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Building Socities how long before they disapper
I just can not see how the smaller societies can keep going in this current climate, savings rates are so poor can not see why investors are keeping money with them in 0.1% accounts.
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Where to put £13k?
I have been so fixed on sorting out new regular savers, i had not noticed that my Yorkshire regular one had just rolled over into year 3, so I have just had my interest added and I can now move £13k out somewhere. Where to now though? Don't need it to be instant access can be put away for perhaps a year or two. ISA's are…
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NS&I Index Linked Savings Certificates
I saw Martin recommend these a few months ago. I'm incredibly risk averse so the fact that its NS&I is very attractive to me but I have one question if anyone has the answer (I might just be being thick). These certificates are supposed to pay inflation plus 1% but what happens if inflation falls below zero will I end up…
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Rate cuts could spell end of free banking!
Why keep money in a bank then?? I'll take all mine out and find somewhere else. http://www.thisismoney.co.uk/saving-and-banking/article.html?in_article_id=480142&in_page_id=7 As the Bank of England cut rates further towards zero today - down from 1% to 0.5% - the future of free banking will be in doubt as bank profits are…
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Tracker ISA - Buying Shares
Hi all, My first post so please shoot me down if my understanding of this is way off. I will have £5000 i am looking to invest in about 3 months. I have currently decided to invest this into a Tracker (ftse 100) ISA but at the same time was looking to invest £1000 of this in some shares. As I can only open 1 investment ISA…
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OEIC Not Doing So Good
I just wanted to find out if anyone else is concerned about their OEIC. I have seen mine plummet of the last few weeks. It's actually dropped over a thousand pounds since I started it.I did invest for the medium/long term but I'm concerned at such a dramatic fall. Should I be patient and ride out the storm or am I best…
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Nationwide hoax message?
I logged into my Nationwide account this morning and received the following message: We are very mindful of the impact for our savers of the current low interest rate environment. To help savers, on 1 March, we increased the maximum balance limit on e-Savings Plus to £500,000. Richard Searle Head Of Electronic Channels I…
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Savings Accounts and Fixed Savings Accounts
I have two questions firstly what are the best three savings accounts at the moment (please give the bank and account name) and in fixed term savings are there any which allow you to add money to the deal but not take any out.
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March Base Rate cut discussion
This is the discussion area for the Base Rate drops to 0.5% News Service Please click reply to discuss
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New Bank Rate Today ?
New bank rate is 0.5%
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Northern Rock govt guarantee ends when?
Can anyone remind me when the Treasury guarantee ends? :confused: I've gone completely blank :rolleyes: d can't find the answer online. Ta
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Savings advice
Hi All, I am new to this. I would like to gain some advice regarding savings. The situation i am in is that my partner and i have got the deposit for a house saved approx 10k, however, i was wondering with is it worth keeping the money in a savings account as we are pretty much at the limit for our isas or should we invest…
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Opening an Australian bank account
Not sure if this is the correct forum but: I spend a couple of months a year in Australia and would like to open a bank account over there. Would want a savings account (maybe term deposit or esaver) and some account that I could get an ATM card on. It looks like all the big banks do such things but I'm not sure if it's…
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Saving to go travelling
Hello, I want to save to go travelling by November this year. My financial details are as follows: Earnings £1700 each month after tax Debts £4000 left to pay on a loan for my car £2400 credit card bill Every month, I pay out around £820 - £370 for the car, £250 on credit card bills, and £200 on rent to my parents.. The…
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Big Thanks to the members
Hi all Been a member on this forum for 6months but have noticed that since Christmas a lot of people are moaning about savings/Isa rates etc. I for one cannot thank you enough for the advice i got from you lot here during 2008 as to cashing in my poor performing endowments, transfering my and the wifes ISA's and savings…
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Index Trackers when interest rates are low
My modest portfolio has taken a battering over the last 18 months (mainly due to what was 10k of HBOS shares now being worth about 200 quid). I've finally decided to pull my finger out and get back on top. Now, I don't think you need to be nostradamus to predict that we're in for a few rough years of likely sustained low…
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Mi5 Alert On Bank Riots
http://www.express.co.uk/posts/view/86981/MI5-alert-on-bank-riots One of the most notorious anarchist websites, Class War, asks: “How to keep warm !during the credit crunch? Burn a banker.”
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Saving in a different country?
Hi all, I've recently moved to New Zealand, not sure how long I'm staying could be perm or it could be until the UK recovers. I've been keeping a keen eye on the UK economy and have read that the BOE plans to drop interest rates again! Unbelievable! So as a saver I'm going to get even less on my savings. I have 9k stashed…
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Fixed Rate Bonds - when can you "fix" the rate on a product
Hi We are currently selling our house, should be completelying before the end of the month. I am currently looking into options for putting the proceeds of the house sale into (we wont touch it for 6 months or so, but I don't want to tie it up for longer at this time). So I am currently looking at fixed rate 6 month bonds.…
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Scottish Widows oeic
I need a little advice In October 2007 i came into a little money (Lottery Win) and never having money before paid off my debt and banked the rest with Lloyds and of course got the sales patter and an appointment with there Financial advisor. He advised me to invest my money (£25000) in the Scottish Widows Dynamic income…
