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Where to put lump sum for 6 months?
We have recently inherited £80k and my work contact is up for renewal in March 17, so may need to dip into it then. Is there a place we can put it short term (other than a savings account) where we will benefit without risking capital? Would appreciate your thoughts
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Was asked to buy shares for family member, now the stock is delisted
So I've got myself in a bit of a pickle. Around 6 months ago I was asked to buy shares in a few companies on behalf of my father in law who isn't eligible for a S&S ISA because he's non-resident. I ran into trouble opening the S&S ISA so I didn't get around to buying the shares but I kept the cash parked. Anyway long story…
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Savings/Investment help
Hi im 17 and have about £2500 in a natwest savings account, theyve told me the interest rate will be cut to 0.01pc. so is there a better savings account i could put my money in or would it be wise to look into investing my savings into a bond/fund or stocks maybe? any help or information would be appreciated thank you
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RBS Instant Saver
Got this email yesterday about my mother's RBS instant saver account:- "We'd like to let you know about some changes we're making to our savings interest rates. From the 31st October 2016 we're reducing the interest rate on your savings account(s) and you can find full details of these changes here. This is because savings…
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Investment Advice
We would appreciate any advice on how to invest our current savings pot of approx £125k, currently all held in cash accounts. Due to falling interest rates we feel now would be a good time to look at investing for an improved rate of return but neither of us knows the first thing about investments. We had an initial…
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How to max out on LIsa and htb Isa
Hello everyone, I am in my 3rd year of uni. I have no plan to buy a house in the next few years. I was just wondering, in this time when interest is being cut everywhere, is there a way to save something important with these 2 products? How could i max out on them? Thanks
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Santander letter re. Stocks & shares ISAs
Dear all While a long-time MSE follower, this is my first forum post, thus reflecting my desire for any helpful feedback. Has anyone else been written to this summer by Santander regarding FCA concerns about investments sold between 2010 and 2011? My wife and I each took out a Fixed Return Plan Growth, which guaranteed our…
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TSB Current account change of interest rate?!
Just filled in a questionnaire for TSB customer services. Reading through the options it seems likely that the interest bearing current accounts will fall to 3 % on £1500 saved. They did question on other rates 4% on £1000 and similar but they all came to the same timing ... I suggested that my account with them would be…
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Skyline Markets - I think my son has been a bit silly
Hi, been a long time since I've posted here but knew someone would be able to help me! My son (just turned 19) stupidly answered a call from an "agent" of Skyline Markets - a binary trader - and was sweet talked into opening an account. My son, being a hard worker, but probably thinking he can earn a bit more - then sends…
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Buying a chalet holiday let
Hello all; I have posted similar elsewhere as not sure which section this is most suited for.. So there are a few holiday chalets to buy in Isle of Wight. Could probably get one for £30,000. There is an 85 year old lease on it. At the moment the site is awaiting to be bought so the clubhouse is shut. Site fees are £1500…
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Where to put £250k for 6-12 months
About to complete the sale of my house leaving me with a £250k Santander 123 current account balance. I'll be renting for 6-12 months until a property we might want comes on the market. So trying to figure out the best option to spread the £250k across individual banks (assuming I have £250k for after the 6 month and £1…
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Flexclusive Regular savings account
Just opened one of these accounts online today with £500. I know I can pay in £500/month. But it that per calendar month? Can I pay my next £500 in on the 1st September?
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Savings Account: 16 Year Old
I visited Martin early June at his show in Leeds, I spoke to him about getting my first job and wanting to save for University, my first driving lessons etc etc.. He recommended opening an Easy Savers Account from Halifax and setting aside around £100 each month, bearing in mind this was pre-brexit. Now its post brexit and…
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Any recommendations on best account / isa to setup for child
Hello folks, we have not long had a baby and I would like to set-up an account(s) for her initially a savings account and an isa as well. Are there any good deals or offers just now or any recommendations? We are in Scotland if that swings things any way. Any help greatly appreciated.
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Comercial or Residential
Hi All, I've recently come into an inheritance and I'm looking into investing into property. I was looking for a bit of guidance as to whether to invest directly into commercial property (not funds) or a residential property. The web seems to be full of differing opinions as to which is best so I was looking for some help…
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Keep savings or overpay mortgage
Hello I have 125k savings (earning 3%) and a 185k mortgage @ 3% 25 years to go Would you keep the savings or overpay mortgage? No plan to access the savings for 10 years.
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Pension Contributions and Tax Relief – Which Company?
Here goes….:eek: I have very little experience with investing but like many newbies on here, I have read many threads to improve my knowledge and have started to get an interest in how best to utilise unspent money. I have recently moved jobs (8 months ago) and I have been setup in my new company’s workplace pension with…
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Savings Account for 17 Year Old
I am looking for a savings account for my son but seem to be struggling... I went through many of the accounts suggested here of MSE but my son's age is a problem. Most seem to be either maximum age 15 or 16. And he can't apply for an adult account because he needs to be 18! Has anybody had the same problem and found a…
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Irish Domiciled Funds
Hi All, Can anyone with more knowledge of the fund industry than I advise whether there will be any ramifications from holding Irish Domiciled Funds i.e. a Vanguard FTSE All-World ETF post BREXIT. Thank you.
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Asking for stocks and funds investing practical beginner questions and advice
The average 5% annual return comes from FTSE100 and S&P500 simulators looking at the last 10 years (including dividends). By 'safe' I mean that they have been known to somewhat-consitently grow in value, yes I do understand that the past is not equal future returns. What do you think are "fund-and-forget" funds, ones for…
