**** Official UK investors thread ****

[iSTRONG]

[ QUOTE ]

I wouldn't bother with a stock trading ISA unless you can merge several years' of ISA allowance into the one ISA wrapper. Brokers charge an annual ISA fee and then there are trading costs and stamp duty to pay.


[/ QUOTE ]

Could someone please explain what this acutally means in n00b terms?

[iSTRONG]

Another question:

I'm looking at the Fidelity MoneyBuilder UK Index Fund. It has an annual management charge of 0.1%. It has not entry or exit fees. But in the chart on the fidelity website it says that the TER is 0.3%... where does the extra 0.2% come from?

[[Phill]]

I want to invest (at least) £5k for a couple months as basically back up cash for this summer to invest into other areas (itll either be part of funds to start my own company or go into me paying a years rent up front - dont ask).

I want zero risk with gains better than just keeping it in my current account.

I havent asked my bank yet because i dont have the cash moved off the poker site to my bank so i havent had any real financial advice beyond a mate who is in a similar boat right now with investing some inheritance.

He says cash ISAs are my best bet. Anything better?

Fwiw, im willing to take a chance at a smallish loss for a slightly larger gain if there is anything that has a little risk but at the same time im not losing the whole shebang.

Any and all advice appreciated, cos im new to investing in general.

Thanks.

[iSTRONG]

Phill,

There is no point putting it into an ISA if it's only for a couple of months.

Best place is probably an e-savings account. It should give you circa 5%. Which bank do you have your current account with?

[[Phill]]

Natwest.

[john kane]

anyone discovered where is a cheap place for us UKers to trade? I'm looking to invest in funds outside of my trading ISA (as i have maxed that)

iii.co.uk and tdwaterhouse both charge around 1.5% initial and an annual fee of 1%.

the yanks get it so much cheaper, but hopefully there is/are a site(s) out there which is cheaper than the above.

[iSTRONG]

[ QUOTE ]
Natwest.

[/ QUOTE ]

This is probably your best bet.

I keep only a few £100's in my checking account at any time. Everything else that is not in an ISA/other investements should be in ur e-savings account. Transfers between your e-savings and your checking account are instantaneous and can be done via the online banking service.

[iSTRONG]

[ QUOTE ]
anyone discovered where is a cheap place for us UKers to trade? I'm looking to invest in funds outside of my trading ISA (as i have maxed that)

iii.co.uk and tdwaterhouse both charge around 1.5% initial and an annual fee of 1%.

the yanks get it so much cheaper, but hopefully there is/are a site(s) out there which is cheaper than the above.

[/ QUOTE ]

Have you looked at http://www.hoodlessbrennan.com/ ? I know they're the cheapest for stocks... Only £7 per transaction.

[philnewall]

icesave.co.uk has the highest rate for savings.

[philnewall]

Anyone know of some good UK-based alternatives for the funds in the ultimate buy and hold strategy:

http://www.fundadvice.com/articles/b...-strategy.html