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Money to the Masses
United Kingdom
Registrace 21. 07. 2016
Welcome to the Money to the Masses CZcams channel.
Money to the Masses helps over 4 million people a year with information and guidance on all areas of personal finance including investing, pensions, savings, taxation, property and insurance.
Damien Fahy, founder of Money to the Masses, has 20 years of experience in the financial advice sector and founded MoneytotheMasses.com in 2010 to help consumers, who are not able to afford financial advice, through the minefield of personal finance.
Damien runs two of the most popular money/investment podcasts in the UK, he invests his own money live on the site via 80-20 Investor, a support tool which helps DIY investors run their own money and recently launched Damien's Money MOT, a tool designed to help you shape up your finances.
Money to the Masses helps over 4 million people a year with information and guidance on all areas of personal finance including investing, pensions, savings, taxation, property and insurance.
Damien Fahy, founder of Money to the Masses, has 20 years of experience in the financial advice sector and founded MoneytotheMasses.com in 2010 to help consumers, who are not able to afford financial advice, through the minefield of personal finance.
Damien runs two of the most popular money/investment podcasts in the UK, he invests his own money live on the site via 80-20 Investor, a support tool which helps DIY investors run their own money and recently launched Damien's Money MOT, a tool designed to help you shape up your finances.
Markets carry on | Damien's Investment Market Update
In this episode, I'll discuss why taking a holiday during a stock market crash can actually be a smart move for nervous investors, helping to avoid emotional decisions. I'll also revisit my 2015 research, which showed that staying in the market after a severe correction often pays off. With recent market turbulence, including the sharp decline in Japanese equities and rising fear in US tech stocks, driven by central bank policy shifts and economic concerns, it's crucial to stay informed. I'll break down the key events leading to this market pullback and what it means for investors going forward.
My name is Damien Fahy, founder of moneytothemasses.com/ and each week I discuss what is happening in investment markets so that DIY and novice investors can make sense of what is affecting their investments.
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For more information about 80-20 Investor visit moneytothemasses.com/become-an-80-20-investor
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If you are looking to get your finances in shape then check out Damien's FREE Money MOT at mot.moneytothemasses.com/
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Follow Money to the Masses on social media:
Website - moneytothemasses.com/
Facebook - moneytothemasses
Instagram - moneytothemasses
Twitter - money2themasses
#Investing #StockMarkets #Shares
#investing #moneytips #bonds #stocks #podcast #investingforbeginners
My name is Damien Fahy, founder of moneytothemasses.com/ and each week I discuss what is happening in investment markets so that DIY and novice investors can make sense of what is affecting their investments.
---------------------------------------------------------------------------
For more information about 80-20 Investor visit moneytothemasses.com/become-an-80-20-investor
---------------------------------------------------------------------------
If you are looking to get your finances in shape then check out Damien's FREE Money MOT at mot.moneytothemasses.com/
---------------------------------------------------------------------------
Follow Money to the Masses on social media:
Website - moneytothemasses.com/
Facebook - moneytothemasses
Instagram - moneytothemasses
Twitter - money2themasses
#Investing #StockMarkets #Shares
#investing #moneytips #bonds #stocks #podcast #investingforbeginners
zhlédnutí: 181
Video
Best Student Bank Accounts (UK) 2024/2025
zhlédnutí 160Před dnem
In this independent review, I look at the features you should be looking for from your student bank account and compare some of the best student bank accounts for the 2024/25 academic year. If you want to know which accounts are offering cash bonuses, interest-free overdrafts, cashback, other perks, and more, then watch this video! *All accounts and rates quoted are correct at date of filming (...
Podcast Ep 471 - Investing in physical gold, last-minute holiday T&Cs and Teacher discounts
zhlédnutí 141Před dnem
In this week's episode, Damien discusses the pros and cons of investing in physical gold, including fractional gold coins and the storage options with the Royal Mint. Damien also explains what you need to look out for in the T&Cs when booking a last-minute holiday. Finally, Andy explains how teachers can now take advantage of the discounts and rewards that are on offer via the Blue Light card C...
