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Desperately need to make high-yielding investments - advice?
For various personal reasons I have to work less, so I need to set myself up with some kind of income. Because of my reduced work - and I'm also a freelancer too which makes things difficult - I'm not sure if I can do the thing most obvious to Brits - buy a house, rent it out. I'd need a mortgage to buy a house in the…
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Brexit: keep investing or pay off mortgage?
Hi all, newbie here. Husband and I have approx £76,000 in S&S isas. They have been fairly riskily invested but have made 20-40% over the past 10 years. Apart from a couple of k in our current accounts this is our life savings. We still owe £155,000 on our mortgage with 14 years to go at 1.89% tied in for the next 4 years.…
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How to get a weekly/ monthly income from savings
At the end of 2018, I will receive a state pension, at the age of 65. I am interested in finding ways to supplement ( to cover my living expenses) my state pension by using my savings (over £50,000 in building societies to earn a weekly/monthly income. I have looked at the option of renting out property, but there doesn't…
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interest rate increase, but bank did not
bank of england had already announced interest rate increase by 0.25% but waiting bank to announce, but none happened.
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CSD alternatives & transaction charges
My partner & I have accounts with Charles Stanley Direct and Interactive Investor. CSD have just announced a 40% increase in charges so I'm now looking for an alternative platform. We have 100K in 4 passive funds with CSD and over 200K in II. I don't trade very often and I'm happy with II but I don't want to put all our…
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I have £5000 savings at 35. Is my life over?
I don't have much of a social circle so I'm going to try the internet. I have no debt or financial issues, I rent, I have a stable job, and have £5000 in savings (roughly the same for my pension). Recently my plan has to start saving aggressively, but on asking around tentatively and looking online, it almost sounds like…
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Any views on the relevance of Gilts in a modern portfolio?
I've been watching my Gilt holdings give negative returns for two years now. But a significant chunk of Gilts (often 50:50 or 66:33 Gilt:index-Linked) have always been present on "model portfolios". Recently however, I've seen portfolios with no Gilts and replacing them with "Alternative investments" including Gold, Target…
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Which Global 'Small Cap'?
I manage a 'pocket money portfolio' on behalf of my nephews (ages nearly 13 and just turned 11), I add £50 monthly to an HL ISA (in my father's name - he never uses his ISA allowance) and invest the new cash around every 18 months. The ISA is earmarked for the kids. The fund value is small - a little north of £10k - but is…
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Investing 20k over 5yr term advice
My dad has a guaranteed investment bond with MetLife that is due to mature next month, it was an 8 yr term and he invested 20k, it now sits at 24.5k (thoughts on his return over 8yr term?) He now is looking for somewhere else to invest it as MetLife no longer do guaranteed investments. He wants to invest for 5yr Max with…
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Unit Trust for grandchildren and CGT
Hi. Can someone please explain the CGT implication of the following Unit Trust set-up please: - A designated Unit Trust account (accumulated) was set up for a grandchild - There are 4 joint owners of the account (two grandparents and the two parents) - The grandparent has invested £25,000 in total over 10 years - The…
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Raisin - ICICI and bonus
I have approx. £80k of cash to invest. I am thinking of opening 2 accounts with icici via raisin - would I be able to get the bonus of £80 twice if I did it this way rather than opening 1 account with £80k? Also would opening accounts via raisin be better than going with the family building society (im looking at 1 year…
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Overwhelmed by inheritence
Hi all. I'm in the sad position of recently inheriting my parents estate. My mother was always frugal, so they had a decent amount of savings and a large mortgage free house. I'm debt free myself and currently living in the house (I was caring for Mum) so other than selling this and buying something smaller for myself, I'd…
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Charles Stanley Direct to increase fee to 0.35%
Just received via email Notification of Platform Fee Increase from 10th September 2018: Since the launch of Charles Stanley Direct over five years ago, we have maintained an extremely low platform fee of just 0.25%. Over this period of time the pace of change in the digital world has continued to escalate and the costs to…
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What do the different fund class mean?
For example; BlackRock Consensus 85 Class I - Accumulation (GBP) And BlackRock Consensus 85 Inclusive - Class A - Accumulation (GBP) What does the class I and A mean and which one would someone chose to invest in? Thanks
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Proving Paper Trail
I am funding the cost of my son's lease extension. I have shown the solicitor's secretary a statement showing money in my bank account. They will not accept this, they re wanting a 'paper trail' back to when I received my inheritance in 2015. I can prove it (the inheritance) went into a current account, and that £14.5k…
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Duffer needs advice
I started to invest in S&S some years ago when PEPs were around, starting off with a tracker fund. Later I went to see an IFA & although I invest through them, it's on a non advisory basis. Twice a year they send a Top Funds guide & a Fund Monitoring list. The monitoring list gives an indication of the level of risk each…
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App or Spreadsheet to Track Investments
Hi, As the title really! I am starting to save money and have a mix of savings accounts, stocks and funds. Each time I invest, I would like to record this and then also input valuations every now and then, so that I can get a sense of how things are going, performance, portfolio size etc. It does not have to have real-time…
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PSA: Interactive Investor SIPP fee overcharge
Previous II customers should be charged £80 + VAT annually for their SIPP instead of the £100 + VAT for new customers. I received an e-mail informing me that £96 would be taken by direct debit, but £120 was actually taken. About 6 weeks and several phone calls later and it's still not been resolved. On the latest call they…
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Cheapest place to buy and hold International Shares
I was wondering who might have lowest: - FX rate charge/FX rate - Share dealing charge - Share holding charge for a purchase of USA shares in the region of £25k IWeb is 1.5%/£5/no management fee AJ Bell is 1%/£9.95/0.25% £30 cap H&L is variable %/£11.95/no management fee Does X-O not allow trades in international shares?…
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Pension Dilemma
Hey All, I have a SIPP, I know non of this qualifies at investment advice, I would just like to bounce some ideas so, circa £118k in, I have 10 percent spread around various funds, axa framlington biotech, various investment trusts.. what would be considered High Risk. I always thought having them all split minimises the…
