eeyore
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Post by eeyore on Feb 1, 2019 15:58:33 GMT
and by looking at page 8 of the borrowing proposal they will be back for a bit more soon on another refinance deal Only six days later your prediction comes true. I tip my avatar hat to you. And this time, I wonder if there'll be a bid limit?
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Post by Deleted on Feb 1, 2019 16:45:35 GMT
You still have to ask why a man with this "net" wealth has to borrow at these rates?
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blender
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Post by blender on Feb 1, 2019 17:18:05 GMT
You still have to ask why a man with this "net" wealth has to borrow at these rates? Just very generous, I suppose.
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macq
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Post by macq on Feb 1, 2019 17:49:20 GMT
Only six days later your prediction comes true. I tip my avatar hat to you. And this time, I wonder if there'll be a bid limit? Doubling down on a yes
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Post by df on Feb 1, 2019 21:02:20 GMT
You still have to ask why a man with this "net" wealth has to borrow at these rates? Just very generous, I suppose. In deed, this new loan is an opportunity for those who've missed there 118 train. Nearly half million extra at 14% for grab - very generous. I'll give this one a miss, I'm already in 5 "F" loans up to my limit, but if 119 is slow filling I will reinvest my returns in it as they come.
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Post by Badly Drawn Stickman on Feb 1, 2019 21:03:26 GMT
And this time, I wonder if there'll be a bid limit? Doubling down on a yes I suspect that's a pretty safe bet after the last one. Seems I was the only one surprised it went so quickly, I had it hanging around for days. Maybe the answer really is in most of (the many) others trading at a premium. Whats that old saying, never mind the quality feel the width.
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Post by df on Feb 1, 2019 21:23:45 GMT
I suspect that's a pretty safe bet after the last one. Seems I was the only one surprised it went so quickly, I had it hanging around for days. Maybe the answer really is in most of (the many) others trading at a premium. Whats that old saying, never mind the quality feel the width. I wasn't surprised, SM is a very powerful guide.
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Post by Badly Drawn Stickman on Feb 1, 2019 22:16:44 GMT
I suspect that's a pretty safe bet after the last one. Seems I was the only one surprised it went so quickly, I had it hanging around for days. Maybe the answer really is in most of (the many) others trading at a premium. Whats that old saying, never mind the quality feel the width. I wasn't surprised, SM is a very powerful guide. I agree, but it was fairly obvious that the more loans added the less attractive they would all become, they are already dipping another 500K could well move them negative. Obviously I might just be playing mind games.
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blender
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Post by blender on Feb 1, 2019 22:53:58 GMT
The more new loans, the more they are able to pay the interest on the existing ones. It's when they become hopelessly over-geared and cease to be creditworthy that you have to worry, and should appreciate the wonders of the SM.
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