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Investing for a child
My son has recently been left a lump sum of money by his grandfather. (est £15k) I would obviously like to invest this wisely for him to achieve the best return but I really don't know where to start. He already has a CTF and is 8 yrs old. Advice please.
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Help needed re investing in property to cover nursing home fees
My mother in law is in a nursing home, and we have an offer on her house. We need to raise a certain amount per month to cover the nursing home fees, as obviously she doesn't want all the income from the house sale to be eaten up over the next five years by her costs at the nursing home. I am aware that there are a number…
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Coventry BS - Covered by £85,000 guarantee?
I'm just a bit confused here and would appreciate any enlightenment. My wife has just opened an online savings account with the Coventry Building Society. She's now received the acceptance and loads of paperwork amongst which is a slip of paper which reads as follows ... "Coventry Building Society is authorised by the…
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Investing in Sectors funds
Hello, I was wondering if there was any way of finding funds which specifically invest in certain sectors, ie Healthcare, Communications, mining? Thanks in advance A
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Saving Advice
Hey all, I am a single male 28 year old Londoner. I'm ashamed to say I've only got 4k in savings currently and its taken me 27 years to learn how to budget :( I kind of feel like I should be making up for lost time now. Just had a pay rise and this is my current monthly budget: Pension Contribution before Tax 4% (employer…
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Advice on how to invest £2000
Dear forum users, I've been given £2000 as a one off gift for Christmas, I'm thinking of investing it in the Cazenove UK Smaller Companies Fund through the Fidelity fund supermarket in an ISA, as I predict the UK economy to continue to improve over the next year or at least stay about the same. As a investment newbie I…
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Selling future income
Hi, I would like to raise some capital for another investment on the back of the following. I have leased some land to a blue chip company that extracts gas. The lease agreement of 15 years (14 years left) generates an annual income of £35k per annum payable in quarterly instalments so there is still £490k left as future…
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ISA vs buy to let
Hello, As I'm now in a position to have spare cash to invest I want to come up with a long term financial plan. My situation: - 23 years to go on a mortgage - Ability to repay it in 10 years - No considerable assets / savings at the moment (less than 10k) My plan - Repay the mortgage ASAP (ca 10 years) - Once mortgage free…
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Looking for the best deal - savings
Hi Whats the best I can hope for on savings of £100k? So far I haven't been to get advise from any of the banks but looking online it seams that fix bonds seam to pay the most on that sort of amount. I am happy for the money to be locked away for one year, but I am not keen to sign up to a bond of a longer term. So far…
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Advice re sending money to UK from abroad
Hi, I'm a UK citizen living in Mexico. I'd really like to send some money to the UK in case of a rainy day. I was wondering if anyone could tell me how much I can send over without causing problems, indeed I imagine that I probably need to tell an authority where the money comes from. However I have no idea who or how. I…
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Investor compensation schemes - are you covered?
Ive seen a few posters on here asking about this and saw this over on the Monevator blog: Investor compensation schemes – are you covered? might be of interest to some....
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fund going into soft closure, whats the implications?
Hi sorry if this in wrong place it seemed the best place for this. I am a amateur investor and I have some funds and shares invested with Barclays and Hargreaves Lansdown. One fund I happen to have in both accounts is Cazenove UK Smaller Companies Class B Accumulation, it has done quite well but today I received a message…
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Need some advice please =(
Hi everyone, I currently have £12,500 saved in a Natwest E-ISA account and this rate is scheduled to drop to 1% at the end of January. In addition to the above, I also have a Natwest loan and pay £246 per month with the settlement figure now £3500.00 I save at least £500 most months and sometimes put more aside, however I…
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Fund price goes up - my investment goes down
I invested £1000 in Henderson European Special Situations fund, HL SIPP, yesterday, Sunday. The deal was completed today. My £1000 is now worth £992.50, a fall of .75%, despite this fund price going up on the last two days of last week and today. How can this be so? There is no offer/did spread with this fund on HL.
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Want to start saving. What to consider
Hello, this is my first post and I'm going to ask some really dumb questions that I should really know the answers to. I promise I will endeavour to be more intelligent after this. I am a student in my early twenties. I've always been very good with money so I thought I could start saving next year. I have drafted a…
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Understanding holding valuation
Hello, On the 20th December I invested into two funds: AXA Framlington Biotech and Marlborough Special Situations Fund Acc. The amount invested into each fund was exactly the same £5,389.92. When looking at the valuations of the funds within the account (a Fidelity SIPP with no initial charges), they are as follows: AXA…
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To SIPP or not to SIPP at age 40 ?
Hi, i wonder if it's worthwhile to start saving in SIPP now as i will be 40 years old next year. I'm in the company pension scheme but the pot is small so don't think it's enough to transfer to a SIPP. Anyway i will want to keep it going to get tax/NI relief and contribution from my employer. I have also maxed out my S&S…
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Whats your top fund pick for 2014?
Hi, Just for fun what is your top 2014 fund pick for growth. Personally I still think UK Smaller companies will continue to grow well in 2014 as the UK economy strengthens and think that Fidelity UK Smaller Companies is the pick of the crop. What is yours? Jabba
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CTFs can be converted to Junior ISAs
Long hoped for and now finally confirmed: http://www.bbc.co.uk/news/business-25491629 but not until April 2015
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Invesco Perp HK & China fund factsheet differences
Hello, I was reading a This Is Money article about where in the world to invest. It gave me a link to the Invesco Perpetual Hong Kong and China Fund. I then had a look at what I thought was the same fund using Fidelity's website. I can't reconcile the data across the two sources. The first source says the fund price is…
