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Selling Fund Units
Just suppose you have 500 units in an income fund, and those units are made up of say 400 group 2 units and 100 group 1 units. Now if you then sell 200 units before the next div date, how do you work out how your remaining units (300 in this example) are made up of group 1 and 2. I think I'm right in saying that you would…
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Transfering Cash ISA to another provider
Hi, I currently have a ISA with Virgin Money - It looks like it was transferred into an instant access ISA paying just 0.25% interest What is the best bank / building society that accepts ISA transfers so I could move it into? Thanks
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Savings or pension
I'm new so I apologise in advance for any questions which seem obvious: I want to retire next year when I am 55 and have the option to take my pension early but with an actuarial reduction. Does it make more sense to support myself with ISA savings and leave the pension to get nearer to a date when the penalty is less? I…
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MetroBank reduce interest on Fixed Rate interest!
I didn't understand why MetroBank were telling me of a rate reduction on "my account" when I only had a multi year FIXED rate bond with them. It transpires they pay the fixed rate interest accrued annually into a "feeder" account which only accrues interest at a miserly 0.1% reducing to 0.05% in August. I have never heard…
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Shareholder agreements
Hi has anyone a good template for a shareholder agreement please? Much appreciated
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dual US UK citizen refused savings account, but UK tax resident
I opened a fixed term savings account with Zopa, based on info from moneysavingexpert and good reviews. I asked for bank statements for my FBAR records. They then said that as I am a US tax resident I can't bank with them and they are closing my account. This is bafflingly incompetent and unprofessional, as they clearly do…
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How would you plan to create a 'passive income'?
Here we are in 2021. I've got a question to other readers of this forum. If you had to make a 10 year plan starting today, lets say you know you'll have £100k a year "working income" to 'set aside' somehow, what would you do with it to have the best passive income in 2031, when you retire and lose that income? I used to…
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Zopa refusing to return my money unless I supplying a copy of my bank statement
Hi I have some money invested in Zopa. Recently the website would not let me access liquid funds as my bank account details had to be "validated". I emailed the management and they said to re-enter my bank details (as though for a new account), which I did, but when the system demanded an upload of my bank statement, I…
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PRIW
Hi all, Are there any views/comments regarding the PRIW ETF? I want to take advantage of the capped costs on holding ETFs at HL, so my intention is this will replace my international/Uk equity funds. I’m tempted in by the very low ongoing fee (0.05%), but slightly nervous as this is the largest part of my portfolio so…
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Calculating Capital Gain on Halifax / Llodys Sharedealing
I have a non ISA Sharedealing account on Halifax and am trying to understand how I can calculate the capital gain for some shares I sold. Let's say I purchased 4x5=20 shares at 4 different dates/prices, and sell 15 shares on the same date. Halifax pools all shares into one transaction and doesn't provide any details which…
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Triodos savers to be moved to online-only banking - but some can challenge the shake-up
Thousands of Triodos savers will be asked to switch to managing accounts online-only going forward. The so-called "ethical" financial provider is rolling out the move over the next few years, although vulnerable customers and those who can't access services digitally should get in touch as exemptions will be considered on…
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Lose 20K on trading 212 on one trade
Sorry this is a bit long , but I really appreciate if any one could help me on this one . I went in for a short trade on trading 212 on my investment account a few days ago . Saw a huge volume go in to Clover health stock . Hoping taking a profit with the run . 1:33pm , I bought in £40k around $18.50 .Set a stop loss at…
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Landal Greenparks lodge investment
I wondered if anyone had any experience Landal Greenparks
lodge investments and what your thoughts are? I have read the old thread on Dream Lodge Group (DLG), and I
can see the comparisons, but I think there are also some key differences. So
this is the deal on the lodge I could afford: · Invest £104,950 in a lodge in a…
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Best income investment
I recently inherited a large sum and have bought a house outright. I have 300k left. What is the best way to invest it to be able to live off. I can live on 12k a year. I was thinking of buying either one or two properties to rent out. Or possibly a holiday let.
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Leasehold extionsion granted by freeholder (same person)
I am the freeholder of an old Victorian property converted
into 2 leaseholds. I also own Leasehold
A. Leasehold B changed ownership approx 6 years ago and the
new owner (B) purchased from me (the freeholder) a 99 year lease extension. As leaseholder A (and freeholder of A and B) with 59 years
left to run on the leasehold,…
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Vanguard US Equities tracking query
Hi All, Relatively new to investing, I am looking at the Vanguard U.S. Equities which apparently tracks the S&P Total Market Index. The image below shows that the Benchmark (S&P TMI) has increased only 25.25% from 1st Jun 2020 to 31st May. However, looking at the performance of S&P TMI here…
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Stamp duty on solar/wind/environmental funds?
Hi all,I've recently been buying some renewables funds and wondered why there is no stamp duty on solar funds (e.g, BSIF, NESF, FSFL) but there is on wind funds (e.g, UKW), and some mixed assets environmental funds such as JLEN are also exempt from stamp duty despite containing wind assets which would attract stamp duty by…
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Schroder UK small cap - differences in funds
I'm looking to diversify part of my pension portfolio into small caps - as it's mainly invested in the "usual" large cap global funds. I've chosen the Vanguard global small cap fund but would like some more UK exposure as the global fund is primarily US focused. I appreciate that the fund reflects the US financial…
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Economy crash =/= stock market crash?
How connected are national economies, and indeed the global economy, with the international stock markets? I've heard it said that the stock market does not reflect the economy. Additionally, wealthy people and institutions, including pensions etc, have to put their money somewhere, so this will presumably mean that stock…
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Income for my retirement withh my savings
Hi I am 70 years old and finally planning to retire. I will have approximately £400k by the time I retire, can anyone please advise where I can receive the best income to live on Many Thanks
