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Best holdings in a GIA - tax purposes
UK higher rate tax payer What are the best holdings to have in a General Investment Account for UK tax purposes? Individual stocks seem to be the most attractive so as to only use the capital gains allowance as the lowest tax with being able to time sells. I would prefer to have some form of multi asset fund rather than…
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Medium vs long-term savings and investments
Hello there! I am currently in the process of doing research into getting started with investing. For some context, I've purchased a property and I've built up a 6-month emergency fund so I would like to start putting away some money on a monthly basis into tracker funds and so on. However, I am a bit confused by all the…
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Lasting Power of Attorney (financial descisions)
There doesn't seem to a be a forum section for this type of question so here seems as good as any. I'm setting up Lasting Power of Attorney so that financial decisions/action can be made for me if I can't but I'm still alive. I'm father to two young girls and live together with them and their mother. I do not trust her to…
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What to do with children's inheritance?
My two daughters were left £5k each by my mum in 2014. It was left with the instruction that it wasn't to be given to them til they were at least 18, ideally 21, and used to go towards a life purchase, eg house/car etc, not just frittered. Up to now, it's all just been in a smile savings account, but I want to finally sort…
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How to properly review your investments?
Hi everyoneso, I have opened a LISA and invested in a global index fund acc, with the idea of reviewing the investment once a year. So here comes the question: what would you look at to properly review your investment? Is that something else, apart from just the annual return? Of course, considering this is a long term…
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Premium Bonds time to withdraw online
I've read some stories about it being hard to pull your premium bond savings out as it takes quite a while, but as far as I can see that has been related to postal/cheques etc. How long does it take to withdraw online? Is it instant/next day, or still delayed? Presuming I didn't fully close the account and left enough in…
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Suggestions for investment trusts
I have invested my wife’s pension in SMT, EWI, MNKS and PHI. I’d like to invest my pension similarly in ITs, but would prefer non BG trusts, to avoid putting all eggs in one basket. Any suggestions for good diversified, small cap and Asian trusts? I’d like to avoid sector specific ones.
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Equiniti Shareview Fees
Hi, I'm new here, but hope someone can help. I hold a small ISA with Equiniti Shareview comprising 3600 Wasps Finance Bonds in an ISA. They have recently advised me that my fees are going to increase from £24 a year to £17.49 a quarter. They have told me I can transfer out for free as this is a big increase in fees, not…
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Savings and stocks & shares tax limits
I currently have a S&S ISA, two regular savings accounts, a standard savings account and I have just opened a Trading 212 invest account. I read somewhere that I need to keep track on interest and dividends I receive, and when I go over a certain amount, I need to report this for tax purposes. Does anyone know the amount…
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Warning re. Investec
I tried to open Martin’s recommended easy access savings account with Investec this week only to be rejected because, even though Investec know the government extended driving licenses which were due to expire last summer, they won’t take that extension into account. Very bad practice. I can’t use my passport because it…
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ChipLite - 0% bonus
Money Saving Expert states that the free ChipLite savings plan from Chip pays a 1.25% bonus (interest in effect). Well, on the strength of that, I've opened a ChipLite account and their app indicates the bonus as 0.00%. It only shows the fee-costing Chip+1 option as having a 1.25% bonus. So it seems like I've wasted my…
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AstraZeneca
Dear all, Just wondered why the AZN share price isn't making more upward movement, bearing in mind the recent vaccine approval. Thanks in advance
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Podcast on SMT
Today's Investors Chronicle podcast is all about SMT. Very interesting and puts in perspective some of the comments you see ... "its gone up recently so i sold it" or "too much concentration in Tesla" or "I was going to buy it but its gone up too much I'll wait until it drops .. <insert 600, 700, 800, 900, 1000 depending…
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iWeb - Worth getting in now?
Hey guys, I haven't formulated my investment strategy yet but it's top of my list for early 2021. It will 100% involve investing in some equities funds, almost certainly index trackers. Based on the cost hike of £100 vs £25 quid now is it worth signing up to iWeb now anyway? Even if I'm not sure I'd use it right away. I…
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Trading 212 vs Stocks shares Isa
Hi guys I'm new to stocks and shares just started trading 5 shares with a few hundred pounds in the Trading 212 app - I know that we have 20k tax free allowance in stocks and shares isa but was wondering if that is better? Although its tax fee need to pay set up fees and trading charges etc The trading 212 app has no fees…
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Next Years ISA
I currently have a vanguard ISA that I use to invest in ETF's as well as an account with eToro which I use to purchase individual shares. I don’t currently possess enough individual shares to be concerned with tax due when selling as I’m sure that his would fall within the allowances for CGT and Dividend allowance, however…
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Nikola / XL Fleet
Dear all, Apologies for clustering these two together, but they're sort of related: XL Fleet. This seems like an obvious area for investment. Had considered how existing vehicles would be used whilst awaiting the switchover to EVs. A co that carries out conversions/outfitting seems to have obvious potential. Nikola: Have…
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Which ISA provider?
I have been paying in £500 per month into a shares ISA. Not knowing much about such things I picked my current account provider. It seems the favoured ISA provider of most people on MSE is Vanguard LifeStategy. What makes them so popular, is it just the lower charging structure, do they out perform others or...?
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Dividend strategy musings
I am very new to investing but have been thinking about the below which "to my mind" seems a good idea for retirement. This would be in addition to my pension. Is the below a waste of opportunity? To build up a portfolio of UK blue chip stocks when the dividend yield is around 6% (maybe a little less sometimes) or higher…
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Toddler Investment
I've a one year old granddaughter living in Europe at the moment and I would like to put a small amount of money aside for her each month as a long term investment. I was thinking a tracker fund might be a suitable vehicle for this. Any suggestions, suitable funds or alternatives? Thanks