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Lump Sum to Invest - House Renovation or Savings?
How would you invest a lump sum of money if you already owned your own home outright? The amount in question would afford a second house as a renovation project, with the potential to 'add value' and resell. Or leave it in the building society where it earns 1% interest?
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Savings options - what would you do?
If you had say 50k, what would you do with it for the next 12, 18 or 24 months? Ignoring the current account game, the most atrractive options I tink are Aldermore's 1 year fixed at 2%, their 2 year fixed at 2.35% or Halifax's Online tracker bond at 2%. Unless I have missed other options, what would fellow savers do on…
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Is it now good timing to invest? Or should I wait?
It has been really volatile lately on the market. We r about to invest 90k combined cash and SS ISA into funds with 80% equity. Is it a good timing, or should I wait a bit when the turmoil is finished. Again, I know it's a guess work, just curious on others' opinion :j Thanks!
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Investing money for my baby.
Hi, I am looking for some investment advice regarding a financial gift that my mum is giving to my new born son. We are from the UK originally but have been living in Australia for the last 10 years. My mum is still in the UK and we are planning on registering our son as a UK citizen but intend to stay living in Australia…
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Cap gains tax query
Hi there Wondered if there are any smarties out there who can help. If you made a straight gain of £100k after deductions and allowances and say for arguments sake you had no income at all,would you pay 18pc on the first 43,000 odd and then 28 pc on the rest? Or would it be 18pc on the whole 100k . Thanks
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Barclays Shares - unusual letter
I have about a few hundred quid worth of Barclays shares, with dividends paid direct into my bank account (not with Barclays). Two days ago I received a letter by ProSearch, saying they had been instructed by Barclays to trace me as a cheque sent to me in 2013 regarding optional shares I didn't take on, had not been…
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Group First / Park First - Airport Parking Investment
I've been researching alot into Airport Parking. I've struggled to find reviews from people who have actually invested. Has anyone here actually invested into Airport Parking or know anyone that has? If so, what has your experience been of the scheme?
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Investment Query
Hi - I hope someone can help. I've been with my current bank/building society for 15 years. I spoke to one of their financial advisers yesterday and had a review of my current stocks & shares and also my corporate bonds. I've been advised to invest more money into some other investments, obviously I like to mull these…
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5% Savings Loophole
Hi, I want to setup the "60 second 5% savings loophole" but am unsure what amount of time is acceptable to apply for 9 different current accounts (“So let's imagine you want to open three Bank of Scotland, two Nationwide FlexDirect*, two TescoBank and two TSB Classic Plus*accounts to earn over 4% on up to £15,000.") Do you…
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This correction-type thingy...
Do you reckon it's got the feel of a crash on the way? There seem to be a lot of people trying to talk us into a big drop and, it has to be said, there are a lot of very major issues swirling around globally. I'm ready with ISA cash to invest and I'm absolutely useless with any attempt to time things but I must say my…
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Presentation on Grexit - tips!?
Hi all, I have been tasked with giving a 10-minute presentation at work on the topic "Is Grexit the better option?". I thought I would gather some thoughts from people on this forum who have obviously paid attention over the last few months. I personally have gone for this structure: * Grexit: An update * Better for who? *…
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Henderson UK & Irish Smaller Companies
I have been invested in this fund for some years now, in the last 12 months it is up 1.9%, under performing it's benchmark which was up 6.5%. I noticed that some platforms advise switching to an alternative fund because of it's recent poor performance. I tend to stick with funds in the past in the hope that they will come…
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Transfer to fixed bond account by mistake
Hi, I was trying to transfer into my eSavings account and transfer the funds twice by mistake to the fixed bond account, and now I can't transfer them back :( . Tried calling the online help desk but they can't help! PS: Its Lloyds accounts Pleas help! What can I do now?
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Advice for savings
Evening, My girlfriend and I have just got engaged and are now saving for a house and a wedding. Out of my monthly wage, I am saving on average £1350 a month up to £1600 when I can afford to. I still live with parents and take home a flat £2750. Just wondering what account type is best for the savings to go into. Current…
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100,000GBP coming in from Oz..what to do?
Hi all, I have GBP100,000 coming in from Oz for a deposit on a house. The money is coming from my mother-in-law. I'm looking for a bit of info on the following:* Will it be subject to any tax, and if so at what stage? * Will it be subject to any legal investigations, and if so how will this process work itself out? * Will…
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Scammers in Central London Addresses
Usual Scams - wine, 'Carbon Credits', worthless shares and land banks, flawed diamonds etc.- then resurfacing as 'Recovery Agents' for another bite at the cherry when the mark realizes he has been swindled. But according to a story in the FT today the scammers have been able to rent offices in Prestige City of London…
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CGT - Reporting losses too late?
Hello there, Having separated from my gf and money being extremely tight, I am going through my finances and realized that I forgot to report losses for CGT as at the time, I was not doing Self-Assessment. Looking at the HRMC website, it looks like you can claim up to 4 years after the end of the tax year that you disposed…
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Credit union savings.
I have £380 in my credit union share 1 account I also have a loan with credit union is it possible to withdraw money from my share I savings.?
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what to do with £50K?
hi everyone I have about £50K which is at the moment sitting in my current account (I know, I know - apparently is works better for me in there than in a savings account because interest rates have been pathetic, well until about yesterday) I don't really want to lock it up for 5 years or so. The thing is I'm renting in…
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Cash - Buying a house vs Investing
My wife and I have come into some money and were wondering what the most sensible thing to do with it is. We are currently renting but have enough to buy a house now if we wanted to. The advantages there are no more rent and anything I earn is now there for keeping the house, utilities etc and the rest can be saved.…
