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Preparing for an economic collapse
Hi I realise this will probably seem a stupid question to some of you. Howevwr I am just after a bit of advice please. I havw seen on a lot of website that people are expecting an economic crash within the next few years. I have About £23000 in savings which is the deposit for a mortgage. I was wondering whether I would be…
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where the best place for my savings?
Hi, I'm saving towards a house deposit, and have about £7500 saved so far and wondered if anyone had any advice about the best place to save it. I have the following accounts: First Direct current account and i've just opened a regular saver. Nationwide FlexDirect which is approaching its 12 month limit I've owned a house…
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Daughters bank account empty
Hi, My daughter is 13, when she was around 5months old my husband set up a save4it account with Halifax. He was the trustee on the account. I have recently discovered he has cleared out the account, over £3500 gone. The bank and the police say there is nothing that can be done as he is the Trustee on the account. I was…
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Vanguard - Reinvesting Dividends
In my GIA with Vanguard I'm trying to change settings so any dividends are reinvested automatically. However the only options I have are.... - Leave as cash in my investments account - Pay to my bank account. Is there no option with Vanguard to automatically reinvest ? Thanks
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Shares + ISA investment company
I have shares currently with IIInvestor (shares and shares ISA) however they charge a pretty hefty management fee which doesn't appeal as my portfolio is now built and running... Originally I was with Hoodless Brennam who only charged a trading fee however they and subsequent companies keep selling out and hiking up their…
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Money&Co Innovative Isa
Nicola Horlick always strikes me as being on the ball. What do people think about investing in the above.The lending is secured and the estimated interest sounds attractive. I don't seem to be able to find out how to withdraw your investment if needed ??
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Dcr mini bond scam
Has anyone else been involved in Diamond Construction and renewables or Heron Global Partners? We are trying to contact anyone who may have invested in the £3million mini bond offered by Diamond Construction and Renewables Ltd, run by [Removed]. Sadly [Removed] have so far failed to implement the promises they made to…
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Exercising a Company Share Option Query
I am in the process of leaving my current employer but I have a share option with them and I have 556 shares vested. I am allowed to purchase these shares at $2 a share, this is below the projected market value for the projected IPO. Now my company have only given me the price for the shares and not how much tax I need to…
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Daily interest
When you make a withdrawal, do you earn interest on the day of withdrawal, or just on the amount in the account at, say, close of business on that day? Just wondered.
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Advice on my strategy
Afternoon all, So I'm currently trying to overhaul my finances and start automating what I can to make life easier/ensure every penny is accounted for etc. I'd really appreciate some advice if possible so let me give you some context: Saving for a house deposit using a LISA(could buy at any point within the next 1-5 years)…
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Trustnet account update email
Anyone else got one? I just want to make sure it's legit.
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Is my Portfolio too high risk?
Hello All, First post, so please be gentle! A bit context to enable you to offer an opinion; Age: 38 Home: Valued at approx £820k with a £166k mortgage on just under 2%. I will look to pay this down to under £100k this year and would like to be mortgage free within 10 years. Home Life: My income only (wife doesn't work)…
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Notice of coding re dividend income.
The last two years I have arranged my unbundled trusts to have a dividend income of just below 5k. Just got a coding for 18/19 with an estimate of dividend tax of £665. If you stayed below the upper rate of tax, a 7.5% rate of dividend tax would require dividends of 11k minus the new 2K allowance band to get to around £665…
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Invest my heredity on house renting?
Sooner I might have to get my heredity, which could be something around 1 or 1.5 milion pound, being young I really don't know what would be the best option, and I don't feel good spending the money throughout my life like this without doing anything with it. So I thought to buy 1 or 2 apartment or house and tend them,…
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Wesleyan
Wondering if anyone has anything further to say about Wesleyan Bank since someone else posed the question last December. I'm considering their one-year fixed rate account. There are no consumer reviews about them when you Google, so I think they're pretty obscure.
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Payments into Skipton cash LISA
I may be stupid here (usually am), but can I pay money in more than once a month. I couldn't with my H2B ISA and am clearly not seeing it on my paperwork. Don't want to mess up my pre tax year transfer. Than you
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Lifetime ISA - inflation or confusion
A quick question, if one was to open a Lifetime ISA with a provider that provides 0% interest and doesn't care to invest the money so ultimately just putting the £4000 into some sort of dormant account in order to claim the bonus, are they effectively beating inflation anyway because of the 20% bonus? I'm not really…
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Obsessed
I have been saving hard for the past two years and managed to fill up my S&S ISA's for 2016/17 and 2017/18, buy a house with my partner, develop an emergency fund as well as maximising contributions at work for pension / share save schemes etc. I now find myself only wanting to save money and not spending any on myself or…
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Help me explain why this is a bad idea
I know someone who is planning to bury a reasonable sum of money. The idea being that this will form part of their inheritance for their kids, but will be secret so is not subject to inheritance tax. I think this is a pretty bad idea and am trying to put together a list of reasons why. So far I've got: - Someone else could…
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Corporate Bond online gross redemption yield calc
[FONT=Verdana, sans-serif]Is there such a thing as an online calculator which will give me the accurate gross redemption yield of a specific bond I might want to buy or sell including the accrued interest to today's date that you will pay or receive? [/FONT] [FONT=Verdana, sans-serif]For example say I hold and want to sell…