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Switching 5 year fixed ISA one year in
A friend has asked me what my thought was in switching ISA providers. He put £70,000 into a 5 year cash ISA exactly one year ago at a rate of 1.51% He has now seen rates advertised at 2.15% with other banks (for exactly the same thing i.e. 5 year fixed rate ISA). He knows that if he transfers his existing money to another…
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Do IFAs take their own advice?
Why do IFA's work or even exist, surely if they took their own advice the could design a plan to provide all of their income, once of course they had created the capital they needed. They can't be doing it as a service to us ill-informed masses because their fees are so high. Just a thought for dismal Saturday afternoon
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Challenger Banks
I have been reading reviews on 2 challenger banks namely Paragon and Charter Savings Bank as they offer competitive fixed term rates. They are very mixed with most reviewers giving 1-2 stars that does not give me confidence although we are protected up to £85K. I found Atom satisfactory but it is only compatible with…
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Investing in Asia
As someone who has almost zero experience in investing in Asia I would be greatful if someone could give me some advice. I am interested in having some investments in Asia as that is where I believe the biggest growth will come from in the future, what funds/companies are worth considering for investing? How would I…
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Unit Trusts and Investment funds Dividends
When you invest in a unit trust fund with a company like Fidelity, Jupiter, Bailiie Gifford, Schroder , Aberden. invesco Perpetual etc. Do all funds pay a dividend. It is usually annually or twice a year. Where can I find what dividend has been paid for each fund over the past 3 years to give me a guide. Does it make any…
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1st Portfolio
Hey Guys First post so forgive me if this may be naive.Decided to make up a portfolio in an ISA. Constructed using low fee index funds as follows: Domestic UK Market - FTSE 100/250 - 24% Gold Bullion - 20% US Market - Large/Small cap - 14% Emerging Markets - 9% Property - 7% Developed Europe 7% Japan 7% Inflation linked…
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Interest this month
Can anyone advised when monthly interest/ reward from TSB Classic Plus, Halifax Reward, Club Lloyds and Bank of Scotland Classic Vantage will show this month? Sorry to raise an old issue but I'm still confused.
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When is NS&I 3yr Bond Interest taxable?
When is the interest on the 3 Year NS&I Guaranteed Growth Bond added for PSA calculation purposes? If the bond runs to full term the interest on £3,000 will be £202.38 Is this potentially taxable when the bond matures or can it be split over the 3 or 4 tax years covered? I have tried researching this but cannot find a…
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Short Term savings
I'm selling a house that I have been renting out, to buy an alternative property to rent out. Basically I will have the sale proceeds of around £150,000 to "save" until I buy another property in a different location. I'm seeking out the best type of bank or finance house to hold £150k for 3 to 12 months. Best interest and…
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Capital Preservation ITs
The market will crash in the next 5 years - bonds and equities. Which IT would preserve your wealth, mt research tells me it has to be RIT CAPITAL PARTNERS and PERSONAL ASSETS TRUST. What other ITs are people considering to preserve your portfolio from being decimated when the crash comes? What other strategies are you…
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Birmingham Midshires 1.45%
Showing on their website. As I have a 1.3%, I've just applied for this online. It was set up instantly. Just need to transfer the savings across between the 2. Each is linked to a different feeder so bit of a faff. I'll keep each open to satisfy DDs. BM did a site upgrade today. Both my 1.3% account and the 1.45% are now…
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10k - what to do?!
In a few weeks I'll have 12k. I've already maxed my S&S ISA allowence the last two years and intend to top up in April again but where's the best place to keep the cast until then? My current investment is a VLS100 (with Halifax) and will be left to grow for 15-20yrs. So, should I just add to my existing VLS? Or could…
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NS&I 3 Year Bond 2.20%
I have just noticed that NS&I are now offering a 3 year bond at 2.20% with a maximum of £1 million per person. This is in addition to the 3 year 2.20% bond that is limited to £3,000 per person. I assume that this is new as it it not listed on the main MSE savings page. It is though surprising that there has been no…
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Bitcoins
I just saw a link on Facebook about starting a Bitcoin account. Does this work? How does it work? Has anyone here used it?
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Current accounts in 3 names?
Does anyone know if any banks will let you open a personal account with three names/holders on it? My local Barclays won’t and online searches don’t reveal much
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Address checks to open an online savings account
Hello everyone, I am facing a problem to open an easy saving account. Everytime I try to open a easy saving account ( I have tried Charter Savings and Paragon) they ask me for further address identification. I dont have a utility bill or UK driving license. I want to use my bank statement but they are in pdf and printing…
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Microsoft Money investment transactions
Hi, I have been using MS Money for many years but have suddenly hit a problem entering investment buy and sell transactions. If I enter one, Money stops working. If I delete an existing transaction, I can enter one new one, but if I enter another one, Money stops working. I can enter other (e.g. bank) transactions without…
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Buying gold from online sites
Hi guys just a really super quick question I'm looking to buy some ACTUAL gold nothing massive just something that ideally holds a value that I cant spend for a year or so. I know of the normal site royal mint etc what i'm wondering is do said sites charge a premium for there services Ie if i wanted to by a standard gold…