Interest rates latest market predictions - August 2024
zhlédnutí 551Před dnem
See our regularly updated article on the market's latest predictions -moneytothemasses.com/owning-a-home/interest-rate-forecasts/latest-interest-rate-predictions-when-will-rates-rise On 1st August 2024 the Bank of England (BOE) cut the base rate by a quarter of a percentage point to 5.00%, the first interest rate cut in over four years. In this video, I reveal the market’s latest predictions on...
Podcast Ep 469 - Apps scams & what the Bank of England rate cut means for your money & investments
zhlédnutí 255Před 21 dnem
In this week's podcast, Damien and Andy discuss the recent interest rate cut by the Bank of England and its impact on savers, borrowers, and investors. They also explore the different phases of the interest rate cycle and how it affects various sectors of the stock market. Additionally, they highlight the importance of being cautious when downloading apps, particularly counterfeit apps that can...
Podcast Ep 468 - When to review your portfolio, cost of pension advice & tip to sleep better
zhlédnutí 242Před 28 dny
In this week's podcast Damien discusses the optimal frequency for reviewing and updating an investment portfolio. Damien and Andy then discuss when to seek financial advice, particularly for pensions, including the benefits and typical costs of pension advice. Finally, Damien reveals how regularly saving money, even small amounts, can help improve sleep quality and overall well-being. Check out...
Freetrade Review Update 2024
zhlédnutí 243Před měsícem
In this independent Freetrade review update I explain what Freetrade is, its key features, as well as compare the Freetrade plans available, the pros and cons of Freetrade and Freetrade customer reviews. I also highlight the alternatives such as Trading 212, Plum, eToro and Moneybox. *All accounts and rates quoted are correct at date of filming (23rd July 2024). Check out our full review below ...
Is the Trump trade back? | Damien's Investment Market Update
zhlédnutí 118Před měsícem
In this episode, I discuss how the US election is causing volatility in investment markets and what could take shape over the coming months. Podcasts referenced in this month's show: moneytothemasses.com/news/podcast/mm-173 My name is Damien Fahy, founder of moneytothemasses.com/ and each week I discuss what is happening in investment markets so that DIY and novice investors can make sense o...
Podcast Ep 467 - Post-election finances, important money steps & when to renew car insurance
zhlédnutí 269Před měsícem
On this week's episode Damien discusses the potential impact of Labour's landslide victory on your finances, including potential changes to taxes and renters' rights. Damien also explores the benefits of making small, positive changes to your personal finances. Finally, Andy reveals the best time to renew your car insurance in order to save money. Check out this week's podcast article on the Mo...
The Best UK Mortgage Rates Revealed - Summer 2024
zhlédnutí 1,3KPřed měsícem
The Best UK Mortgage Rates Revealed - Summer 2024
Best Bank Account Switching Offers - July 2024
zhlédnutí 285Před měsícem
Best Bank Account Switching Offers - July 2024
Podcast Ep 466 - Investing in Nvidia, Debt to income ratios & funding later life care
zhlédnutí 155Před měsícem
Podcast Ep 466 - Investing in Nvidia, Debt to income ratios & funding later life care
Podcast Ep 465 - How to get on the property ladder, LayBuy turmoil & flight compensation rules
zhlédnutí 129Před měsícem
Podcast Ep 465 - How to get on the property ladder, LayBuy turmoil & flight compensation rules
Interest rates latest market predictions - Summer 2024
zhlédnutí 735Před 2 měsíci
Interest rates latest market predictions - Summer 2024
Podcast Ep 464 - Funding private healthcare, unforeseen risks & time to fix your energy?
zhlédnutí 244Před 2 měsíci
Podcast Ep 464 - Funding private healthcare, unforeseen risks & time to fix your energy?
