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"The Save £12k in 2024" challenge
This is the new Challenge thread for savers in 2024. The challenge starts on 1 January 2024 and finishes on 31 December 2024. Please report monthly and I will record totals on a spreadsheet. Link below. https://docs.google.com/spreadsheets/d/1-frtVz3nhAXAKlcjM5zqNyiLfSopVsc_tPK9Y_r7jPM/edit?usp=sharing You can save £12k or…
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The Savings & Investments Sticky
FCA Unauthorised Firms and Individuals List The Top Instant Access Savings Discussion Area How much can you save? Share Dealing Discussion Area Regular Savings Accounts: The Best Currently Available List! Top Child Trust Funds Article Discussion Area >
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Bitcoin for beginners
I feel like I am late to the bitcoin party. Whenever I look at forum discussions and articles about bitcoin, a certain basic knowledge seems to be assumed. It is like unravelling a ball of wool and never coming to the beginning. Or unravelling a ball of wool only to find that what I want to know is in another ball entirely…
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VOTE now! Proposed take over of Virgin Money - Nationwide members should be given a vote
I'm really unhappy about Nationwide management running roughshod over their members (we the customers own the building society as it's a mutual), trying to push through a deal to buy Virgin Money. My quick take: * Nationwide management have proposed a takeover of Virgin Money * Terms of the deal have been agreed, but it is…
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x-o abandoning SIPP customers?
Currently, I have a SIPP held with x-o, part of Jarvis. x-o hold the shares while another company, Embark Pensions, manage the pension legal aspects. I received a letter today from Jarvis saying that they are withdrawing from the SIPP market and that I have to move my account elsewhere. I guess they have found SIPPs not to…
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Your thoughts and advice on my financial situation
Good evening all, I’d appreciate your thoughts if I may, as I am approaching a sort of cross roads, I enjoy this forum there are so many wise heads with good advice. As much detail as I can as I appreciate it’s helpful. I recently turned 40, I have a modest income of circa £29k, am single with no kids. Currently pension…
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Should I be expecting more from my investments
Hi, I have an EQ ISA (Positive Impact Cautious Plus) and have about £45k in it. I have had the account since Dec 20 and pay in £500 per month. On top of that, I have paid in two lump sums of £10,000ish in mid-2021 and mid-2022. Overall my profit is sat at negative £500, ie I've made a loss over that period. I was expecting…
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How to cash a cheque made out in Thai baht
I have sold a property in Thailand. It appears due to money laundering issues all transactions must be paid by cheque in baht. However, I don't have a Thai bank account and as a UK national don't seem to be eligible to have one.There must be a way to resolve this . Ideas?
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Regular Savings Accounts: The Best Currently Available List!
1. Introduction Welcome to this thread. I continually edit the first few posts of this thread to keep it up-to-date. This thread is meant to complement Martin Lewis' article which you can read here: Regular Savings Accounts and the accompanying discussion thread Regularly Beat the Best Savings Account Rates Discussion Area…
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Cashing a foreign cheque in the UK
I have a cheque in Thai Baht I need to cash. I have confirmed I can cash it with my bank, but it will take 6-8 weeks to clear and they can't confirm the rate as it will be set on the clearing date. I'm pretty sure it wont be the best rate out there either. Any idea of other options to safely cash a GBP five figure foreign…
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The Top Easy Access Savings Discussion Area
This thread is specifically to discuss the Easy Access Savings article Which includes the new free Savings Calculator tool. To discuss or ask a question about this article: click reply
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Saving for children
Good morning I have 2 very small children and would like to set up savings accounts for them. I've looked at JISAs and I think I can open 2 and put half the allowance into each every year however that doesnt appear to be the most efficient way to save for them. Im considering a high interest monthly saver but would I have…
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For those worried about concentration in indexes
I assumed the US indexes were maybe toppy and maybe risky for a tech fall because of concentration and lack of diversification but this surprised me: https://www.trustnet.com/news/13412104/the-uk-market-is-more-concentrated-than-the-us
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Crypto Currency ??
I understand what crypto currency is - its a "virtual" currency But I can't understand how people can make a fortune / loss investing in it and what is the equivalent in £'s or $'s to "mining" ? is it "printing your own currency ? Could someone explain to me in simple terms ?
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Data Breach
Hello, I’m hoping that someone may be able to help me. I’ve just received a letter from the network platform that my financial advisor is with outlining that a data breach occurred in May 2023. They have only just made me aware that my personal data has been affected and that “….there is a risk that data may be used by…
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Where to start with stock market tracker funds?
Hello there. i would like to research and identify a suitable stock market tracker fund into which I can invest £100 a month. I am looking for something with minimal fees that requires just an annual review - so something that fits the definition of a ‘passive investment’. My intention is to have something that tracks the…
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Glow communications PLC / tracing old shares
I have recently come across a share certificate for Glow communications from 2000 , and all I know is that the company has been wound up. Does this mean that the certificate and shares are subsequently worthless and this will be a “lost” investment
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Savings interest rate help please!
Hi, so I opened a children's savings account which had an interest rate of 5.50% for 12 months, interest paid on maturity of the account. It has just matured and I can't figure out if I'm going wrong somewhere (maths isn't my strong point!) There was £770 after 12 months and they've paid £22 interest? Tried a calculator…
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yougov.finance bribe
It's one of these almost-too-good-to-be-true stories, but it is true. First mentioned by @Bridlington1 in the Natwest Regular Saver thread, but I reckon this deserves its own thread as it could be of interest to those who have at least 10 current, credit card and savings accounts and not everyone reads the Natwest RS…
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Trading 212 Mastercard - £0 Limit on ATM, Transactions and Money Transfers
My card has arrived, I have made deposits using VERIFIED deposit methods, I have a credit balance but I am still unable to make any transactions or ATM withdrawals with the card because my card limits are all zero. All Trading 212 can suggest is that I verify all my deposit methods but I've already done that! Any ideas,…
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BITCOIN
Is investing in Bitcoin really worth it or is it all just a scam ?
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Top Easy Access acs Ranked: Top of The Pots - **No Chat**
I've had a few suggestions/requests to start a separate 'No Chat' thread, as the ToTP list gets drowned in 'chat' in the 'Top EA discussion' thread. The aim is to maintain an easy-to-find ranked list of the c.Top 10 available to open & manage online Easy Access accounts, with links. The purpose of this thread is to ONLY…
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.