-
Why are ISA's being recommended
I was left a legacy by my Mother which I have invested for income as I am disabled and unable to work. I am happy with the income investment, but my FA keeps pushing mini ISA's and Stocks and Shares ISA'a at me. As I am not an income tax payer, I am unsure whether these are the best home for some of the money. Is she just…
-
Barclays PINSentry: legitimate?
hi folks, just wondering if you can help me. I have just attempted to transfer some monies online from my barclays account to my nationwide flex account. This is the first time I have tried to do this, and I received a message that I was no longer able to transfer the monies until I upgraded to Barclays PinSentry. It asked…
-
Halifax 3 moth fixed rate
Hi all, just after some advice. I rand Halifax last week to open one of their 3 month fixed rate account at 6.95%. They said I had to open a websaver to fund it with so I said I would do that as well. The opened the websaver and I got the paperwork today but they did not do the fixed rate account. They said that I had to…
-
Rocky Northern Rock??
I just caught the tail end of a news report on German tv, which was, I think, saying that the British govt was giving up on NR, and an American bank was throwing in the towel also. Not quite sure what it was about exactly, but if the news comes on again, I'll update. I haven't kept up with the sorry saga, as I have no…
-
Spring cleaning the finances, need some advice.
My girlfriend asked me to take a look at her finances to ensure that she had invested her money sensibly and effectively, she wants to buy a house in the future but is not quite ready yet, and she is a basic rate tax payer who enjoys taking a risk from time to time. Her investments are as follows: 1. £6000 invested in…
-
Advice on how to invest Mums house proceeds to finance care home costs
Hi, I would appreciate advice on the following: We are currently in the process of selling my monther's house to finance care home costs. The current monthly cost of the care home is that we will need to finance is around £800 per month (£9,600 p.a.) We are hoping to realise a profit of £120,000 on the house sale. Our idea…
-
Best place to put a few thousand - interest wise ....
I have a few thousand - want to put it away as "emergency money." What is the highest interest rate in a savings account at the moment? (including fixed rate Bonds/Isas etc.) - long term investments. Is there anywhere where I can see comparason tables between different banks interest rates on savings accounts?
-
capital gains tax when selling shares
Hi - I am a complete novice when it comes to shares. I bought some quite a few years ago for £150 which are now worth about £660 I think. If I sold a portion - one third - to get £220 that would be a gain of £170 for that bit. So is that eligible for CGT or not? If it is, how would it be paid? Would a chunk come off the as…
-
Help with investing £55000
Hi, I wonder if anyone can help please?I have £55000 which I need to save as I would like to get the best interest on it asap.I have already filled my ISA.Is it better to open a few regular saving accounts with different banks ?thanks for helping;)
-
Any Ideas pls?
Hi, I have a friend in Spain who really wants to save now towards a lifetime ambition of 50th B'day trip to Oz in 4.5yrs time. The plan is to save approx 70 euro's per month. She has asked me if I would save the money for her if she sends it to me as she will no doubt be tempted to use it if she saves it herself or will…
-
RICI Index... How do i buy into this ?
Hi guys, Anyone know how to buy into Jim Rogers commodity index? Ideally would be via etfs but i dont think this is possible, any help appreciated. Thanks
-
Icesave 2 Year Fixed Rate - Is compounding included in AER?
Icesave offer a 2 year AER paying 6.6% and they pay they interest on maturity. Since they pay the interest at maturity there is no compounded interest - Is this reflected in the AER? Does it make a material difference to the interest rates?
-
How Low Will The Euro Go??
The company I work for buy products from Europe and sell them in the UK. Due to the Euro € being so low we are not making as much profit and redundancies are going to happen:(:(:(. What is your view of how the Euro will fare this year?
-
Buying Euro's....... Help!!!
Hi, I'm not 100% sure i have posted in the correct section but here goes. I have bought property abroad in Bulgaria and am paying for the property in Euro's. My second installment is due in May 08. The installment totals 9715 Euro's which at the time the contracts were signed equalled £6700 as the pound was healthy against…
-
Be wary "HALIFAX BOS ULTIMATE REWARD ACCOUNT"
Hi I really don't know if I am right with this but I will run it by you all. Went to the bank today to sort out 10% saver for my youngest son whilst I was there the assistant tried to flog me and ulitimate reward saver. She kindly listed the benefits for me and stated an intrest rate of 6.17 aer which sounds good does it…
-
Halifax interest rate change
Hi. I signed up for a halifax`fixed websaver account last night. It was a 3 month term and was advertised on their website as 6.78% apr, so i thought great i'll sign up for that. After signing up i checked my online banking and the rate said 5.97% gross. Even used their interest calculator on the website and it still…
-
How to calculate interest on savings?
Official MSE Insert: If you've arrived from Google, our fully researched ISA's guide, which includes the ISA Savings Calculator may be helpful. Back to the original post... I have a maths GCSE and can't work out how to do this :o I'd like to know for example: I have £1000, the interest is 5.75% AER (whatever that means) -…
-
Advice - Childrens Savings
Hi all I am looking for an account for my daughters inheritence from her grandparents now deceased. The adult savings accounts don't want to know and it seems difficult to get rates from banks for childrens accounts ie tax free. Hers is a lump sum and can be fixed for 3/4 or 5 years - over £3k. :confused:
-
Question about monthly interest
Hi, I feel a bit silly asking this question. If I open an account and choose monthly interest as opposed to yearly interest, and the aer is the same for both types, what difference does that make to the amount of interest paid over the year? On yearly interest does the interest earned each month get added to the capital…
-
Quick question on Index-linked certificates and money transfer
Hi, I've just bought some Index-linked certificates. I applied online where you pay with your debit card and it says to have the money available in your account. However, in the confirmation email I received, it says they will send me a form that I need to sign before the application is accepted. Therefore, because I…
