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Trust and house purchase
Hi looking for some advice regarding a trust account that I am named as the sole beneficiary and the trustee is a family member of mine. We are looking to purchase a property together (house & annexe) what we are trying to find out can the money from the trust be used to purchase the property in the beneficiary name…
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buy to let investment
Hello I live in London and am a homeowner. I am in the forunate postion where I am set to be gifted approx 600k and want to buy an an appartment to rent out. I'm a little nervous about this, although it doesn't seem too complicated. Do any private landlords have advice on the best way to do this? I am thinking it would be…
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Fund analysis
Just trying to get a few thoughts from you good people. I have the following allocation within my ISA. Aberdeen multi ethical. 3.6% Liontrust special situations 4.5% Liontrust uk smaller companies. 22.3% Vanguard life strategy 100%. 24% Baillie Gifford Pacific fund. 4.0% HSBC shares. 7.6% JPMorgan Eur Smaller comp 8.7%…
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Investing in stock market
I've been researching into this and people like john Bogle , JL Collins and Jonathan clements all suggest that investing is good but also very straightforward. They all advocate buying one or two globally diverse index funds that have low fees and will track the overall growth of the various indices. They say that very few…
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Does anyone use Yodelar?
I am thinking about self investing my pension and savings. Does anyone use Yodelar? Is it any good?
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Investment Conundrum
Hello guys - need some help with an idea that's really bugging me!! Just suppose I want to invest in a fund (nothing specific) and it's unit price is 0.01. I'll invest £1.00, and that will give me 100 units in that fund. Now, just suppose that a few months later, the unit price goes up to 0.50 and I will then invest…
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Advice please-investment paralysis
My situation is that i have cash resting in SIPPs and ISA that is uninvested. I like to invest in ITs and diversified multi asset funds if possible, usually trackers to keep fees low. I know the old mantra of time in the market not timing but everything just looks so relatively expensive right now. It seems to me that if…
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Had a HTB ISA can I get a Lifetime ISA?
Hello everyone I have had a help to buy ISA which I have recently closed and received the bonus to buy my first house. Am I allowed to open a lifetime ISA now and eventually receive the bonus that provides? Thank you
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Will Trust Query
Hello, Apologies if this has been asked previously, but my brother and I have been appointed as executors of our fathers will and are in the process of selling house, etc. The will states that proceeds are to be split 4 ways: 25% to me 25% to my brother 25% to my sister 25% in trust to 3 grandchildren who were alive when…
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How to decide asset allocation?
I understand a key factor affecting an asset allocation would be risk appetite which would mostly determine the asset split between equities and bonds/cash. What are the decision factors affecting the split within equities itself though? E.g. FTSE 100 vs FTSE 250, or FTSE all share vs S&P500 etc. Say my goal is for a…
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Invest lump sum or pay off mortgage
Hello there, I am about to inherit a lump sum which is very close to the amount I have left on my mortgage. I am looking to relocate in the near future and purchase a new home which will be significantly more than my current one (different part of the UK). Do I invest the lump sum for the time being or do I use it to clear…
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Pay Rise Options
Good Afternoon, I have recently received a modest pay rise, which will result in my monthly pay being increased by approximately £130 net. Our current family budget is well catered for by my pre-raise pay, so want to do something with this extra cash before it gets swallowed up by day to day spending. I think I…
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Interest on savings?
I have a large amount of money that I inherited when my mother passed away several years ago, it has been sitting in my bank account getting no interest and I was wondering if there was anywhere it could actually get a decent amount of interest as I'm using this to live on? I find money talk etc goes over my head usually!
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Should I put this money towards my Pension or a Home?
Please may I have your personal opinions/advice on this... I was given a large amount of money from an inheritance and I have paid off all my debts, I'm still left with around £40,000. Do I... put this in a pension, as I'm 31 years old and do not have one or do I put this towards a home? I live in a 'Right to Buy' housing…
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Negative gearing for investment trust
I've recently dipped back into the market following a house purchase and have come across JP Morgan Emerging Markets Investment Trust PLC. I have read through some documentation of the trust including factsheet and noticed it currently has negative gearing. I understand the concept of gearing and have always seen it as a…
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Early retirement at 55
I am thinking about early retirement at 55 . We have 4 rental properties giving us a income of £2200 per month plus we have savings of £145000 is this enough to live off.
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Accumulation and income funds
About six years ago I had a few grand in the bank, so I threw it into an investment ISA. I didn't really know what I was doing, so I picked one that was doing alright (Liontrust Special Situations UK). To be fair, it's performed ok. I've since started putting some into a investment ISA every month, and I noticed that the…
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Over £8 million Premium Bond prizes lost in the post - MSE News
Over 180,000 premium bond prizes which were sent as cheques but never arrived in the post are waiting to be reclaimed, MoneySavingExpert can reveal...Read the full story: 'Over £8 million Premium Bond prizes lost in the post - check if you're owed' Click reply below to discuss. If you haven’t already, join the forum to…
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Paragon Bank - Unable to close fixed rate account
I currently have 3 fixed rate savings accounts open with them. I called today to close 2 of them as I need the money. I was surprised to be told that in the T&C's that I cant withdraw or close the accounts. (Who reads all the t&c's?) I'm now in a real situation here, its a lot of money I need and I'm a bit sick that I am…
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Guide to investing as a trustee
I'm one of three trustees for a trust set up in my mum's will to provide an amount for each of my children (called 'the grandchildren's trust), which they can have when they are 26 (they are 17, 20 and 24). I am planning to invest the amounts in NS&I Income Bonds as they seem suitable for this type of investment, but the…
