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Making money from funds
Hi all, I have recently invested a very small amount into an index tracked fund just to see how it does over the course of 6 months to a year. My ultimate aim i suppose is to see whether in that time the fund seems like a good investment, and my fund is in profit. I realise 1 year is a short amount of time for a fund so…
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How much savings is enough?
I am trying to understand (or assure myself) what would be an adequate about of saving to have available and liquid... How much do you roughly have on your account or cash or both? Just as a balance... so exclude any locked investments, hypothetical sale of homes and harvest of money tree. If you needed to access money…
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HSBC loyalty isa transfers in
Sorry if this has been asked before. I plan to transfer a lump sum into the Loyality ISA from an old old isa account held by another provider, (one that I donot subscribe to anymore). Is transferring into a new ISA account such as the loyality isa mean that you have started a new subscription? The reason I ask is because I…
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Savings for 16 year olds
Hi, Hoping someone can help me. I feel like I'm going round in circles! My three children were left an inheritance each (around 10K pp) that I'm trying to re-invest. I've found a suitable investment for my younger two who are under 14. But I'm struggling to find anything for my 16 year old son. All kids investments seem to…
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where next?
Hi members, Please could you advise where next to put money... I already have: Santander X2 Lloyds club X1 BOS X3 Tesco X2 TSB X2 I'm single so no joint accounts Already have shares ISA forfilled Have other share investments Already overpaying mortgage Are regular savers the only option for cash? Thank you for reading this.
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Help please: Transferring money from Account
Hello again :) I'm having problems transferring money out of my Tesco Savings Account. What do I type here?: Reference / Roll number Enter your roll number if the account is with a building society. Otherwise you can add a reference to help you or the payee identify this payment. Is it the name of the account the money is…
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Closing to open at higher rate?
I have a BM Savings Online Extra (Issue 17) and Virgin Defined Access Saver (Issue 1) account. Both have recently put out newer issues that are 0.1% higher. It is annoying existing customers do not benefit from rate increases on essentially the same thing because banks put out as "different" issue. Can I close my accounts…
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Leaving H&L without transfer out Fees
Hello, I am paying £10 a month in fees for my ISA at HL while the rest of my portfolio is fee free at iWeb. I sent a transfer form to iWeb and have just been emailed by HL to say the transfer out fees are £55. I remember a thread from early 2014 about the changes to ISA fees and you could leave for free, is it too late to…
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"Real" property investment funds
Until around a year ago my investments included a fund which invested in actual property - comprising around 8% of the total amount that I have invested. But when I made some changes last year (essentially to reduce the management fees I was paying) I made what I think is a mistake, and replaced it with the same amount…
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Pension Portfolio question..
Hi, I put this on the pensions board but no one bit, so maybe it's more suited here? Irrespective of the pensions package do people think the below is reasonable? I've very recently began reading up on funds, pensions etc so will not make any rash decisions just looking for more opinions on whether this a decent enough…
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non profit making society investments?
I've recently took over the post of treasurer , we have £10K in accounts which isn't earning any interest besides 15K in our current account. Has anyone have any ideas where we could safely invest it please?
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UK Tax Haven?
Could someone please check the following calculation and confirm whether or not it is correct. Following the change to dividend tax from 2016/17, I have calculated that an individual with no income other than that from holding non-ISA shares (and some bank account interest), could receive the following tax-free income per…
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Fidelity: Baffled by changes to Charging Structure
Hi, I have a fair amount invested and/or held with Fidelity. I've recently received info from them to the effect that they are to change the way they charge me for their services, in line with FCA regulations. In the letter they say: "We have calculated that the new structure means that your overall charges are likely to…
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Balancing my portfolio - Global Income funds etc.
No Response to this thread on the Pensions forum so will try here instead for experience of Global Income funds (apologies for those that frequent both forums) I have recently retired at the ripe old age of 49. My DC company pension has approx £430K invested in: 10% Cash 20% Property fund 70% equities (70%UK 30% global) On…
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With Profits expenses
Hello, I'm hoping some kind soul can shed some light in the dark. I have units in "Friends Life FP with-profits" fund. I'm trying to understand how much it's costing me. On their factsheet it gives past performance, and says the percentages quoted are "before any deduction for charges but net of investment expenses". But I…
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Moving child savings to adult S&S Isa?
Apoloigies if this is the wrong place. I've saved about £3k for my 3 year old in a Halifax child savings account, but my husband is concerned about our son having control of the money at 18. I'd like to move it to a S&S ISA as the cash returns have been so poor, (and I'm ready to take the risk now) but can I move the funds…
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junior isa help
Is it possible to open a Halifax junior isa without even a £1 deposit ? My Halifax branch say it is ( I got a statement in saying nothing in my sons account but I thought there was _ unless I produce receipt nothing they can do?, I opened a junior isa for him last May but they say nothing in it) I Cant remember exactly now…
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Best personal finance blogs?
I'm looking to read more blogs about personal finance and early retirement. At the moment I like Monevator, MyRichFuture and TheEscapeArtist. They're good for us Brits. :) Across the pond, MrMoneyMustache is quite entertaining and I also check out FinancialSamurai once in a while. But does anyone have any recommendations…
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"Private equity is a pension aid for the young"
I saw this interesting article in the FT, talking about how twentysomethings investing for their retirement don't currently have great options for investing for the ultra-long term 40+ years. Here is a link to the article. http://www.ft.com/cms/s/0/4426d41c-2944-11e5-8db8-c033edba8a6e.html?siteedition=uk#axzz3fyht9IR0 The…
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How many bank accounts?!
Hi Guys, I'm just checking in for some advice regarding my situation and bank accounts. I have a Santander account (3%) maxed out. I have a TSB account(5%) maxed out. I have a regular saver with FD(6%) and I have just set one up with TSB(5%), both filling the max possible. I do still have some money kicking around not…
