Making plans for Edward

Article Abstract:

Those who are seeking the best way to save money efficiently should consider the interest rates their money is currently attracting. It may be advisable to move to a more competitive savings account. Those who are prepared to make a financial commitment for at least five years should consider a basic investment such as a Tessa. A Tessa account offers minimal risk, along with tax-free interest. It is also worth considering placing some money in a National Savings Indexed Linked Certificate.

Personal Savings

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Share and share alike: but when to sell them?

Article Abstract:

It can be very difficult to decide on the best time to sell shares, especially if the price has been very volatile. If it is decided to sell, it is worth seeking the services of a clearing bank or a local stockbroker, which will charge around 1%. Capital Gains Tax will have to be paid on any profits above the allowance for the particular tax year. It is worth taking care to establish a balanced share portfolio, thus extending the range of underlying investments and limiting volatility.

United States, Stocks

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