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where to start saving
After being in debt to he tune of 21k at start of 2018, i now only have 2 payments left to make to be completely free of debt, £450 end of Feb, and £372 end of March. I also have an emergency fund of £7200 built up (been working my !!!!!! off and not buying what i don't need). What i need to do now is find somewhere to…
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Savings Advice from the collective MSE Brains
Currently have £2k in savings in a Virgin E-ISA. The interest is 1.89%. I cannot find anywhere with any interest rate, and wondered what you would do in my position. I have a current account with BoS, and TSB Classic Plus Account. I was drip feeding the Virgin account every month from the TSB account as there is no…
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Tesco dividend.
Hi,If I buy Tesco tomorrow will I get the special dividend ?Record date 12 FebEx div 15 FebPayment date 25 FebThanks in anticipation.
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changed to virgin for freebies.now old bank offers £125 cashback.
Hi. I changed current account from tsb to virgin because tsb stopped giving interest on the balance. so thats fine. now tsb are offering £125 cashback for new customers. but does that include returning customers? I wonder are there people out there that actually constantly change accounts to get the goodies on offer? I…
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...Is the BTL proposition now dead?
After talking to a collegue again this week who rents out several BTLs (and singing its virtues vs my pension + ISA portfoilio) i looked again at some (what i think are sensible) numbers for a £110k flat with a 25% mortgage @ 3% interest onlyAs said, i have tried to be sensible...so assumed 11 mths per anum rental rather…
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Wealth Management companies: web site location of reviews from existing customers?
This morning I received an unexpected request from a relative who is keen to invest through an unknown (to the both of us at least, though that is not saying much) wealth management company (purely given their very high quoted returns) and wanted me to give my instant opinion on the advisability of doing this, which I duly…
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LLoyds Share Dealing - Am I missing something?
Guys, I've just done a 3 and 10 year comparison between LLoyds share dealing and Fidelity, iWeb and Interactive Investor. Unless I'm missing something, Lloyds, which never seems to get a mention, looks fairly compelling an option? - Especially if you intend to trade more frequently. II, on the other hand, which gets…
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The "Balanced" (60/40?) Investor: Topic for Discussion & Analysis | New Thread
Everyone invests in a way that is unique to them, even though they may share the same, or closely resembling, goals and attitude/ approach to risk. Similar levels of return can, and are, achievable through quite different portfolios, with different asset allocations and varying ongoing strategies, and all for a similar…
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Lifetime ISA - EQi or AJ Bell
I'm planning to open a LISA whilst I'm still the right side of 40. I've narrowed down my platform choice to EQi or AJ Bell. I'll be investing £4,000 as a lump sum into a fund each year. The fund I plan to use is available on both platforms. What are people's experiences and/or recommendations?
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Where to get started
Hi Folks Looking for some advice from those more knowledgeable than myself,. I've always been careful with my money but probably not particularly good with it, if that makes sense. And want to start making my money work for me. Position is i currently have £50k cash in the bank (split between 20k in santander 123 current…
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Premium Bonds vs Trading Account
I gave up on savings accounts and instead maxed out on Premium Bonds. Meanwhile, I've already maxed out my ISA and personal allowances and my only real tax free option is to pump a load into my pension which I don't really feel like doing so this year it's gone up by 5k thanks to the Covid bounce. Therefore, would it be…
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House sale income? Ideas of what to do with it please?
We are selling our family home and downsizing. We are going to end up with approx £170000 left once we have cleared our outstanding mortgage, giving our 3 daughters a £10k gift each, paid off the car loan, etc. My hubby's is 58 and his health is not good, so I don't think he will ever work again. We have this year started…
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Premium Bonds
My Mum has recently died from Covid & had premium bonds. Been informed to claim the money back we have to have a letter of probate costing from £215 -£415 even though she had a will & my sister & I had Power of Attorney. Is this right?
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Pound Cost Ravaging question
Pound Cost Ravaging is where someone takes out more income than is being generated by investments so part of that investment has to be sold to maintain the income so compounding the problem. I have two principle investments. A Fidelity Multi Asset Income Fund which is a fund of many funds for diversity. It has a daily unit…
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BTL or Home Improvement - What to do
Hello, RE: I'm looking for advice on what to do with some money we have saved. Should we get a BTL or invest in extending our house and adding value. I invested in a share save scheme that my company run for employees when I first started my job and I now have quite a large initial share pot of around £17,000 (at the…
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Should I release equity from buy to let?
Myself and my OH own a buy to let with circa £140k equity in it. The tenant pays us £1,100 a month and the mortgage repayment is around £750. Our mortgage is due up in the next few months and we are considering whether it makes sense to pull money from it, or change to interest only mortgage and invest the additional money…
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Muitl platform vs single
With all this recent chatter on platforms I wanted to get people's take on one platform vs multiple... I was under the impression that holding a substantial ISA, GIA and Sipp on one platform was a risk (say combined value is in the seven figure range). This HL thread by BananaRepublic got me thinking, and one of the…
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Gilts Example
Please may someone help me with an example on Gilts? I want to invest in a Gilt (some Gilts?) within my SIPP. I'm looking at a 15 year time horizon. Because my SIPP is already quite close to the lifetime allowance I'm happy to have a low-interest but safe investment like gilts. Consider this Gilt for…
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Best place to save
Which bank/building society is best for saving up to £500 pcm
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Stocks & Shares ISAs vs Overpaying Mortgage
Hello MSE's, I am tempted to go for either the Vanguard or Welthify stocks and shares ISA, £500 starting and £100 a month deposit for the next 10 years. The other alternative would be to overpay the mortgage of current value of £390K fixed at 2.17% for the next 2 years (paying ~£1400 pcm) . Which is the best strategy and…
