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Evaluate my (revised) plan
As some of you know, I've recently started investing, putting £20k into a Vanguard S&S ISA. Rightly or wrongly, I want to fully utilise this pot within Vanguard whilst I'm still learning, whether it all remains there in years to come remains to be seen. I'm reluctant to go down the bonds route as I see no definitive…
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FTSE 250 ETF - MIDD vs VMID vs VMIG
I have an ISA portfolio, managed with strategic targets and is pretty much 100% equity. Within my 10% (currently at ~16%, tactical o/weight) UK allocation I hold the iShares FTSE 250 ETF (MIDD.LON) which I have held for years and have never really bothered considering alternatives, particularly from a cost perspective. Any…
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Savings account
Hi all! I've searched high and low for this and can't seem to find any help so I thought I'd try here (although I may have read something but not understood all the jargon lol) Background: I'm useless with money and my partner does all the budgeting and I just sit back and spend haha. That means all savings and financial…
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Negative Interest Rate - I have one!
On a savings account that I don't use very much, I was charged 1p interest on the 31st March. It actually happened! Now they are threatening to close the account as the balance is below £1.
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Where to put my emergency fund and bill payments
Hi, Apologies if this has already been asked or wrong place. I'm trying to figure out the best way to split my current cash. I have around 12K in my current account and am looking to take a chunk of the money and put away somewhere as an emergency fund (ideally around 6-8K). With the remain amount I am looking to keep 2K…
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Transferring money from a cash ISA
Hi guys Please excuse my ignorance, but I have a question about moving money out of an ISA and investing it in a notice account. My wife has about £50k in a cash ISA, but because it's interest rate is currently so low we would like to move it to a higher paying 90 day notice or a fixed savings account (not another ISA).…
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New to investment
I newly inherited about £100k from my parent. Never had any experience with investment before. Initially I was considering buy-to-let. Some helpful people on the forum advised me buy-to-let is not for people who are risk averse like me. Instead, investments like unit trust would be a low risk way to invest. I did some…
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Inherited 50k. What would be my most sensible option?
My Father recently passed away & today his pension company contacted me with various options regarding his pension pot. The options they have given me are Lump Sum: 50k Beneficiary Income Release Transfer/Open Market Option Lifetime Annuity I am a single 42 year old male with a 14 Year old Son who lives with me. I am in…
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Bringing money into UK from South Africa
Hi there, I have South African Rands to bring into the UK (from a house sale) Is there a limit to the amount I can bring in, and what are the tax implications? Will it be best to bring a lump sum, or spread it over 2 or 3 years? I am self employed, so do I declare it in my annual self assessment? Thanks so much!
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Where have you put your share of £140 billion "excess savings"?
Works out near £5k per income-tax payer. "Hopes for a “roaring Twenties” economic rebound this year were lifted by the latest GDP update from the Office for National Statistics, which showed that the household savings ratio had jumped to 16.3 per cent of disposable income, compared with 6.8 per cent in 2019. Capital…
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£50 per month to invest for children. Advice please
Hello So i have £50 per child to invest per month ( I have 2 aged 6 and 9). They currently both have 4k each in premium bonds. They have no other savings or bank accounts. As you can tell I'm a bit green with investments. Please could you advise where to start?? I am a carer for relatives and am returning to work so don't…
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A J Bell Customer Service
I asked this a few months ago: I find them almost impossible to contact now. Some emails I sent last month took 3 weeks to be replied to. A question I emailed about a transfer received a reply a month and a day later! Now I am on the phone trying to ask again about the same transfer. 32 minutes and counting so far. They…
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Can shares be disowned / ignored?
This is my first post since joining this week. I am completing probate following a death in the family (nearly 3 years ago now) and there are a few shares traded in the USA. In order to sell them for the beneficiaries of the will, it's necessary to provide a Medallion Signature Guarantee (for signature authorisation…
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Student Coin. The next Bit Coin or just another elaborate scam
I've recently received a referral for 'Student Coin' from a family member who I would trust with my money but knows no more than I do when it comes to risky investments. He himself was referred to Student Coin by a regular Investor who reckons that it could be the next Bit Coin! Having done my due diligence on Google,…
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What funds do you invest in for a child?
I'm going to add a fund into my S&S ISA that will be for money for my son for the future. He is 6, so could have 20 years before needed the money So, I'm thinking to mainly be in global equities but just wondering what funds you have for your children?
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Investing in Tesla and the EV market.
Hi, I made a lot of threads on investing here with a lot of helpful advice, so thanks! This will probably be my last thread on investing... It's about the EV market investments like Tesla etc. I did some reading and here's what I found... Experienced investors advice is welcome! thanks... EV stocks are down past few months…
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Savings Accounts for Children - doing better for them
I have two children, 8 and 10 years old. They both have over £5000 each in their savings accounts that we set up for them when they were born. Over the years they have put birthday and Christmas money in, and they both got a little bit from a family member who died and left them something to them in their will. They have…
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Index Fund Dividend Payout Taxes - What Tax Year?
For example. You have an Index fund that is an Income type and pays out Dividends Ex-Dividend Date is: - 1st of April 2021 Record Date is: - 31st of March 2021 Payable Date is: - 29th of May 2021 Are the dividends taxed during the tax year of 2020-2021 or 2021-2020? Thanks.
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Understanding past performance data on Vanguard site
I'm hoping someone here can help me understand the different data visualisations on Vanguard's site - and specifically why they vary for the same investment. As an example, take the ESG Developed World All Cap Equity Index Fund -…
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nationwide triple access account
the nationwide triple access account is one of those accounts that only allows you 3 withdrawals a year before the interest then drops from 0.4% to 0.01% https://www.nationwide.co.uk/products/savings/triple-access-online-saver/features-and-benefits would anyone happen to know if you can have more than one of these accounts…
