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£6000 and No Idea What To Do With It
Hi! I'm a newbie on here but have been stalking a few pages for a while. I have had this question for a few weeks and finally decided to make this page to get some wise words from you all. So my situation is that I have recently been given £6000 by my Mother. My mother has always worked hard and has always saved money away…
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At what time does account balance get recorded for credit interest calculations?
Hello you wonderful people, Have been following this forum for a while and just want to say thanks for the support and information you have offered. You treat yourself to a pint of beer, you have my permission. Does anybody know when banks record the balance for interest calculation purposes? I am sure it depends on the…
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Multi current accounts done, ISA maximised - what else???
Hi, Question re maximising (taxable) interest... I've got 14 current accounts working hard for me doing the transferring in a loop trick (yes I've got them ALL - but 1*), and have maximised my ISA. For at least the next six months I wish to put remaining cash (c£10k and slowly growing) in an account relatively accessible…
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Bank Account savings for max interest
Story here http://www.telegraph.co.uk/finance/personalfinance/bank-accounts/11577641/My-scheme-to-earn-extra-interest-on-current-accounts-failed-heres-why.html This lady failed her standing order because of weekends and thus incurred a penalty. The Tesco was empty when it should have had a transfer to pass on to another…
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Post Office Savings Account
If you have any cash at all in a Post Office Savings Account, withdraw it immediately and put it safely in a Bank - you have been warned! On Friday 8th May 2015 my account was suspended without any notification, contact or warning. The reason given was no transactions for 3 years, this is despite me logging in to my…
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NSandi investment account confusion
Hi all new here, I'm not very good with interest and money and things so if anybody can help me with this I would me very thank full. My partner found her old post office savings book and found it had £30 in it from 20 years ago. The NSandI are saying that the amount now after interest is only £48 which works out right if…
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500k Euros in Invest
Hi, I have 500,000 Euros to invest and I am totally at a loss what to do next. I have not used a financial advisor before and was recommended some chap at St James Place Wealth Management. I had a friendly meeting with him and he was happy to invest my money for a 2% annual fee, but I have since read some very mixed…
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TSB Current Account,
Classic plus account. I have a question about this account. It says that no interest is paid on balances above £2000. So does that mean you have to always have less than £2000 in the account to gain the monthly interest? Or does it mean that if you have £6,700 for example in the account, you will only get the interest for…
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Stocks increase but fund decreases?!?!
How can it be that the individual stocks that the fund is invested in are up 1.5%, 2.3%, 0.89% etc but the fund is down 1.7%? I just don't get how that is possible. The last few days the stocks are pretty much always been positive but the fund just keeps losing money. It's down like 4% now despite a week straight of…
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Best time to convert pound in dollars?
I been watching the rate for the pass few days and it has been increasing since last week where I saw the dollar at 1.51 now around 1.58 and new Zealand dollar around 1.98 now around 2.11 is it worth converting my pounds into these currencies. I have been unsure if I should convert them in to usa dollars or new Zealand…
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Trust information help required
Hi everyone. I am looking for the best place to post regarding help with a trust and income. Would it be here or another thread? Thank you
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LXB Retail Properties
Does anybody else hold this share? I think I am getting a bit more used to reading financial results now, but this one seems a bit too good to be true for a defensive low volatility holding so I want to know that I am not missing anything. Its currently my direct property exposure and is 5.7% of my portfolio. Link…
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Motor home as investment?
Hi Any thoughts on this? I am swinging between 1) thinking this looks like a good return on investment plus we get 3 weeks motor home use per year or 2) there must be a catch / might be more hassle than it is worth. I would be interested to hear any opinions. Has anyone here done this? I can't post a link as I am new here…
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Halifax Online tracker bond
Okay, so I just opened my first savings/bond account. I just lumped £2,600 into the account which will gain interest monthly and some small percentage when it matures in 18 months time. Anyone else use this Halifax online tracker bond? Can anyone tell me which day of the month the interest gets added (is it 30 days from…
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Pension vs ISA vs Offset Mortgage Savings
I have a lump sum of c.£30K in old ISAs (pre 2014) and I need some advise on where to best invest/save this amount going forward. Firstly, I don’t intend to use this years (2015/16) ISA allowance. Instead I hope to put payments into the mortgage Offset savings account which has 2.99% interest rate, given that new cash ISA…
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Which would be best the option?
My two children have a small lump sum, between £3000 and £8000, and I would like to know the best place to put this. They are both at/going to university next year, so would like it put away so that they don't feel the need to touch it.
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Got 4k sitting in post office account...
Hi, we get our child tax credits and family allowance (forget what its called now) paid into wife post office account.... we have let it build up for a while...but we get pittance interest..... Just wondering which bank/building society account would be the most profitable one to put this money into... We would like it to…
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Old Bradford & Bingley account with Santander
Checking through some old accounts I found an old B&B online account with a small amount in it. I can't find a way to access this on the Santander site and it isn't worth a phone call to them. Does anybody know how I can access this? Thanks
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Tax certificate
Does anyone know which banks and building societies will automatically send a tax certificate? I have already received a couple, but as far as I recall, not all banks will let you download it online. Some will let you order it online, others you need to request it eg by secure message or by phone. I have received /…
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Asset allocation review.
Id like a second opinion on my potential asset allocation. I havent yet decided which funds to use. This will be for my pension fund. Im 34 and plan to retire at 60ish. My pot is currently £12000 and ill be paying £500 gross a month. Global Corporate 4.17% UK Inflation Linked 4.17% Property 8.33% UK Tracker 25.00% US…
