Taxman Hunting YOUR ISA Whilst Savings & Mortgages Rocket!?

Playing FTSE

► Episode Notes: Who’s had a birthday this week? Find out in this week’s PlayingFTSE Show! It’s a very UK-centric episode this week, with Steve and Steve ready to talk about the latest news around interest rates. There’s good news for savers, bad news for debtors, and confusing news for ISA investors. With interest rates up to 5%, there are some nice opportunities to earn a return on cash, either in an instant acces account or in a fixed bond. Steve W’s been looking in all the usual places, but which Brexiteering bank has Steve D seen? The news for people with big mortgages is bad, though. The average rate on a 2-year fixed mortgage is 6% and Steve W has some ideas on whether investors should stick or twist for their next move. The big stock news from this week concerns Ocado. With rumours of US tech giant Amazon looking interested, the stock is up 30% this week, but do the Steves think there’s any reason to buy the unprofitable robotics outfit? Lastly, when is a share not a share? When it’s a derivative – and that’s bad news for anyone wanting to hold fractional shares in an ISA. But this is surely just a technicality, right? I mean, there’s nothing to see here, is there? Only on this week’s PlayingFTSE Podcast! ► Support the show: Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse (All proceeds reinvested into the show and not to coffee!) There are many ways to help support the show, liking, commenting and sharing our episodes with friends! You can also check out our clothing merch store: https://playingftse.teemill.com/ We get a small cut of anything you buy which will be reinvested back into the show....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?) ► Get a free share! Trading 212 is OPEN to UK users again! If you'd like to sign up and get a free share you can do so on the link below! And full disclosure we get one too! https://www.trading212.com/invite/FMh1Cuvp ► Timestamps: 0:00 Intro 08:46 Savings Rates 19:30 Mortgages 39:20 Ocado & Amazon 45:37 Tesla 51:37 Fedex 57:31 Fractional Shares ► Show Notes: What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy ► Wanna get in contact? Got a question for us? Drop it in the comments below or reach out to us on Twitter: https://twitter.com/playingftseshow Or on Instagram: https://www.instagram.com/playing_ftse/ ► Enquiries: Please email - playingftsepodcast@gmail(dot)com