The trading of precious metals, such as gold and silver, have been a point of great debate for many years. This was greatly fuelled by the performance of the gold price throughout the early 2000s.
Ian asks: “I have zero knowledge about investing, but I’m interested in oil stocks. Any idea where to start, and any specific company to invest in?”
Whilst critics would argue that not enough changes have been made since the 2008 global economic crisis, one big change was the increase in popularity of Guarantor Loans.
The taxman, and many other parties, want to take money from the property in your estate. Today, we look at ways to stop them!
Heather asks: “I currently pay my Dad £120 towards the household expenses, as does my brother. My partner is due to move in, should he also pay my Dad?”
As the debate over leaving the EU rages on, we take a look at the pros and cons of the Brexit on the UK economy.
The world’s largest and most liquid capital market is the currency market. Forex market transactions generate a worldwide flow of more than $5 trillion per day.
Tamzin asks: “I’ve been left some money by my late Grandfather and I’m trying to work out whether I should pay down my student loan. What do you think?”
Frances asks: “I bought in 2001 for £137k as my only residence and its now valued at £400k, implying the CGT will be astronomical. How much CGT will I pay?”
Sally is struggling to save up for her first home and get a mortgage. But is Sally alone? And what can Sally do to get a mortgage? #GetSallyHome
Improvements in technology are continually reducing motoring costs and innovation is bringing down the price of driving.
Jim asks: “I’ve got into the habit of paying for things with my credit cards, and need some advice on paying down the debt that I’ve built up.”
So, Moneystepper, what’s the best thing to invest my money in? Being the host of a personal finance podcast, it’s inevitable that I’d receive this question. The funny thing is just how difficult it is to answer that question. However, today, I’m going to try to put one piece of the puzzle in place for…
Harry asks: “I have had a Santander 123 credit card for about a year. How negatively it will affect my credit score by cancelling?”
Sandy asks: “How should I inform if I’m getting a lodger. Will my insurance premium go up? Could my mortgage provider forbid me?”
Osborne hailed the 2016 budget as “a budget for the next generation”. Has he shortened that from the longer “a budget for the next generation to pay for”?
Siv asks: “I plan to invest monthly £1000 in an S&P 500 ETF. Should I use S&S ISA or SIPP? Which platform or broker should I invest in?”
Although the markets aren’t helping out too much, it seems that the Moneystepper Savings Challenge participants are finding their feet nicely!
Lynda asks: “Would be any tax to pay if we sold a buy-to-let property and invested money into another property?”
Sarah asks: “I have 3 properties that are rented out, and am selling 2. Can I use the PPR and letting relief on all of them?”
The most common, yet erroneous, assumption relating to personal loans is that they’re a mark of financial failure, but this isn’t necessarily the case.