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what order? Suggestions please.
If you had a new mortgage for £190,000, a car loan for £14,000 (but no other debts), very little in the way of savings (having just paid a deposit to buy the house), and a pitiful pension, and came into some serious money (£250,000 over the next year), what order would you do the following in - pay off the mortgage, pay…
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Citibank US Dollar Account - Exchange Rate (Good??)
Does anyone have a US Dollar account with Citibank ? If so, please can you confirm the exchange rate they are currently offering to convert between US Dollars and GBP in their accounts. I'm looking into opening a US Dollar account as First Direct charge me £8 per time to receive a US Dollar payment, and convert at an…
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Aberdeen EM charges
I have some funds in Aberdeen EM through HL and understand that their will be an additional fee charged levied by Aberdeen from next month for new investments. Shouldn't HL be informing people of this charge or at least mention it when you look at the fund fact sheet? Have I missed this?
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Yorkshire Bank Issue 13 fixed rate bond
Hi there, I was wondering if anybody else got the same letter from the yorkshire bank as me. I signed up for a 2 year bond at 4% and recently got a statement in the post which stated my balance but underneath it said "The following credit interest rates were applicable at the statement date" Account balance 0-1000 0.10%…
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5 big ones !
Just got 5k any ideas I need help ? thanx
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Lost Halifax Passbook - Elderly person
Hi Not sure if anyone can advise..... This enquiry is on behalf of a work collegue (Person B) who is currently trying to assist one of his distant relatives sort out their finances (Person A) - this is someone with little mobility and is deaf. There is no power of attorney in place although A did sign a letter that…
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Investment Funds Organisational Structure
Hi, I'm relatively new to the Investment Funds world- and am getting a tad confused with all the different types and names of companies. I don't suppose anyone could help to detail the organisational structure of investment funds? I.e. what type of company is, for Instance, Fidelity and where do they sit with regards to…
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Countryside Land Holdings! CON! Can I get my money back?
I got sucked into investing in land some years ago. I gave the £5000 but it looks like it was a con. I see they were taken to court last year but is there a possibility of getting that money back?? thanks
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How to stay motivated to save as a 19 year old wanting a new car...
I posted a couple of months ago regarding whether it was a good idea to get a £5k loan for a new car as a 19 year old and the general consensus was that I would be much better off saving rather than borrowing which I came to agree with. I planned to save £500 per month and was aiming to have £3000 saved up in 6 months…
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Safety deposits in UK
Hi All, I am looking for a bank in London which provides safety deposit boxes. I checked at HSBC, who do, but wanted me to buy a box which they would then 'look after' - Natwest safety deposit boxes were full... Does anyone know of anymore banks? Thanks,
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80K for short term investment
Hi, I've recently sold a flat releasing 80K. We want to spend the majority of this renovating our new property over the next 9 months or so. We therefore want reasonable access to the funds (at least 30days notice or less) but want it not to be in our current account where it will dwindle away! Any suggestions as to what…
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What can I do with with my sons pitiful CTF?
Hi I opened a Childs Trust Fund with the Children's Mutual when the government gave each child £250 some time back. The account is actually now costing me money (I assume its not being managed particularly well...?). I understand I can't transfer it to a junior isa so has anyone got any advice for me on what I can do with…
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MSE News: Bank of Cyprus UK customers won't be hit by savings tax
"Savers in Cyprus could have their deposits taxed, but Bank of Cyprus UK customers won't be affected..." Read the full story: Bank of Cyprus UK customers won't be hit by savings tax Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum?…
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Santander Shareholders Warning
All Santander shareholders take note. The new scrip dividend scheme has changed the default action to taking shares instead of off market cash so don't ignore the form (as you would have done in previous years) coming through the post if you want the £.
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Growth and Income
Hi, Could someone please inform me of the fundamental differences between investing for Growth, and investing for Income? Thanks in advance, Alex
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Being prepared for a Cyprus
Given that Cyprus is going to take money from peoples' bank accounts for pay their debt, and there are rumours that this is going to cause a run on the banks in Cyprus and maybe other banks in Europe, what are the alternatives to putting savings in a bank apart from putting money in a safe?
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Advice on Share Incentive Plan (LBG)
Hi All! I've recently been offered membership in the 2013 Lloyds Banking Group Sharesave/Sharematch scheme. I'm looking for some advice. I've already decided to max out the Sharesave scheme, the option price is 40.62p and I'm going to pay £250 a month for 3 years and hopefully make a tidy sum (agree?). What I'm looking for…
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Put your money in a hole in the ground
Its looking like the safest place for your money is not money the bank, but somewhere else, and the safest porven place is a hole in the ground. Every so often we hear of people finding a goldern horde which has been in the ground undiscovered for 100’s of years. So before you loose your money to the government, get it out…
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Is there any correlation between Oil Prices and Energy Companies?
Take for example, this ETF: https://www.spdrs.com/product/fund.seam?ticker=xle It has an annual expense ratio of 0.18% and invests in a wide range of energy related companies, with the top holdings being Exxon, Chevron and Schlumberger. If there was a direct correlation, in that a 10% rise in oil prices would result in a…
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Kitemarks on Financial Products
Can anyone explain how the new kitemarks for financial products are going to help the consumer. It appears that to have a kitemark on a savings account there should be no short term introductory bonus on the account. I give an example of how this will not benefit the customer: Before Xmas Marks and Spencer part of the HSBC…