Political shockwaves | Damien's Investment Market Update
zhlédnutí 115Před 2 měsíci
Political shockwaves | Damien's Investment Market Update
Podcast Ep 463 - Cheapest stock markets 2024, overdraft changes & car insurance must-knows
zhlédnutí 542Před 2 měsíci
Podcast Ep 463 - Cheapest stock markets 2024, overdraft changes & car insurance must-knows
What is going to happen to house prices in the UK? - Summer 2024
zhlédnutí 758Před 2 měsíci
What is going to happen to house prices in the UK? - Summer 2024
Best Savings Accounts in the UK - Summer 2024
zhlédnutí 6KPřed 2 měsíci
Best Savings Accounts in the UK - Summer 2024
Podcast Ep 462 - Phone theft advice, best performing funds & life insurance oversight
zhlédnutí 225Před 2 měsíci
Podcast Ep 462 - Phone theft advice, best performing funds & life insurance oversight
Podcast Ep 461 - Election impact on the stock market, New energy price cap & Event refunds
zhlédnutí 98Před 2 měsíci
Podcast Ep 461 - Election impact on the stock market, New energy price cap & Event refunds
Ep 461 - Election impact on the stock market, New energy price cap & Festival/Concert refunds
zhlédnutí 189Před 3 měsíci
Ep 461 - Election impact on the stock market, New energy price cap & Festival/Concert refunds
Podcast Ep 460 - Home swapping, Zero spend months & Interest rate forecasts
zhlédnutí 60Před 3 měsíci
Podcast Ep 460 - Home swapping, Zero spend months & Interest rate forecasts
Greed is back | Damien's Market Update
zhlédnutí 184Před 3 měsíci
Greed is back | Damien's Market Update
Greed is back - Damien's Market Update
zhlédnutí 132Před 3 měsíci
Greed is back - Damien's Market Update
Ep 460 - Home swapping, zero spend months & interest rate forecasts
zhlédnutí 107Před 3 měsíci
Ep 460 - Home swapping, zero spend months & interest rate forecasts
I'm in cardiff and I miss London.. I'm thinking to rent out my property and move back ..
Thanks for the easy info on gold costs
You’re welcome ❤️
Lol. Boomers.
So which one is the best?
Look at the features discussed in the video and decide which are most important to you
Excellent information - Thank you
Thanks for the feedback. I’m glad you found it useful Damien
Read our regularly updated article “The best mortgage rates in UK” - moneytothemasses.com/owning-a-home/mortgages/best-mortgage-rates-in-the-uk/amp
Do you know of any policy that doesn’t include medical for the USA? I’m looking for coverage for my 76 year old parents but the medical is prohibitively expensive. Thank you
Hi Andy, All of the travel insurance policies we look at include medical cover as standard. I think the best thing would be for you to give some insurers a call to have a chat and see if they can tailor the policy to your needs. Hopefully you can find something suitable that way. Best wishes, Damien
@@Moneytothemasses thank you for getting back to me.
Hi, would you mind making a clip about what banks are offering an accounts whether business or personal for withdrawing forex profits in UK? Unfortunately most banks in UK are reluctant to open accounts for forex traders whether business account or personal
I’ll add that to the list of future videos ❤️
The app is buggy
My spouse is not a British citizen, I’m assuming that she is still entitled to IHT free inheritance up to the ceiling values. Is this correct ?
One £ monthly fee = no
Worst bank ever😒
concisely presented and very helpful! Thank you
Thanks Jess - glad you found it helpful! 🙂
Did MoneyBox deduct any money from your LISA for account management etc???
They will deduct a management fee from an investment LISA. There is no fee deducted from a cash LISA with them. Full info here www.moneyboxapp.com/faqs/fees-and-security/fee-breakdown/cash-lifetime-isa
Would steer clear of Aviva! They charge you more if you take non advice and are very restrictive in the way you can take drawdown. They pretty much force you down taking advice and all the lovely costs that involves. Disgusting.
