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40k - what to do with it?
Hi there, I'm looking for a bit of advice. I've kept my savings (now at 40k) in a Santander 123 account for the past 5-7 or so years. It was a great place for savings for a while, but I've got too much in there now, the rate has dropped considerably and I've also moved all my direct debits out of there (which gave a…
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Scottish Widows Flexible Loans Trust – Trustee is the Lloyds Bank Financial Adviser – Help/Advice
Hi, I am a regular visitor to the
forum but a first time poster so please forgive any mistakes. I really do need some advice on this situation
before I go down the costly road of legal actions. I am the executor to my wife’s
late uncle’s estate. He was a widower and
87 years of age when he passed away in October 2019. In…
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Cheapest platform for investing in tracker funds from different providers
I want to invest across a range of trackers from different providers. I am trying to minimise the all in costs of investing. Are there any specialist passive only investment platforms out there with low platform costs? I know Vanguard have their own platform but I also want to invest in trackers from other providers that I…
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Predictions: Is the stock market likely to crash again during the COVID19 recovery?
I'm thinking about buying some shares or investing in a tracker fund. I see the stock market has started to bounce back from early March and I'm wondering whether the consensus is this will continue to rise or we expect a few more troughs? Thoughts please: Is the FTSE100 likely to crash again during the COVID19 recovery?
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Post-CGT Allowance Tax on Trading 212 Stock and ETF trading (Bed to ISA)
Hi guys, I was wondering, I am full-time employed and earn above £12,500 per year, and thought it'd be a good idea to invest in stock on the trading app "Trading 212", however I just read up on tax in that matter and am feeling quite discouraged. At this moment in time I only have like £36 or so in stock. I have instructed…
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HSBC Regular Saver
Who has opened a HSBC Regular Saver recently/during covid-19 online? Is the Saver opened straight away for you to make your deposit, or is their a delay? I only ask as this appears on their Reg Saver page: 'If you’ve opened a new account online recently, please allow extra time for your application to be processed as the…
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Youinvest W8-BEN renewal
How does renewal work? Do Youinvest send an email or secure message nearing the end of 3 years? Must the whole form be completed and physically sent as before can it be confirmed online if details haven't changed since previous?
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What to consider in regard to "Portfolio exposure"?
Hi Guys, I understand the concept of "portfolio exposure" (whether is an asset, a geography, a specific industry etc.) but I am not sure what other parameters OUTSIDE of my stock/shares investments should I consider. Example: If I am a home-owner in UK, that would be a real estate asset in the UK geography, so I might…
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Capital protection & growth - child education savings
A relative of mine is looking to save for the uni education of her young daughters, and I'll also be in the same situation shortly. She is looking for a (near) risk free investment with some growth too - at lease above that of an ISA. What products are best suited to this? Would some type of long dated bond or VLS fund…
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High Interest Accounts
Hi All, My mum is coming into some money soon and I am looking for a high interest account (savings), that requires 2 signatures to access funds and ideally you have to request in advance ie 30 days (is this something that is out there?) Seems strange I know but this is to avoid spending while she decides on possibly an…
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CAsh ISa transfer to S&S ISA
You know when you have read too much and then get yourself confused as different sites word it slighly different, I've now confused myself so just want clarification.... I want to open a Stocks & shares ISA now, I have a Cash ISA I opened in 2019 but I made a payment into it at the end of April 2020 so in this current FY.…
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Building Society Acccounts free shares
Back in the 80's I opened a couple of building society accounts for the free shares should the building society be taken over by a bank.In lockdown, have been going thru these accounts.Question is, is it still worth keeping £100 in each account ?And secondly some have merged i.e stroud and swindon and coventry, yorkshire…
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Profit from stocks
Hi. I put around 9k savings into several stocks inside an isa a few weeks ago. I’m around £2k up in profit. Should I cash out as I’m worried in case of a 2nd wave of the virus causing another crash. My friends said I should wait until it reaches 5k profit and are encouraging me to deposit the rest of my savings, leaving…
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Benefits of paying more for S&S ISA
I’ve been
using the comparably cheap IWeb platform for a few years and although it all
works - I can buy/sell/see my account online etc from communications it just
feels run by students (no disrespect to students intended). Buy and
sell is £5 so, very cheap. I don’t buy and sell often but the time from pressing ‘buy’ to…
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We all have to start somewhere
I'm saving for a house deposit and have made some additional decent savings during lockdown (in addition to my H2B and Reg Savings pot). I have £1000 to put away now and estimate an additional £250 a month for the next few months. What should I do with this small amount given low interest rates? Fixed term savings account?…
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Are Hargreaves Lansdown now requiring a code from a text message to login?
Last couple of times I've logged in they've sent me a text with a code to be entered as the final step.Is this a new feature?TIA
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I have employee shares going back over 20 years - how do I work out CGT?
I have employee shares which I've received every few years over the last 20 years or so either as part of a bonus or SAYE. They're all in an account with Equiniti, I have no paper certificates. If I sell some, how do I calculate CGT? Let's say I sell 1000 shares, then I know "profit = sale price - purchase price". My…
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Help to Buy ISA and LISA Query
Hello My husband and I are saving to buy our first house. We both have help to buy ISAs however since opening these we have had children and would be unable to buy a family home in our area (South East but not London) for under £250,000. Therefore we would not be able to benefit from the government bonus with the help to…
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Have I missed the boat!
Hello. I am thinking about
investing in unit trusts through an investment ISA for the first
time, I have a relatively small sum of £4k to invest for a period of
around 10 – 15 years. £4K represents around 10% of my cash
savings. And 10% is what I would feel comfortable investing as I need
some money in cash for a rainy…
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What to do with 30K?
Hi Newbie to the world of having money to invest so would appreciate any advice from the forum. I'm 60, have paid off the mortgage, get a pension of approx 20k pa and have recently had 2 x ISA's mature giving me 30K to invest? I have been advised to; put it in a SIPP (but I assume I would pay tax on any withdrawal?) My…
