ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Dec 23, 2017 19:34:22 GMT
Sounds good to me Fellow Investors. Until you Learned Bods out there prick my bubble with facts & comments I wouldn't have thought of in a thousand years! 
"Orca is now developing an investment product that reduces risk by offering cross-platform, cross-borrower and cross-sector diversification, as well as offering portfolio monitoring by experts. This product improves diversification, and alleviates the admin burden of building a P2P portfolio yourself." |
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hector
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Post by hector on Dec 23, 2017 19:44:23 GMT
Completely agree ozboy. But don't take any notice of me, I've had my 3 score years & 10, still believe in the tooth fairy & (until this week) regularity invested with Bendy. So what do I know 😫
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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 23, 2017 19:49:24 GMT
You know enough to Get Outta Bendy Dodge! .................  |
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Greenwood2
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Post by Greenwood2 on Dec 23, 2017 21:20:47 GMT
Bondmason and Goji are similar?
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
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Post by brianlom1 on Dec 23, 2017 22:23:23 GMT
Sounds good to me Fellow Investors. Until you Learned Bods out there prick my bubble with facts & comments I wouldn't have thought of in a thousand years!
"Orca is now developing an investment product that reduces risk by offering cross-platform, cross-borrower and cross-sector diversification, as well as offering portfolio monitoring by experts. This product improves diversification, and alleviates the admin burden of building a P2P portfolio yourself."I had an early introduction to the Orca product, assuming the proposal hasn't changed much since then I'd be surprised if it appeals to many forumites. The main advantage is the reduced admin, you provide your details once and they open multiple P2P accounts on your behalf. In return, there's a target (but not guaranteed) return of c. 6%.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,161
Likes: 4,841
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Post by ozboy on Dec 23, 2017 22:56:21 GMT
Hmmm, interesting, thanks brianlom1. 6% Target doesn't sound too enticing to me but of course the devil will be in the detail?!  |
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Post by df on Dec 24, 2017 1:53:01 GMT
Bondmason and Goji are similar? Don't know about Goji (I don't invest there), but it is the same idea as BM. The problem with this approach is - if you already investing in numerous platforms (17 in my case) you can end up investing in the same loans you are already investing, which may not aid diversification. BM's advantage is that they invest in a number of loans that are not accessible for regular p2p lender.
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puddleduck
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Post by puddleduck on Dec 25, 2017 16:17:42 GMT
Sounds good to me Fellow Investors. Until you Learned Bods out there prick my bubble with facts & comments I wouldn't have thought of in a thousand years!
"Orca is now developing an investment product that reduces risk by offering cross-platform, cross-borrower and cross-sector diversification, as well as offering portfolio monitoring by experts. This product improves diversification, and alleviates the admin burden of building a P2P portfolio yourself."I had an early introduction to the Orca product, assuming the proposal hasn't changed much since then I'd be surprised if it appeals to many forumites. The main advantage is the reduced admin, you provide your details once and they open multiple P2P accounts on your behalf. In return, there's a target (but not guaranteed) return of c. 6%. I wonder if they make money opening multiple P2P accounts via referral fees? Could be a nice little earner for them with all the 50, 75 and 100 account opening offers available... Offer does not appeal to me - while they produce competent reports they have no track record in this as far as I am aware, and I would assume you would have even less protection than you do already if accounts are opened via a 3rd party. Minimum opening of 1k and 0.65% annual fees as well. Being a very skeptical sort of chap I wonder if these free reports have issuing have really been aimed at getting a mailing list together. I suppose it probably is not really aimed at the more hands on sort who post here to be fair.
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stevio
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Post by stevio on Dec 27, 2017 20:15:16 GMT
Bondmason and Goji are similar? Don't know about Goji (I don't invest there), but it is the same idea as BM. The problem with this approach is - if you already investing in numerous platforms (17 in my case) you can end up investing in the same loans you are already investing, which may not aid diversification. BM's advantage is that they invest in a number of loans that are not accessible for regular p2p lender. Allegedly.......as they conceal the exact loan details there is no way to confirm that These companies all depend on whether you trust self proclaimed "experts" to invest on your behalf to try to save time and increase diversification, all for a cut of the returns
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agent69
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Post by agent69 on Dec 27, 2017 20:25:37 GMT
..... as well as offering portfolio monitoring by experts.
Reassuring to know that if your portfolio goes down the pan, there's a group of experts at hand to wave it merrily on its way.
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Post by jordan on Jan 9, 2018 13:51:37 GMT
Hello folks,
Just came across this on my weekly reading of the forum.
In relation to some of the comments:
We differ from Goji and BondMason inasmuch as we do not have a bond layer in between or invest money into selected loans before making them available for purchase.
Our rate of return is an indicative and not targeted rate. It is a function of the interest rates of the underlying platforms in the portfolio.
