How do you arrange your time spent on financial stuff?

My username is sarahcount and I am addicted to P2P.

I work for a living so in theory the amount of time I spend on P2P in the day should be limited.

But yes I do find myself dipping in to my favourite sites at regular intervals to see if there are any SM bargains to pick up.

There are also release times of new loans where I try to be available. I can frequently miss out on the small pawn type loans that sell out quickly due to work getting in the way. Colleagues have the temerity to speak to me or contacts phone me up - oblivious it would seem that it is two minutes to 11 and there's a Rolex renewal coming up.

I should say that I do lots of unpaid overtime though so I put back more than I take out.

I  then have a bit of real life to live and come back to P2P later in the evening once the house has quietened down. I'll then be scrolling through all my actively managed P2P sites and reviewing their pages on this forum. At times that can be a bit like a game of whack-a-mole. As soon as you think you've read everything another posting comes up.

Armed with new information from the forum, or a little bit of my own DD if I'm feeling adventurous, I'll then be buying or selling loans depending on what I think's best.

For quite some time I'd make a point of occasionally staying up to midnight with a view to going onto SS and picking up some quality SM offering that someone had just listed at that time in order to gain an extra day's interest. Strangely I don't do that anymore.

In the couple of year's that I've been doing this I have rationalised my exposure and am doing a reverse-diversification towards the fewer more mature loans that I still like. 

Once Bolton, Wigan etc (you know who you are) finally repay I might have to take up a new hobby.

Any badminton classes around here?

 

A very interesting line of thought stevio! I'm full time employed, have plenty of other commitments to family, friends and am an avid runner/cyclist.

I quickly realised that although I'm very interested in investing/p2p, they were sucking up my valuable time. Given my modest pot, this was totally disproportionate to any earnings and getting in the way of what I really want to be doing.

I now take the line of thought that although a completely self managed portfolio could make me more, it's just not worth it for me at the moment. I have therefore built a largely passive position on platforms such as Lending Works, Landbay, Goji, Assetz. On the stocks side of things I predominantly use Vanguard trackers.

I still invest with MT and Lendy which is a little active fun/danger money depending how you view it and self select through Abundance for my green fix but not much comes up there.

This lifestyle aimed balance is working much better for me than chasing outright returns!