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funds
how many funds are the norm to hold in a portfolio
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Advice on saving options for children
Hello all, My brother is about to become a father and I'm trying to think of gift ideas, but since I'm still a university student and everybody already bought all the baby things I thought I would put some money away for his children's future. It wouldn't be a lump sum, but rather something I can pay a small amount into…
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does this forum need another sticky
To hopefully help all those who type different versions of the same questions again and again. Probably best typed by bowl head. Something along lines of; Clear bad debts Emergency fund, cash see links Saving vs investing, time scales Trading is not investing Risk vs reward Pension, tax benefits S+s isa tax benefits…
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Need some help investing
Hi All I've managed to save up roughly £70,000, its all in cash placed within various isas, current accounts and regular savers. I'd like to invest in property because I want my money to start working harder for me and I'd like a passive income but I'm not sure whether I should go via the btl route. I've got a good credit…
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Registering for Tesco Bank account - UK Tax payer?
Hello I am filling the form out for a Tesco account, there is a question asking if you are a UK Tax payer, if not they will send a form so tax isn't deducted from the interest. I guess this is a R85 form which I have filled out for my other accounts with other banks as I am on a low income etc. So I do pay tax on the…
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House deposit saving - good plan?
Thanks for all the help everyone - since this post contained a lot of personal information I have decided to delete its contents.
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Best Investments?
Without going into too much detail, I have around £150-£200 per month to invest. I need to get the best possible to return in order to pay a lump sum off my mortgage in 15 years time. I realise that this may involve high risk, but it's a risk I have to take as cannot afford any more per month. I have stupidly been paying…
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Investing in a company which is not a PLC?
Is there any way? I've just read Peter Lynch's book One Up On Wall Street and he advocates looking for companies in your local area which have potential to grow rapidly. I've found a restaurant chain that I'd love a share of but its not a public company. I suppose this is often a problem with small businesses? The company…
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What to do with 100US$
I have approx 100,000US$ in a UK US$ account, the account pays me 0% interest and I figure their must be an alternative. My concern is that if I move the money to a GBP account I will lose too much on the exchange. I need the money to work for me but may need access to it so cannot afford to tie it in for any extended…
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EIS income tax relief & transfer
Hi, Looking for a bit of advice and wonder whether someone can help. I have £50k in an EIS and the shares were issued in September 2014. My issue is that while I had income in fy2013-2014, I didn't in 2014-2015, so can I get the income tax relief for the previous year? I should be able to claim £15k if I can assign them to…
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Please treat me like im dumb
So I have a post here https://forums.moneysavingexpert.com/discussion/5247289 which outlines my current finacial situation long story short I am going to put around 200 away a month in reg saving accounts for funds like 20% of my income, Poker Bankroll Builder and Holiday fun all in all ill be saving towards goals to the…
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Fidelity transfers from cash to non Fidelity funds are not same day
The Fidelity website states that orders for Fidelity funds are executed on the same day if received before 12am, while orders for other funds are executed on the same day if recieved on 11am. However, this is not the case if you are moving from ISA cash park to a Fidelity fund, as I found out. The purchase happens on the…
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Cash/Stocks and Shares ISA for 18 year old
A long-term savings plan for my son has now finished and my son has £10,000 to invest. He would like to buy a car but only when he gets a job and can pay the running costs. I am looking for an ISA/Savings plan where he can leave about £6k long term and have access to the rest when he needs it. I would be grateful for…
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Offshore funds - UK Reporting Status
Apologies if this is widely known, but have been doing some research on some potential offshore fund vehicles and reminded me of the UK Reporting Status issue which does not seem to be particularly well advertised to retail investors in my opinion. Hence for those unaware and considering buying an offshore mutual fund /…
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Transferring UK shares from one stockbroker to another
Hi, I have some shares in a UK FTSE 100 company that I want to move from my current stockbroker to another. Am awaiting confirmation that there are no broker-specific charges at either end to do this but also wanted to see if anyone else has done this and whether there were any other charges / points to consider I should…
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£100K to invest
My parents are looking for somewhere to invest after an imminent house sale. They are retired (65 & 70), but only have state pension and some modest savings that they are currently living off. They will need access to say £20k of the £100 within the next 3 years. Otherwise it could be locked away without access. They are…
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Funding Circle
Hi Has anyone used Funding Circle? How did it fare up in the end? From what I've been reading, it's good if you spread your investments well and the return can be around 5%. I know every investment can go up and down, and I'm not asking about that, I'm more curious if people have experience with FC in particular and can…
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123 Santander Current Account
Hi, A few questions about the Santander 123 Current Account and its rules: 1. Pay in £500 per month: Can this be transferred in from another account? As far as I'm aware it can't be transferred in from another of your Santander accounts?, but can it be transferred in from a different Bank account like HSBC, Lloyds etc? 2.…
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1st ever savings plan need advise!
Hey guys so just got a new job after around 4 months unemployed YAY! With that I have decided that im not going to start putting money away for various things and rainy days funds what id like is peoples advise etc I am going to list my INCOME/OUTGOING/SAVING GOALS. Hopefully people will have a look and maybe tell me where…
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PruFund Protected Cautious Fund
Hi, I'm interested in investing some money into this fund. Can you only invest through an adviser or is there another way? Thanks
