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Post by beeje13 on Dec 11, 2017 18:39:10 GMT
I started investing a week ago and took advice from this forum to start with £100 as it is slow to get the money invested. I set my bid limit at £25 and I still have £46 left. No investment has been more than £6.50, most at or very near £5. Time to increase my max bid a smidge, maybe get to the dizzy heights of £10 investment on some of the larger loans My tip: Make sure your account is topped up before Friday as I have found that tends to be the busiest day of the week. Last week was slow/low volume by recent levels. Also keep an eye out for emails on manual loans, they are rare now but they do happen.
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IFISAcava
Member of DD Central
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Post by IFISAcava on Dec 11, 2017 18:53:10 GMT
I started investing a week ago and took advice from this forum to start with £100 as it is slow to get the money invested. I set my bid limit at £25 and I still have £46 left. No investment has been more than £6.50, most at or very near £5. Time to increase my max bid a smidge, maybe get to the dizzy heights of £10 investment on some of the larger loans My tip: Make sure your account is topped up before Friday as I have found that tends to be the busiest day of the week. Last week was slow/low volume by recent levels. Also keep an eye out for emails on manual loans, they are rare now but they do happen. for which the deadline is Thursday 4 pm, otherwise you'll be short until Monday morning.
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msenanna
Member of DD Central
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Post by msenanna on Dec 11, 2017 22:05:01 GMT
My tip: Make sure your account is topped up before Friday as I have found that tends to be the busiest day of the week. Last week was slow/low volume by recent levels. Also keep an eye out for emails on manual loans, they are rare now but they do happen. for which the deadline is Thursday 4 pm, otherwise you'll be short until Monday morning. Thank you both! Had forgotten that transferring money into Unbolted takes longer than the likes of COL or ABL. I shall top up tomorrow just in case I am lucky and get the chance to invest more than my (currently) remaining £46.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
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Post by stub8535 on Dec 12, 2017 11:11:29 GMT
My overdues are over £1k now. A watch sold 2 weeks ago and funds must be awaited. £360 gone to metals market. Same lead time probably. Another for £350 prepared for sending to Hatton Garden. I can see my Christmas balance being much higher.😕 Still a smaller percentage of my platform total and a better chance of total recovery than other platforms in p2p land.☺
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Post by df on Dec 12, 2017 19:28:36 GMT
What's the current best guesses at the weekly amount one might invest, on auto, in each category? Looks to me (gold, and protected) no more than £100 a week? £100 would be great. Last week I've been given £36.75 and that is about my average weekly slice these days. Don't know how others get more?
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Post by df on Dec 12, 2017 19:45:11 GMT
I started investing a week ago and took advice from this forum to start with £100 as it is slow to get the money invested. I set my bid limit at £25 and I still have £46 left. No investment has been more than £6.50, most at or very near £5. Time to increase my max bid a smidge, maybe get to the dizzy heights of £10 investment on some of the larger loans I've been with UB for a year and changed my settings randomly many times (from £30 to a maximum). The changes didn't make any difference. In the past few weeks, the largest I got was £13.17, but most are between £5 and £10. Try increasing your settings and see what happens, it would be interesting to know the result.
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Post by df on Dec 12, 2017 19:50:42 GMT
for which the deadline is Thursday 4 pm, otherwise you'll be short until Monday morning. Thank you both! Had forgotten that transferring money into Unbolted takes longer than the likes of COL or ABL. I shall top up tomorrow just in case I am lucky and get the chance to invest more than my (currently) remaining £46. It's good to have it topped up to about £70, just in case of a miracle or sometimes there are unprotected loans for unlimited manual investment that go very fast and, as you mentioned, it takes a day for your funds to arrive.
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msenanna
Member of DD Central
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Post by msenanna on Dec 12, 2017 20:01:22 GMT
I started investing a week ago and took advice from this forum to start with £100 as it is slow to get the money invested. I set my bid limit at £25 and I still have £46 left. No investment has been more than £6.50, most at or very near £5. Time to increase my max bid a smidge, maybe get to the dizzy heights of £10 investment on some of the larger loans I've been with UB for a year and changed my settings randomly many times (from £30 to a maximum). The changes didn't make any difference. In the past few weeks, the largest I got was £13.17, but most are between £5 and £10. Try increasing your settings and see what happens, it would be interesting to know the result. Well its only been one day (and the relevant loans might not have been available) but having increased my max bid to £35, today I got two loans for £5.73 and £5.38 so nothing different as yet. I shall keep you posted. I have topped up my account as well to see whether Friday brings higher figures. I guess drip feeding at £30-50 a week isn't so bad given I am already heavily invested (for me) elsewhere so don't have much spare cash hanging around at this time of year.
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Post by df on Dec 12, 2017 20:27:08 GMT
I've been with UB for a year and changed my settings randomly many times (from £30 to a maximum). The changes didn't make any difference. In the past few weeks, the largest I got was £13.17, but most are between £5 and £10. Try increasing your settings and see what happens, it would be interesting to know the result. Well its only been one day (and the relevant loans might not have been available) but having increased my max bid to £35, today I got two loans for £5.73 and £5.38 so nothing different as yet. I shall keep you posted. I have topped up my account as well to see whether Friday brings higher figures. I guess drip feeding at £30-50 a week isn't so bad given I am already heavily invested (for me) elsewhere so don't have much spare cash hanging around at this time of year. Yes, £30-50 a week sounds about right. Just have to be patient, it takes long to build portfolio with UB. It will change in 6 month time when you start getting repayments. I don't top up any more as there are enough returns to be invested in new loans. My 'cash balance' is staying between £50 and £100 without me doing anything.
