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help please, im confused.com lloyds
shellnapier
Posts: 505 Forumite
Hi there. a family meber of mine has 80 thousand invested in lloyds.
Now weith this take over, does that mean its only worth 35 thousand? or is it just the accounts with hbos? Im so confused?please help?
Now weith this take over, does that mean its only worth 35 thousand? or is it just the accounts with hbos? Im so confused?please help?
"Lifes a climb - but the view up in fantastic"
Gina Shoe Challange - £150 14 days - day1 £3.01
Gina Shoe Challange - £150 14 days - day1 £3.01
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Comments
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Is this a wind up?shellnapier wrote: »Hi there. a family meber of mine has 80 thousand invested in lloyds.
Now weith this take over, does that mean its only worth 35 thousand? or is it just the accounts with hbos? Im so confused?please help?0 -
opinions4u wrote: »Is this a wind up?
no im really confused and serious y wid it be wind up"Lifes a climb - but the view up in fantastic"
Gina Shoe Challange - £150 14 days - day1 £3.010 -
When you say that have £80,000 invested in lloyds, do you mean they own £80k of LTSB shares (as thats the only way to invest in lloyds)?
Or do you mean they have placed £80k of investments through Lloyds advisers (into Scottish Widows products)?
Or do you mean they havent invested but have £80k or savings?
If it is investments placed through scottish widows then are they S&S ISAs, unit trusts, investment bonds or pensions?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
sorry they have 80 k in a savings account. sorry so what will happen, wid u sujjest taking out and and splitting 3 ways between antoher banks?"Lifes a climb - but the view up in fantastic"
Gina Shoe Challange - £150 14 days - day1 £3.010 -
shellnapier wrote: »sorry they have 80 k in a savings account. sorry so what will happen, wid u sujjest taking out and and splitting 3 ways between antoher banks?
They are protected under the 35k deposits scheme. However, this is LTSB so I wouldnt worry about it. If lloyds were short of money they wouldnt be buying. They are probably the second most financially secure bank in the UK. By the time they go under, the whole UK banking system would have collapsed and there would be no value in sterling or anything that is not tangible. A wheelbarrow full of dead leaves would have more value.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Ironically the crap posted by our US spammer, immediately above, makes more sense than most of the plethora of Lloyds / HBOS threads he's depositing it into !If you want to test the depth of the water .........don't use both feet !0
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lol - spam removed so it now looks like you are responding to my post
I have to agree though, the amount of LTSB/HBOS threads repeating the same thing is a little frustrating for the regulars.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
lol - spam removed so it now looks like you are responding to my post
I have to agree though, the amount of LTSB/HBOS threads repeating the same thing is a little frustrating for the regulars.
That along with, "is my money safe", "we are all doomed" threads, I wish people would get a grip, or at the worst, search the forums first!
Off to stuff more fivers into the loft space as insulation, best place for 'em apparently 0 -
That along with, "is my money safe", "we are all doomed" threads, I wish people would get a grip, or at the worst, search the forums first!
I suppose it makes a change from the "I want compensation" or "i've been ripped off" despite it being their own fault threads.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
hey hey hey, no need for that, was asked adive by famil member i didnt know the answer but i knew people here would. no need for arragance. i am a regualr here as welll, just cuz i dont always post loads, on here.... thank you for thoese who did help"Lifes a climb - but the view up in fantastic"
Gina Shoe Challange - £150 14 days - day1 £3.010
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