-
60 with 60k and what to do...?
"enjoy it""Spend it all" Ok, now we've got those two & similars out of the way.... My mother is 60 this year with about 60k-80k cash, so we'll go with the lower of 60k for the question & she's just wondering how best to manage it at her age as right now it's all in easy access cash form - as in current accounts / lowly…
-
Ns&i Green Bonds
Now the interest rate has been doubled I’m very interested in investing in these bonds I’ve never really funded an account like this online before how do you put money in? Are you able to make payments into it with debit card payments, like you can when buying premium bonds? also, once you’ve opened the account - is there…
-
Simplifying Pensions and ISAs before leaving UK
My wife and I (both 57 and retired) are hoping to make a
permanent move to Portugal later this year so I've been trying to figure out
what to do with some of our investments. I think I've come up with a plan but
would be grateful for some feedback from the MSE forum members. We have c.£300k in S&S Isa's between LEBC and HL…
-
Buy to let investment in tower block apartment with cladding will it be easier to sell with the new
Micheal Gove's amendments announced today should make it much safer to buy legislation will be law by June/July capping total costs for those trying to sell and buy
-
Tax Relief
hi need some help on tax relief.. i am doing two jobs both in higher rate therefore on one of the jobs i get 1257 tax code and D0 tax code on the other.. as PAYE what can i claim tax relief on .. please advise mileage work from home professional training (can i include my personal time to read and training ..how does it…
-
Leverage Investments
lev-er-ar-je. Noun. Just wondering what group opinion on leverage is? Not your run of the mill "I've got a mortgage and a pension" but leveraged funds or unsecured loans taken purely to invest with for example. For those who like playing with fire, how have you leveraged up in the past? Was it successful? Would you do it…
-
Child Savings Help
Hi, my son is 2 at the end of March and we have money for him which we'd like to put in to a savings account. He has aproximately £3k in a savings account from us, which we deposit £100 per month for him, then he has other amounts totalling £1k in my savings account. Looking around, the saving rates are poor (as expected)…
-
When To Sell
Hello everyone, hope you are doing well and enjoying your week. Lots of rain here. I have had a good run with an investment Seagate Technology which manufactures hard drives i have held this for 18 months. I have a rule that i sell investments that are down 30% for the cost price. However does anyone kindly know when the…
-
Grandchildren saving
Is there a way of opening a saving account for grandchildren without them or their parents knowing about it. Other than that what type of account would lock the money until they are a certain age ?
-
help my child with student fees vs putting the money aside for their first deposit
Hello, I am interested in your views on what works best financially in our case. We have saved about £10k which with be £15k by the time our first son will start university. We would like this money to go to them in one form or another but not sure what's more viable - paying for part of their student fees or take a loan…
-
Basic investment / savings advice
Hi, My wife and I are early 40’s, we have decent pensions and will pay off our mortgage in the next 5 years. We haven’t really got much in the way of savings as we’ve put everything into our house the past few years. I’m after some advice of where to start with savings and investments. We should be able to put £2-3k away…
-
Pension Advisor Fees
Hi all, I'm hoping you might be able to help. I have a pension with Royal London (governed portfolio 7) which was set up by a friend of mine who is a financial advisor. There are 'advisor charges' of 0.5% on the pension, which initially didn't cost much (when there was no money in the pot!), but now after a few years (and…
-
Burning hole in my pockets
Is there ever an argument to pay off the mortgage with a big lump sum? We have a sum of around £130k which was an inheritance and we were going to use for an extension but have decided against it as we only see ourselves staying here 5 - 10yrs. My pension needs some attention so the first thing I will do is put in my max…
-
I have been rejected to open 5 savings accounts 1 year fixed rate - never happened before
Hi there, I opened a Raisin account that was fine. I transfered all the my saving to Raisin then through Raisin I applied for 3 saving accounts. Ahli United bank, Charter Savings and Brown Shipley all unsuccessfull. Now I am waiting on Tandem and Habib bank Zurich, which is not normal since savings accounts are open…
-
digital or physical gold
in short i went bankrupt 2007 and built my wealth from then i now have a isa with 23k and an account with 12k and a few envelopes around the home. my 23k isa is giving a return of around 0,20% (£50 a yr) so looking at a better investment at 46 i hope to invest a lot into gold and run the risks but wonder if it's worth…
-
SMT Sell now to utilise CGT or wait?
My original plan was this year, to further reduce my c13yr grandchilds SMT fund ,atm in a GA (and buy global tracker ISA (or maybe something less racy) with money ) utilizing this years cgt allowance .(aiming to have everything in ISA form in short a time as poss to transfer to Fidelity ) -- Folk say dont sell and realize…
-
NS&I Index Linked (Again)
I have 5, maybe 6 full fat NS&I index linked accounts dating back to around 10 years. Mix of 3 and 5yr. Looking at what I have received from them in the last 12 months (5-7%) depending on which ones are CPI and RPI and the potential inflation issue the world is facing, I'm quite glad and will be keeping hold of them. One…
-
Potential lost shares
I was speaking to my dad a few weeks ago about my Coca Cola sipp shares, he then mentioned that he was given 10 shares of Coca Cola when his company got taken over in the 1980s. He cannot remember anything about what he did with them and to be fair being around 20 years old at the time, he didn’t have a clue what they…
-
Investment and my bank
Hi I was pushed to ISA investment by my new bank manager, I won't name banks. He kept pestering with calls and emails, eventually I agreed. He told me it's a medium term investment 3-5 years. After 1 months, it was down by 1.3%, after 3 months, my investment is down nearly 4%. I emailed the manager after one month, his…
-
Ethical investing platforms
hi, does anyone have any experience of using these ethical companies? https://clim8invest.com/ https://circa5000.com/ https://www.bigexchange.com/ https://sugi.earth/ https://www.ethex.org.uk/ https://www.abundanceinvestment.com/ Thankyou
