Hiya all
Today I have registered wit a financial forum, but unable to post until my registration has been approved.
I'm hoping some that post/read here work, own their own property/s and have or considering again their investment ideas for 2017.
Interest rates are close to zero and one is hard pushed to get more than 1.2%
The Gov changed the way interest is claculated on saving in April 2016 I beleive so paid net as opposed to gross, 1k interest free for 20% tax payers and mum and dad are 40% tax payers they get 500 quid tax free I think, unless using the Isa route.
I have only invested in shares a few times, vis dad's brokers - made a small loss on BT and the postoffice and made up for the loses plus a small net profit when I invested on Morrisons as dad was right he said "share price is too low," then I sold at a profit but would have made a bigger profit if i had held on - timing is the ket.
Mum and dad holding off buying another rental property as they feel property prices and stock will cenrtainly crash in 2017, especially close to the trigerring of article 50 in March
Peer to peer lending gives high returns but risky from what I have read.
I have some premium Bonds and mum and dad hold the max amounts.
Me, and my parents all have Santandar current accounts for max interest as well as Barclays for their first closs premeir banksing.
What are you plans especially re stocks and property, are you buyign, selling or holding?
Thanks
Today I have registered wit a financial forum, but unable to post until my registration has been approved.
I'm hoping some that post/read here work, own their own property/s and have or considering again their investment ideas for 2017.
Interest rates are close to zero and one is hard pushed to get more than 1.2%
The Gov changed the way interest is claculated on saving in April 2016 I beleive so paid net as opposed to gross, 1k interest free for 20% tax payers and mum and dad are 40% tax payers they get 500 quid tax free I think, unless using the Isa route.
I have only invested in shares a few times, vis dad's brokers - made a small loss on BT and the postoffice and made up for the loses plus a small net profit when I invested on Morrisons as dad was right he said "share price is too low," then I sold at a profit but would have made a bigger profit if i had held on - timing is the ket.
Mum and dad holding off buying another rental property as they feel property prices and stock will cenrtainly crash in 2017, especially close to the trigerring of article 50 in March
Peer to peer lending gives high returns but risky from what I have read.
I have some premium Bonds and mum and dad hold the max amounts.
Me, and my parents all have Santandar current accounts for max interest as well as Barclays for their first closs premeir banksing.
What are you plans especially re stocks and property, are you buyign, selling or holding?
Thanks




