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NSI Index Linked Certificates move to CPI
Sad but not surprised. https://www.bbc.co.uk/news/business-45993120
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Isa/savings
My husband and I have £20,000 between us which is essentially the start of our house deposit. We want a safe way to earn interest on it. we're not sure what the best choice for us is. We won't be using it for at least a year and will be adding between £500 and £1000 to it each month. We're first time buyers but are too…
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A beginner's question about bonds and inflation
Many posters on these forums often seem to be seeking low risk inflation-proof ways of storing their cash. I'm trying to educate myself about bonds and what they do. So these two things coincided when comparing two iShares Gilts ETFs: iShares UK Gilts 0-5yr UCITS ETF (IGLS) iShares £ Index-Linked Gilts UCITS ETF (INXG)…
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CGT on sharesave scheme
Over the past few years I have been taking advantage of my employers sharesave scheme. I have another 5 year scheme maturing soon and I wondered if it was time to diversify my portfolio. Could I sell £20k of shares and transfer the money to my S&S ISA without having to pay CGT?
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Leeds BS 1.8% 16 month fixed
Deposits to be in by end-November, up to £1M Can open online or in branch. Fixed rate, fixed term, no withdrawals. Will possibly be withdrawn if oversubscribed. Link to Leeds BS
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Advice for a rookie on where to invest
Hi, I’m a guy in my 30s, who has spent most of his life either in debt, or paying it off. However, I fell into a high paying job about a year ago. I have since become debt-free, and have a large surplus every month via my salary - about £1800 per month after paying my bills/rent/car I plan to buy a house next year, but…
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Advice with Lifetime ISA
Hi All, Looking to buy my first house next year. I opened a LISA with Skipton last year and made my inital deposit just before the start of this tax year. I have then made regular deposits into it this financial year which should hopefully take me up to the £4k/yr allowance. What I want to know is what bonus I can expect…
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Still not sure what to do post Santander 123
I was one of a number of people who took a Santander 123 account when it was being suggested on this site. Since then the interest earned was reduced, monthly fee increased, etc. and not too sure if it is best for me / worth the hassle of changing. At the moment I have: Santander 123 - £21k (Earning £25 a month after fees)…
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Liquidity, liquidity, liquidity
I woke up this morning to stories about the price of minced beef increasing by 50% in the case of a no-deal Brexit. There's an excellent article by "The Undercover Economist," Tim Hartford in today's Financial Times, comparing Brexit to other "mega-projects," using Bent Flyvbjerg's six assessment criteria. It doesn't look…
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What to do with £6000
I’ve currently got £6000 in a paragon ISA, but looking to move my money for a higher rate. What’s the most effective thing to do with my money? TIA:j
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Some advice please - Lump sum to invest/pay off mortgage
Hello everyone. I hope someone can help. I have inherited £200k. My initial thoughts were to purchase a BTL flat with a view to keeping it for 10 years. This would currently bring in about £800 a month before tax. My husband has owned a BTL for a number of years - so together we are experienced in dealing with the issues…
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What do you/would you do with a large emergency fund?
I know many of you, maybe even most of you have an emergency fund. I know it means different things to different people, some build up x-amount of bills, some will go x-amount of wages, some have it in a bank account, some in online savers, some in stocks & shares ISAs so on & so forth. As we got caught out with the house…
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What to do with £5000 X 2
Hi all Just looking for some advice on behalf of my kids. They've recently been given £5000 each after a relative passed away earlier this year. I'm wondering what best to do with it. They're aged 15 & 17 so ones not officially a child anymore. We're possibly not looking at long term investment as they may want it to buy a…
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Down down down
Hello chaps This is my first year of investing (I’m 29) and I’ve got slightly cold feet, so basically I’m just posting this for some reassurance and advice - or warn me if I’m doing something wrong. My portfolio consists of approximately 30K and here are the holdings: Vanguard life strategy 60% equity (70% of portfolio)…
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Quick advice needed on SIPP / ISA
I have a drawdown SIPP, presently all in shares worth today £8.5k, no cash content left I haven't needed to draw down this tax year ( living off savings) Dec this year I receive a LS of £40k, and first payment of £20k pension in January. My idea is to sell the shares into cash ( presently rock bottom and loosing but…
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Is my money safer in a foreign current account, or a non FSCS protected fixed-rate savings account?
Hi there, I have just opened an online account with Raisin (a European online deposit marketplace), with the intention of transferring depositing 10,000 euro. The money I want to deposit is currently sat in a current account with Sparkasse bank in Germany, which I have little control over (I have online banking, but I now…
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Where is the 'linked banks' feature?
Before the 1 July 2018 revision of the, 'Are your savings safe?' page, you could enter an institution's name and any linked banks would appear - like magic! So where has that extremely useful feature disappeared to?
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World Index Tracker
I'm looking at putting money into some funds and world index trackers (especially a couple of Vanguard ones) seem to be performing pretty well. If I had £250K to invest how would it be best to spread that - how many funds and which ones? Any others rather than Vanguard? Would it be possible to turn that £350K into £750K in…
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Newcastle Building Society launches top cash Lifetime ISA - MSE News
Newcastle Building Society has launched a market-leading cash Lifetime ISA – making it only the third provider to offer this type of savings account, which offers a 25% bonus towards buying your first home or retirement...Read the full story: 'Newcastle Building Society launches top cash Lifetime ISA' Click reply below to…
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Transferring money out of NSI Cash ISA
Hi, Did a quick search on the MSE forum, but couldn't find anything specifically about this item (happy to be told different/redirected); so... with the introduction of the latest rubbish rate on its Direct ISA, I looked to "ditch 'n' switch" NS&I for the current best rate. However, it seems as though the transfer system…
