where someone had advised to: "you should do the following daily Monday - Saturday: Transfer savings from Lloyds to Santander before 8.15pm then back again from Santander back to Lloyds between 8.15 and 10pm So the balance is with Lloyds…
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low user fees on share account
I have a few shares that are kept with FXCM but it is such a small holding and I can only top up with reinvesting the dividend twice a year. The broker introduced a low user fee 2 months ago without my knowledge - ie no letter, email etc which I complained about but they have just said, tough! My question, is there a…
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Undeclared money
A friend of mine is separated from his wife and has been left 20K by his late father. He wants to take the 20K out of his bank so his wife wont be entitled to it. Where can he put the money without declaring it? Especially if she wants a divorce soon.
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discounting treasury bills = printing money?
Apologies if this is the wrong place for a query like this. My holiday reading has been "When Money Dies" by Adam Fergusson, about the German hyperinflation. (Thought it might be relevant in an age of QE.) Turns out that the culprit was "discounting treasury bills"; but unfortunately the author doesn't explain what this…
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Withdrawing from a full ISA
Is it possible to withdraw say 4k from a full ISA and return the 4k in about three days? Does this do anything to the ISA, interest etc? Many thanks
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Saving and inheritance whilst living with benefit claimant.
Hi everyone, Id like to wish you all a very happy new year. My mother is claiming JSA and housing benefit. I currently live with her whilst i am studying at college. I work part time. I do not have to pay towards housing costs as my monthly wage is below £200. In order to apply for my dream job, i need to start saving for…
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What is the best saving account to open for our new baby girl
Hi guys. As the title says we have just had a new baby girl. we have had some money given from family for her and would also like to start saving a little for her ourselves and just wondered if anybody had any advice on what the best sort of account would be? are there any incentives with particular banks etc. thank you
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MSE News: Beware financial adviser 'Ferrari' salesmen: Guest comment
"A shake-up in financial advice begins next week aimed at protecting consumers but some advisers question if it'll work " Read the full story: Beware financial adviser 'Ferrari' salesmen: Guest comment
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confused on cash ISAs...
hi all I thought i could open a new cash Isa each year and still continue to deposit in the other existing one - am i wrong? ttfn,R
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£10,000...?
I have £10,000 in my Santander savings account...and at 0.5% interest it's not doing anything! Does anyone have advice on how I could put my savings to better use? It's taken me a long time to save but I've just gotten a new job and am hoping to put away money more regularly this year. I don't have a clue about what…
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What to do with my money?
I have a First direct offset mortgage of £66K. I have gradually been building up my savings with FD and now have around £66K offset. I have put £5640 into ISA's for me and my wife. I have £3600 X 2 in FD regular savers which are due to mature next months. So basically I have £7200 in cash and probably around £1000 per…
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savings open to trustees
Dear All, I am looking for some help in finding where to save. My wife and I have recently become trustees to a family trust. We are planning to have some of the funds in safe deposits and the rest in a portfolio investing in a range of collective investments. We are getting advice on the latter. We are planning to use the…
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Excessive information required to open a savings account?
Hi all, I've just tried to open a savings account online with Santander. It's a basic instant access account - mimimum deposit of £1, no overdraft facility, no regular saving requirement. When I was going through the application form online, I came to a page where I had to enter my net monthly income, my job title and…
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ISA for children advice please? And/or CTF, Savings etc
Quite a specific question but hopefully posting in the right area. If a child used the government CTF scheme - does that mean they can't have an ISA? Woman in bank seemed to telling me this?! Either way, what is the best place to save a small monthly amount until child is 18 - but we still have control over the account?…
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Punjab National Bank(international) Ltd
Anyone got any views on these guys? They have FSA license and are covered by FCSC. They seem to have some attractive rates:think:
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Troy Income & Growth Investment Trust
Just wondered if anyone has any views on this. I am looking for a better return on savings than banks/building societies are offering and saw this recommended in the Saga magazine as being worth looking at.
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What are our best options? Advice please!
Hi all, I apologise in the first instance as this thread is similar to one posted very recently, however I did not want to confuse things for the OP in question! Secondly, I am a complete noob when it comes to savings, money matters, and now buying our first property... I am thankful in advance for your patience :o The…
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How to beat inflation?
I'm currently a student with money in a 3.05% ISA, the deal ends in Aug and the last time I can put money in will be 5th April! As 3.05 in currently above the rate of CPI I think (my maths is awful) my money is growing by 0.35% (3.05AER - CPI @ 2.7%) As savings rates are plumetting I'll assume I take an M&S one year fixed…
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CGT on sale of shares
Hi all If you have a capital gain of over the threshold on the sale of shares can this be transferred to your wife to get 2 x tax free allowances. If so, how is this done? Do you have to transfer the shares over so that she owns them before sale or can you do it post sale? Finally, I have shares on an online dealing…
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Euro savings accounts in UK?
Do any UK banks offer no-nonsense savings accounts in the EUR currency? Hoping for something with 2–3% interest.