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Rational share strategy
Finding some unexpected money, I took a punt on some Debenhams shares as an introduction to the stock market. I don’t have enough funds to get into shares seriously, because of the fees involved, so this is more for fun and curiosity. I chose Debenhams because a) they were at a high of 118p at the start of the year; b) on…
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Release a Lloyds TSB Fixed Term Deposit
I opened a 3 Year Fixed Term Deposit with Lloyds TSB in November 2012 as I received a large sum of inheritance. However my circumstances have changed greatly, and I need the money releasing as soon as possible. I have been in touch with the bank - they told me to write a letter explaining my circumstances honestly, and…
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Retaining control until kids aged 25
Hi, We have been saving money (from child benefit and from Grandparents) for the children, now aged 11 and 13, in a Nationwide Smart account. I am looking to move it so that it earns more interest. It has accumulated into more than I had expected and do not know at this stage how well they will manage such a sum of money…
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5% Current Account Saving Offer
I see one of the high street banks is offering 5% interest for the first 12 months on the first £2,500 held in the account, and then 1% on any further savings. There is the condition that you do need to pay in £1,000 each month. My question is, in theory could someone just open the account, pay in £2.5K, and then pay in 1K…
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Trackers for ISA
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Double your savings value at home
Unless you have a super-duper ISA savings account, not many of us have much cash put away for a rainy day, nor do we invest our cash as much as we did before the recession started in 2008. Instead, I recently started saving 1p and 2p coins. Not just any 1p and 2p coins, but just the 1991 and earlier coins because these are…
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Investment trusts - pointless?
I've been looking at diversifying away from the usual fare of unit trusts, and investment trusts seemed the obvious next step. But is it me, or do I not quite see the point? In a post-RDR world where a managed unit trust costs 1% not 1.5% AMC, an investment trust is no cheaper. Plus they're closed ended - that means you…
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x-o ISA
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Nutmeg.com
I've been reading up on Nutmeg.com - a managed ETF based investment platform and it looks pretty attractive from the outside. Does anyone have any thoughts or experiences from using Nutmeg or any anecdotal information / reviews to add to the mix?
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First direct regular saver is back....
.....this time at 6%.
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£30000
Hello, Next year I will be receiving £30000.00 inheritance money. I am 20 at the moment with no real assets etc. I am currently renting with my girlfriend. I have been racking my brain with how best to invest/ spend/ save the money. I would like to get a motorbike spending around £3000.00. Could someone please tell me how…
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My Northern Rock ISA maturing on 15th March
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CTF 'Non-Stakeholder'- What is this?
Hi, My neice has a CTF account that I see is a 'Non-stakeholder' with Nationwide. Does this mean that it isn't a straightforward savings account and that it is invested somehwhere? Sorry for the naive question.
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M&S Bank Advantage Cash ISA
What a waste of time and effort! Rushed to get application in by 21 Jan or thereabouts to qualify for the higher rate as per MSE. Confirmed transfer went through OK. Letter in post today dropping rate from 2.25% to a barrel-scraping 1.35%! Just transferred back out to the Cheshire. And I thought it was just the undies that…
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Investment bond - how does it affect my tax situation?
Hi there, First-time poster here, and numbers aren't my strongest suit. Please be gentle. I am fortunate enough to have just received a cheque from an investment bond that has been surrendered by a family member. I understand that this represents a 'chargeable gain', but I'm not sure how I deal with it from a tax…
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Best saving scheme for kids large investment?
My fourteen and ten year old children have been left £16000 each in a will. We do not want them to get access to it until they are eighteeny ears old. Can you tell me the best way to invest this to gain the most interest please? ISA? High Interest Account? Who with? Thank you. :)
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Is now the time to look at an S&S ISA?
Afternoon all, As the title suggests, is not the time to look at a stocks and shares ISA? The rates for a cash ISA seem to be very poor! Any input of the pros and cons will be appreciated. Thanks in advance :) Mr C
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Share dividend payments
I read on a company website that the last dividends for 2012 would be paid to all shareholders that were on the register on a certain date in December. Is this usually the way it's done? Can people really buy shares the day before, qualify for the dividend, and then sell them the day after? Does this affect share prices…
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Saving for a house deposit
I'm 27 and currently trying to save up for a deposit on a house, but I'm probably still about 3-5 years from being in a position of a) having enough money and b) knowing where I'm going to be based after I finish my PhD. Ideally I'd like to have a lump sum of about £30k to put towards a deposit on a house (nominally 20% on…
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First Direct Regular Saver is back
Hi all, Apologies if this is old news and there is a thread already (I did do a quick search but couldn't find anything). The FD Regular Saver is back - this time at 6%AER.
