-
bank loan to invest in stock
As interest rates are so low, I'm considering getting a loan (you can get £15k at 3.3% with M&S, HSBC, and Sainsburys) and investing it in an index fund as a long term investment. What returns can you expect to get from trackers?
-
tax rate for 'non-ISA saving account interest'
thanks to MSE, i have Halifax account and Santender 123 account. this give me Halifax - £5/month (tax free) Santender - 3% interest (interest 2.4% after tax) this had been going good for about 6 months, and i started to feel this is incorrect. my tax code 1060L £45385 annual income (this is not real figure, but as an…
-
Maximising Help to Buy ISA
My boyfriend and I are both looking at opening help to buy ISAs to put towards buying our first house together. He already has around £3000 in savings and saves £300 pm I am just about to finish my degree and so don't have any savings yet but will be ready to start saving in a few months. Would be both be able to open a…
-
Savings
Hi all, not put any threads on for sometime here. I have some saveings that have matured from a 3 year Isa. Sat in the Halifax, in an almost 0% account. Ive been meaning to move it for some time, but the Isa's of course are all useless at the moment. Ive been reading Martins guide about the Current accounts. Myself and the…
-
Savings account, premium bonds, Help to Buy ISA
So I have been saving for a deposit on a house for a few years and I have managed to save a lot. It is currently in an ISA that has a 2% interest rate and I regularly pay into it each month. The government has launched the Help to Buy ISA and I would like to start using that for my regular payments. I would pay in the…
-
interest paying current accounts
Thanks to this site, we now receive over £100 monthly in interest on current accounts with Nationwide Flex Direct, TSB, Bank of Scotland and Halifax. WOW!!!
-
EMI share options and redundancy
I am about to be made redundant from my place of work, but I have some EMI share options from a number of years ago. The paperwork for these share options is horrendously complex and unintelligible, and it's hard to figure out what can be done about them. My company has told me that there is normally a 90-day period in…
-
Managing My Investment - Free Course
Just sharing the course that I'm currently undertaking to improve my overall understanding of investments. Its a few weeks in - but you can join any time and start from the beginning. It's about 3-4 hours a week depending on how involved you get and lasts 6 weeks. Best of all it FREE. You can just try it, if you don't like…
-
Police Mutual Regular Savings - Withdraw Early.
Evening, After some advice here. My girlfriend has a Police Mutual Regular Savings account. It's a 10 year plan (she's 14 months in). £100 deposit per month over 10 years. End up with £12,000 plus interest and a possible bonus. We checked the projected return recently and, after 10 years, it currently stands at £12,179.…
-
Watchwang, autowang... what are you saving for?
Couple of threads recently about spending money on cars and watches. Do you have a spending plan? A kind of saving and investment end game? Does this influence your saving rate and target? I kind of have a plan. Currently have a mortgage for £X and investments of around £Y. I'm slowly repaying the mortgage while building…
-
Short term investment
We are going to sell our property and build a new one. We will have about £150-£170k which we need to put somewhere with easy access for about 6months. We thought £50k each in Premium bonds but don't know where to put the balance. Any ideas welcome.
-
Savings with old-fashioned pass book?
Are there any accounts that the old fashioned pass book with them to encourage a 16 year old to save which I can also occasionally check to see she doesn't dip into it secretly? Many thanks
-
Teachers Assurance and LV merger
Has the merger between Teachers and LV taken place yet? When do they intend to pay out the merger bonus? :beer:
-
Conversion to clean funds by III
So iii have gotten around to converting my Thread needle European Select fund only about a month after they said they would do I guess that's progress. However, I am now showing a loss of £193k despite only depositing £4k into this fund a couple of years ago. Either something catastrophic has happened in the European…
-
What to do with inheritance money?
I've inherited a five-figure sum from my late great uncle and I have no idea what to do with it. This is the first time I've been in charge of it as I'm turning 21 this weekend and so my grandmother who previously had control over it is passing the responsibility on to me. I was going to use it as a deposit for a house but…
-
Savings Bond
I have opened a savings bond with NCBS. I expected them to put interest back in the account, but they sent it to my bank account. As it is a Bond, does that mean they original sum cannot be added to?
-
Oil opportunity
Hi all, With the price of oil being so low is this not a great opportunity to invest in shares or funds that are based on oil price ? If so which ? Or wait til prices go lower still ? Don't forget this is a question from a guy who is not an expert on such matters !
-
Deposit Compensation Schemes
Can you please advise the amount of savings covered in Barclays in Jersey. Thank you
-
Whats happened to the ICICI bank Hi Save Saver Account
It’s no long listed on the MSE best buy easy access accounts http://www.moneysavingexpert.com/savings/savings-accounts-best-interest But it is listed on the ThisIsMoney http://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html The ICICI site suggests the interest rate is…
-
Share Certificate Question
I'm new to shareholding, so I wonder if anyone can answer my question. I hold Royal Mail Shares in a designated account for my grandson, ready to transfer on his 18th birthday in 12 years' time. I opted for dividend reinvestment, so receive a share certificate twice a year, the latest one being for 3 shares. While the…
