-
OpenMoney S&S ISA advice
Hello, I opened up a Stocks and Shares ISA with OpenMoney last year during the lockdown. I have reasonable amount in and am putting £200 in monthly and any extra savings for the month. I opened the account with OpenMoney rather hastily when I was trying to organise my finances and wonder with OpenMoney is the best to use.…
-
Inherited trust fund options?
When my mother passed away in 2018 she left me a trust fund which I now hold as sole trustee. With all that has gone on in the past year it has been mostly left on the back burner, but now that we are looking at moving/buying a new house, I may need that money - I'm not entirely sure yet.My first question is this:If I were…
-
Where to put my money
I am about to complete the sale of my home and am moving to rented accomodation for a year to sort myself out.I will therefore have a large amount of cash for a while and have no idea what to do with it !I am 69 and a taxpayer.Sensible answers only please and no marriage proposals !
-
Closing NS&I Income Bond account
I am in the process of moving my cash out of NSI IB. Does the account automatically close when all the funds are withdrawn? If not, can anyone advise on the closure process? Thanks
-
How do I pay tax on savings interest?
Apologies for the silly question, but I am confused as to how tax is paid on savings interest? I hold a general (non-ISA) account with Vanguard for which I have received a tax certificate in 2020. Although the interest is listed as only 9p, I wondered how tax is paid on interest at higher amounts? Are you required to fill…
-
MSE Wealthify cashback
Hello everyone, I signed up yesterday with Wealthify following MSE's link. Apart from the first screen you get after you click on the link, there is no other mention to the cashback offer on the dashboard, messages or documents. Is that what it looks like for those who have recently signed up or signed up in the past?…
-
Does anyone hold a LISA with EQi?
Hello All, Does anyone hold a LISA with EQi? I've recently transferred in and I'm trying to get some clarification on fees. After much research I found they would be the cheapest as they charge 0.2% custody fee (with a 2 quarter fee holiday) and zero charges for buying funds if I do it manually rather than set up a regular…
-
OCF - How and when are they paid?
I had made the assumption that splitting 10k into two accounts with identical OCF would result in the same charges as: * 20k in one fund (0.2% for arguments sake) * 2k in ten funds (with 0.2% off). I thought it wise to validate this assumption first. Secondly, if you chop in and out of a fund how does it work? Say you hold…
-
Trustee accounts
Hi, I am looking for some advice on trustee accounts. I am currently a trustee with 2 other adults and the money in trust is also for adults. We are wanting to move the money from where it is (financial advisor) and put it into a savings account, however, cant find a bank that does trustee accounts. I would like to know if…
-
Youngish and inexperienced - How am I doing?
Hello all, 35 year old bloke wanting some opinions/feedback/criticism on my investments? I don't have any dependents at the moment so I can invest/pay debt a fair bit every month. My breakdown - Assets Total cash £7,000 S&S ISA (Vanguard FTSE Global Index fund) £22,000 Lifetime ISA (Vanguard FTSE Global Index fund) £22,000…
-
Suggestions for trimming portfolio please
Hi I see several posts asking for suggestions on rationalising portfolios. Well, our self-managed portfolio has around 50 holdings(!!), spread across a SIPP, a personal pension, various ISAs and a bit of dealing. Obviously WAY too many!So, just thought I'd canvas some thoughts.Our objective is to eke out these investments…
-
Investing in Whisky
I’m thinking of investing in Whisky, just buying a bottle a month instead of keep putting money into an ISA, heard there are good returns to be made as long as you resist temptation of drinking it!. Anyone do this successfully? Thanks
-
How much is covered by uk government if Investment house goes bust
Hi, I've been searching for an answer to this for quite some time from investors and investment houses but and am given different answers so... I have quite a bit invested with an investment company which specifically sells its own products/ funds/ SIPPS. I have money in a stocks and shares ISA (Stocks and ETFs (Gilt and…
-
Should I pay into AVCs or pay that money into my mortgage?
Hi all , I pay into voluntary contributions at work to boost my pension when I retire , but is it better to put the money towards mortgage instead ? Can anyone help me please .
-
Gold coins
Does anyone have advice on investing in gold coins? I'm thinking of regularly buying one as a long term investment for my children instead of starting a savings plan or ISA.
-
Cash ISAs vs mutual bonds
This discussion was created from comments split from: Regular Savings Accounts: The Best Currently Available List!.
-
Temporary Childrens savings
Hi, I'm after some help please from anyone who knows the savings world better than I can hope to. Basically my two children will have £9k each as part of an inheritance and I want to be able to put it somewhere (short-term until it's added to the rest of their inheritance) which will earn them a good interest rate. The…
-
Yet another critique my portfolio thread
I know there are many of these, but I, and I think, others find them endlessly interesting, so, here is my Critique My Portfolio thread( henceforth to be known as a CMP thread ) My SS ISA, been running since about 2012 and has gone through many evolutions as my ideas have changed. Out of a total pot of very low 6 figures =…
-
Investing courses/training
Has anyone used any of the courses or training available on investing better? I’ve heard good things about the Million dollar traders course (from the TV show of the same name). Any reviews?
-
Thoughts on current position and where to next?
New year resolution was to better track my NW, investments, salary etc so having now created an excel sheet, the below is a summary of my assets (home equity excluded). I’m 31 and hope to retire early (55) when I have no mortgage. All investments are to that end. VWRP 19.1%HSBC GLOBAL ALL WORLD 9.6% FUNDSMITH…