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Cahoot Savings (Intro Rate) reduced from 5.3% to 5% - Effective Today
As of today 22nd March, Cahoots rate for the previous 5.3% savings account (Opened between 24th June 2004 and 1st September 2004) has been reduced to 5%. ========================================================== Savings rates for introductory rate accounts available between 24 June 2004 and 1 September 2004 Account…
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Best place for 25k
I have recently come into about 25k worth of money from my late fathers will. I am unsure as were to put this money. I want to put it somewhere were I am not going to lose it but also somewhere with pretty good access i.e 0-3 months and that pays a decent interest. Does anyone have any idea's where i can put this money?…
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Best way to invest?
I have a very small amount of savings and want to experiment with investing to see if there is any worthwhile profit in it for me. Ideally as a first timer I'd like to invest £100-£250. Which route is the best way to a decent profit? I'll only ever invest roughly that amount and any over that I'll save. Obviously I know…
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Money Laundering Regulations
Hi, I was wondering if you folks could help me out here. I'm currently in the process of opening some new bank accounts, and as usual I have to comply with the Money Laundering regulations by supplying ID and some proof of address. Fair enough. Now whilst this is easy to do if I can get to a branch of the bank in question,…
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Unit trust yield confusion....
In simple terms, is yield of a unit trust comparable to interest earned in a building society account? Am I missing something here? If I compare the yields from some unit trusts (say for example 40 funds from F&C http://www.fandc.com/oeics.asp?pageId=26.1), only one seems to offer a yield better than the 5% available from…
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Should I cash this in?
Nearly seven years ago I bought a policy with a friendly society (that has now become Engage mutal). It is a uk equities policy. I pay £25 per month into it, so have paid approx £2,100. I received a statement last December valuing it at £2279. I now know that these policies tend to give poor returns. I intend to use the…
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Lump sum investment to mature as kids reach 25 years old?
Hi. My mother passed away recently, leaving a modest amount (£1,000.00 each) to her 4 grand children aged (18, 15, 15 & 12). The request was for it to be left and presented to them on their 25th birthday, which is obviously going to vary in term for the individual chilrdren. Is there a "best" type of account, or account…
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£50-£100/month to invest....
Hi All I'm looking to invest between £50 and £100 per month and wondered what peoples' preferred investment would be. I was looking towards an index tracker as I really cant be bothered with managing anything myself. I also believe an actively manged fund would not really outperform an index tracker by enough (if at all)…
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Premium Bonds - a wise investment???
Someone close to me has just invested £30k in Premium Bonds and I'm wondering whether this is a good use of this money. Has Martin written anything about Premium Bonds on the site? (I can't find anything). Do people think Premium Bonds are a good buy? Any better suggestions? (for low risk) Many thanks. :confused:
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Free 1000 Nectar points for opening a savings account
They haven't widely advertised this but if you open a Sainsburys Internet Saver account, you will get a bonus 1000 nectar points! I only enquired about the Internet Saver account so not sure about the other types of savings accounts. The interest rate is not bad and the minimum opening balance is just £1. You can apply…
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Am I saving wisely?
I'm maxed out on ISAs; contribute £100 per month each to stakeholder and AVCs. I transfer £500 per month to my First Direct savings account (5%). Would it be better if I used some of this money to increase my stakeholder and/or AVCs for my retirement (3 years time). Or is there some other form of saving I haven't thought…
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Index Trackers
Hi, I'm considering investing £50 a month into an index tracker as I want to put some money aside for several years. Just a few questions though..... Do index trackers under perform? i.e. can you loose the money you have invested? Do you have to follow the indeces of the ftse 100 or do companies offer the ability to follow…
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What would be the best investments for my Childrens money
Hello, I am new to posting here. I have 2 halifax regular savers accounts for my children ( one account each ) and I pay £20 a month into each one. This year the interest paid into them was a few pence short of £100 each. Am I correct in thinking that next year if they earn more than £100 interest they will have to pay tax…
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income funds...
What is the best way to earn a monthly income from a lump sum investment (say GBP40000)? I am considering a managed fund but am having difficulty finding information on how much they pay out! Is the yeild the same as annual interest paid? I am prepared to take some (modest) risk, and am hoping to make something like 8%…
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Info/help needed on Boots special dividend
Last month i recieved a 'special dividend' from my Boots shares. Problem is I don't fully understand whats going on! Web sites and papers hailed it as a great windfall for shareholders, with overall value being maintained, but it doesn't matter which way I look at it I seem to have lost £600-£800 overall depending on what…
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national savings account
my ex mother in law opened a national savings account for my daughter when she was born, and me and her son got divorced 2 years later.she has indicated that she has been putting money off my exs relatives in this account for my daughter all these years, but neither her or her son have ever wanted to see my daughter.now…
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closing childrens accounts??
Hi guys I'm a newbie so if i've posted in the wrong place I'm sorry! I wanted to know whether you can close childrens accounts before they become eligible for withdrawal at age 7 or do you have to wait until the child is 7 so they can close it themself. Also, can you invest on their behalf in fixed term bonds? They seem to…
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Best place to put house sale proceeds for short/indefinite period
Would appreciate some advice or suggestions as to where to keep a sum of money (proceeds of house sale) for an indefinite period (2 weeks to 6 months). Ive considered a High Street bank deposit account but dont know which one.
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Vanishing Account/Money - HSBC Regular (8%) Saver
Hi Has anyone experienced the same thing - I had a regular saver account with HSBC (one of the 8% ones) that was due to mature this thursday 23/03.... Since the weekend, the account (and its significant balance!) has vanished from my online banking view- and a call to the atrocious indian call center has got me nowhere....…
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r85 form
Could someone tell me if an R85 form is available to all savers opening an account for their children no matter where you bank.