I can appreciate the sentiment that the appeal may not be strong for experienced P2P investors/forumites, so we're keen to understand more about the value we can offer down the line, such as an active product - perhaps more appealing. For now, we're just keen to get to market with our initial offering.
After launch (very soon), I'd be keen to get feedback on the offering and will look to create a thread to do so. I'd welcome all of you on it.
Thanks,
Jordan
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stevio
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Post by stevio on Apr 23, 2018 19:21:11 GMT
Hello folks, Just came across this on my weekly reading of the forum. In relation to some of the comments: We differ from Goji and BondMason inasmuch as we do not have a bond layer in between or invest money into selected loans before making them available for purchase. Our rate of return is an indicative and not targeted rate. It is a function of the interest rates of the underlying platforms in the portfolio. I can appreciate the sentiment that the appeal may not be strong for experienced P2P investors/forumites, so we're keen to understand more about the value we can offer down the line, such as an active product - perhaps more appealing. For now, we're just keen to get to market with our initial offering. After launch (very soon), I'd be keen to get feedback on the offering and will look to create a thread to do so. I'd welcome all of you on it. Thanks, Jordan A few of us did a similar incentive with LC (when cashback was a newish concept). Nearly everyone had some form of default and the incentive was quickly chipped down and most felt it was not worth the hassle A BM clone is not really sought after and several have already "been there and tried it"
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Post by df on Apr 23, 2018 20:08:39 GMT
Hello folks, Just came across this on my weekly reading of the forum. In relation to some of the comments: We differ from Goji and BondMason inasmuch as we do not have a bond layer in between or invest money into selected loans before making them available for purchase. Our rate of return is an indicative and not targeted rate. It is a function of the interest rates of the underlying platforms in the portfolio. I can appreciate the sentiment that the appeal may not be strong for experienced P2P investors/forumites, so we're keen to understand more about the value we can offer down the line, such as an active product - perhaps more appealing. For now, we're just keen to get to market with our initial offering.
After launch (very soon), I'd be keen to get feedback on the offering and will look to create a thread to do so. I'd welcome all of you on it. Thanks, Jordan It doesn't appeal to me because I'm already well diversified across loans/platforms and not planning to increase my p2p funds in near future, but I think this offering is very good for those (particularly new investors) who don't have time for researching and selecting platforms. I hope it goes well, best of luck!
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Post by jordan on Apr 24, 2018 8:32:32 GMT
Hello folks, Just came across this on my weekly reading of the forum. In relation to some of the comments: We differ from Goji and BondMason inasmuch as we do not have a bond layer in between or invest money into selected loans before making them available for purchase. Our rate of return is an indicative and not targeted rate. It is a function of the interest rates of the underlying platforms in the portfolio. I can appreciate the sentiment that the appeal may not be strong for experienced P2P investors/forumites, so we're keen to understand more about the value we can offer down the line, such as an active product - perhaps more appealing. For now, we're just keen to get to market with our initial offering. After launch (very soon), I'd be keen to get feedback on the offering and will look to create a thread to do so. I'd welcome all of you on it. Thanks, Jordan A few of us did a similar incentive with LC (when cashback was a newish concept). Nearly everyone had some form of default and the incentive was quickly chipped down and most felt it was not worth the hassle A BM clone is not really sought after and several have already "been there and tried it" Hey, thanks for your comments. Not sure what you mean by the LC incentive, are you referring to LendingCrowd? Keen to hear more. BM have done well, and we are both aggregators, however the models do differ: BondMason offers receivables to be purchased, whereas we help build and execute a portfolio comprised of a few major P2P lending platforms (you can view asset allocation before investing). We're trying to remove hassle while retaining returns and reducing risk. Appreciate it's not for everyone, of course.
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Post by jordan on Apr 24, 2018 8:38:49 GMT
Hello folks, Just came across this on my weekly reading of the forum. In relation to some of the comments: We differ from Goji and BondMason inasmuch as we do not have a bond layer in between or invest money into selected loans before making them available for purchase. Our rate of return is an indicative and not targeted rate. It is a function of the interest rates of the underlying platforms in the portfolio. I can appreciate the sentiment that the appeal may not be strong for experienced P2P investors/forumites, so we're keen to understand more about the value we can offer down the line, such as an active product - perhaps more appealing. For now, we're just keen to get to market with our initial offering.
After launch (very soon), I'd be keen to get feedback on the offering and will look to create a thread to do so. I'd welcome all of you on it. Thanks, Jordan It doesn't appeal to me because I'm already well diversified across loans/platforms and not planning to increase my p2p funds in near future, but I think this offering is very good for those (particularly new investors) who don't have time for researching and selecting platforms. I hope it goes well, best of luck! Completely understand. It's a great point, we're conscious that regulars on the forum will be very experienced in P2P and as such may not find value in our current solution. In time, we'll look to evolve the solution and cater to this more experienced persona group. Keen to get your thoughts on what you would find valuable? Curiosity as much as anything
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