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One-off Purchase of Shares in a Specific Company
Hoping someone can help and apologies if this is very basic!! My children have been left £2,000 from a relative. We are looking to buy shares in one specific company that is listed on the stock exchange. We do not want to do regular transactions and we are looking to invest for a minimum of 5 years. I have done a bit of…
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Personal Savings Allowance
https://www.gov.uk has the following on its website You may also get up to £1,000 of interest tax-free depending on which Income Tax band you’re in. This is your Personal Savings Allowance (PSA). However, there is no actual allowance for savings interest. It is either tax exempt (ISA's) or taxable. Depending on other…
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Unexpected cash gift
Hi guys. I have a question which I'm hoping somebody on here can answer..... I was at a close family friends house today and the discussion turned to debt and the burden of it all. I was asked how much debt I was in and I answered. The response was a shock to me to say the least! Our friend offered to pay our debt in full…
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Fully repay mortgage NOW - yes or no?
Hi, In August I could make a penalty-free overpayment (paying £11k) and be mortgage free. It's an appealing thought but I wonder if it's the best thing to do. Context: I'm 38 and live in a flat with my family of 4. The kids will require moving into a bigger place in 5-6 years and one way to do this might be to build into…
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Foreign Currencies Direct
Sorry if this has already been debated but does anyone have any experience of this company? They were recommended to us by our estate agent in France as we are buying a small house over there. They say they are accredited by the FCA. Searches have pulled up really good reviews and they claim there are no hidden charges…
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Union savings or gmb savings ?
Recently been looking into savings and ways to actually save. Have been told about ‘union’ savings and a Gmb union? What’s the difference, what do they offer separately? And what would be the best to go with ? Thankyou
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£150 to £61,000 in a year!!!
https://www.dailymail.co.uk/news/article-6943523/Schoolboy-16-turns-150-61-000-year-studying-trading-tips-online.html Give me one good reason why I shouldn't give £155 to this 16 year old schoolboy to make me rich... (sarcasm intended) If it looks like a Binary scam and smells like a Binary scam....
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Have I got this right? First time with S&S ISA
Getting ready to start an ISA and wanted to do a S&S ISA. I’ve been recommended Vanguard and either their Life Strategy or something like their FTSE Global All Cap. Is it right however, that I can do it all through Vanguard but be limited to essentially Vanguards funds and ETFs. Or... go via someone like AJ Bell/ HL and…
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Any views on dozens?
I'm considering putting some money into the dozens 5% fixed interest 12 month bond. Anyone know of any reason to avoid this bond? KT
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Where will i get best return?
Have £13k to invest best place for interest but will need money out next October (2020)
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Raisin £50 bonus
Hi all, applied for a ICICI fixed savings via Raisin when they were giving a £50 bonus. I sent them an email for bonus request and they paid me £10 bonus in November. I have only just logged into my account to realise that I have been short changed. What can I do?
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Price Manipulation on AIM
Is there anybody here who is part of any shareholder associations who feel there life savings have been subject to price manipulation on the AIM ? I have an interest in a company making millions each week where there appears to be clear evidence of colusuion to bring the price down.
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Ratesetter loan size
I joined this site in November with a referral link from here. My £1,000 deposit was actually lent out in one loan on a rolling basis. This has now come down a bit due to repayments so i have 4 small loans and this one big one. Obviously one large exposure like this is not what I wanted or expected. I was going to put…
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New to shares and the stock market
Hi all I'm 37 with about 85k equity in property and 45k in the bank. I don't have any private pensions. I have paid the max off the mortgage without getting a penalty until next year. I am looking to invest the 45k or at least half of it into the stock market. I am new to it all but it looks like the best place to go as…
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18 year old with £100 per month to invest
What advice would you give an 18 year old with £100 per month surplus income to invest? At the moment they have £25 per week going into a High Risk NEST pension. They want to buy £25 per month of Premium Bonds. Put £25 per month into a HBOS Share Building account. Put £25 per month into a HBOS ISA Investor. Put £25 per…
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Getting married. Financial advice needed!
Hi, New to here so hope I'm posting in the right place. I am getting married in October, first time marriage age 50 :T I own a flat worth £135, 000 (cost me £49, 000 18 years ago) approx £18, 000 left to pay on mortgage. Monthly net income £1500. No debts or investments/savings. No children. Fiance also owns a property…
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Best saving for £50k
Hi, In the fortunate position to have sold a property., and as a result have £50k as profit. So, this begs the questions. 1. Where to place this windfall, savings wise? 2. Buy another property? 3. Premium bonds? Having never been in this financial postion before, the savings options seem endless. Any advice or opinions,…
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II vs Hargreaves Lansdown
Hi everyone, I put in £20k to my HL Stocks & Shares ISA last tax year and they charge 0.45% as a platform fee. I’ve been considering moving to Interactive Investor due to the expected growth in annual ISA additions, growth in what I’m investing in and benefit from lower costs due to the flat fee. In 5 years I am to have…
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Raisin - can't login "You dont possess the required user roles to be allowed to access this part"
Hi i've had a email from Raisin regarding the maturity of the Gatehouse Bank 1 year account many of us opened for the fifty quid bonus. But as per subject, after i login I get the error message in the heading. Is anyone else having this issue?
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Where to start saving for my 7 year olds future?
We never got to start a fund for my 7 year old daughter but now have £4500 so would like to put that into something that will grow and I could add maybe £40 a month via direct debit. I am intersested in stocks and shares ISA since I don't use my tax free allowance for this. Is this the best route and if so, could anyone…
