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Investing Mums house sale proceeds
Has anyone got experience of dealing with the proceeds of a property sale as a Power of Attorney for a parent? We have sold Mum's house to make sure there is funding for her care home needs in the coming years. We don't simply want to leave all her money in her bank - as far as I can see the advice is always to put some of…
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Inflation & Savings
I want to stick £70,000, which is my savings, into an Oak North fixed rate bond, which offers 2.01%. After 12 months, I'll get around £1400 interest. Problem. This is below the BoE inflation rate. So, question is, is there a better way to protect this £70,000 against inflation?
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Struggling to transfer S&s ISA
Hi. Last year I set up a stocks and shares ISA with my bank, Natwest. I went with them because it seemed convenient at the time. After researching S&S ISA's more, I think I'd like to go with Vanguard. I've sent off a letter signing me up with them, and they replied with details how to transfer my Natwest account over to…
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Buying percentage of parents house
Hi all, First time poster here. I have some questions regarding a specific situation. I will explain in brief. My parents are home owners with mortgage fully paid around 10 years ago now. They have a modest 3 bed Semi in the the Midlands, which is in need or some work and upgrades, including a single storey extension etc.…
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anyone know about Canadian RRSPs?
Hi - long shot but maybe someone on here knows about these. My Canadian wife has about $60k spread over a number of RRSPs and they don't seem to offer much in the way of interest. There is one called a GIC RSP from TD which has 1% interest and matures in Jan 2020, there's another TD 1 year cashable GIC RSP at 0.4% which…
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Can't access www.aviva-wrap.co.uk
As the title, I am trying to register my details on https://www.aviva-wrap.co.uk but I'm getting "the site cannot be reached" message. I have some investments I need to look at. Can anyone suggest where I can find access?
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bitcoin scam
Hi , im new to this so apologies if im on the wrong forum! i recently invested in a company called XtraderFX who deal in bitcoin or that is what i thought but i basically have been conned into losing £2000 , i have reported this to the fraud dept but got absolutely no help whatsoever! So i am basically asking for any…
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Marcus savings account versus Cynergy savings account?
Hello All, I'm looking at opening either a Marcus or Cynergy savings account and just wondered if anyone has any experience with either? I need it to be a joint account, I've found that the Cynergy one can be joint in the ts and cs but can't find any mention of it with the Marcus one? Only other difference seems to be the…
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tax payable on dividends
I know in an ISA that you dont pay any tax on dividends that you get from shares and that outside of an ISA wrapper you have a dividend allowance of £2000 pa before you pay any tax. I also know that the tax you pay on dividends outside of a an ISA wrapper depends on your income tax band. However, if you dont pay any income…
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Investment isa
On listening to a local radio this morning an advertisement gave out a number to call for people who have lost money taking out investment isas. I opened one with Royal London in 1997. At the time the salesman said it would outperform by far the bank interest rate at the time. But within 18 months i got a letter to say…
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IFA Remit
I am wondering how it works is you approach an IFA and you have a typical mixture of pension pots ( DC and DB ) S&S ISA's ; cash ISA's ; Premium bonds & maybe a few unregulated investments ( like P2p) etc I understand that if you just wanted a one off consultation, they would look at the whole picture . However if you…
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Advice sought on best way to start a stocks and shares portfolio
I am hoping people would be willing to offer some advice on my intentions to build a stocks and shares ISA portfolio. I am 34 and intend on invest £250 a month into a stocks and shares ISA. I have 6 months salary saved in cash for an unforeseen emergency expenditure. I don’t have any particular goal in mind, other than…
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£20,000, Best place to stash away.
Any advice on where to put £20,000 long term. I have looked at long term fixed rate accounts. My last S&S Isa has made nothing since I opened it 2 years ago,so unsure about those.
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Seasons luxury lodges timeshare
Seasons luxury lodges Does anyone have any thoughts on buying basically a timeshare in seasons luxury lodges although they don’t call it a timeshare My husband bought 2 weeks at a luxury lodge in wales but primarily as an investment. They say if we don’t ever want to use the two weeks we will get approximately 6% returns…
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Buying Stock On-line
I have held a particular stock now for many years and would like to invest a (possibly) one-off addition to my existing holding, what is the best way to do this, I don't anticipate doing any "dabbling" in the future. My idea is to use the dividends to up my income, concerning this income is there a tax free amount I can…
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Student property investment?
I have £90k savings to invest. I am researching into investing in student property. To buy two student apartments for £40,000 = £80,000 total. Buy in good location i.e. Bristol, Leeds Birmingham. New build, clean, efficient. Go to a big city where the demand for new, modern, clean student apartments is high etc. Give…
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Total Beginner to Investment
Hi there, I've just recently started my first full time job and wanted to start putting some money away in investments for the future, probably by way of an S&S ISA. I bank with HSBC and know they offer one with a variety of investments. I have had a poke about both here and elsewhere and also heard Vanguard and Cavendish…
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Peer to Peer - how much money is at risk?
So, I've recently become much more active on these forums and it's becoming quite an interest! I'm not in the market for peer to peer loans but just wanted to understand it as much as possible more than anything. This example is based on using Zopa to invest. So, the overwhelming advice is don't take a P2P if you want to…
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AIM shares and CGT
£100,000 invested in AIM shares NOT in an ISA. Showing a profit of £100,000. Another £100,000 of AIM shares bought using a loan from the ISA provider with the first lot of shares as security. And again. All £300,000 sold at a profit. For CGT purposes is the 'cost' £100,000 or £300,000?
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Selling shares in a Swiss company
I have some shares I want to sell, the money would be paid to me in Swiss francs. Whats the best account to pay them in to to minimise exchange costs. I have a Revolut account but not sure that would work Maybe £10000 worth
