The Finance/Savings/Investments Thread...
Apr 27th 2008, 8:22 pm
#1
Lost in BE Cyberspace
Thread Starter
Joined: Dec 2006
Posts: 23,434
The Finance/Savings/Investments Thread...
You can ask all questions in this thread...
Be it pension schemes with offshore accounts, or savings/investments, and what have you...
Can we mention names of providers/companies???
Be it pension schemes with offshore accounts, or savings/investments, and what have you...
Can we mention names of providers/companies???
Apr 30th 2008, 7:27 pm
#2
Lost in BE Cyberspace
Thread Starter
Joined: Dec 2006
Posts: 23,434
Re: The Finance/Savings/Investments Thread...
Oh well...
I've been in a savings/insurance scheme for the past 5 years already...It is supposed to be a 30 year thing, coupled with life insurance as well...The fund that I initially started with was underperforming; 3% gains in a period of 3 years and my advisor wasn't following up on it or alerting me to change the fund...About 7 months ago, I adopted a more aggressive approach and axed the old fund and introduced new funds, still not very good what with the credit situation in the US and all...So I added a third fund which has performed extremely well in the past 4 years... But, i cannot find any info on that fund on the net...
Does the FA have exclusivity on the information regarding those funds???
I've been in a savings/insurance scheme for the past 5 years already...It is supposed to be a 30 year thing, coupled with life insurance as well...The fund that I initially started with was underperforming; 3% gains in a period of 3 years and my advisor wasn't following up on it or alerting me to change the fund...About 7 months ago, I adopted a more aggressive approach and axed the old fund and introduced new funds, still not very good what with the credit situation in the US and all...So I added a third fund which has performed extremely well in the past 4 years... But, i cannot find any info on that fund on the net...
Does the FA have exclusivity on the information regarding those funds???
May 1st 2008, 4:31 pm
#3
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: The Finance/Savings/Investments Thread...
I am my own adviser.......... would also never trust a bank here to be my financial adviser!
May 1st 2008, 4:33 pm
#4
Lost in BE Cyberspace
Joined: Sep 2006
Posts: 18,187
Re: The Finance/Savings/Investments Thread...
Oh well...
I've been in a savings/insurance scheme for the past 5 years already...It is supposed to be a 30 year thing, coupled with life insurance as well...The fund that I initially started with was underperforming; 3% gains in a period of 3 years and my advisor wasn't following up on it or alerting me to change the fund...About 7 months ago, I adopted a more aggressive approach and axed the old fund and introduced new funds, still not very good what with the credit situation in the US and all...So I added a third fund which has performed extremely well in the past 4 years... But, i cannot find any info on that fund on the net...
Does the FA have exclusivity on the information regarding those funds???
I've been in a savings/insurance scheme for the past 5 years already...It is supposed to be a 30 year thing, coupled with life insurance as well...The fund that I initially started with was underperforming; 3% gains in a period of 3 years and my advisor wasn't following up on it or alerting me to change the fund...About 7 months ago, I adopted a more aggressive approach and axed the old fund and introduced new funds, still not very good what with the credit situation in the US and all...So I added a third fund which has performed extremely well in the past 4 years... But, i cannot find any info on that fund on the net...
Does the FA have exclusivity on the information regarding those funds???
MM, xx
May 1st 2008, 7:44 pm
#12
Lost in BE Cyberspace
Thread Starter
Joined: Dec 2006
Posts: 23,434
Re: The Finance/Savings/Investments Thread...
Anyway, please keep this thread for financial stuff...
Anything else, you have the "Fires..." thread...
Anything else, you have the "Fires..." thread...
May 23rd 2008, 9:29 am
#13
Just Joined
Joined: May 2008
Location: Budapest Hungary
Posts: 5
Re: The Finance/Savings/Investments Thread...
As an IFA I don't even understand why you would stay with your advisor is he/she wasn't following up with you ever 3-6 months. I see this here in Budapest, where I a based, and easily scoop up new customers just by giving them the service I promise. Dump your advisor if he isn't there for you...shouldn't take you long to find another.
May 23rd 2008, 9:42 am
#14
Joined: Jan 2008
Posts: 3,028
Re: The Finance/Savings/Investments Thread...
I am in the position of being paid in the UK tax-free, but am about to move out here full time. My employer has stated because I am being 'seconded' to the ME, I still have to be paid in the UK, because that is where my contract is based.
Can anyone advise on banks that can handle the idea of a monthly transfer from a UK branch to a UAE branch, that wont screw there nose up and tell me how much its gonna cost me in SWIFT charges???
Can anyone advise on banks that can handle the idea of a monthly transfer from a UK branch to a UAE branch, that wont screw there nose up and tell me how much its gonna cost me in SWIFT charges???
May 23rd 2008, 10:08 am
#15
Banned
Joined: May 2008
Posts: 99
Re: The Finance/Savings/Investments Thread...
I am in the position of being paid in the UK tax-free, but am about to move out here full time. My employer has stated because I am being 'seconded' to the ME, I still have to be paid in the UK, because that is where my contract is based.
Can anyone advise on banks that can handle the idea of a monthly transfer from a UK branch to a UAE branch, that wont screw there nose up and tell me how much its gonna cost me in SWIFT charges???
Can anyone advise on banks that can handle the idea of a monthly transfer from a UK branch to a UAE branch, that wont screw there nose up and tell me how much its gonna cost me in SWIFT charges???
If I were you - considering the fact you are being seconded by your current employer - I would insist they transfer part of or all of your salary to the UAE - otherwise you will have zero money to survive. Get your employer to pick up the tab for the money transfer.