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Low risk saving for the proceeds of our house sale.
Hello O Wise Ones We are near to a deal on our house sale. Proceeds will be about £380,000. Our plan is to buy our daughter's house, which is currently let to a very good tenant, and is worth approx. £180,000. The next purchase will be our dream fifth wheeler (large caravan type thing) with truck to tow it, so that we can…
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Secure Trust Bank 183 Day Tracker Account
About 3 years ago I opened a Secure Trust Bank 183 Day Tracker Account as it guaranteed to pay 3% above base rates for ever (i.e. no end date)[FONT="]. I received a letter this morning stating that they will be lowering the rate to 2.11% from April due to market conditions. Is anybody else in a similar condition and…
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Bitcoin
Hi All, Has anyone bought any Bitcoins? Just wanted some advice I want to purchase; what do you guys think is it a good idea or should I keep away? Can I buy physical or are they always non-physical? I hear ppl trade in them too. any help or info and comments welcomed Sorry if the questions are silly. Thanks
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Savings/investments
Hi all A quick question - we have £50k to invest and I'm thoroughly confused as to the best place for it... Cash ISAs are already done... How about Peer to Peer lending? We'd be happy to lock this away for 5 years or more...haven't got a clue about stocks and shares... Thankyou
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When to add lump sums to index trackers?
Would appreciate some advice from some of the more experienced investors on here. I am currently invested in a S&S ISA with Fidelity with various index funds namely; HSBC American Index HSBC FTSE All Share HSBC Pacific Index HSBC European Index HSBC Japan Index I contribute via a monthly savings plan equally to each fund…
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Markets Slammin'
The markets seem to be taking a bit of a hammering last few trading days. BG Group down 14%! Perhaps some buying opportunities are coming?
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Barclays Stockbrokers new RDR charges
Looks like details are coming out https://www.barclaysstockbrokers.co.uk/Pages/rdr.aspx https://www.barclaysstockbrokers.co.uk/Pages/price-changes.aspx Expensive, confusing and lots of exit fees. So an alcatraz pricing model like Hargreaves Lansdown, that is probably best avoided as escape will be difficult.
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Pay off Mortgages with maturing NS&I Bond
am retired. I have a NS&I 1 year Guaranteed Income Bond which matures this week. If I renew, the money is tied up for another year at 1.20%. I also have 3 Interest Only Mortgages. It seems to me, at this juncture, that I would be better served by cashing in the Bond and use the cash to redeem the 3 mortgages…… 2.25% 14…
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Some knowledge of law required
Hi my father will be selling his house and putting the money in a trust under my name, he would like me to provide him with POA so he can purchase property with this money using my name abroad. Is it correct that I can print out a POA form, get it notarised then get the paper authorised to be used abroad at the apporpriate…
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Hargreaves Lansdown asks clients for cash to cover new charges
http://www.telegraph.co.uk/finance/personalfinance/investing/10593082/Hargreaves-Lansdown-asks-clients-for-cash.html
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Is this a good idea? (Good investment)
Firstly please can I ask you to ignore typos my hand is in a cast plus there is a delay on the iphone. We have saved a 10% house deposit and can afford to buy a 170000 house by the end of the year. We have the 10% ready to go on up to 125000 which only buys us a house that I would want to live in for 5 to a max of ten…
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Large international transfer from Dubai to UK
Hey Money Experts, I need your wisdom here. So a couple of years ago one of my parents passed away and as a result we had to sell some property abroad and ended up with a sum of money, say 50k GBP in an account in Dubai. I now want to bring this money here because I'll soon be wanting to use it as a deposit for a house for…
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Finally able to save for the first time in years... Help
Hi, For the first time in around ten years I will now be debt free and able to start saving, probably around £5-£10k this year. Where is the best place to hold this money? I know this isn't going to make a fortune however, I would rather be as smart as possible. Where would you hold this money?
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HSBC bank
"IF YOU DON'T HAVE IT IN YOUR HAND, YOU DON'T OWN IT"! http://www.youtube.com/watch?v=LZApzOqjf0s BBC reports that some HSBC customers have been prevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it.. HSBC admitted it has not informed customers of the change in…
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Five AIM shares predicted to soar in 2014
Giles Hargreave has revealed which five AIM stocks he expects to soar in 2014, they are ACM Shipping, Egdon (up 275% since start of year!!!!) and include ASOS (despite mixed sentiment from analysts): http://www.investoo.co.uk/five-aim-shares-for-2014-picked-by-giles-hargreave/ Investing in AIM seems quite tricky. I think…
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Forced saving?
Hello everyone? I've got a bit of a weird question. I find easy to save money but once I notice that I've got a neat amount of money I tend to spend it :( I need to save some money to buy a house in the future and I was wondering if there is any savings account without withdrawals allowed, or as limited as possible. I've…
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ii SIPP transfers
Twice over the last two days I tried to set up an ii account with a view to transferring across my HL SIPP. On each occasion, today almost at the first step), I have hit system error telling me to phone them. I'm starting to have second thoughts as to whether this is the right place to be moving to. Have I jut been unlucky…
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Savings advice for newbie
Hi This is my first post and I am needing some advice which would be greatly appreciated. I recently have been left £70K in an inheritance. I have no debts, no mortgage, no wife or kids and no job. I have been a professional poker player for 4 years and therefore have not paid tax and basically I have a standard account…
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Where to start drip feeding 2014...
Hi, I think I'm ready to start spicing up my portfolio after saving my emergency fund of 7k - hoorah! This leaves me with £300/month 'investment' money that I'd like to start drip feeding, however my ISA wrapper is maxed out this year already. Would you advise waiting until the new tax year or start now? Also, what are…
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isa monies for mortgage lump sum
I have maxed my year isa allowance on cash isa but wondered if i used all monies in there to overpay my mortgage before end of march will i still get all the interest due to me for 2013/14 year?
