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LISA or make additional pension contributions?
Hi everyone, I am interested in opening a LISA with a view to saving for retirement and keeping that money locked away. Having read a number of reports it seems that unless one is self-employed, it is better to avoid this product and make additional contributions via your employer. I have a teachers' pension and my…
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Total beginner, need advice
Hi All, Summary Joint income: £64k per annum Savings Me: £2000 in a basic savings account, no idea of interest rate but certainly low £4650 in a 0.05% interest standard saver account £4200 Help to Buy Isa Partner: £1500 in savings £3800 Help to Buy Isa Monthly Expenses around £2400 (including £400 into ISAs, and pension…
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Saving for a wedding
So....I proposed to my girlfriend on Friday, now Fiance. And we're thinking about saving. We're thinking the wedding to be in two years so hoping to put away £500 a month into a savings/ISA account. We will most likely need access to this account to withdraw for deposits before the intended date. We're just looking for…
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Need help with choosing an ISA
Good evening, I am having difficulty deciding on an ISA. I have been with NatWest for 10 years and have looked into ones they offer but wanted some feedback on the best one to purchase from the bank. Some of my family and friends have suggested I join another bank (Halifax apparently has the best one) but would like some…
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My new risk portfolio/strategy...
I'm 45, single/no kids, hoping to partly retire at 50, and am about to re-jig my investments. 1. £920k pension, no further contributions possible as I have taken FP16, currently 100% in equities (medium to high risk funds) which by dumb luck has worked very well for me over the last few years. I now want a lower risk…
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Hedgestone Group, I think its a scam
Hi, my mum responded to a facebook advert for hedgestone group which says its a forex trading site. They were happy to take £200 from her account using the long number on her card. Then when we tried to access the account they wanted us to verify our identity. They requested coulour copys of her passport and copies of her…
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Hargreaves Lansdown v Lloyds Share Dealing
Anyone made a comparison between the two, or prefer one over the other. Looking to use either/or for ISA investments. Fees appear similar depending on amount, HL charge 0.45% admin on the value of the holding, where as Lloyds is £20 per 6 months. There are no fund purchase charges with HL, but Lloyds charge (I think)…
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Capital Gains Tax Allowance & My Regular Earnings? How Does It Work?
Lets say i have an investment which i've not yet cashed out and investment is worth 100k (if i did cash it out all today). Can i just cash out £11k this tax year and pay no capital gains tax ? Does it matter what i've earnt in my regular business that year? If i earn 12k that would be tax free also etc, plus i could cash…
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Any sense in two similar portfolios?
Still researching like crazy investment funds. Large amount of money sitting in a Cash ISA, willing to put aside 50% for investments, filtered into funds slowly, with a view to utilising the other 50% too. I will also be opening up a LISA. I'm considering a Vanguard LifeStrategy 100% or 80% for the LISA, as the money will…
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new Woodford Income Focus Fund
What do people think about the new Woodford fund? HL were promoting it for some weeks before it launched, its done nothing yet but they have listed in in their Wealth 150 yet don't list one single holding. On the other hand they don't list Fundsmith??
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Savings habit
Hi My wife and I would like to start a long term savings account or two and are interested in saving £50pcm each in a premium bond account and then £50-100pcm each in an ISA. As cash ISAs offer such low rates I'd like to invest in a FTSE100 or FTSE350 ISA as these saving are going to be long term (30years plus).I don't…
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A load of old Tosh-iba
Have read that Toshiba ought to fail: - http://www.bbc.co.uk/news/business-39585758 It raised an interesting point that the Japanese not allowing companies to fail could be partly why they have such a naff stock index history. I hope it's all down to different culture and demographics?, so we hopefully don't get lost…
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What investments would you hold in your SIPP in our shoes?
Sorry just really nervous, but aware time is ticking and it's in cash. I ran my approximate plan past a Wesleyan financial advisor and he seemed to think it was sound. My plan (low earner) to put 2880 annually into a SIPP, OH to put c.5-10k annually in depending on self employed earnings. I have a deferred DB pension but…
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Portfolio to replicate
Hi I am looking for an online service where an asset allocation for different risk profiles is offered to members. I found the one at the link below but it doesn't have a long track record so I was wondering if there is anything better you can share: https://moneytothemasses.com/become-an-80-20-investor I want to follow a…
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Finding Alpha for Investment Trusts?
I would like to put some money into an IT investing in the Asia/Pacific region, and the logical way to choose would seem to be to use the standard numbers such as Alpha, Sharpe ratio and so forth. Oddly enough, Morningstar UK does not seem to give these figures for UK-listed ITs (although their US site does do so for…
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Opinions on my portfolio
I'm a very new investor. I have a decent but basic understanding of funds as I work for a pension company, and I've already built up my emergency funds to a cover a years worth of essential bills etc which is currently in a Virgin Isa paying 1%. As I would have nowhere to turn to for help if the worst happened then I need…
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Downing Strategic Micro-Cap Investment Trust IPO
What does anyone think of the Downing Strategic Micro-Cap Investment Trust IPO? Min investment of £1,000. The same Fund managed by the same has a reasonable track record. My concern is how Brexit will hit UK industry and stocks over the next few years. What does other think?
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Fixed Rate Bonds
Hi all, I have been scouring this forum on savings and investments. I will soon gave a large sum to invest. Are fixed rate bonds a good shout. Don't really know anything about these but there is a bond that pays 8.9% Any thoughts or advice please?
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Joint savings accounts
Why do banks not accept savings accounts in joint names? We are having to move our joint cheque account due to the Yorkshire Banks closure of current accounts and astounded that we cannot have a joint savings account to operate alongside which we have presently. We are trying to be sensible in the event of death or…
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Moving US shares held by US brokerage to UK
My OH holds shares of 3 different companies with a US brokerage (accumulated through stock options and salary sacrifice through employment). We want to sell quite a few (so much money kept in 3 companies is far too risky) for which I have a clear plan (sell shares, use currency broker to wire money over to the UK) though I…
