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What to do with current £40k savings plus £1000 a month
Hi Moneysaving newbie here. I've been reading the posts and articles across the site to get some ideas on how I can put my money to better use. Currently me and my wife have the following accounts: Halifax instant access ISA paying 0.8% which has £25,000 in. Nationwide ISA paying 1.5% which has £15,000 in. Plus two current…
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Best UK Savings Account for overseas child?
Here's my scenario, I'd like to set up a savings account for my niece (2 years old). My sister and her family live overseas (Indonesia). My niece has a UK passport, but wasn't born in the UK and wasn't passport wasn't issued in the UK and isn't resident in the UK either. Is it possible to set up a bank account for her…
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What do you measure and why?
Interested to know what figures people keep track of: net worth, gross assets, earned income, spending, net worth including or excluding primary residence, investment income and gains etc etc etc I have dabbled over the last few years and personally find the following three figures helpful: 1. net current assets (I think…
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Free sharedealing accounts?
Hi I currently have a sharedealing account with First Direct which is currently free, but they are going to start charging for this service soon. Are there any recommended sharedealing accounts that are free to hold shares? I have some FTSE shares held in an ISA and also some AIM shares which are outside of an ISA. I'm not…
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Investment Platform with 2 Factor Authentication
Hello MSE world. I wonder if anyone knows of an investment platform that supports two-factor authentication (2FA)? Described here: en.wikipedia.org/wiki/Two-factor_authentication (Sorry, can't paste a complete link) This should be an important consideration in choosing a platform, but various comparison pages don't mention…
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Certification of documents for identity verification
Banks and Building Societies have strict rules for confirming the identity of applicants applying for savings accounts, mortgages, or in my case to enable the closing of an account of a deceased relative as part of the probate process. I accept such rules are necessary but Banks and Building Societies go out of their way…
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Where am i best saving?
Hi everyone. This is my first time posting on this site although I have been a 'creeper' for a while. A bit of background- I have never saved and always spent spent spent. Luckily I have not a lot of debt (£200 on credit card for Christmas presents). Last year I decided at the grand old age of 26 I should start saving. So…
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Starting out investing
Hello, I have been thinking of getting into investing for a while now. I am very interested in dividend paying stocks as I love passive income. Now I am not really starting early as I am 23 years old and have very limited knowledge. I live in Europe and my income is not very high. I earn aproximatly $9k per year. Now after…
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Property Feeder lost 5% on purchase?
Hi I have just invested in a property feeder fund and it has dropped 5% on purchase. I notice the buy price is 77p and the sell price is 73p. Would anyone be so kind to explain as to why this is? Thanks
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I can save £800-£1k per month - what Regular Savings account should I use?
Hi everyone! I am in a position where I can save at least £800-£1,000 per month - I would really love some advice on what type of Regular Saver account would be best to set up a direct with? Thank you in advance for your help! :beer:
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Short term savings
Hi All, I have saved up £15K as a deposit for a new mortgage, I wish to save this short term and be able to withdraw with around 30 days notice. Does anyone know of any deals as I hate to see money sat there and not earn any interest. many thanks
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Online Broker recommendations
Can anyone recommend an online broker please? Thinking of starting investing, just a small amount each month. Really don't know where to start.
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Help To Buy ISA
Official MSE Insert: You may also find our fully researched Help to buy ISA guide helpful. Back to the original post... Hi, I've read a lot recently about the Help To Buy ISA's which are opening on Dec 1st 2015. Just wondering if anyone has any more details on these? I'm looking for a bank with which to open one, but can't…
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Which to go first, cash ISA or NSI index linked bonds
Hi, next April our 2 year fixed rate ISAs are up (2.2%)...and around that time so are some of our 3 and 5 yr NSI index linked bonds......we may need some money to live of for a year or two..so just wondering which one you would give up first?....the NSI have been OK, (we have rollde them over twice now), but they are…
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Withdraw from ISA?
Hi, I have a cash ISA with 2k savings in it and I would like to take 1k out to spend and then transfer 1k to the new help to buy isa when they launch next month. I haven't paid into the ISA this tax year so I should be able to open a new one but what do I need to consider before transferring 1k to my current account? Will…
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Virgin Money and LPA's
My wife and I have been appointed LPA's for someone and are therefore obliged to ensure their investments are protected and maximised. We used to do this informally before being appointed LPA's. There is a reasonable amount held in a Virgin Money Cash ISA which has been managed online previously. Today when I went online…
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Feedback on Close, Shawbrook, Investec
I have seen some good fixed rate deals on some of these not so well known banks (to me that is). Close Brothers for example have 5 year 3% at the moment. Although not earth shattering, good at todays rates. It is hard to find reviews / customer feedback on these institutions. Can anyone pass any opinions on their dealings…
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Advice for first time UK based investors
A group of friends and I (four of us in total) are planning start an investment fund in December, in which we each all invest £20 a week (£80 in total weekly... £320 in total monthly), and buy a particular stock once a month after carrying out some due diligence. In doing so, we hope to learn more about building a well…
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closing and opening cash ISA.
I closed my only cash ISA recently, which I started in April 2015 to pay off a loan. Is it possible to open another cash ISA this tax year or do I have to wait till APril 2016 to open another one? I'm getting confused with this new flexibility that you can take money out of ISAs and put it back in. Does it only apply to…
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Ethical S&S ISA
Hi All, Well, the time has come and I'll be starting to dip my toes into the stock market at the start of 2016 so I can build up some funds for retirement in 30 or so years ;) I've arranged for my work pension to be maxed out (ie max contributions from my employer) and I can still afford to put some aside every month. I…
