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Advice for son just starting out
Hello, I am looking for some help with how best to advise my son regarding money. He’s 22 and lives at home, bringing home around £2100 per month. He has a student loan and runs a car which is paid for. I’d like to help advise how best to save money and make it work for him, hopefully to install some good habits for the…
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How to compare portfolio performance?
Is there a relatively easy way to compare the performances of several portfolios? My colleague at work has put roughly the same amount into his pension as I have, but his has quadrupled and mine has only almost doubled*. He's convinced that it's because he has 25% of his portfolio in AV MyM Blackrock Aq Connect US equity…
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Calculating gain on a General Investment Account
I am thinking of opening a General Investment Account and know that I could withdraw £3k annually without paying capital gains tax but I am not clear on how to calculate the gain as I have never bought stocks and shares before. If I invest it £20k in a lump sum and it grows to £24k, I can see that the gain is £4k, so I…
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Capital Gains on Company Shares
Hi, I recently sold company shares which have matured after purchase in 2020. The shares have a capital gain of approximately £6,200 and i was hoping that, as my wife contributed to the purchase with me, we could utilise both of our CGT allowance for this tax year. I have however been told that because the shares are only…
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What time of day are Interactive Investor 'same day/urgent' withdrawals credited to bank?
Does anyone have experience of what time of day Interactive Investor same day/urgent cash withdrawals are credited to banks (Nationwide, if that affects the answer)? I am talking about the pre-2pm/£15 service out of a Trading account. The only answer ii could give me over the phone was "by midnight". Thanks.
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Savingshub/Monedacapital
Hi Savers. While trying to find a decent interest rate now that they have been cut by the bank of England I came across Savings Hub which I signed up to but instead of being taken to a webpage with options, I was telephoned by an agent later the same day and then emailed a link where one of their accounts offered 4.75%…
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Melton Mowbray Building Society
Kept on getting phone calls from a 0800 number over the last few weeks so googled it and lots of people saying it's a scam from someone pretending they are Santander so didn't answer. I called the number on the back of my debit card instead and they just wanted to update my email address and promised I should not be…
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Investing in -iShares core UK Gilts ETF- is this a good investment?
Hi, I am seeing the IGLT chart and think: WOW that looks like a longterm opportunity. It is ca 50% away from the high and pays dividends too. I don't 100% understand bonds that good. Am i falling foul? Our situation is that we are selling now our flat in London. We would then sit with 600k in cash which 200k are locked in…
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Capital Gains Tax on National Grid Rights issue
I sold my nil-paid rights in NG last year. Can anyone tell me how I establish the base cost for the rights? Thanks for any help!
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Help with maximising my savings
Hello. Im looking to save a deposit for a shared ownership home. Ive given myself a 2 year target and a aim of £8k its going to be tight for multiple reasons so i need to try and maximise my savings. Sadly i cant have a lisa and im now just list in a sea of savings accounts currently putting £50 in a help to save account…
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Opening first SIPP
Very new and to all this and have been trying to learn... I want to take advantage of the govt tax relief on pensions... Thinking of opening a SIPP and depositing £2880 as a lump sum. In terms of an investment strategy, I was thinking of putting 100% into Fidelity Index World Acc. Using Fidelity as the platform... Somebody…
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Maths Q on how many shares to sell.
I wonder if anyone can help me out with a 'formula' please .Not being blessed at all with a mathematical mind, I'm floundering with trying to work out how many SMT shares to sell without going over the yrs CGT allowance. Basically I made a 5k purchase in each of 2014, 2016 ,2019 at an average price of 737.65 per share for…
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Property Investment Question ETF REIT Investing
Hi All! I want to invest into the property market, in a specific area in the UK, as I know it very well and the property prices in that specific area. Problem I am having, is beyond purchasing a physical property there, if I want to invest via a platform, either an ETF or REIT, it seems to be a general UK offering, rather…
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Inheritence money
We are due to get this as the house is sold the solicitor asked for bank details by post and a statement but it says it could take months is this right given the house sale is tied up and money in there bank? It’s a 4 way split so I know everybody has to send there form back but could it take months and they try and drag…
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Where would you put £30k, aside from regular savings/ISA?
is there any other more lucrative options, besides regular savings account/fix accounts/ISA but saying that I don’t want anything extremely risky like investing in the stock market but are there any other options? if you had 20k to invest/ where would you put it? i’ve always just used a one or two year fixed savings…
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Help needed! £60k in savings and don't know what to do!
Hi all Sorry for the stupid post but I really could do with some help. I have just sold my house and have £60k equity saved off it. I do not need this money only to build upon it for buying our house together. I don't need to withdraw ever off it for the longest period being 12 months and the shortest being 9-10 or 11…
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How to get statement for a closed Nationwide saving account
Hi, I had a regular saving account with Nationwide that matured couple of months ago. How do I get a statement for it (pdf file is fine)? I can't seem to find it anywhere (the account was set up as paperless so never received statements in post). Thanks!
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Premium Bonds Article Discussion Area
This thread is to discuss the Premium Bonds: Are they worth it? article Also see the Premium Bond Probability Calculator to discuss the calculator specifically see the Premium Bond Calculator Discussion. To take part, click reply.
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Investing in US Market Shares Berkshire Hathaway
I am thinking of making an investment of initially about £10K in Berkshire Hathaway class B shares in a Trading 212 Investment account (GIA). Part of the motivation for this is to be able to use/control my capital gains tax allowance whilst I have more money than I can get into ISAS but I don't want to keep all of it in…
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Cahoot Certificate of Interest
Do Cahoot issue certificates of interest? I can only find the account summary document which details everything but doesn't totalise the interest received. Am I too early in looking or do you need to request one.
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
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