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Help!! What should I do with my redundancy money
Hi All I have just opted for voluntary redundancy with work and will have lump sum of £31K and shares to the value of around £10K, and I need all your expert help as to what to do with it!!. I have never had, nor will probably ever have this kind of money again. I don't own my own house, we currently rent and don't really…
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Problems with fixed rate savings accounts? Sunday Times request
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Opening mulit saving account
I am keen on opening those free £100 account. However, I understand that there is a few bank offering them. Can I open the A&L first, transfer my money into there monthly, then open first direct account, and transfer my money from A&L to first direct monthly, then open the Halflex, and transfer the money from first direct…
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Best website/software for tracking and analysing portfolio?
With all my millions of investments spread across a S&S ISA, personal pension and a stakeholder pension, I'm looking for a way of tracking any analysing it. At the moment I use trustnet as it has all my funds and I find it easy to log individual purchases. The breakdown is better with morningstar (using its x-ray feature)…
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What account should we use to save for our wedding in 2 years?
Hello, Me and my partner have decided to get married in November 2011. We think this will give us enough time to save for the big wedding we want. Ok the plan is that from January 2010 (get xmas out of the way) we are each going to save £250 a month, possibly a bit more depending on finances but DEFINATLY £250 each. So we…
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Opening savings vehicle in UK from NZ
Anyone know how I can do this? The NZ/GBP rate is dire and will be for ages so we're going to tie up some cash we have in the UK rather than bring it over to NZ. I'm looking for a 6 to 9 months lock in to get some interest on £50k I'd love to hear if anyone has got any suggestions? We had to change our UK current account…
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Regular Savings or Savings A/C or mix?
My uncle has an endowment policy maturing - circa £100k. He is a low rate tax payer, the mortgage linked to the endowment is already cleared. His ISA 's are maxed out. So heres my advice but I have obviously missed some angles: He has opened 3 Vantage a/c's and will credit them with £7k each and rotate £1k per month. He…
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Help - how can I receive this money
Situation, a relatives probate has just been finalised and a few thousand was to be paid to my uncle who lives in Australia. He has decided to pass the money directly on to myself as a thankyou for looking after his elderly sister. I really appreciate it ! The problem is this probate happened in Donegal, I live over the…
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Coventry BS First Class Postal
I just opened one of these (should be at the 3.30% rate). I only posted the form and cheque yesterday afternoon and today it appears along with my other bonds. I'd had the forms for nearly 2 months and did nothing, but now it is open it might be useful a temporary home for maturing bonds in case there is nothing good…
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saving for mortgage deposit
Hi, I'm hoping to get 20k from the sale of my apt. I unfortunately have to come off the property ladder (long story) so i need to put the money into a safe savings pot. I'd like to add to it over time in the hope of saving to gather a bigger deposit for a future purchase. I'll only be able to add approx £100 a month so i…
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Question of the week: Can I have more than one ISA?
Q. Can I have more than one ISA? A. Yes, but you can't pay new money into more than one ISA of each type per tax year. There are two types of ISA, and each year you get a £7,200 allowance, of which up to £3,600 can go in a cash ISA and the remainder in shares (these allowances are increasing in the very near future). Once…
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Wanna start buying shares with £1000 we have saved. Where do I start?
Hi all Before I go any further, I am aware share dealing is a form of gambling. I also understand I could lose my £1,000 in total. Ok. I have saved up £1,000 from a 'Penny Jar' and with small selective betting on football. I would like to venture into buying cheap shares, but I don't have a clue where to start... I know I…
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Discretionary Trust Savings Accounts
Hi, Can anyone help? My dear mum died and left her money in a Discretionary Trust. But I want to put it into a savings account and naively thought I could use the normal High Street banks and building societies. However it does not seem to be as easy as that. I want an investment that is safe and gives 3.5-4%, not much to…
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Santander Guaranteed Growth Plan - Good time to cash in?
I have a total of £180,000 invested in an Abbey Guaranteed Growth Plan. It's a 5.5 year plan with a guarantee of 25% return on investment and a chance of more (although I expect that small chance of more is gone now). It was taken out when my mother was ill in a nursing home and we just wanted it put away somewhere safe.…
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MSE News: Bank of Cyprus boosts savings safety protection
This is the discussion thread for the following MSE News Story: "Protection for savers with money held in the Bank of Cyprus has been boosted from €20,000 to €100,000. This is the maximum amount of money each saver would be able to claim in the event that the bank went bust..." Read the full story: Bank of Cyprus boosts…
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Yeah ! At Last !
My S&S ISAs are back in the black. I held my nerve and didn't sell during that long dark period..... :beer:
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Help! Shares ISA 'Virgin' in need of advice!
Hi- I'm a regular user of the main site but this is my first post so hope you can help! I have Cash ISA's which I have invested in for the last 4 years (and have used this years limit). This year I have some surplus savings in a 3%+ savings account with A&L, but I'm a higher rate tax payer so in reality this is not worth…
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Moody's Puts ING's Ratings On Review For Downgrade
http://online.wsj.com/article/BT-CO-20090921-708441.html Unrelated to why it's happening, but background as to why it matters to UK savers: http://www.thisismoney.co.uk/markets/article.html?in_article_id=490972&in_page_id=53946&ito=1565
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Where to put 475k?
Hi we have finally just sold our house after 20months!! Hooray! We will have £475k to put somewhere though. Would you put the majority in Northern Rock (limit of £250k) and then spread out the rest over 5 other accounts because of the 50k limit or take the chance and put over 50k in some of the higher paying accounts. We…
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New Zealand Dollar is going insane!
Hi All, I am in a very difficult position. I am emigrating to New Zealand in Nov and went to buy some Dollars and found that they are the highest they have ever been. Can anyone shed any light on this? We want to transfer our life savings but am quite worried now. Is the pound likely to slip any lower? Can anyone recommend…
