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Should most investors beat the market?
Just over 10 years ago the S&P 500 equal weight index was launched, since then it has returned 10.2% a year compared to the normal S&P 500 (market cap weighted) of 7.1% a year [ source]. It also won over 20 years, however not on a "risk adjusted" basis. I have run backtests on this kind of thing myself, and the evidence is…
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Savings Accounts for a Mortgage
HI all MSE users, ive just posted in the Credit files section about improving my credit report in the build up to me applying for a Mortgage and a user notified me of the following Would it be possible that any of you know of any similar accounts that have incentives for saving for a mortgage. Such as cashback from a…
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Rate my S&S ISA
I’ve pretty recently started making monthly savings to a S&S ISA with Hargreaves Lansdown. I have two children and the aim of my saving is to be able to financially assist when, in 10 years or so, they’ll be thinking about University or buying a flat or something. As I said, I’ve only recently started doing this so this is…
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Should I abandon ISA's
Come next April I will have stopped working and what with the £10,500 personal allowance and the new £5,000 0% starter tax band giving me £15,500 I should not be paying tax. I will receive a tiny pension of £5,000 per year and about £4,000 interest on savings and that’s it until I am 66years old when I will get another…
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Small Value Canadian Cheque
Hi all, Not sure if this is the best forum to post in but here goes, I hold a small amount shares in a company listed on the Torrento stock exchange. The holding came about as a result of a take over of a UK listed company and now I hold a share certificate rather than held electronically under nominee. Anyway, this…
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Joint or Single Accounts for Grandma's Savings
My 92 year old grandma has recently sold her house and I'm managing her money for her. I'm opening various accounts - it's all sitting in a single current account at the mo - and want to know if I'm doing anything wrong (ethnically, legally, financially) by opening joint accounts with both our names rather than just her…
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Off shore transfer
Hi. Need some advice. I need to transfer £900 to a Greek bank account for a holiday villa. My bank, Santander, want to charge me £25 to do this. Is there a cheaper way?.
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Cash machine did not give me my £210 but still debited it from my account
Hi This is my first post and I know im probably in the wrong place so sorry, but just need a bit guidence from somebody ..anybody! Last Week I had to take out £200 from a cash machine in order to pay a chunk of rent bill in cash. The cash machine money slot opened and then closed, no money came out. I put my card back in…
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IG, Finspreads, other...
I'm new to spread betting - is there a generally preferred / established platform for UK users? IG and Finspreads seem to be the main players but it's not that clear how much cash you need to deposit with them in order to begin 'trading' :D
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£150k to invest/medical issues
Hello all Long time observer but new poster looking for your collective wisdom. Unfortunately, due to a serious illness (which I prefer not to dwell on), I have taken my full final salary pension and have £150K to invest. Background I am a single female aged 52 with one adult child (not at home). I live in a house with no…
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When Can I Stop Paying Tax on Interest?
If I have just left employment and am no longer an income tax payer, am I able to immediately stop paying tax on savings interest?
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Mii for £250k
My retired mum has recently downsized her property to free up about £250k which she really needs to generate some income for her (she has very little income outside of her state pension). She currently has about £100k invested in skipton MII which has performed well for her over the past couple of years. As neither of us…
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Closing a Santander fixed bond
Hello, I was wondering if anyone has ever successfully closed a Santander fixed bond before the end of the fixed term (without dying as this seems to be the only way to get your money back at the moment!)? I put my money away in January thinking I wouldn't need the money until next year (Jan 2015) but have got a new job in…
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Savings in the UK, earnings in Vietnam.
Hi there, I am moving to Vietnam in 4 weeks, but want to keep my savings in the UK. I am being PAID in USD to make things more confusing. Does anybody know the best way for me to transfer my money from my Vietnamese account into my British savings account? I intend to do this every 2 months or so and will probably combine…
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Investment options
Hello All! I am after some advice on some options in terms of investing. To set the scene, I get married next year so money is tight up until then. After this, I have a savings potential of around five figures/ annum. I have looked at different options and are looking at the following; - Saving the money in an ISA and not…
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Me again, last time. Promise
Hello all again. I must be the most annoying newest poster in here! Anyway I just got my bonus and I wanted to know what you thought. For those that aren't aware I go travelling next Thursday so time is critical. My financials below: Santander 123 current account £47,000 (I know this astronomically high for this account…
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Are X-O.co.uk ok ?
Hi, Just noticed the XO ISA (no ongoing fee, only a charge on closure...) and SIPP (flat £95/yr, I assume deducted from fund?) both look surprisingly good value, and the dealing fee doesn't look too sloppy either. Anyone used them, are they ok or is there anything to watch out for?
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What trade can advise me?
I want a professional to look at my mums money and advise on best way of getting a return, whilst minimising income tax exposure, and making use of possible investments in my name etc.... Which trade would do this? I asked a local IFA and he said he couldn't offer much advice over and above the tactics we had in place…
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Missed Investments
My father passed away a few years ago and he left a will with a firm of solicitors to act as executors. They sorted out all his property and investments, got paid and that was the end of that. I have recently found out that my father had other investments that the solicitors did not find and was wondering whether I still…
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Best ISA
Hi all. Hopefully someone can help. I have 2k that I would like to gain as much interest as possible (will be taking out in Aug next year) I have looked into ISas and they all mention if you have savings over 3k. I would like to have easy access just in case we need the money urgently. Can anyone advise the best way to…
