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£73k to invest
Sold my rental property and now have £73k that I need to invest. Problem is, I dont know how long I will be investing it for. I may need the money in 1 month or 12 months time. So It must be an account where I can transfer it back into my currant account. 1 months notice should be fine. I was thinking Easy Access ISA…
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Trade121 messing about with my address
Was at end of ISA transfer, about to sign, then saw they'd used an incomplete and nonsensically incorrect address, i.e. one whole line missing, after ignoring my original input. Queried the omission, but they then asked when my address became incorrect and if I'd send copy bank statement to verify. Odd, as they weren't…
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Managing down tax on savings interest
Hi all, Hoping you can help. I received a payrise in August, taking my gross pay to £43, 824. I have money in savings, which probably means I've earned about £1200 in interest, although a couple of months ago I realised I would be hit by having gone into the higher rate tax band, meaning I'm hit by the lower allowance for…
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Reviewing Investment Platforms
Hi All, I have £20k invested in Vanguard with the following fund, I'm happy with how it's been performing with a return of 63%. My investment is within an ISA wrapper and I contribute £200 per month to the pot. My question is, with the rate hikes is this the best place to maximise my returns? LifeStrategy® 100% Equity Fund…
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Making Quicker Decisions
Hi everyone, I find that i am very slow at making decisions, in terms of managing my money. I found various stocks in 2024 i wanted to invest in after doing some research. I feel i am needing confirmation from others that a stock or investment would be good, rather than making decisions myself. If i had the courage to…
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Godaddy Stock
Hi everyone, I was looking at Godaddy Inc (NYSE: GDDY) and it has had some excellent returns of around 205%. The growth in the share price started around November 2023 and it has done excellent. What was the main factors that caused this rapid growth in the share price starting in November 2023 please? I am 58 and i am…
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Requesting non redacted bank statements?
Hi. Is this a usual (and maybe recent) practice? I have tried to open couple of online 'bank' fixed rate saver accounts (specifically Raisin UK and VidaSavings) recently and both of them are now requesting that I upload non redacted bank statements to 'prove I own the account' and for 'proof of address' This has never…
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Housing Market
Hi everyone, Persimmon stock (LON: PSN), the British housebuilding company, with the current market focus being in the UK on cutting interest rates. This should hopefully bring the cost of mortgages down and hopefully house sales will increase. After doing alot of research on the company’s growth plans, is it likely this…
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Coventry BS - Login authentication not working.
After entering username and password, the system tries to send a passcode for 2FA.At this point I get an error message: "Page Not Available. We're sorry we haven't been able to load this page."I use Firefox on a Win 10 PC.I have tried three times now. Anyone else seeing this?
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SIPP and Carers Allowance
Just a question, as I am pondering this. So the situation is, my wife (age 55) is not retired yet but receives carers allowance for our adult son, she will get a state pension from the child benefit years and us buying National Insurance contributions for a number of years. She has not worked in the UK. I know with a SIPP…
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Euro currency inestment
Hi, I wonder if anyone got some advice. I have some Euros (2000) saved on my Barclays currency account that pays no interest.Changing that to Pounds would be a big loss, as the exchange rate is really bad. What can I do with it to get some sort of interest ? I am obviuouly based in the UK. Any advice will be gratly…
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The £3000 annual gift limit
My mum wants to gift both of my kids £5000 now, instead of leaving this to them in her will. She keeps getting stuck on the £3000 annual tax-free limit, as everything she reads states this limit for gifts. She probably won't live another 7 years as she is now in her mid nineties. Her total estate is probably worth around…
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Advice plz ... pensioner
Hello I'm new here and a bit dumb when it comes to finance. I'm a very fit and healthy 80 year old single male with an annual pension of £10,500 I put £20,000 into an ISO last year and will do the same this year. I now have another £20,000 to invest. At this moment I'm not looking for extra monthly income. All replies…
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All the House I can afford?
What would you do? Later this year I will be moving to a different area with the family. At first I had noticed that with a mortgage of say 150k we can afford very sizeable houses. This would leave us with around 3k to spare monthly after bills to invest. However, should we go for a modest 4 bed but still nice enough, we…
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Vanquis 90 Day
Noticed yesterday that my Vanquis 90 Day Issue 2 account had an increase in interest rate (monthly) to 5.37%. It had been reduced to 4.89% in last couple of months. Apparently the increase took place on the 5th Feb. Does anyone know a reason for this? Seems strange.
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US stocks investing advice please
Hi, I've never invested in the US before, but there is a company I'm interested in. How complicated is investing in the US? I'm with Hargreaves Lansdown and I'm aware of the W-8BEN form. The company is listed on NASDAQ, and whilst I'm certainly interested in investing, I just wondered if anyone could offer advice as to how…
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Child trust fund final amount query
Hi, can anyone advise me on the following , First child received over 800.00 when she turned 18 two years ago when we invested her 250.00 with santander. 2nd child we put her 250 with Britainnia who got taken over by cooperative, and she Is about to receive 367.00 Why isn't it roughly the same amount as santander. Should…
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Approach to Savings as Market Changes
I was thinking this morning how my approach to savings has altered in what is an environment where interest rates are now aimed on a downwards trend, compared to my approach when the opposite was the case. Up to about 12 months ago, I was very keen to lock in to fixed rate deals, keeping about 70% of my non-ISA savings…
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Should I engage a Financial Advisor?
I am a complete novice at investing. In 2019 I received a legacy of about £400,000 which I invested on advice from my own bank, Santander. Since the start of this year the value of my investments has been dropping and is now less than I put in. I accept that this is probably happening to most people, but I do wonder…
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Octopus Preference shares
Octopus have just launched a "preference share" issue for two windmills paying 6% interest on a closed market that will repay the shares after 3 years (if all goes well!). Each windmill is set up as a separate limited company. It appears to be windmills they already own, so in a way it seems like a general funding…
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Most recent: ISA and savings help please by fuzzzzy
26 October at 11:52PM
