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Pound cost averaging investments
Please advise, I have invested for some years in index tracker funds and would now like to diversify to take account of the FSCS limit on stocks and shares isa. Question, if I sell some of the investment to open another index tracker fund do I lose the advantage of the units I’ve bought when the value dropped and how does…
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Redundancy payout handling
I'm about to receive a large (for me) redundancy payout from my previous job. it's going to be just under £30K, and I'm not sure what I should do with it all. There are a few things that I'll do immediately, such as paying off cards, but then should I split the rest into different accounts? And if so, what sorts? Also,…
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Interesting viewpoint?
A thoughtful article from Murray International. I bought it for the grandkids in 2013 and sold out last year for a 40% gain, because a lot of that was due to the Referendum devaluation. It seems some managers with a proven long term record have had difficulty adapting to the era of QE and central bank support. Do you think…
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Inheritance
I am soon to receive approximately £30,000 of inheritance. I would really appreciate some advice on where best to put the money so to maximise the interest/investment.
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EXCESSIVE FEAR OF POVERTY ..leading to ''material wealth ''
Excessive fear of poverty .. #171 15th Feb 19, 11:20 AM This is an aspect of Mental Health that can affect finances - an extreme fear of poverty, usually caused by traumatic experiences in childhood / adolescence, that causes the individual to maintain excessive control of their spending,and to have a ''poverty mindset'…
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Opening a foreign fixed account - is it worth?
As I'm tired of catching the best rate on fixed accounts in our banks I decided to look into foreign accounts. Of course, it will not be an FSCS in place (some local scheme probably) but the % are better and maybe it's worth to try with some small amount £5k? What do you think? Some past bad experiences:eek:?
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Tax Free Dividends
As a basic rate tax payer do I understand that I can receive stock dividends up to £5000 without paying Income Tax on them.
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Instant Access Savings
As a small business owner it makes sense to me to set aside the VAT I'm due to pay into an Instant Access - ISA? Account? so that it's available when I need it and not sucked into the business. I can put aside a regular amount monthly. I've done a bit of digging but most instant access accounts limit withdrawals to once or…
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Anything I should do differently?
I’m trying to beat my mortgage interest rate of 4% as I recently consolidated some debt onto it and don’t want to regret that decision! Currently I have: 2500 in nationwide current account 5% 250 in nationwide regular saver 5% 1500 in TSB current account 5% 250 in HSBC regular saver 5% 500 in Virgin regular saver 3% Day to…
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ILSC calculator
Is this broken again? Every investment I have is showing as being worth hundreds less than a month ago?
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Small/large cap allocation in Japan
How do people split their small/large cap allocation in Japan, because it certainly doesn’t mirror the UK/Europe model which I see as moderately better returns for slightly/moderately higher risk over the medium term. My two Japan-specific funds are Lindsell Train Japanese (large cap) and Shin Nippon (small cap). Charting…
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No difference between funds
I am invested in 2 particular funds, which as far as I can tell are doing almost exactly the same thing. I find this fascinating, as although they are similar types of investments, L&G is specifically exUK whereas Blackrock Consensus 100 is 13% equities. Thoughts?
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High Interest savings for business account?
Have a fair lump sat in my business account for many years now. Most of it is in HSBC's savings type account but the interest is just crap. While rates were low I didn't bother but realise I could be making a decent sum on current rates. Anyone know of decent savings accounts for business?
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Personal Investment Bond
My father took this out some 33 years ago. Some years ago he assigned it to me, such that it will pay out to me on his death, or earlier if I cash it in. I understand that there may be income tax to pay if the cashing in pushes me into the Higher Rate income bracket, based on the current value + any amount redeemed -…
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Cofunds Aegon Transfer
I held both ISA and GIA accounts with Cofunds for many years and then I applied to transfer from Cofunds Aegon to AJ Bell Youinvest in June 2018. A tortuous process which seemed to complete in November 2019, or so I thought. I’ve now received a statement from Aegon with a balance of £400+, split between the old ISA and…
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Saving + clearing debt
Hello everybody! Mine name is Ash and I am new to the forum. I have always been very rubbish with money, despite earning a reasonable wage have always spent it as fast as it comes in, at times - even faster. I have amounted around £6000 in credit card debt over the past couple of years and have now decided I can’t go on…
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Saving Redundancy Money
Hi I am expecting to receive a large amount of money due to redundancy at the end of this year. Please can you tell me the best Savings account I can open to put this money in? I would also like to be able to withdraw from it easily as well. :) Regards Sharon
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Savings advice - are we doing the right things?
Between 2007 - 2009 I lost everything, newly started business, money, home, relationship, the lot. Decided to retrain as a Primary School Teacher which has been the best decision, also married again which is an even better decision. Meeting my future wife at that time was a blessing, we bought a house (in her name solely,…
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How Many funds are too many?
Hi All, I've recently come into some money that I will be using to pay for an early retirement. I have chosen the funds below to make a start in a S&S ISA. The money going into these will not be needed for at least a decade. Vanguard LifeStrategy 40% Equity Fidelity Moneybuilder Income Inclusive - Class A Baillie Gifford…
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What to do with savings
I've just turned 32. I've always rented, don't have a mortgage. I have approx 70-80k in savings, most of which is sitting in a Cash-ISA. The Cash-ISA was a fixed rate, but has expired over a year ago and will be the default variable rate now. I have been working full time pretty much since finishing uni. I make a pretty…
