Stocks n Shares ISA

[Darlo1973]

Been a rough few days for the ole portfolio.

Combination of wobbles over the AI bubble bursting and uncertainty in the UK over next week's Budget.

Hoping for a traditional Santa rally but it's still been a decent year overall.

 

[Ned Land]

Happy Barclays staff share save day for those that know. Siting at a tasty £11k to cash out on Monday

BANKER SCUM

 

[sedling]

Doing better than Bitcoin

Bitcoin Price Movement​

• Rebounded 2.2% on Monday to about $88,700.
• Despite the rise, bitcoin remains down ~30% from its early-October high.

UBS Economist’s Assessment​

• Paul Donovan (UBS Global Wealth Management) argued that bitcoin’s recent volatility would amount to hyperinflation if it were a currency.
• He noted that annualizing the recent drop in spending power equates to roughly 800% inflation.

 

[Copacabana]

Anybody using a Raisin account? Looking at some fixed rate savings accounts.

 

[TAD]

Hi folks. I think this year Might have put 20k in a cash ISA this year and not thinking later put 1k into my stocks and shares ISA just as cash to pay the fees.
If I have done this, any idea what I need to do?

 

[mini-x2]

I lost £3.43 on my Stocks and Shares ISA yesterday. Gutted.

 

[Shambo]

I have not invested since gold started dipping and I pulled my money out

 

[arthursboy]

BANKER SCUM

If this person waited it would have been more than £11k

 

[Alchemist]

I lost £3.43 on my Stocks and Shares ISA yesterday. Gutted.

I'm £11.43 down in the last 24 hours. You don't know what gutted feels like.

 

[Matt Hopkins]

Hi folks. I think this year Might have put 20k in a cash ISA this year and not thinking later put 1k into my stocks and shares ISA just as cash to pay the fees.
If I have done this, any idea what I need to do?

Report it to HMRC or just do nothing and await a prison sentence

 

[Mozza]

Archer aviation

 

[42]

I'm £11.43 down in the last 24 hours. You don't know what gutted feels like.

Mines up £113.12
Over 2 days its down however

 

[gizmoganzee]

Mines up £113.12
Over 2 days its down however

Mines up £254.47 but down about 8% overall

 

[Darlo1973]

I'm £11.43 down in the last 24 hours. You don't know what gutted feels like.

I've had days where I have gained or lost thousands.

 

[Edinburgh Black Cat]

Hi folks. I think this year Might have put 20k in a cash ISA this year and not thinking later put 1k into my stocks and shares ISA just as cash to pay the fees.
If I have done this, any idea what I need to do?

Options are:

1) phone HMRC to explain
2) withdraw £1k from one of the accounts, and do nothing more
3) forget about it

1 is the correct answer. They'll likely tell you to do either 2 or 3.

If you skip option 1 and go straight to 2 or 3 the chances are nobody will notice.

 

[42]

Hi folks. I think this year Might have put 20k in a cash ISA this year and not thinking later put 1k into my stocks and shares ISA just as cash to pay the fees.
If I have done this, any idea what I need to do?

If the cash isa is flexible, you might getaway with just taking £1k out of it, as currently I believe now theres more flexibility than there used to be, and your cash isa will then show only £19k used. And if the balances are reported at year end it wont matter.

 

[bowers2]

Options are:

1) phone HMRC to explain
2) withdraw £1k from one of the accounts, and do nothing more
3) forget about it

1 is the correct answer. They'll likely tell you to do either 2 or 3.

If you skip option 1 and go straight to 2 or 3 the chances are nobody will notice.

Don’t the banks report it?

 

[42]

Don’t the banks report it?

They will do, but the question is when. Do they report every transaction, or just the net contributions at year end.

 

[STID]

Hi folks. I think this year Might have put 20k in a cash ISA this year and not thinking later put 1k into my stocks and shares ISA just as cash to pay the fees.
If I have done this, any idea what I need to do?

From experience you wouldn’t have been allowed to put money in over the limit. There was once I tried opening a fixed rate isa and it blocked me because I had forgotten about £150 a month I was paying into a stocks and shares is a. Your NI number should flag it straight up if you try to go over the limit

 

[bowers2]

From experience you wouldn’t have been allowed to put money in over the limit. There was once I tried opening a fixed rate isa and it blocked me because I had forgotten about £150 a month I was paying into a stocks and shares is a. Your NI number should flag it straight up if you try to go over the limit

Not if you use a different bank.