-
Please help me stop over thinking and start investing
Hi, I've been wanting to start investing for a while now and all last year I was too indecisive about what funds and platform to pick that I ended up not acting. I really don't want that to happen anymore, please help me look over my plan. Please help to give me pointers anywhere you can. I'm in my early 30's, no kids, not…
-
Sterling brexit?
I have some cash in NS&I which is not needed short term. To hedge/protect against the pound weakening after Brexit which may be the better option to move the cash into: 1. Vanguard global tracker 2. USD cash 3. Gold EFT 4. Other? With option 1 I already have this so would be increasing my equities allocation. I am OK to…
-
Uk energy Bonds 7-11% for 3 to 5 years
https://www.ukenergybond.co.uk/?theme=delta&utm_source=google&channel=search&source=google&keyword=%2Benergy%20%2Bbond&gclid=EAIaIQobChMI2PDm5-ek4AIVzLXtCh3PtgVEEAAYASAAEgL1KfD_BwE Looks well dodgy. Not even sure if the 5-11% is total return or annual return; they can't even make that clear. One assumes annual, but ...
-
19 year old / Savings / Help to buy ISA.
My (lucky...) 19 year old daughter currently has 29k in a normal instant access savings account. She is just about to start her 1st proper job & should be earning around 20k per year. (?? should be around £1400ish take home per month). She still stays at home (with her mother and I) and has no debts. She's not exactly a…
-
Bank staff. What do passbooks tell you?
Hi there - if I need to post elsewhere instead of here, please say. Nutshell: In branch, how much information can bank staff gain from a passbook and its transactions? Can they obtain historical information about the account info from other bank systems too? Background - long, sorry: My dad's private pension and his other…
-
Help with bank accounts
Hi all. I apologise in advanced if this is posted in the wrong section. However I’m just wanting a bit of advice with regards to bank accounts. First of all, I have a first direct current account, which I’m wanting to close as I only opened for the free gift which I have now got. Does closing accounts affect your credit…
-
What to do with Inherited Money for Kids
Hi lovelies, I just need a bit of advice. I am executor to a will in which my children have inherited around £20,000 each. According to the will this was be put into a trust until they are 21 but as my children are already 18 and 16 I don't really want to pay the fees for this. Does anybody have any advice as to what I…
-
Financial Advice Sought
Hi — Where's the best place to look for some financial advice? I earn a relatively okay London salary as a freelance creative but struggle to save once bills, mortgage and tax are paid. I've never put anything towards a pension and my wife and I are expecting our first child in the summer so i'd like to start taking my…
-
Gifting savings for children
I am looking for a type of savings account for children. I am wanting to open a few different ones for my nephews where I can gift them money into their savings every birthday or Christmas instead of a present. As I have a few nephews I would say that each time I add to the account(s) I’ll only be adding about £30 at a…
-
W-8 ben-e
When do you need this? If I invest in a S&P 500 tracker listed in GBP on the LSE (eg. CSP1)? If I invest in Facebook shares via IWeb Trading Account (unwrapped)? What about either if wrapped in a ISA or SIPP? If you haven't filed one previously and have had USA tax withheld, can you claim this back in anyway or is this…
-
Missing Child Trust Fund Payment
Hello everyone I wonder whether anyone can help with a Child Trust Fund query? I have two children, my son was born in August 2005 and my daughter in March 2009. I received a child trust fund voucher for both of my children and opened them an account with Nationwide Building society. When I received my annual savings…
-
SEIS query
In March 2018 I invested a very small amount in a Seed Enterprise Investment Scheme (SEIS) and received a certificate from the organisation. I've realised that I can claim tax relief on this investment and have the correct form. On this claim form there is a box to insert the name of my tax office, however I can't find out…
-
Difference between Blackrock funds
Hi all Apologies if this has been asked in the past but just need to clear something up regarding he blackrock consensus funds via HL. For example the Blackrock consensus 100 has 2 versions- class A and Class 1. What is the difference between the two? Both have different initial on going charges but due to the discount HL…
-
Small Pot for First Investment
Hi All, I have three Regular saver accounts running at 5% and an emergency fund held in a Tesco current account at 3%. I have £2k sitting in a dormant account that I would like to lock away in investments. What are my options for getting started? Thanks in advance.
-
fixed rate bonds and fixed rate isa
I recently opened a 2 year fixed term deposit account with another bank in november 2018. I already have a fixed rate isa account with my main bank since January 2018, Is this ok ? I read somewhere that arent allowed 2 cash isas in one year but not sure if is just referring to isas . I am assuming a fixed rate bond is the…
-
Woodford Equity Income - I really don't get today's drop?
I really don't get why Woodford's Equity Income Accum. has dropped 0.5% today. UK stock markets have been positive for the last few days, and the top 10 holdings (45% of the fund) are significantly up today. The GBP is flat-ish, so that's not the reason. What am I missing?
-
Nationwide Regular Saver (5%)
Hey guys, I opened one of these on 5th January this year. I also opened a similar product with First Direct. The first direct one clearly sets out in its t&c's that the maximum balance over the 12 month term is £3,600 (£300 per calendar month). The nationwide one I have makes no such mention in any of the small print (the…
-
LISA... is it worth it?
Hello, I'm weighing up the pros and cons of a LISA. I don't own a home and i'm looking to try and buy one. It probably won't be in the next year. I live in Oxford where house prices can be high. I have a help to buy ISA. I have a few questions to try and work out what is best: 1) If I buy a house within a year of setting…
-
Is it worth investing 40k for 4 months?
Hi all, Me and my wife currently have maxed out our LISA’s for the current tax year but do have 40k sitting in our bank account. We plan to get a mortge in 4 months so is it best just to leave it where it is or should I invest it? Thanks, A
-
KRBS increases daily FP limit to £250K
KRBS have increased their daily Faster Payments limit to £250K (from £20K). Not that I would ever have over the FSCS limit with them but it's very useful to know they have this generous limit. Hopefully they are setting a trend, at least for payments into people's own accounts.…
