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Savings for my son
Hi forum, I put away £100 a month for my son last year with Halifax young saver. I plan to continue to put away £100 a month for at least 10 years and add it to what he has already. Where would be the best place to put the £1200 and the monthly £100s? Thanks a lot. PS I have read load of the guides but I still can't quite…
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Drip feeding is a waste of time
If you can lump sum investments beat drip feeding in the long term. Drip feeding can be costly in a couple of ways, the cost of purchasing an investment, and the loss of dividends because the entire sum is not invested. You are also at risk of just missing each upturn in the market if you drip feed. Of course you may not…
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Safe place for my house deposit
After a bit of advice. Having sold our house and now in temporary (up to 1 year) in rented, I need to put the £400k into some secure schemes. It's currently sitting a current account and I don't feel secure even though it's a big bank. I'm after a reasonable return but don't have the time to set-up multiple accounts and…
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What to do with old company shares?
Hi All I'm lucky enough to have found I still own a few shares in my old emloyers company. |About enough to buy a few teaspoons but hey ho! What is the quickest and cheapest way of selling these and realising the cash? Appreciate any ideas. Thanks CalumsDad
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Best way
I very recently came into a lump sum after the sale of my house. Rightly or wrongly I have paid off my CC and ODs. So now I am looking for suggestions on how to keep a healthy bank balance. A few details. I had a lump sum after the sale of my house and the deposit for my new home and associated fees had been retained by my…
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Help with savings for mortgage, what do I do?
Hi all, first of all I would like to thank you all for viewing this post, I am completely new to the forums part of MSE and decided to come on here just for a bit of help and advice from you guys to keep me on the straight and narrow :beer: I would like to apologize if this post hasnt quite been posted in the correct…
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Creating a world stock portfolio with ETFs
I'm looking to create a stock portfolio which matches the world stock market. I understand this can be done in a single ETF but this fees for this are too high (it essentially overcharges for the US market quite substantially). I plan on using accumulation ETFs if possible as I will be investing a lump sum for the long…
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Please advise on maximising savings
I have recently taken up a job that pays me close to 140k per year. In addition if I contribute 5.5% (through salary sacrifice) to the designated group pension the employer tops it up by 10 %, which I have currently signed up for. I do not need more than £2500 to spend per month (including my mortgage of about £1400 at…
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Alternative to Bonds?
Hi All - I live overseas, but need to keep some liquid and semi liquid money in England. I'm very familiar with Canadian and US saving vehicles but not with English ones. Could you help me out with listing all of the possible Bond alternatives there are in England? I'm looking for options that let me lock away money for 1…
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Help to buy ISA and savings account
Hi, I opened a current account and monthly saver with TSB in October last year and I want to keep that as holiday savings but also open a first time buyer savings account. Can I open both in the same tax year? On the TSB site monthly saver is separate on the list to the cash ISA so I'm hoping that means it's ok :/
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Need help saving £25k
Evening you lovely people My 5 year fixed rate bond has just matured from hsbc and I've come to find out the rates for similar accounts are drastically lower on interest. I don't need the money for at least and year or 2 to be honest. Still need to save more for deposit for house:) The best return I could find after…
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pound cost averaging with investment trusts
Hi, I have holdings in a few funds and investment trusts. I invest monthly by direct debit. I am aware of the benefits of pound cost averaging (eg buying more when the prices are low etc), but just wondered whether this applies equally to investment trusts as to open ended funds. I wondered whether the premium/discount…
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£6k, no idea where to put it?
I have about £6k and I am completely new to saving. I'm looking at all the facts and figures and can't figure out what to do. ISA's seem to offer terrible rates, whilst banks offer savings account with much better net rates but I'm not sure what the catch is. If you had £6k where would you put it?
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Increasing your savings return whilst investing in people.
With low interest rates for savers on one hand and so many people unable to climb out of debt because of the high APR they pay on credit cards on the other hand has anyone considered an investment whereby someone who has £20,000 in the bank could invest it to someone who has £20,000 of debt (but can only afford the minimum…
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Children becoming owners of savings set up for them
My MIL has set up post office accounts for her grandchildren in the past. I think they were set up in the children's names with her as the trustee. She has hardly any contact with the grandchildren, they do not live locally and they are now over 16. She says she is going to send them their bank books on their birthdays for…
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Internet PO Savings application Problem
I have tried to complete PO Instant Savings account via my my PO internet service, which took me to a secure application form. The tick boxes for opting-out of marketing are greyed-out & cannot be selected, though everything else is selectable. I would like to know if anyone else has found this an issue. I have raised this…
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Investment of small legacy for child not living in the UK.
My mother recently passed away, leaving me as Executor. She made bequests to her (named) grandchildren and any great grandchildren. One great grandchild, now 14, missed out on a Child Trust Fund payout which his brother has, and now lives in Poland. His mum has an active UK bank account, pays UK National Insurance and UK…
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BlackRock Frontiers Investment Trust Tender Offer
As a shareholder I recently received an email regarding the tender offer for (100% of) shares in BlackRock Frontiers Investment Trust. I lost the will to live not far into the 64 page pdf below. This tender seems to have been pre-scheduled and I see the offer is for NAV less costs, but I think I'm struggling to read…
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Anyone any good with IG Index charts?
As above, anyone any good with IG charts please? Struggling with opening more than 1 chart at a time and saving the layouts for different PC use
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Student Loan, Pension or Savings Account?
Hi there, For a few months now I've been having more of a disposable income than expected and am thinking about either opening a savings account and transferring the excess money into it, opting to put more money into my pension or whether to pay more off my student loan? My thoughts are that the savings account would…
