-
80,000 to invest for income?
I have 80,000 free cash to invest, I want a regular income as I have taken early retirement (60 yrs old), we are mortgage free, any suggestions?
-
what's going on with instant access account rates?
what's going on with instant access account rates? a month or so ago one was hard pressed to find an instant access account with a rate of 1.3% or so. now there are at least half a dozen with rates of 1.4% or better. it seems rather puzzling. when the bank rate changed to 0.75% nothing much happened. the coventry and bank…
-
SAYE scheme
I have a SAYE scheme which finished in August this year, I opted to buy the shares and sell immediately with 3 specified sale dates Of the 4th, 11th and 18th October. I have been chasing the confirmation of the sale of these shares and have been told that my company haven't passed the shares over to the broker to sell on…
-
Asset Allocations to Bonds or Cash or Something Else?
I have an AJBell SIPP with about 90% invested in Equities via Investment Trusts and ETFs and about 10% invested in REITs. I'm considering retiring in a few years so thought I should reduce my equity exposure by about 10-15% and switch that to Bonds via an ETF. However, seeing as interest rates seem set to rise (or at least…
-
Where Shall I Put Temporary £50k Savings
I'm taking £50k out of my mortgage for future work on my house. This amount will be static for a few weeks and will then slowly dwindle to nothing over the next 6-12 months. Want to keep it separate to my normal funds and need easy instant access so thinking of just chucking it in a regular saver attached to my Halifax…
-
Vanguard Funds
6 months ago I put some of the kids money into Vanguard 60/80 lifestrategy funds. Both are down, boo! Of course this is a long game but having looked at the last 5 years growth (+5/10% PA) I'm surprised to see a dip. Got to stay in of course, I'm wondering what the future performances will be, maybe not the higher returns…
-
How many ISA's can I pay into
Hi all, I have a Virgin cash ISA and Virgin Global share fund Stocks and Shares ISA which I opened in 2017/2018 tax year, both are active and funded on a monthly basis using my salary. I recently (:A) opened a Fidelity Stocks and Shares ISA (2018/2019 tax year) possibly in error not understanding the rules! The question is…
-
Lifetime ISA or Help to Buy ISA?
Hi MSE people's My first post in this forum, so glad to have signed up tonight and be part of this humungous forum. To give some context to my question - I am a 37 year old single man from the UK. So let's get straight into it. I have ambitions to buy my first ever property in a few years time, I figured it's probably time…
-
Trust Fund
Hello. This is my first post please bare with me while I navigate this forum. I have been told that I need to open a trust fund for myself. I am due a compensation payment but currently have to claim some benefits to top up my income. The compensation is to cover the cost of treatments I need and therefore I can't allow…
-
sse shares
hi , im planning on buying some sse shares soon. will i still qualify for the free shares in the new company that current shareholders will receive when they merge with npower next year.
-
Just purchased first house.. how best to save?
Hi there, Looking for some advice from anyone- I’ve just purchased my first new build home using the help to buy. My mortgage payments are low enough to leave me with around £350 per month spare cash to save, and I’m wondering what would be the best thing to do with this extra money every month. This house I only plan on…
-
Charter Savings Bank
I have already filled a Marcus account and now want to get a better rate than the 1% my Ulster savings account is paying. I therefore signed up for the 1.4% offer from Charter Savings Account. When i received the paperwork I note that you don't have your own unique account number. Instead you transfer to what looks like a…
-
Protecting our money with brexit currency drops
As no deal becomes more likely and sterling likely to drop again as a result, what can we do to protect the value of our savings? Are international saving accounts an option? Bonds? Gold? We're really worried that our savings might crash in value with the pound and want to protect what we have rather than look to grow it.…
-
Minimizing charges when investing in fund
I have an iWeb S&S ISA with relatively small holdings in a couple of funds. I want to save into these funds over time, but on a monthly basis the sum I might be able to save into the fund is relatively small which makes the £5 charge quite significant. The obvious strategy is to save and invest less regularly, but it…
-
Investment Bond - Tax?
Good Afternoon, I'm just wondering if someone could give me a bit of advice regarding my parents Investment Bond. 10 years ago a financial adviser (whose now in the wind shall we say), set up a bond for them. They have made withdrawals each year, and are now looking to surrender it. At the time they were told there would…
-
Can someone peruse this please
VLS 60 / 40 (70% holding VLS60 30% VLS40) - £46000 TSB @ 5% - £6000 Santander 123 @1.5% ( x2 accounts) - £35,000 Premium Bonds -£40,000 Sharesave (Barclays) - £6900 Share purchase( Barclays) - £7000 As you can see its all DIY .....no mortgage, no debts. Very good DB pension, with two smaller DB pensions to come in 7 years.…
-
Newbie Investor
Looking for advice as how to get the best return on my money and soundest investments. A relative died earlier this year and left me his house and some cash and I'm also now divorced. After paying off some building work on the house I inherited I should be left with a lump sum of around £280K and will then be mortgage free…
-
Quick Question Regarding Inc. Funds
As a novice investor, this year I bought HSBC Global Strategy and VLS funds, both are Acc. I'm going to buy more HSBC GS fund however it will have to be Income fund. *Outside of a tax wrapper. My question I this, when buying Inc. funds are you asked if you want the income to be paid out monthly or annually? ..... and if…
-
Near retirement & moving to cash, but how?
I'm 54 and probably a year off retirement. I have a combination of a DB pension that starts at age 60, a SIPP and ISAs. I've recently been increasing the cash in the SIPP and ISAs in preparation for need to draw down on them, plus the recent market jitters. Previously the advice has been to invest in bonds, but I keep…
-
Market tracker charts
I'm looking at opening a s&s ISA and was thinking of drip investing £50 per month or so, but not sure which tracker funds to start off with. Is there such a thing as tracker tables like you have for fund manager charts? If so can you point me in the right direction, the same for actively managed funds too please.
