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interest and p.a.
If I receive £6000 per yr income, does this mean that i could theoretically receive £5000 a yr in interest, before having to pay any tax, (i.e. the £11000 income limit)? and then when i reach that limit could still get another £1000 interest for the p.a., and then finally the interest would be taxed?? I have rounded up the…
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Birmingham Midshires Faster Payment changes
I'm sure I had received a letter a week or two ago from Birmingham Midshires notifying of a change to account details for payments in but can't find it for the life of me. A search on the forums and internet in general and on BM's site shows nothing. Anyone have the details?
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QE and bonds economics
Can any kind and informed MSE member help with this question? When central banks want to increase money supply QE is an option. It is often explained follows: The central bank creates more money. It does not give the money straight to the banks. The banks hold Government bonds (as a secure and liquid alternative to holding…
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Investing in a pension & LISA?
Just a bit of curiosity again here for those who invest in both a pension & a Lifetime ISA. Do you invest in the same funds for both? Since you're likely happy with your selection in one so why not repeat it for the other?! Or do you try out something different for each (& if so then why)?
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How to buy shares on the Toronto exchange
Good evening Can anyone please tell me how it might be possible to buy shares on the Toronto stock exchange independently ie by using a platform similar to hargreaves, (they dont do it). Or would I have to use a broker? Many thanks
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Savings Tax and ISAs
Hi all, Any help or direction to credible sources of information would be greatly appreciated, if what I've described above is even possible.
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How would you invest in your late twenties?
How would you invest as someone being in your late twenties? I’m looking for long term prospects (15 years+) Say having £400 a month to use. Any advice is greatly appreciated 😀
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can opening savings account affect my credit rating?
hi :) i am currently banking with LLoyds, and i want to open a savings account. i was thing the Easy Saver, as it looks like the easiest one to transfer however much you like and you can withdraw without penalties (please correct me if i am wrong). i dont have the best credit rating as i have unpaid credit card (who i have…
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Vodafone Shares
Are Vodafone Shares worth buying now they are below £1.50 and a dividend of almost 9% any reason for the heavy price drop ?
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The Goverments New savings account.
I’m on a zero hours contract and have to wait another 6years and three months for my state pension my NHS pension is only £1,300 a year and I have been in receipt of that for a few years. I am desperately trying to save cash for my retirement but get thwarted at every turn. I can’t have a LISA because I’m too old. The new…
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Using current accounts as savings advice
Hi, Hope someone can offer advice I hold a nationwide flex direct account and a flex regular saver, but I know its not good to have everything in one pot. So I was thinking of setting up the following schedules:. 1. Think of opening a tesco bank account and putting £1250. transferring £250 from tesco to nationwide regular…
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Stock Broker unable to sell shares
Any advice as to what to do next would be much appreciated. We bought shares using a UK broker in shares that were listed on the Canadian market several years ago. 2 years ago we asked them to sell, after 2 years of being fobbed off they are basically saying they can't sell them. This is not an insignificant sum. We have…
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Aegon - Cofunds
I had 2 accounts (different IFA) with Cofunds. Aegon have migrated these accounts to their platform and are insisting that I have two different email accounts. I think this is madness - they have got their data model wrong. I do not want the complication of having to manage two email accounts. Also they are insisting on…
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Coventry Building Socierty 5 year ISA
I'm sure that the Coventry Building Socierty were offering a 5 year fixed rate ISA at 2.3% when I looked earlier this week. The highest they seem to offer now seems to be 2.1%. Does anybody know whether they have reduced their rate or that I'm just looking in the wrong place?
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Best 1 Year Return
Hi. I have around £20K that I need to put aside to pay a tax bill in 2020 (this will be the tax due on the sale of some shares). I would like that £20K to do more than just sit in my bank account for the next 15 months so wondered what my best option would be to invest this money for maximum returns but zero risk (it must…
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Savings Advice:Lump Sum, What to do?
Hi All, I’ve just remortgaged to complete building works, but work has been delayed for a few months and I don’t want the money going to waste in a current account. Should I put it in an isa and instant access savers or just savers like Marcus Saver? Thanks in advance. :)
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Savers pay £2m into new Help to Save scheme in one month - MSE News
A new savings scheme which gives up to a £1,200 bonus to people on low incomes, has attracted £2 million of deposits and 20,000 new savers in just one month, according to figures seen by MoneySavingExpert.com...Read the full story: 'Savers pay £2m into new Help to Save scheme in one month' Click reply below to discuss. If…
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Fund and broker advice please
Hi all, I’m hoping for some advice as a new investor. I’ve done lots of reading but am still stuck on a few points going forward. Some background- I’m a 44 year old teacher, homeowner with mortgage, partner but no children. I have 2 years’ ISA allowances that I would like to invest initially. 20k is in a cash ISA from last…
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Savings in GBP when moving abroad (in Europe)
Hi there, Ad Hoc reader of MSE, first time poster. I have tried to look for similar threads but haven't come across anything - apologies if I missed any. In a nutshell, looking for some insight into investment options of UK based funds when moving abroad. Background As a result of an unexpected opportunity, my wife to be…
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Absolute beginner on investing- where to start?
So I'm at that point in my life where I'm planning to get married in the next year, I'm saving up for a deposit, plan for a baby in next couple years, etc. Me and my partner each earn a couple grand above the national average wage at the moment. We have normal outgoings- food, rent, bills, small car, that's pretty much it.…