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Unbiased.co.uk features as a Knowledge Partner on Yahoo! Answers. The Knowledge Partner programme is a way for organisations to share their specialised knowledge and directly engage with the Yahoo! Answers community. Unbiased.co.uk’s ‘find an IFA’ search has brought a panel of specially selected IFAs together on Yahoo! Answers to help answer some of your questions on financial issues including tax, investment and savings, pensions and protection.
I am 27 and saved a decent amnt out of my salary lately, so hw shud i go about investing it?
Asked by Shashwat - 2 years ago
Cash ISA is probably the best first time savings since the interest is tax free and depending upon the account you will have immediate access to your money if you need it. You can source the best Cash ISA rates...
Best mutual fund, or way to get started in the stock market?
Asked by emily - 2 years ago
Mutual fund is another term for a collective investment such as a unit trust or OEIC. These are ideal first time investments since they offer private investors access to a diverse portfolio of shares for a relatively low...
What's the best way to invest money?
Asked by Toni - 2 years ago
The best way to invest depends upon a number of factors: how long you want to invest for; how much income you may need; and your appetite for investment risk to name three. Cash ISA is probably the best first...
I need advice about stocks? (i dont know anything about it)?
Asked by Sir Reuben - 2 years ago
You’ve sort of got it. First the 265.504 is more than likely an amount of units you have in your name. Think of them tokens to exchange. You can exchange them when you like for whatever the value of...
Is there any difference between an ISA and SIPP?
Asked by ROB D - 2 years ago
The two are not comparable other than from an investment perspective. You have a lot of scope for investment options in either. One is pension the other is investment. You need to align the £3k with what you want...
UK interest rate predictions?
Asked by Ash - 2 years ago
Interest rate will probably stay low for the short term, 12 months or so, as the economy crawls out of recession. The Bank of England need it to stay low to increase the likelihood of people borrowing, if people...
Need some advice on investing online in shares?
Asked by JKonkton73 - 2 years ago
There are various websites that provide share information and investment news, Citywire and Bloomberg to name a couple. Online stock brokers such as Hargreaves Lansdown also have this sort of information and you can deal through their online...
Best answerWhat is the most sensible thing to do with £12,000?
Asked by K - 2 years ago
I assume this is some form of windfall, inheritance or bonus and by sensible you want to invest or save this for the future. If you have any debt, consider using this money to reduce your borrowings. Decide what...
What shares to invest in?
Asked by Dave P - 2 years ago
That is the $64,000 question. Investment advice – which shares or funds to buy and sell – is expensive for a reason. Finding the next best investment is difficult and if everyone knew the answer it would...
Best answerAt what age is it right to start thinking of pension and pensions schemes if you are working?
Asked by ??nest d-_-b - 2 years ago
NOW! The earlier you start saving for retirement, the better chance of a decent pension you will have. The reason here is time - time is perhaps one of the best ingredients for great performance. Over...
Best answerWhats the best way of investing £500 for a good short term return?
Asked by Luke - 2 years ago
Cash ISA is a good start for short term investments of less than 5 years. ISAs are tax free. Shop around to obtain a good rate and watch out for lock ins and bonus accounts – don’t...
Best answerHow would you define what investment means?
Asked by Garry H - 2 years ago
I think of investment in two ways: - an investment of money into something (i.e. bank / building society savings, fixed interest stock, shres, property etc) for a particular purpose, such as income & / or growth. - an investment of...
how to understand stock market ?
Asked by srivardhan - 2 years ago
The starting point is probably to try and understand general financial planning which leads into investing and the stock market. The MoneyMadeClear programme available through the FSA website is very good and will help you with the basics. When...
which is a safe option to invest £5000 into the stock market?
Asked by Vinny pow pow pow pow pow pow - 2 years ago
There is no such thing as a safe option in the stock market. Any share you buy carries risk, the main one being they could fall in value. If you want safe, stick to cash and National Savings products...
whats the best bank to put our childs trust fund money into ?
Asked by bluethunderburst - 2 years ago
Different banks offer different products. You can check the interest rates payable using a price comparison website or Which. Disclaimer: The answers above are for guidance only and should not be acted upon without you receiving independent financial advice relevant...
Best answer17 and want to start a pension, is it a good idea/worth it?
Asked by Tomroc - 2 years ago
No I think it would be a complete waste of time. If it’s the Morrison’s scheme then they will match your contribution up to 5% and from 2016 you will have to pay a pension anyway but at...
Debt up to my eyeballs?
Asked by Peter - 2 years ago
It all depends on 3 things, 1)Your credit history 2)How disciplined you are And 3) How quickly you want to pay it off. If your credit history is really good you could approach Zopa.com and pay £86.78pm for 36mths at 10.2%....
I want to get a 1 year fixed bond. Whats the best rate out and where at the mo?
Asked by Eamon M - 2 years ago
Depends on how adventurous your feeling. The top rated 1yr bond is with First Save which is part of the First Bank of Nigeria with a 3.65% Gross (2.92%AER). It is however covered by the Financial Services Compensation Scheme...
I want to start investing in shares but i don't know where to start?
Asked by steve88 - 2 years ago
Firstly if you have only £1,000 then I would not consider shares as they are way too risky. Likewise you do not get a “steady income” from a share you may get a dividend twice a year which...
Best answerBest way to deal with inheritence in the current economic climate?
Asked by GR - 2 years ago
If you’ve definitely made your mind up that you don’t want to use it as a deposit for a property you should consider Current cash rates are very low and couple that with the likelihood of high inflation in...