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Inflation, Interest Rates, yield curves, instant vs fixed rate savings & gilts
Sharp fall in inflation today to 3.4% & IIUC expected to fall further over the next couple of months as the energy cap reduction takes effect. Despite the slightly hawkish rhetoric from the MPC I think it's unfathomable that they'll keep rates high for much longer. I think they'll cut soon and in at least 0.5% chunks. My…
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Help to save
Hi is anyone familiar with the government help to save scheme? In a months time I would’ve been in the scheme for two years I will have saved the maximum amount of £1200, giving the £600 bonus. I am confused about how it pays out. I understand the bonus goes straight into my bank account and not the help to save account…
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How does compound interest work with investing eg accumulation funds?
Sorry if this has been answered before. I keep reading how great compounding is over the long term etc. I understand this in relation to savings interest (good) and in terms of the fees on investing compounding (in a negative way) but how does compounding help in terms of where you invest in a fund eg an accumulation fund.…
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Great British Invest off or Passive V Active Updates
For those who are curious to compare their Passive or Active investment strategies I'm starting a new thread today with monthly updates (Bottom lines only in £). For details see http://forums.moneysavingexpert.com/showthread.php?t=5719517 Monthly updates on portfolio values should be posted here. As we are now into the…
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Best way to save for kids uni costs?!
Please can I have some guidance. Got 3 kids between ages of 3 and 8 so I have 10 years approx before they start going off to uni. I suppose they will get loans for the fees and maintenance loans, but according to Martin I will have to give them about £5k per year each to live off. What's the best way to raise this money?!…
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Personal savings allowance and staying out of higher rate tax band
I hope someone can help. My husband got a payrise putting him £2k into the higher rate threshold. He has decided to put money into his pension to bring it down to meet the top of the banding. He however also earns £1000k a year in interest from savings. How does this affect him? Does the £1k count as income and therefore…
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Closing a Cash ISA - Is it taxed?
I have two cash ISA's. One set up late March 2023 that's just matured, and one set up on April 6th 2023. I don't want to let the funds roll into another ISA, and would like to close the accounts upon maturity. Will the interest be taxed the moment the money leaves the ISA and goes back into my current account? If so, what…
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General Discussion and Whimsical Banter
It was only a matter of time. Personally I've never minded the off-topic comments in the main threads to discuss top easy access and regular savings accounts, but I can see it's becoming a greater problem given that there just isn't a whole lot going on in the top end of the savings accounts market right now and possibly…
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LF Woodford fund - how will compensation affect claiming a capital loss
I am thinking of registering my capital loss for the LF Woodford fund with a view to claiming it against CG in this and subsequent years. How will the proposed compensation affect the capital loss
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Investing small amounts?
I have some extra money left over from our own personal money. I've set up a SIPP with vanguard for £25 pm. My pension isn't great with my employer so this is to boost that. I've another £25 pm I would like to invest in an ISA, was considering AJ Bell but at £1.50 per trade as well as platform fees it's too expensive.…
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Gilt vs. wealth preservation fund for less than 2 years liability
I have a BTL property with the current low rate deal expiring towards the end of next year. I am very likely to keep the property as a BTL and given where interest rates are expected to be, I will want to pay off a significant portion of the mortgage. I have some funds earmarked for this sort of purpose, currently held in…
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Assitance with saving
Hi Hope all are well I am 60 and earn 24k rent a flat as recently split from my wife paying maintenance and using my car to work pay the usual elec, tv broadband sky council tax but since moved to heml been od in account at month end need to ask how can save put money aside for future have 3 pensions frozen but see am…
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Barclays Wealth Global Markets Range
I'm fortunate enough to have passed a strangely random but quite nice number in one of my spreadsheets lately and it's focusing the “it's insane to risk what you have and need for something you don't really need” part of my mind on my appetite for risk. About 40% of my investments are in HSBC Global Balanced (and will stay…
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Doing it right to avoid higher tax band and do right by my money?
Hi again. I have £75988 and trying to balance things so as to earn as much interest without going into higher tax band. Teetering on edge of paying higher rate of tax, currently on basic. Does this sound like good use of money? £40000 in ISA paying 5.05% £20200 in Premium Bonds £13000 in fixed savings 5.25% earning £656.5…
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Equalisation in index fund
I believe equalisation is done to account for recent buyers of a fund having to pay for dividends already held by the fund (in the form of a higher unit price) while not being entitled to those dividends. Specifically I am interested in the HSBC FTSE All-World fund, whose annual reports can be found here…
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Feedback fund portfolio
So, am interested To see opinions please, as what would you scrap, keep or replace I would like to keep my funds close possible to ethical or good esg score Any suggestions or feedback will help, really wanna try reduce number funds Aegon ethical cautious managed Baillie Gifford American Barings global agriculture Bny…
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Platform Charges - ETFs vs OEICs
Hi, Just something I keep wondering. Across most platforms, ETF charges are higher for buying and selling, but many cap their custody charges for ETFs but not for OEICs. I know its not universal, but I don't think any are the other way round with lower custody charges for OEICs and lower dealing charges for ETFs. Just…
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Lifetime ISA
If kids open the account above and deposit 4k by 5/04/24, will they receive the 1k bonus or do they need to wait the full year?
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Take a peek at my hand?
************************************************************ Hello. I'm an amateur investor with a stocks and shares ISA account since 2006. This is a diary type thread to share my thoughts and to chart the ups and downs. The diary started on 31st December 2014, and I update it at the end of each quarter. I am particularly…
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HSBC Global Strategy Fee Increase?
Not sure if this has already been mentioned, but someone on another forum posted that the fees for the HSBC Global Strategy range of funds were to increase from 28th March. The below linked pdf document from January would seem to confirms this, though they would also seem to be implementing a discount structure based on…