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Stock market, property or both?
Hi all, I'm a
long time reader but this is my first post as I'm hoping to gather thoughts
from people more experienced than myself. To
provide some background: * Age: 28 * Currently own a house that I purchased in February this year for £600k, in which I have around £200K equity * I work in sales in the software industry,…
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Scottish Mortgage Trust
Scottish Mortgage Trust has performed so well since the downturn that it is now 25% of my portfolio. Should I be considereing rebalancing? Other main holdings are Stewart Investors Asia Pacific Leaders 12.5% (held for ten years), Lindsell Train 12% (held for a couple of years) and Liontrust Russia 7% (held for over five…
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HP Autonomy shares and Richieson Securities LLC - is it a scam?
I've been contacted by Richieson Securities LLC in New York about selling some HP Autonomy shares arising from a Special Incentive Share Split. Their website looks a bit suspicious, as does the fact a Google search on them finds only their website and nothing else. The fact they seem to want some money from me up front…
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S&S ISA - how much/which platform/combining years/other queries
Good afternoon, As I said before, I am a daily reader of this forum for a couple of years. After I bought my house, I focused on getting married and setting an emergency fund. I am planning, by the end of April 2021 to be able to open two S&S Isa's and invest the maximum allowance. I also push quite hard to reach the 40k…
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Foreign transfers into children's savings account via parents - tax implications?
Hi, I'm looking at setting up children's savings accounts, mainly for money their Italian grandparent is giving them. I asked Virgin as their Young Saver seems the best bet, but they don't accept foreign transfers. I know that if the money comes from a parent there are tax implications, which makes me wary of getting the…
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Investing on behalf of children (not my own)
I've been looking for a way to open an investment account on behalf of some younger relatives. Having learned late in life the John Bogle attitude towards long-term investing, I'd like to drip-feed and occasionally lump sum invest in tracker fund/s for some younger relatives, with them being unable to access until they are…
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Legal & General or Aviva Shares
I am looking to invest in some insurance company shares and have narrowed this down to L&G or Aviva. L&G are still paying a dividend but Aviva looks decent value and has a good p/e ratio. Any views/comments on these insurers or any others?
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Shares Held In EU After Brexit
I have some Airbus shares which I think are held abroad, are there any implications after Brexit I should consider. I bought my shares as part of employee sharesave schemes when I was working for Airbus before I retired in 2006. Due to Covid there has been quite a drop in value but I'm not in need of the cash & would…
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Paying for Care Homes
Care Homes / We aren't there yet but need to plan We have savings in several accounts in our own names and in accounts in joint names but we aren't married Would the local authorities have any claim on the monies in the others persons name if one of us went into care to use to care for that person? If they do would the…
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S&S ISA query
Hi all, I have a S&S ISA with Vanguard and a cash LISA with Skipton. I have never used the maximum £20k annual ISA allowance, primarily because I am saving towards a property and wary of how much risk I could take with investing and the ability to recoup losses in a market correction or downturn etc My Vanguard S&S ISA…
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Starter investor fund critique
Timeframe: 35-40 years Capital input: 48K a year Tax wrapper: Sipp/Lisa Assets: Cash: 1 year Real life emergency fund, not for investing Equities 70% Bonds 30% property/commodities will be part of the index funds Platform: Halifax due to low annual fixed fee, £12.5, Schedule payments seems a no brainer, at £2 a trade per…
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ishares emerging markets UK Different Class
Just wanted to ask why they have so many different types of classes for the same UK Fund? The monevator mentions about the same fund but different price points 'Share class – A single fund may offer itself up in more guises than Zeus, as denoted by its share class. Instead of turning up as a bull or swan like a Greek god,…
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About to hit Help to buy cap, what next for saving?
I'm about to reach the £12,000 mark on my help to buy ISA so will not get any more bonus when I buy, and with Halifax having just reduced the interest to 1.7% What should I do with my money new regards saving?
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Child with a job- how much should I save??
I have a part time job aged 16 & I want to put a portion of my wages into my ISA each month, what do you think is a good portion to put in (I earn about £70 a month).
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Are my shares worth anything?
Hi I'm looking for some advice on whether my shares are worth anything. I bought 10000 shares in Redstone communication back in 2002. Since then the company has bought numerous companies and then in 2013 they split part of the company to Redecntric. I received 3 share certificates 2 x 1 share in Redcentric and q x 12…
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Which was the last bank to increase its savings rate?
On 1st May, Virgin Money increased the interest rate on its current account from 0.50% to 2.00%. On 17 April, NS&I cancelled previously announced rate reductions due to take effect on 1st May, notably on Income Bonds at 1.15% and the Direct Saver at 1.00% What I cannot recall is the last bank to increase a rate on a…
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Child's savings passing through parents' account
I have a feeling this might be a daft question but I'll ask it anyway.My young daughter has a savings account of which I am a trustee, and whilst some of the funds in there are from me, most have come from other family or friends, either directly into the account or via my account. I understand that any interest she gets…
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Best place to buy shares?
I am looking to invest in some shares, and have been reading about them for a while. However, when looking online, there are so many different companies to use, I wonder which one in peoples experience is: 1.Legit 2.Has low/no fees 3. Is up to date The reason I mention being up to date, is I hear the prices on freetrade…
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Advice needed
I inherited an art collection from a great Aunt, who passed away almost 30 years ago. It was her life’s work. I’ve recently been offered £150k from a Museam who wishes to acquire the collection. Can anyone advise me on the following. A) as i inherited the items and it’s under the inheritance tax threshold. Is it tax…
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Withdrawing from a Hargreaves Lansdown Lifetime ISA
Heyy I'm looking to withdraw all of my money from a Hargreaves Lansdown LISA, taking advantage of the reduced 20% withdrawal penalty. I've used the HL LISA account to invest in funds which have gone up in value over time. When I withdraw the whole amount do I pay the 20% penalty on the money I've originally put in + the…
