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Savings account or investing large amount Q ?
Hello, i am 20 & i am soon to be selling the house i inherited from my mother for around £135,000 as it needs to much work for me to take on. But i know very little about finance & where it would be best for me to put this amount of money so that i get the best level of interest possible. I am going to be living in a flat…
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Long term monthly saving plan
Hi, My endowment just matured with L&G and thankfully did good. I'm now looking for a new long term monthly saving plan investing upto £100 monthly for 10 years or more. I looked at Scottish friendly societies but not sure. any help pleasse?
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Leaving the UK and dont know WHO to save with..
Hi All I am new to the forum so please excuse my ignorance if I have posted this in the wrong section, but I figured its about savings so..well here goes: I have just started working for a company who have placed me in South Korea. I am a UK expat now (or will be when the forms are completed etc) and so will be removed…
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Low risk commodities
Hello Out of interest, what commodities/shares etc are generally considered in layman's terms to be high risk investments? And what are considered to be low risk?
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IFA - paid for advice or non-charging, which is best?
I personally am not against the idea of paying an advisor an annual fee or monthly retainer style (with the thinking that they are not solely motivated by commission??). Is this foolish and a waste, can I get just as good advice from using a commission only? As a footnote - I recently saw an advisor from Ablestoke…
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Investing in cattle...
Hello I know this sounds like a strange one and it is but I was reading a biography of a very famous celebrity who was also a shrewd businessman and he invested in cattle of all things. This is going back 40-50 years. Just out of curiousity, is this something that still goes on and, if so, how does it work?
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ISAs Vs SIPPs
Hello, I have just opened a S&S ISA for the first time with Hargreaves Lansdown and deposited £20 to get it open. I've not put my funds into anything yet as I thought they would give you a simple option of high/med/low risk funds but it looks like I need to pick my own funds. Can anyone give me a recommendation on funds or…
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NatWest ISA Query
I signed up for a NatWest ISA last November and qualified for the +1.75%ish bonus on top of the normal rate because I transferred in (from IceSave!). I had already used my annual allowance so have not yet put any fresh funds in. The question is, when I dump £3,600 in tomorrow, will it qualify for the bonus rate, or is it…
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What shall i do with my savings?
I have just over £13k in a Nationwide Cash ISA. Now i am a very loyal customer and have waited for a few weeks to see if they were going to sort out their ISA interest rate (currently about 0.35%). Unfortunately nothing has happened, and now i have my interest for the past year i am looking to make the most out of the…
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Nationwide e-Savings closure - interest?
Hello everyone! I recently checked the savings rate for my Nationwide eSavings account for the first time in a while and was rather shocked to find that it had fallen to less that 0.5% (a far cry from the 7% it carried when I first opened it, but oh well :) ). Since I never make withdrawals, I decided to go with the…
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R85 questions
Can anyone help with a couple of questions about the workings of the R85 form? I retired last year and for the tax year 09/10 will only have interest income which will be less than the limit. I am not quite clear on a couple of things - is the R85 year specific? - the current version on the HMRC website refers to the 2008…
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hsbc high int dep bond, any1 got 1???
im thinking of this as im unable to transfer my hsbc isa into their cash e isa.??? hsbc suggested this bond. i can fix for 3 or 6 month, or 1 or 2 years. how do they work? -does it appear on my internet banking page? -where is monthly interest paid to? can it be paid to say my current account? -what happens when the terms…
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ISA query- can I start another?
Hi, I have a cash ISA with Egg and have paid in nearly my full subscription for the tax year but have also withdrawn a lot, leaving me with only approx £300 and today it is telling me I can only top up by £200 odd. Can someone advise, can I take out a new ISA tomorrow (it would be my second, and first in Tax year 09/10). I…
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Monthly income from £50k investment?
I really need to bump up my monthly income to meet rent and bills and i have a lump sum of £50k sitting doing nothing at the moment. Which savings account will pay out the most interest each month from this £50k? I dont want to risk any of this money in the current climate but i want it to work its hardest for me. Only…
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Obama an idiot or just needs a history lesson
In his world wide press conference yesterday Obama referered to Bretton Woods being negotiated in July 1944 over a cigar between the chummy Churchill and Rosevelt . Balderdash.!.. He should have known better than talk such nonsensense. Bretton Woods was negotiated by 44 nations looking for a new World Financial System (…
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Halifax Regular Saver advice needed
I have recently switched all my DD's and SO's to another bank but forgot to cancel my SO from my old bank so this month 2 x £500 amounts are set go into my regular saver. One of them has already gone into halifax whilst the other is still pending. Is there anyway I can stop the 2nd one being processed? If not I take it I…
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Nationwide - e-Savings Plus closure shock
Just a word of warning. I went to close my e-Savings Plus A/C yesterday having made no previous withdrawals and was shocked to find that on closure they will only pay interest at the lower rate of 0.10% rather than the current rate of 2.00% (and historical rates were higher so the difference is real)! Needless to say I…
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Ecology Building society
Hi Folks Feeling like doing some good with my savings and want to open a isa. Has anyone had any dealing with them? Just looking for some info before taking the plunge!
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Irish nationwide - safe?
Are the fixed rate bonds from Irish Nationwide safe? (ie £50,000 guaranteed) Also can you explain why the short term bonds have a higher AER than the longer term bonds. 4.5% to 4.0% - very competitive cheers, Richy B ps my first post :)
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new investor
Hello I am a complete novice investor. I have just been persuaded to open up a sipp by my accountant. So I have started to find out about investing. What I want to do is invest a couple of thousand in some funds and end up getting a better return than I could get by off setting my mortgage rate of 4 %. So after a quite a…
