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Overpay mortgage or other investment?
Current situation is as follows: 68k savings split as follows: 42.5k higher interest current and regular saver accounts 12.5k measly 1% isa 5k premium bonds 2.2k Virgin all share tracker 5.5k in Hsbc saver (next to no interest but need the bulk of this readily available for house renovation costs) Pension: Monthly…
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Over 50's Investment Ideas
Hello Savvy Savers and Martins Money Tip Readers I would really be grateful for advice I am 52 and have around 60,000 to invest. I would like to make the most of this money as I am currently unemployed and do not have my own property. I am open to any ideas, one thing I have thought about is where you put money into…
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Reinvesting dividends in the UK: best platforms?
I'm looking to identify the best possible online brokerage investing platform in the UK, specifically with regards to reinvesting dividends. I am British but resident in the USA, and I maintain a Stocks & Shares ISA in the UK from before I left the country. I've been successfully investing in stocks here in the USA for a…
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Investment for beginners?
hi guys, Since the interest rates banks are offering are going down the gutter, I'm looking to get into cautious investing of a small part of my weekly income. I'm thinking of between £50-100/wk. What kind of investments are low risk and offer fairly good returns? I'm also reading a book about trading shares. Is this an…
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West Bromwich Building Society
Interest dropping w.e.f. 3rd October on most accounts no longer available to open: http://www.westbrom.co.uk/media/WBBS/Files/PDFs/Savings%20Rates/Unavailable/8763-08-16-03_Interest%20Rates_for_Accounts_No_Longer_Available.ashx
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Lloyds club 4% question
Not sure if this is in the correct sub forum but here goes. Currently have a Santdander 123 which I want to leave. Due to the £5 fee and reduced interest I will not be making much interest. I am considering the Lloyds 4% but do not earn £1500 per month to pay in. I earn £1450 so would incur the £5 monthly fee. Do you know…
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Add this LG fund to my VLS-- is it worth it?
I am thinking of adding a LG multi index fund to my VLS 60 inside my S&S ISA. The LG fund has a bit of property which the VLS does not. Are they to similar to be worth it? and better just adding money to the VLS 60. I know also there would be LG fund charges to add, but not platform charges? as my ISA is with charles…
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First Direct Savings Accounts
Hi, With regards to the 5% fixed for 12 months - I understand the account closes at the end of the 12 months. Can you open another (if the interest is still as good) or is it a case of you only get one chance with it as a customer? I ask as I don't know whether to open now (on maternity leave, may be able to squirrel a bit…
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How do dividends work in simple terms.
Good-day folks. If an investment fund pays £1.883 per year (I know it can change), and you have 100 shares @ £158.49 per share (£15,849). The end of the year comes around and the fund pays out £1.883 per share you have? £188.3 for a £15,859 investment? This seems awfully low return for nearly £16,000. That's barely 1.1%…
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Direct Debit Guarantee sort of sort of backwards
OK So a strange problem with a direct debit. It seems that the money which should have been collected hasn't been. Now normally that would be good. I've not been asked for the money, and it seems as if the company has forgotton that I owe them money. The problem is that I've just noticed I've not been paid 3 months of £5…
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Mortgage saving advice
Hi all, Since January I have been putting a big effort into saving a deposit for a potential future mortgage. I am living with my parents, and have a "regular saver" set up with HSBC, and a loyalty ISA. So far I have saved £9250 between these two accounts. I was wondering if anyone had any advice on anything else I can do…
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some good investment options
i want some good investment options can someone tell me where should i invest my money?
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Sorting out Aunt with Alzheimer's estate
Hi there, I have POA and am the main carer for my aunt who has Alzheimers disease and is currently living on her own, at home, with a care package in place. She has large numbers of tax vouchers relating to numerous shares, but she thinks that these were all sold off at some point, how could I check? She believed that the…
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£100,000+ inheritance
I have inherited just over £100K and need advice as to how I might invest this. I will use some towards house improvements and maybe even a loft extension but there will be a large some to invest. I would rather not invest in stocks and shares, or anything too risky. I am 50 years old and have a work pension. I should be…
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188k personal injury settlement
Hi all, looking for general thoughts and advice. I've recently been awarded a health insurance settlement of 188k due to which I'm disabled and unable to work. The money has been paid into a personal injury trust as I'm in receipt of some government benefits to help with my care. One condition of the trust is that I can't…
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Newbie
I am new here in this forum and I want to save money for my college Can someone give me a guide of how can I start saving my money?
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I'm addicted to saving
I'm 28 and currently save 50% of my income. 40% goes on rent, 10% goes on bills and then other 50% goes into savings. I only have £20k in savings but I'm absolutely terrified of being old and broke that I frantically save every penny I can. It's getting a bit ridiculous, I won't even buy myself a £40 video game for fear…
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Which type of investment for stability
Hi everyone, just curious as to which type of investments are considered the most stable. So they may only may 3% - 4% per year or some but they're pretty darn stable. I know nothing is guaranteed but gaining 3% or 4% each year is more favourable to me than potentially gaining or losing 15%. So what type of investment…
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Leek BS Regular Savings Interest Rate Reduction
Just had letter stating that interest rate for Regular savings account reduced from 3.5% (with bonus) to 2.25% 3.0% (without bonus) to 1.75% This is the old regular savings account which has not been available for new customers for quite a while. Sad times.
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TSB Monthly Saver - What rate am I getting?
I opened a TSB Monthly Saver in April this year when rates were 5% I've just logged in, looked at rates and monthly saver is now only paying 2%. Will I be getting the 5% rate still or has it dropped to 2% for everyone?