Hello pls I need to know the best bank switch offer for August. Thanks
Hi, We update our best bank switching offers article every month - here is the latest for August -moneytothemasses.com/saving-for-your-future/best-current-account-switch-offers-and-incentives
Dear Damien, Thank you for providing the information. I am currently looking to build my credit score to qualify for a property purchase. Despite having a salary of £27,500, my applications for M&S, Barclaycard, and Tesco Bank have been declined. Could you please provide guidance on how I can improve my credit score and increase my eligibility for credit cards? Thank you very much for your assistance. Best regards, Iman
Hi Iman, We have quite a few articles on our website, including information on how to build your credit score. I'll post links to them below. As you've been declined for a number of credit cards already, I would recommend that you use an eligibility checker because further declined applications will only exacerbate the issue. A credit card eligibility checker is a way of checking to see what credit cards you are likely to be eligible for. An online tool can show the different cards you are most likely to be accepted for, including some that you may be 'pre-approved' for, though this will still require a credit check. You will have an idea of your chances of having a successful application without having to go through the process of fully applying for the credit card. The eligibility checker will run a 'soft' search on your credit file to get information on your financial situation without leaving a mark that will show up on future checks. You can therefore use an eligibility checker as often as you like without your credit score being affected, which wouldn’t be the case if you applied for a series of different credit cards instead. I'd suggest that you take a break before applying again. Credit card providers will see the declined applications when they run the credit check and so could view it as a sign that you are desperate for credit and use that as a reason to decline. We have some articles on the Money to the Masses website that you may find helpful in relation to building your credit score and finding the right credit card for you: "How to improve your credit score quickly" - moneytothemasses.com/using-credit/credit-report-2/improve-credit-score-quickly "The best way to check your credit score for free" - moneytothemasses.com/using-credit/credit-report-2/the-best-way-to-check-your-credit-score-for-free "What is a good credit score?" -moneytothemasses.com/using-credit/credit-report-2/what-is-a-good-credit-score-and-how-to-improve-yours "Check credit card eligibility: What credit cards am I eligible for?" - moneytothemasses.com/using-credit/credit-cards/check-credit-card-eligibility-what-credit-cards-am-i-eligible-for "Credit cards for not so good credit" -moneytothemasses.com/credit-card-2/credit-cards-for-not-so-good-credit I hope you find that helpful! 😊
Tide bank worst service
moneytothemasses.com/banking/best-savings-apps-in-the-uk-how-to-save-money-using-your-smartphone
I don’t understand the point you make regarding 0.15% only above £8000 investment. If I invest £3K what would I be looking at paying per annum in charges? Thanks.
It's because there is a platform charge of 0.15% with a minimum monthly fee of £1 for each product. So it is not until you have more than £8k in a product that you are actually paying a 0.15% rather than the £1 a month minimum. £8,000 x 0.15% = £12 a year = £1 a month. If you only have £3k, then your platform fee will be £1 a month = £12 a year.
Question regarding the reviewing of portfolios, does the research take into account bid/offer spread? If you’re making changes monthly you’re likely to be stung by this a lot more if you’re constantly rebalancing/changing investments
Good question. I should have made it clearer that the research was carried out assuming you are using unit trusts (which don't have a bid/offer spread). Damien
This is precisely what I was looking for. You are very kind and very helpful. Thank you for taking the time to help us normal folks who have lost access to various small pension pots for various reasons. I appreciate it a lot. I have now send queries to the employers that are holding small amounts of money in pension, for me to then have a think about what I would like to do with it moving forward. Knowledge is everything. Thanks again.
I’m so glad that you found the video so useful. Thanks for taking the time to give feedback ❤️
how can I get highest credit card limit in UK?
