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Savings & investments

Archives for December 2008

Best place for under 16's money?
My daughter has around £6000 + at present in a nationwide smart account. We could safely put £6000 away for a year. Can she use adult fixed rate accounts and say she is a non taxpayer or do they specifically have to be the children's ones? She is just 15. Would welcome any ideas as to how she can secure best rates for the…
Sainsbury's bank
I have applied for an account with them and they have been very quick it was the internet saver. I have sent some infromation to confirm my identity as the electronic search proved fruitless. It was sent on the 29th of December and I was wondering how long would it take to get the stuff back and the account to be approved?…
whats the highest paying childrens saving account?
please advise kind regards
Help Maybe Emigarting Next Year
http://www.nationwideinternational.com/accounts/accounts_sterling_tracker.htm Hi, Maybe going to live in Oz next year for a while? Not willing to exchange at less than 2.5, so might have to wait a while yet? Anyway thinking of tucking a few bob away in the account above. What are you thoughts, any experieces? My thoughts…
calculate interest for 2 different rates
i borrowed some money from my brother at a rate of 7% gross/AER in 1st jan 08, as rates have fallen over the months, we have agreed the rate would be 5% from 1st oct 08 (3months), we therefore want to calculate the total interest payable. would it be this: 1000*0.07/12 for 9 months and then 1000*0.05/12 for 3 months?…
ETF Commodities
What are the extra risks in investing in ETF commodities? I'm thinking here of the counter party issue we saw with AIG, not whether or not commodities in themselves are risky. And are ETF commodities OK for long term investment, or are they better seen as for relatively short term trading? Thanks, and happy New Year to…
high dividend in 2009
Hi Out of curosity, which company will perform well in 2009 and offer high dividend for share holder. I am interested to put my money in stock market in a long term in order to obtain high dividend. Know best one? FT
A & L
Just clicked the link from MSE to A & L and the rate has dropped to 4%.
Best regular saver to open now?
I have an ING savings account with the following interest rates: Bonus interest rate of 2.96 % gross variable Bonus interest on balances over £ 869.23 until 02-Mar-2009 Current variable interest rate of 2.96 % gross Current variable interest on balances up to and including £ 869.23 So i am looking around for a better…
what will happen to Llloyd TSB's share holder
Hi guys I hear government will pump billion of pounds into that bank and I have been offered to buy new shares. There is some aspect of things that I am not sure about: 1) What will happen to my existing share? Will my shares disappear or shrink? 2) Will I get dividend in 2009? 3) Is worth to invest a little more money in…
etfs securities - backed by AIG
it looks as though th paper backed etf's offered by etfs securities are backed by AIG. http://www.etfsecurities.com/en/welcome.asp does anyone know how secure they are if AIG was to endure more problems or go under ?
Nationwide a joke!
I have money invested in nationwide e.savings account.When i put it there which was november 2007 it was paying 6.50% and now just read it is down to 1.5% !!! What a joke...why do hey think we will invest our money with them at such a pittiful rate??? I am obviously looking to re invest elsewhere,could anyone advise me on…
cash ISA or fixed rate regular saver??
I'm totally clueless about savings, etc - been trying to learn more but my head is spinning! We're currently saving to take the kids to Disneyworld - looking to save around £1000 a year for 5 years. We started off with one of those sealed cash saving tins(!) and opened it up to find a grand in there. Obviously this isn't a…
optimum period to tie up savings
Can anyone advise the optimum period of time one should tie up savings in a fixed bond. 1 year = 3.75% 2 years = 3.85% and so on upto a period of 5 years at 4%
Non-taxpayer, tax free investments and volunteering
This financial year 08-09 I have earnt well under my 603L tax code/limit and I have no more paid work for the foreseeable future. I am planning to work as a volunteer for the remainder of the tax year followed my a full 12 month volunteer placement for 09/2010. Obviously I will not be earning anything during this period…
Abbey e-saver interest
I have had an e-saver account for a number of years and interest is credited annually on the anniversary date of opening. Interest was due in October and Abbey have not credited the account. I only noticed this failure on 20th December but Abbey have not responded to e-mails or a fax. Anybody else experienced this problem?
Bonds - Where can I find prices etc?
I am interested in learning the bonds market with a view to investing in a few years. I am currently at little knowledge beyond they are like fixed loans and fluctuate in value (not talking government bonds) I have found a site to watch US bond prices and yields etc. So a couple of Q's does anyone know of a good site to…
40% Tax Question
Hi there, I would appreciate some advice please. I earn £26k a year and pay basic tax rate. Can you tell me what amount I can have in savings (assume 5% gross interest) before I will be liable to pay 40% tax. Also can you tell me is the higher tax paid only on income above this amount - i.e. you don't all of a sudden start…
Need help logging into SAGA savings account.
When I went to log in this morning it asked for a security question that was not one I had selected i.e. Memorable Date. On the log on screen it says to reset the security detail just enter your user name and click log in. I did this but an message then appeared saying I had entered incorrect information. Can you tell me…
how to invest redundancy?
Hi, Well after 16 years with 1 company I was made redundant in November. Good news is that I have landed a new Job which I start in the New Year. I ended up with a significant redundancy payment and severance etc so after paying off the car ( which I really want to do so that i dont have that worry if things go wrong…

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MSE News

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