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Post by marx on Dec 12, 2017 21:58:05 GMT
I've been with UB for a year and changed my settings randomly many times (from £30 to a maximum). The changes didn't make any difference. In the past few weeks, the largest I got was £13.17, but most are between £5 and £10. Try increasing your settings and see what happens, it would be interesting to know the result. Well its only been one day (and the relevant loans might not have been available) but having increased my max bid to £35, today I got two loans for £5.73 and £5.38 so nothing different as yet. I shall keep you posted. I have topped up my account as well to see whether Friday brings higher figures. I guess drip feeding at £30-50 a week isn't so bad given I am already heavily invested (for me) elsewhere so don't have much spare cash hanging around at this time of year. UBT say "your participation in a loan will not always be up to the maximum amount you have set, but will be in proportion to the aggregate total auto-lend instruction on the platform. As an example, if you have set a maximum amount of £1000 and the total auto-lend instruction from all lenders on the platform is £20,000, you will receive 1/20th of every new loan less than £20,000." So the limits we set, as well as acting as limits, also express a proportion of the total of others' limits - and it's this proportion which determines our auto-lend chunk. I doubled my limits yesterday and today was allocated about £35 over three loans, which is certainly more rapid than previously.
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msenanna
Member of DD Central
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Post by msenanna on Dec 12, 2017 23:10:10 GMT
Well its only been one day (and the relevant loans might not have been available) but having increased my max bid to £35, today I got two loans for £5.73 and £5.38 so nothing different as yet. I shall keep you posted. I have topped up my account as well to see whether Friday brings higher figures. I guess drip feeding at £30-50 a week isn't so bad given I am already heavily invested (for me) elsewhere so don't have much spare cash hanging around at this time of year. UBT say "your participation in a loan will not always be up to the maximum amount you have set, but will be in proportion to the aggregate total auto-lend instruction on the platform. As an example, if you have set a maximum amount of £1000 and the total auto-lend instruction from all lenders on the platform is £20,000, you will receive 1/20th of every new loan less than £20,000." So the limits we set, as well as acting as limits, also express a proportion of the total of others' limits - and it's this proportion which determines our auto-lend chunk. I doubled my limits yesterday and today was allocated about £35 over three loans, which is certainly more rapid than previously. Interesting that you were allocated a higher amount, I can see how that works from your explanation. I think I'll stick with my £35 max for the moment as not got a regular supply of spare cash to increase my investments just now. £30-50 per week feels ok.
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msenanna
Member of DD Central
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Post by msenanna on Dec 12, 2017 23:12:51 GMT
Well its only been one day (and the relevant loans might not have been available) but having increased my max bid to £35, today I got two loans for £5.73 and £5.38 so nothing different as yet. I shall keep you posted. I have topped up my account as well to see whether Friday brings higher figures. I guess drip feeding at £30-50 a week isn't so bad given I am already heavily invested (for me) elsewhere so don't have much spare cash hanging around at this time of year. Yes, £30-50 a week sounds about right. Just have to be patient, it takes long to build portfolio with UB. It will change in 6 month time when you start getting repayments. I don't top up any more as there are enough returns to be invested in new loans. My 'cash balance' is staying between £50 and £100 without me doing anything. Actually I quite like the slow build up in UB, very different from investing a lump sum from example in ABL and trying to get the best out of the secondary market without feeling like you're paying over the odds. Is also a nice break from trying to do DD which always taxes my brain
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Post by df on Dec 13, 2017 1:38:17 GMT
Yes, £30-50 a week sounds about right. Just have to be patient, it takes long to build portfolio with UB. It will change in 6 month time when you start getting repayments. I don't top up any more as there are enough returns to be invested in new loans. My 'cash balance' is staying between £50 and £100 without me doing anything. Actually I quite like the slow build up in UB, very different from investing a lump sum from example in ABL and trying to get the best out of the secondary market without feeling like you're paying over the odds. Is also a nice break from trying to do DD which always taxes my brain I like slow build ups too and trying to do this with every new platform. It's good to test the water before making any bigger steps, I think. My build up in ABL is one of the slowest because of slow loan flow, many new loans are to the same borrower, I don't like buying loan parts at premium and diversification is one of my main priorities. I like UB for being nice and easy - no DD, no trading, no worrying about loan's performance and receive decent return.
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star dust
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Post by star dust on Dec 13, 2017 12:16:19 GMT
Quite a large £78k Gold Trust 0.65% loan has just been allocated. I've got a low autolend target on these type of loans and I was allocated just over 50% of my target on this loan. That's fine by me as it's not out of proportion with other above average allocations I have on some other loans, but it illustrates the dangers of gaming if your target is considerably higher than you really want. I suspect some people might have got a bit caught out on this.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Dec 13, 2017 13:13:16 GMT
I also only got just over 50% of my setting star dust which I considered a bit puny so I've upped my AutoLend amount. Finding the right setting with UNB seems pure trial and error. I've been set at four figures in the past without receiving any discernible larger allocations of Loans.
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