The Isa is a fantastic saving and investing invention. It wraps around your savings and investments, protecting them from tax on interest, profits and dividends, and is a wonderful way to build long-term wealth. To my mind, outside of the money you stash away for your pension, saving or investing into an Isa is a … Read more
More than 700 holders of investing Isas that rank at more than a million pounds have one clear thing in common – a hefty weighting towards investment trusts, according to a leading Isa platform. Interactive investors has revealed that among the 731 pots of a million pounds or more that are held with it, closed-ended … Read more
Why do a fifth of savers quit investing? Wild markets, financial losses and jargon blamed by those who give up Some 55% of savers are not confident about understanding jargon Market volatility and underperforming investments deter savers A third of people have tried investing and stuck with it Making mistakes is inevitable, but you can … Read more
After the recent GameStop-fuelled market frenzy there will be more than a few investors nursing paper losses this week. The Reddit-fuelled surge that saw GameStop’s price rocket, as small traders battled short sellers, was not just a US phenomenon – the UK’s major investing platforms and apps also reported a rush to buy. Some who … Read more
My wife’s grandmother has a spare £100,000 that she wants to earn some income from to supplement her state pension. She has no private pension and is fed up with terrible savings rates. She does have more cash savings that will be kept separate, but she wants to get this money working harder, earning at least 3-to-5 … Read more
What do you do about bitcoin? Nothing, has been the default stance of most institutional and private investors – until recently. The growing interest of adventurous individuals – both lucky and unlucky – has been well documented over the last few years. More significant is the increasing interest from institutional investors. The most striking example … Read more
As 2020 proved, anything can happen, in the investment world and beyond. With the pandemic still sadly going strong, markets could be just as volatile and full of surprises – good and bad – this year too. Fund ratings agency FundCalibre has identified 12 funds to watch in 2021. They include funds which shot the … Read more
As 2020 proved, anything can happen, in the investment world and beyond. With the pandemic still sadly going strong, markets could be just as volatile and full of surprises – good and bad – this year too. Fund ratings agency FundCalibre has identified 12 funds to watch in 2021. They include funds which shot the … Read more
MR MONEY MAKER: Being a Boxing Day sloth and leaving investments alone can make for long-term wealth, says Justin Urquhart Stewart By Justin Urquhart Stewart For The Daily Mail Published: 10:18 GMT, 26 December 2020 | Updated: 10:18 GMT, 26 December 2020 Boxing Day used to be the day for long walks, for some, watching … Read more
Over the weekend millions will push a laden trolley along the Covid-compliant one-way system of a supermarket, stocking up for Christmas and against possible Brexit shortages. Determined to celebrate despite the odds, the British are forecast to spend £12billion in supermarkets this month, £1.5billion more than last year, says retail consultancy Kantar. A record amount … Read more