-
Inheritance
Where is the best place to put an inheritance for my 14 year old son? He has come into a good amount of money which is not supposed to be accessible until he is 18 years old. He has already got a Child Trust Fund set up a few years ago but this only allows an annual top up of just over £4,000. This is the same issue with…
-
Grandchildren regular savings
Good afternoon. My wife and I are very confused about the tax implications of making donations to our grandchildren. FYI we have two grandchildren. One aged 2. One aged 7 months. What we want to do: Open a childrens regular savings account for each of them. Pay about £50 pcm into each of the two accounts. We found this :…
-
Cash better than bonds?
For lower earners certainly I think cash can get good enough rates to render bonds obselete, they'd be better with equities:cash instead Its less clear for people with more savings, but I feel cash is more useful for market timers and a rebalancing bonus, the interest rate risk that bonds introduce isn't enough I feel to…
-
Fund questions
Hi, I've been doing some research in the fund centre at IWeb and have a few questions. Some may be a bit stupid but I'm still learning and hopefully will help others in a similar position to me. When a fund shows the performance for the previous year that is after OCF have been deducted I believe. So for example, if Fund A…
-
Tempted to move some VLS into active
I am a pretty passive investor.... all my smaller holdings were merged into VLS 80 Acc a while ago to make things simple....the returns have been decent enough, cant complain. However, I am tempted to move 20% of my VLS holding into Fundsmith Equity Class I, the growth has been so impressive. Good idea, or bad idea? I know…
-
Investment and Wealth Management Awards 2017
Hi Folks, Here are the Investors Chronicle awards - looks good to me - what does everyone else think? Stockbroker of the year: Tilney Bestinvest Wealth manager of the year: Killik & Co. Best online Execution only stockbroker: Bestinvest Vest Full Service Stockbroker: Redmayne-Bentley Best Low-cost Stockbroker: DEGIRO Best…
-
Zopa advice please
Apologies if there is an existing thread covering this - I've looked but can't find one. I have some funds in Zopa. Rates have been decent so far. I haven't signed up for one of the 2 new accounts and know that my returns will now sit into a holding account. I assume that the funds will shift from 'invested' to holding…
-
Shares / Funds tracking & analysis software?
I have a home-brewed Excel spreadsheet that I use to keep track of three pension accounts (one a dormant DC scheme, two active - one a DC work scheme, the other a SIPP) and a S&S ISA - all containing very mainstream funds. It kind of works, but I'd really like some software that: * keeps track of fund prices, buy/sell…
-
Am i a first time buyer
I have shares in a UK company which holds a holiday rental property Does this excuse me as a first time buyer for LISA rules and stamp duty rules
-
Money for Grandchildren
My husband has a terminal illness and we want to give some money to each grandchild for when they go to university or when they are older. We are not sure how to go about this and whether it should be done now or through our wills. Who would be best to give us advice on this, solicitor, or financial advisor? Not sure if…
-
Is it that difficult to open PoA challenger bank/savings accounts online?
We have £170,000 of our mother's money to invest and are happy to tie it up for a year. We have all the available current accounts and regular savers already filled, so are looking for 2 x £85,000 accounts (preferably with monthly interest so as not to go over the compensation maximum). However my brother reports: Trying…
-
PGMS & other commercial property investment
Please has anyone any info or dealt with "Prive global managment services" (PGMS) or similar commercial property investment companies with ads popping up everywhere? They have been giving me hard sell calls since I replied to an ad for another company who passed on my details. They claim to own 1000s of UK properties and…
-
Hargreaves Lansdown - Corporate Action with Accumulation Fund?
Can someone please explain this to me as I don't understand what happens to the money. There is a thread here from years ago which has been closed. https://forums.moneysavingexpert.com/discussion/4677257 I started investing in the Legal & General International Index Trust Accumulation Fund a few months back and today in my…
-
Motley Fool
Hi all, What are people's thoughts/opinions of Motley Fool? I maybe stupidly signed up on the website (without paying anything) and they have been spamming me with emails about paying a discounted "winter sale" fee for membership of £39 for 6 months which ends soon (yeah yeah heard it all before) which I can cancel and get…
-
Birmingham Midshires
HO HO HO, Tried opening an internet account with BM. Well try to contact them by telephone!!! I have wasted hours and lots of cash without getting through. I have tried thier complaint department with no results. They are a washout. Jeff
-
Flies to the light
http://www.telegraph.co.uk/investing/news/record-numbers-bitcoin-wallet-openings-transactions-ahead-futures/
-
Share dealing exchange rate rip off
Just been ripped off by halifax sharedealing. Well I feel I have been ripped off. I bought some shares of an international company and only after the transaction did I realise they took 120 quid in the form of an exchange rate fee of 1.25% Thieving gits. Can anyone recommend a broke whom I can transfer the shares over to…
-
Ratesetter - really basic question warning
I'm sure this is an extremely stupid question that I shouldn't need to ask, but can someone just explain to me why at present the rolling monthly interest rate is more than the 5 year fixed? Appreciate it's not a savings account so no reason why locking your money away should guarantee a better rate but is it as simple as…
-
Best Personal Finance Magazine?
Looking for recommendations for a magazine to keep up to date with all things in personal finance. Either weekly or monthly. What's your favourite?
-
Profit
Hi everyone. If I have a number of funds in my Isa or Sipp, and pay a fixed amount into the funds each month and after a period of time discover that each fund is showing a profit with some funds showing exceptional profit, do people in such cicrumstances take some of the profits from those funds? Obviously if the profit…
