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Surplus Monies
Hi I have a surplus £20K sat in my bank acct and , a spare '£500' per month regular income. Have a 3 yr fixed rate mortgage and have maximised my ISA. What should I do for best return on this money - savings acct?, buy2rent, pay off mortgage? i also have another approx £25K coming 'in' over the next 18 months. Thanks
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Savings help and outcome.
Hi there, New to this site completely, please bare with me. OK - at the end of dec 2009, I will be inheirting 1,500.. 500 for a new car... 1,000 in savings. I have had my savings account since I was a little boy. and now looking to put a further 1,000 into my nationwide saving account. On 1,000 how much interest should I…
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Protecting deposit against inflation
Hi, I've read a few commentators' opinions that we can expect high levels of inflation over the next few months/years. My position is that I have a relatively healthy deposit of around £30k which I contribute about £2k to every month. I'm currently renting and happy doing so for the time being, but may look to buying…
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switching investment
I have been reading up and asking question before opening a fund with Hargreaves landsdown. I have a question about switching funds, if I'm not happy with the fund I have. It seems easy enough to change funds and the charges seem low, but have I got it right that you would only get the selling price of the fund your…
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BEst way to use 5k
Im gettin a modest bonus of approx £6000. Although a grand would prob get used up in a holiday, I'm unsure about how best to invest the remaining 5k. I can't lock it into any fixed rate savings instruments for more than 7 months (since I may need access to it sometime mid 2010). ANy advice would be much appreciated!…
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Best one year Fixed Rate
Hi I have a lump sum of over £50,000 to invest but I only want to lock it away for twelve months. Anyone any idea who is paying the best rate?
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sharesave scheme- company takeover speculation
Hi All I am saving in a sharesave scheme at work and there has been an offer made for the company. If the company is sold what would the likely outcome be for sharesave members? There are still 2 years to run before the end of my scheme. Does anybody Know? Someday Soon
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Advice needed for short term savings
Hi I am looking for some advice as I am a little confused. My boyfriend and I have £70k to put towards a deposit for a house. We are not planning on looking for a house for another 3 - 6 months as my boyfriend has a flat that needs renovating first. We need to find somewhere to put the £70k in the meantime. We are thinking…
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supermarket funs question
In researching funds to invest in, they have they have all different confusing name like:Active managed, specialist, absolute return, income, balanced fund etc. Although some are self explanatory some are not, is there a website that explains all these meaning please. Thanks
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Investment % increases compared to Bank accounts
Hi, Quick question (excuse my ignorance): When you read about a funds performance, say over the last 3 years and it says it is up by 15% is that as a total amount from the start amount? Only because when you talk about a bank accounts fixed rate for 3 years and it is 4% this is the amount increase each year. Is this right?…
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Junior miners fund
I'm thinking of going for the MFM Junior Mining fund early next year in an ISA (sry, board won't let me link). Problem is they have a 5% up front fee, and I can't see anywhere on fund supermarkets that would discount that amount. Any suggestions?
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Where can I find a list of Index Trackers?
Preferably for the UK but I'd be interested to see other trackers. I've tried TrustNet and MorningStar. I can;t seem to find a list on these websites.
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Money to invest
:question:Hi all, I'd like some input as I'm in a bit of a quandry. I will be selling a flat shortly and will have roughly £75,000 from the sale. I don't have a pension so need to use/invest this money wisely but I'm not sure which way to go on this. PS I am 56. Option 1 - I have thought of buying a property that needs a…
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help having trouble with matured halifax regular saver
has any one had this, my halifax monthly saver anniversary is today, the money that was in there plus interest (which has been credited today) is now swept into the nominated account. i have gone online to transfer into my halifax current accounts and wont let me transfer there and it also will not allow me to set up a…
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How does a sock and share Isa work
With a normal cash ISA you receive your interest gross either monthly or yearly. If I open a stocks and shares ISA how would the ISA work? I invest my money and either it goes up or down, so how does the Isa work if there is no interest. Thanks
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Question about kids savings account
Been looking for a savings account for the kids and came across this from The Cheshire and also The Derbyshire http://www.thecheshire.co.uk/investment-saving-account/childrens-savings/childrens-savings-bond.asp I don't understand the 'Interest All at Maturity' figures of 21.55% gross, 17.24 net. I know it's the AER of 5%…
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£100k to deposit short term
We've sold our house and are going to rent short term (6mths or less) while we look for the next place to buy. With any luck we should have about £100,000 from the sale, just wondering what/where would be the best place to save this given that we would want fairly easy access. From what I can see the Northern Rock account…
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£70,000 to go in fixed rate, ISAs, trackers, funds and anything else?
I inherited £70,000 quite a few years ago and it has sat in a nothing pit of a Post Office savings account for too long to bear thinking about. I'm still young-ish (24) and have finally seen that this is unbearable wastage. I have moved everything to the Ulster easy access and have then distributed £20,000 to a 2 year…
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Advice for saving for a childs future
Well I have just opened a CTF account but I am not planning on paying too much into this account, just a small monthly amount (around £10-20) and adding any gifts they receive from relatives for birthdays and christmas etc This is because I don't want him to have access to everything we have saved for him when he is 18. I…
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Lloyds Non-Cumulative Preference Shares?
I have a few of the Lloyds Non-Cumulative Preference Shares, which were given to me years ago. I have just received a letter from Lloyds offering to buy @ 70p per share, should I sell or hold on, the dividend was £12.95 every 6 months but that has now come to an end due to an EU ruling. I am not in need of the cash at the…