To obtain the highest credit limit on a credit card, it's essential to focus on improving your credit score and understanding the factors that influence credit limits. Here are some key points to consider: 1. Understand Credit Scores • A good credit score is crucial for securing higher credit limits. The main credit reference agencies in the UK (Experian, Equifax, and TransUnion) have different scoring systems: • Experian: Scores range from 0-999. A score above 961 is considered excellent. • Equifax: Scores range from 0-1000. A score above 811 is excellent. • TransUnion: Scores range from 0-710. A score above 628 is excellent. 2. Check Your Credit Report • Regularly check your credit report with all three agencies to ensure there are no errors or outdated information that could negatively impact your score. You can access your credit report for free through services like Clear Score and Credit Karma • 3. Improve Your Credit Score • Pay Bills on Time: Ensure all your bills are paid on time to avoid negative marks on your credit report. • Reduce Existing Debt: Lower your credit card balances to improve your credit utilisation ratio. • Stay on the Electoral Roll: Being registered can positively impact your credit score -Limit New Credit Applications: Too many applications in a short period can lower your score . 4. Use Eligibility Checkers • Before applying for a credit card, use eligibility checkers to see which cards you are likely to be approved for without affecting your credit score. This can help you target cards that offer higher limits . 5. Consider Your Income and Employment Status • Lenders often consider your income and job stability when determining credit limits. A higher income can lead to a higher credit limit . 6. Choose the Right Card • Some credit cards are specifically designed for higher limits, such as premium or rewards cards. Research and compare different options to find one that suits your needs. 7. Build a Relationship with Your Lender • If you have an existing credit card, consider asking your lender for a credit limit increase after demonstrating responsible usage over time.
A company that makes money hand over fist by selling the financial data from their users now wants to charge those users for basic features....
Just discovered this channel. Definitely will subscribe!
Thanks
Where is the complete video
It is the associated video that you can click on. Alternatively copy and paste this link into your browser czcams.com/video/t5StpXPLwWI/video.htmlsi=1uov4XK3Fb0LuNdd
I have paid my pension with euro car parts. I don't receive any letter from them. As euro car parts spelt my name wrong. What can I do. Please advise me.
What if one signatory is outside the country and u want to withdraw
You will need to speak to the bank as to the best way to proceed but it is likely that they will insist on a signature if that is how the account has been set up
The barclays switch offer, how does the 800 pound thing work is it just for premier or normal account also
Hi, It's for both - you need to pay £800 into your new Barclays account by 30th August. I hope that helps 😊
Thank you, thank you for the piece urging us all to take that first step and bring 'atomic habits' to personal finance. I love how you are looking out for us listeners and actively thinking about how you can coach us into a better financial future!
I’m so glad the piece resonated with you. Thank you for reaching out. I’ll keep doing my best to look out for everyone ❤️ Damien
Hello money to the masses. I was analyzing your CZcams channel and are you struggling with subscribers and video views for monetization? I can help you grow your CZcams channel.
Hello money to the masses. I was analyzing your CZcams channel and are you struggling with subscribers and video views for monetization? I can help you grow your CZcams channel.
what about nat west? they have a savings account thats 6.14%
Because it's only up to 5000
Im actually looking to switch from my Natwest flexible saver account to try and get a bit more interest on my money, not sure if its worth trying The Co-op 7% regular saver.
@@leaf3827 I have both Natwest Digital Regular Saver and Co-Op Regular Saver accounts. Once you have £5000 in the Natwest account you can not put any more money in and it will just generate ~£300 yearly interest (as long as the rates are the same). The downside being that you can only put in £150 per month - whereas the Co-op one is only for a year then you'll have to move it to a lower interest account. So the Natwest account is better long term as somewhere to gradually save/maintain an emergency fund, but the Co-op one is better short term. edit: once you have £5000 in there, you can move the interest into a different account every so often because it's only 1.75% over £5000+
Which savings account is this on NatWest?
Is this the usual type of haul from a supermarket TGTG? The other ones I've seen have consisted of a bunch of vegetables, which as I live alone is no use to me. Now, stuff like this I could use.
