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lump sum
I have a lump sum of just over £5000 which I want to invest to get interest on it tax free.I dont work and so cannot afford paying in a regular amount through a salary.I also will not be adding much to the lump sum with savings.I just want advice on a savings account or isa that will let me put the sum in and just pay…
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Trouble contacting ICIC Bank?
New to the forum, so hi! I am trying to get through to ICIC Bank UK. I phone the 0344 412 4444 number and get through to an automated attendant. When I select an option I get cut off. Also tried the 020 347 8519 number, but the same thing happens. Any advice? Thanks, Paj
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Another credit Union bites the dust
They seem to go as regular as clockworks. https://www.fscs.org.uk/news/2017/april/yoker-credit-union-limited-goes-out-of-business-fscs-to-protect-1200-members/
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savings help!
To cut a long story short i will soon be receiving 35000. This will be used as a deposit on a house however we are not able to buy the house until October. What should i do with the 35000 to get the most interest? are there any accounts that allow me to save for a short period of time of do i have to invest the money for…
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mutual funds, unit trusts and ETFs
Virgin investor here. May I get guidance from investor gurus on board on what is the difference between these?
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Lifetime ISA bonus question
I can't seem to find a definitive answer anywhere or guidance on the bonus top up apart from for 17/18 will be paid in April 18 and after that monthly. Assuming the ISA is opened now and filled with the full £4000 the £1000 top up for 17/18 will add in April 18. My question is - If I then add the full allowance of £4000 in…
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My IFA is going with SJP. should I be concerned ?
My current IFA has just visited for the annual review of my husbands pension and ISA. We paid him fee to invest my husband's pension when he retired 3 years ago and an annual fee to maintain it. We also invested in an ISA with him 2 yrs ago. We have been happy with his advise and the performance of both items. He has now…
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Business Investment - Can I fund it this way?
An opportunity to buy a newish business (nearly at the end of its third year of trading) has come up. My wife and I believe it would be a good investment and that we would be able to make it grow. The business is up for sale at £65K but with chatting to the owner a more realistic price for us would be around £50K, the…
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Best index tracker funds?
Just started using H&L S&S - investing the minimum £25 per month to begin with. Best funds? Not picky on income / accumulation / growth etc. or timescales (i.e. no rush to withdraw). Thanks
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Paying into Help to Buy ISA then transferring into a Lifetime ISA
Hi, I've currently got a Help to Buy ISA which I pay into every month. I won't buy a house within the next year so want to set up a Lifetime ISA when the cash ones are released, which I will transfer my Help to Buy ISA into. I know that you can only pay into 1 ISA each year so can I pay into my Help to Buy ISA in May then…
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What next
Hi, I have a S&S account at last year's limit. I'm not looking to put any more in right now I have as many high interest bank accounts as possible. I've run out of direct debits. I have a lot in p2p, probably don't want to go anymore. As I'm worried I'll go over the £1000 tax free limit. I'm waiting for the Innovative ISA…
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Silly question about bonds
Reading about allocations and risk and volatility all the statements seem to suggest that bonds are more secure. Can someone please kindly explain me how can it be . If funds are investments into many different companies bonds are debt obligations issued by one organisation only, ie they are far less diversified. So what…
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To ETF or not to ETF?
Since I'm in danger of over analysing here I'd like some clarity - and maybe I'll get some clarity as a result of writing this post. I've got a (hopefully) reasonably balanced portfolio using trackers ready to be used in anger. 80/20 equity, rebalancing over 15-18 years to 50/50. 30% of the equity is going to be covering…
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Bank juggling, best way to earn interest?
Say for example I have £8,000 to invest. At the moment £3,000 in NS&I 3 year fixed at 2.2% and £5,000 in OakNorth Bank 3 year fixed at 1.91%. Will give me £198 (NSI) + £286.50 (OakNorth) = £484.50 after 3 years. I want to invest the money in a completely risk free way, so no stocks and shares etc. I'm intrigued by these…
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CU going bust
Clearly they haven't ever come across DotComUnity/Enterprise the Business CU: https://twitter.com/alfazzr1100/status/854974368857903104 ;)
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Saving & Investing Newbie!
Hello all :) New to the forum and to the concepts of long-term saving and investing so trying to find my way. Having been intending to jointly buy a first property, I'm no longer going to need to in the near future (perhaps never) as it will be bought be my partner's family. This leaves me with some responsible…
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21 with £13000, what should I do with it?
Hi everybody, I have been saving like mad these past few years and taking full advantage of the bonuses I have been getting. I have managed to save up just over 13k. I am wondering what should I do with it? At the moment its just in my Santander savings account earning me 0.1 percent of interest. I know something needs to…
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Large deposit saving Bond / ISA / saving
Hi a family member has recently sold an inherited property and has between £80-100,000 to invest long term. They would prefer not to buy to let but savings or investments instead. I looked at the London Capital 8% bond but it is not guaranteed What options are available?
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What is the best way fo saving money?
HI everybody we are new couple. we have started new life. Now my wife and me has taken a decisin that we will same money. Now who can help us that what is the best way for saving money? Thanks Arif
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I'm told "you are doing it the wrong way around"
I have a large pot of Cash ISA (6 figures). I squandered the opportunity to invest in S&S's 10 years ago when all hell broke loose and thereby missed out on potentially a lot of interest! I'm now trying to correct this by investing in a LISA, and a S&S ISA, transferring some across, and contributing new money too, to…
