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Post by victoria on May 21, 2018 14:11:00 GMT
Hello, dear users of p2pindependentforum!
I'm very happy to inform you that GRUPEER platform has finally launched Auto-invest!
Auto-invest automatically implements your chosen investment strategy. After you have entered your investment criteria, Auto-invest will automatically invest in suitable loans. You can access Auto-invest at any time and follow your portfolio activity in real time to make sure it is working according to your investment goals. Auto-invest is a very efficient tool for saving time spent on investment activities. It also allows you to access newly placed loans in the system before manually-made investments.
You can pause or cancel Auto-invest at any time.
If you have any questions or just want to say hi, do not hesitate to drop me a message.
Kind regards,
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kulerucket
Member of DD Central
Posts: 336 
Likes: 93
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Post by kulerucket on May 29, 2018 8:45:50 GMT
Hello, dear users of p2pindependentforum! I'm very happy to inform you that GRUPEER platform has finally launched Auto-invest!Auto-invest automatically implements your chosen investment strategy. After you have entered your investment criteria, Auto-invest will automatically invest in suitable loans. You can access Auto-invest at any time and follow your portfolio activity in real time to make sure it is working according to your investment goals. Auto-invest is a very efficient tool for saving time spent on investment activities. It also allows you to access newly placed loans in the system before manually-made investments. You can pause or cancel Auto-invest at any time. If you have any questions or just want to say hi, do not hesitate to drop me a message. Kind regards, This is good news and a step in the right direction. However I won't be using it because my primary strategy on Grupeer is to spread my money across creditors proportionally to my perceived level of risk for that creditor. In order to use the auto invest, I would need the ability to create multiple rules and be able to limit each rule to one creditor.
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Post by victoria on Jun 1, 2018 15:38:30 GMT
Hello kulerucket!
Thank you for your opinion.
In future, we are planning to upgrade our auto-invest and to allow our investors to create multiple rules. We will take your wish into consideration and will let you know when the new features will be implemented.
Have a fantastic weekend!
Kind regards,
Victoria
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Post by Ace on Jul 15, 2018 23:51:17 GMT
Hello victoria , A while ago I made some test investments in Grupeer to get a feel of the site. I made six €10 investments. Although i found the site a little awkward to use, it seemed otherwise ok. Having accidentally made two of my six manual investments to different tranches of the Promenada project I decided to give the auto-invest tool a try. I first checked the faqs to check that it would not invest in loans that I already held, and that it would select different loans to aid diversification. I was satisfied that this was true, so I added €40 and setup the auto-invest tool to select €10 per loan. When I switched auto-invest on it immediately gave me four new loans. However, when I looked closer all of these were to the Promenada development project. Granted they are in different tranches, but they are essentially all in the same loan. So, I am now 60% invested in one project. I realize that this is not really a problem for me due to the small sums involved, but I'm glad that I tested things out first before diving in with larger sums. Since the Promenada project is now on tranche 51, there may well be auto-invest users out there who think that they have a well diversified portfolio, but are actually heavily invested in a very small number of loans! Another couple of suggested improvements: - When using the auto-invest tool (once the above major problem is fixed) I would like to be able to specify that I only wanted loans with guaranteed buyback (your major competitors have this feature)
- When manually selecting loans I would like to be able to see (or filter out) loans that I am already invested in. Perhaps by having a different row background colour, or a simple tick column.
Regards Ace |
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Post by victoria on Jul 16, 2018 14:56:16 GMT
Hello dear Ace, Thank you for your feedback! Indeed, project Promenada is a specific development project. At the request of our loan originator, we have decided to split this tranch into small loans because like that it is more convenient to operate and control the money flow. Unfortunately, I can agree with you, that in this case, the usage of auto-invest with specific strategy can result the lack of diversification opportunities. The good news is that in the near future there will be possible to make several auto-invest strategies with new filters available such as “country” and “loan originator”. Also in the following days, we will have new projects on our platform. I hope that it will solve your diversification issue. Also thank you very much for your suggested improvements! Regarding your first suggestion, in our case, there is no need for such a feature, because all of our loans on the platform are with guaranteed BuyBack. We have already foreseen it and exactly this is one of the reasons why we have never experienced the default of the loans before. Once again, thank you for your suggestions- We will take them into consideration! Good luck with investing and if you will have any questions or support needed- do not hesitate to contact me or Grupeer Support (support@grupeer.com) Kind regards, Victoria |
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Post by Ace on Jul 16, 2018 21:17:36 GMT
Thanks for your reply victoria . I appreciate the upcoming enhancements that you mentioned to the auto-invest tool, but they don't appear to address the diversification issue that I mentioned. There seems little point spending developer time on adding multiple auto-invest strategies until the diversification issue is fixed. An auto-invest tool that doesn't aid diversification seems fairly pointless to me. So I will, reluctantly, revert to manual selection, which will result in me investing less funds in Grupeer than I otherwise would due to the extra time required.
If all your loans have a guaranteed buyback, then you should correct your 'how it works' page which states "We care about the interests of our investors therefore the majority of our loan agreements is guaranteed by Buy Back.". You might also consider removing the buyback column from your list of loans if it is now redundant.
Thanks for being prepared to engage on a public platform, it is certainly a plus point for me when deciding which platform to invest in.
Regards
Ace |
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Post by victoria on Jul 17, 2018 7:19:00 GMT
Hello Ace, Thank you for emphasizing that, we will correct our "how it works" section. Always with a pleasure and good luck with investments! Have a wonderful day! Victoria |
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