It does vary. I’ve found that you have to experiment with the shops you go to and the days that you do it. For example this haul came from a co-op in an expensive London suburb. Even though I tend to get my TGTG bags from here the haul isn’t always as good. As a general rule I’ve found it best to avoid petrol stations or convenience stores as you tend to get more bread and sandwiches.
@@Moneytothemasses Thanks. I've seen a few local small convenience stores doing it, but there's also a fairly large Morrisons supermarket. Maybe I'll give them a go, Bread or sandwiches I could use. I just didn't want to be lumbered with a bag consisting solely of vegetables that I'm never going to be able to use. As a matter of fact I've had the app on my phone for ages, but never used it. I got inspired to give it a go watching a bunch of YT videos, and picked up my first bag from a local Costa this afternoon. I got an egg mayo sandwich, a tuna melt panini, a croissant and a couple of tart things. Be having some of that for my tea. 😃
What about it’s existing customers!? Hate it when companies do this
It’s not available for those that already had any open Barclays Current Account on or before 08/07/24 or have ever received a switching offer reward for switching to any Barclays Current Account
Buy now pay later is something I’ve only ever used once or twice. Do it out of necessity not because it’s simply an option. Don’t take a bigger bite than you can chew. Being able to make all ends meet while still being able to save and invest should be everyone’s ultimate goal. Not everyone wants to be rolling-in-it rich, but this is definitely a great point for any average person. Good clip.
Hi there, i'm looking into signing up with AJ Bell for my own SIPP. Do you know if there are any bitcoin ETFs that I can add to my portfolio via AJBell? thanks a lot!
I was looking for them on Trading 212 and it seems like they arenów available in the UK at the moment:(
Thanks for this video - can I ask: can I open a Cash isa and a stocks and shares isa in the same year? I can’t seem to find clarification on opening two different types of isa within the same tax year and would ideally like to open both asap! Also ideal would be to open a lifetime isa aswell. Is this possible? Thank you.
Yes it is possible. You can open up multiple cash ISAs and stocks and shares ISAs and contribute to them all in the same tax year as long as you don't pay in more than £20k in total across all of them. But... some ISA providers might not let you open up multiple ISAs with them despite the official rules making it now technically possible. You can only pay into one Lifetime ISA in each tax year and the max £4k contribution each tax year counts towards your overall £20k ISA allowance. You can theoretically hold more than one Lifetime ISA however you can also only use one Lifetime ISA (per person) to buy your first home so you would need to think about consolidating them.
@@Moneytothemassesbrilliant, thanks for the clarification 👍
I am utterly appalled by the unethical practices of EMMA. They lured me into a so-called "free trial" only to slam me with charges for a service I never wanted and never used! This company is nothing short of a scam. Their customer service? Absolutely abysmal. When I finally realised their sneaky tactics and tried to cancel, they conveniently claim they have no record of my cancellation request. How convenient for them! It's clear they care more about squeezing every last penny out of unsuspecting customers than providing any semblance of ethical service. I urge everyone to steer clear of EMMA. They will trick you into paying for something you don't need and then refuse to help when you try to rectify their deceitful behaviour. Be warned: this company cannot be trusted. EMMA's response to my complaint was dismissive and cold-hearted. They basically told me tough luck, they've got my money now and there's nothing I can do about it. What a disgrace! Save yourself the headache and money, and find a company that values honesty and customer satisfaction.
