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Maturing endowment: new home for funds?
For complicated reasons, my endowment policy will mature about five years before the associated interest-only mortgage needs to be repaid. I expect to receive about 30,000 pounds (a shortfall of perhaps 25,000 on the amount outstanding). Since the mortgage interest rate is absurdly low I do not want to repay it before…
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Giving up the day job
Can I have a show of hands of those who have given up their job to dedicate their time in full time study learning how to invest and are now living off that income? With redundancy looming I'm sorely tempted to explore the possibility of making investing my job.
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Recent graduate: Savings options whilst living abroad
Hi, Im 23 and have recently finished my degree so now I will be spending the next year working a stopgap job to pay off my overdraft. However come July next year I will be moving abroad to Japan for at least a year, but probably for 3-5 years depending on how it all pans out. During this time my wage will be in Yen, but…
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Funding Annexe as an Investment - Does This Make Sense?
I am considering funding an annexe at my parents' property to house my brother. He has been reliant on family members housing him since he suffered an expensive divorce several years ago. He was left with huge debts and no means of funding a home. For the last year he has been living with my elderly parents but that is no…
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Savings and Investment Options
Hi, I currently have £23k in the Santander 123 current account and this seems to be the best option at the moment, for my savings. After mortgages, expenses, travel costs etc, I have around £1,500 a month saved. I was looking to open a new savings account as my Natwest account offers next to nothing in terms of interest. I…
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current acc savings or ISA savings
With the slashes in bank interest rates to ISA accounts (e.g. 0.25%) would you recommend transferring ISA savings into current accounts that offer slightly better interest rates? Although ISA is tax free the interest rate is dismal, any advice much appreciated
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taxed on my tesco turnaround shares
I was awarded 219 Tesco turnaround bonus shares worth £350 on 23 may 2016. I decided to hold them hoping that they would go up in value, rather than take the money straight away. I was then sent a letter confirming all the details only to find they have deducted 71 shares totaling £113. This deduction is apparently for tax…
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Looking for broker with late dealing for fund
Hi there. I'm looking for a broker who will deal later than 5pm for a fund priced at 11pm. Unfortunately 5pm is the earliest the fund manager publishes prices from the previous day! Therefore to avoid having to deal based on price information almost two days late for this fund I need a broker which would deal later than…
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True & Fair
1. What is the forum's view and experience of http://www.trueandfaircalculator.com 2. I've 24k in a HL drawdown SIPP and considering one of its ready-made investment products until its depleted in 2 years. So short term low capital. Any comments to the contrary greatly appreciated.
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Do professionals in finance make it overly complicated?
Professionals working in the finance industry make it complicated for their own esteem, when in reality it's all very simple? With a small amount of research, and all the info available for free online, I believe anyone can set up an effective portfolio quite easily and cheaply. The finance industry deliberately frightens…
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Are we heading for a bubble?
My (relatively conservative) isa funds are more than 5% up since 23rd June, and (only slightly less conservative) dealing account 11% up. Is this just noise? We have no trade deals finalised, no great manufacturing resurgence, some purchasing managers report saying the biggest fall in future orders since the credit crunch,…
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Help to buy ISA help!
Hi Apologies if this information is elsewhere, I have looked and am unable to find it. Can someone please tell me how we can pay into the help to buy ISA quickly? I know Martin gives the example of February and March, but I would apppreciate some advice on how to get to the minimum required for the bonus. If we open the…
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Do you 'top slice'?
Simple question, if you've got a winner in your portfolio, be it a fund or shares in an individual company, and it has been on a terrific run since you bought it to the point that it now makes up your largest individual holding, would you sell some to 'lock-in' the profit? This would also have the benefit of rebalancing…
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Coventry BS reducing interest rates
From 1st September. In some cases the reduction is higher than 0.25%, but I cannot yet find a full list.
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Advice re stocks and shares isas
Having at last come to a decision on what to do with my OHs pension we will be getting a tax free lump sum in November 60-75% of which we will be investing. £42000 is already invested in my name and we will be adding a further £60-£100k over the next year from November 2016. Not sure yet whether to put it all in at the…
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Best way to invest a six figure sum
Hi all, New to the forum, so apologies in advance if I say anything that rubs anyone up the wrong way; that is genuinely not my intention. I was wondering if anyone can point me in the right direction to start looking into different investment options. I have a feeling the answer is to find a professional financial advisor…
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Help to Buy ISA
I will be starting a help to Buy ISA soon. My girlfriend already has one going on now. If we decided in a few years to buy a home could we combine them? Cheers
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First post
Apologies for my limited financial knowledge as much of the investments made have been through a Financial Adviser. My OH and I have investments, mainly SS Isas, although some cash as well. The FA uses Transact and the fund has a value of £179000. My first question is if I wanted to use a cheaper method of investing such…
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Can you help identify this fund?
Hi, I am making additional pension contributions via my work pension scheme and one of the underlying funds is ..... BlackRock World (Ex-UK) Equity Index Fund 100% I am trying to locate this fund on the market to see performance figures, current value etc (eg. using yahoo finance, google finance etc) however cannot seem to…
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How can I invest in FTSE250
Hi I would like to invest in the FTSE 250, I am not looking for a long term investment but rather buy and sell in the short term, I have looked at a number of ETFs with which I can buy and sell just as you would shares, but find that the ETFs don't reflect accurately what is happening in the FTSE 250, is there any way I…