I am utterly appalled by the unethical practices of EMMA. They lured me into a so-called "free trial" only to slam me with charges for a service I never wanted and never used! This company is nothing short of a scam. Their customer service? Absolutely abysmal. When I finally realised their sneaky tactics and tried to cancel, they conveniently claim they have no record of my cancellation request. How convenient for them! It's clear they care more about squeezing every last penny out of unsuspecting customers than providing any semblance of ethical service. I urge everyone to steer clear of EMMA. They will trick you into paying for something you don't need and then refuse to help when you try to rectify their deceitful behaviour. Be warned: this company cannot be trusted. EMMA's response to my complaint was dismissive and cold-hearted. They basically told me tough luck, they've got my money now and there's nothing I can do about it. What a disgrace! Save yourself the headache and money, and find a company that values honesty and customer satisfaction.😡
I've found the best thing for me to do if I've put my back out: get in the shower; crank the heat up to as high as I can tolerate; turn the shower head to a focussed jet; blast that sore spot on the back; get my back going again with stretches/ marching on the spot. Then later spend time doing back and hamstring stretches to prevent it happening again. We all spend too much time sitting and it's terrible for our backs and flexibility
Great advice, much appreciated. I think the fact I sit so much is the issue, as you suggest. Damien ❤️
Regarding care home assisted living I’ve personally looked into care homes outside the UK particularly South East Asia,Overall I’ve found it a better quality accommodation,better climate,outside swimming pools, accompanied day trips and more average price coming in below £2000 a month, it’s probably not for family oriented individuals but this is most definitely my preference
That is really interesting. Thanks for sharing. Damien ❤️
Thanks for sharing the stupid ways in which you put your back out, Damien. It makes me feel better as the same thing happened to me. 😢
You’ve made me fell less silly ❤️
Hi Damien & Andy, thanks for the latest podcast, i look forward to listening early every Sunday with the dog! i have been listen for a few months now and still working my way through the back catalogue! BUT i have started a SIPP, activated my wife's WPP and have got the future planned (ish). I do have one question for you though that I cant find any definitive info on. My Nan recently passed and has left her house to her 3 daughters. Whole estate is worth under £350k, so i believe IHT is not an issue, however 1 sibling will be giving 1 other sibling her share, couple of queries - firstly should this just be a simply bank transfer between the sisters after the solicitor has executed the will & secondly are sibling to sibling transfers of this value (~85k) subject to their own IHT rules. Thanks in advance, love the show and will be certainly listen (and watching now) for many Sunday's to come! thanks again, Luke
Hi, thank you for your support it is much appreciated and I am so glad you have made such positive first steps in planning your future. I think you will like a piece on next week's podcast on a similar theme. As for your question, it is one you need to put to the solicitor who should be able to advise you on the legal and tax side of things (perhaps with the help of a tax specialist). Some points to bear in mind are that usually any money passed from one person to another (not between spouses) is considered a gift (and a potentially exempt transfer) from an IHT perspective. That means that if the person making the gift dies within 7 years there could potentially be an IHT liability. The other thing to check with the solicitor is the Stamp duty situation because if one person buys another person's share in a property there is usually a potential stamp duty liability. Also it is possible for a person who does not want to inherit something to redirect it to someone else via a deed of variation, which effectively means that the asset never passes to them but to a person they state. In some instances there can be advantages to doing this. So I would suggest that you speak to the solicitor and a tax accountant and explain what you are trying to achieve and they can advise you best route. Best wishes Damien
Amazing
Thanks
Any advice on trading mutli-leg synthetic option strategies? Global derivative market never sleeps - rest is for the weak!
Avoid, unless you are an experienced investor who knows what they are doing.
this was helpful, so I'm currently in colombia... won't be coming back for at least a few months, but i need a new laptop (And i mean really need), and also will be travelling in next few months, i have a perfect 999 experian credit rating, i'm aiming to get the laptop end of the week, what's your thoughts on best card? knowing there will be fees etc.
Hi, Have a look at this article that focuses on travel credit cards. moneytothemasses.com/using-credit/credit-cards/compare-the-best-travel-credit-cards-uk I can’t make a personal recommendation obviously. But the article will give you a range of options. Interestingly there are travel credit cards that do offer cashback. Such as the Barclays Rewards Credit Card. Obviously all the cards are for UK residents only.
Its really bad. Yes it works until theres an issue. Its impossible to get help because it takes months between answers in their chat. Even if you have the most expensive subsription that promise prioritized support. I had to close my connected accounts because you cant remove your cards from their system your self so they can keep billing you even if they have frozen your card because of their mistakes. Avoid curve