benaj
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Post by benaj on Mar 15, 2019 21:00:33 GMT
My new investment created earlier just got its first loan, but my 7th investment had 1 loan repaid and had cash waiting in the queue.
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Post by df on Mar 16, 2019 1:08:17 GMT
I added well over thousand a few days ago in 3 lots and most of it has been invested. I did split it into parts no bigger than £150. His £2000 was one investment, Perhaps that’s the problem I split each £1000 into at least 8 parts. That's interesting, my troublesome investments are the larger size ones, £500 and £1000 in my case. Have you tried to sell and reinvest in £100 chunks? That might do the trick. All my investments are £100 and I don't suffer from cash drag.
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Post by Ace on Mar 16, 2019 8:02:40 GMT
That's interesting, my troublesome investments are the larger size ones, £500 and £1000 in my case. Have you tried to sell and reinvest in £100 chunks? That might do the trick. All my investments are £100 and I don't suffer from cash drag. No, I haven't tried that yet because there was also a feeling that investment age might be the key, so don't want to try it now just in case I've now passed through the troublesome age stage. I'll try it next time one of the investments has more than 30% uninvested. Does anyone have the problem with £100 chunks?
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benaj
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Post by benaj on Mar 16, 2019 8:25:57 GMT
Have you tried to sell and reinvest in £100 chunks? That might do the trick. All my investments are £100 and I don't suffer from cash drag. No, I haven't tried that yet because there was also a feeling that investment age might be the key, so don't want to try it now just in case I've now passed through the troublesome age stage. I'll try it next time one of the investments has more than 30% uninvested. Does anyone have the problem with £100 chunks? I prefer investment size at least £200+ for more control.
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Ukmikk
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Post by Ukmikk on Mar 16, 2019 10:38:47 GMT
Hmmm, interesting. Thanks for the updates guys. Like you Ace, I have 5 x £100 investments from August which have been problem-free and rarely more than a tiny % uninvested. My more recent investments are the troublesome ones - 5 x £1k. So the question is.. is size important? Do smaller investment sizes result in less cash drag or is the age of the investment the dominant factor? I think I will be patient just a little longer but then may try breaking up my 60% uninvested dog into smaller chunks and see how that works out. Welendus is certainly entertaining, if thats the right word. Thanks again all.
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Post by Badly Drawn Stickman on Mar 16, 2019 10:58:07 GMT
Hmmm, interesting. Thanks for the updates guys. Like you Ace , I have 5 x £100 investments from August which have been problem-free and rarely more than a tiny % uninvested. My more recent investments are the troublesome ones - 5 x £1k. So the question is.. is size important? Do smaller investment sizes result in less cash drag or is the age of the investment the dominant factor? I think I will be patient just a little longer but then may try breaking up my 60% uninvested dog into smaller chunks and see how that works out. Welendus is certainly entertaining, if thats the right word. Thanks again all. I suspect while people are still happily throwing money in their direction the investment model will stay the same. Which is a shame, far more flexibility is needed for lenders with regards to moving funds around, and at some point making sensible withdrawals of interest. Its an easy fix but currently why would they bother.
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benaj
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Post by benaj on Mar 16, 2019 11:01:19 GMT
May be it was a mini tide, now my unallocated has increased to 1.3%. £100 investment size theory is a interest one, I had it once when I first started in WLU, but after trial of a month, I didn't like it. It's interesting to know df getting more than 12% over 1 year period even the investment size is kept to £100, I thought it wouldn't be possible. The weird thing that bugs me in the allocation algorithm is there are a few occasions small allocation of my investment compared to large multiple ones from the same investors when my investment has enough cash waiting.
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Ukmikk
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Post by Ukmikk on Mar 16, 2019 11:05:12 GMT
Agreed @village Idiot, improvements are needed but there is little incentive for W to make them at the moment. I certainly have no plans to invest further as things are.
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Post by df on Mar 16, 2019 11:23:59 GMT
May be it was a mini tide, now my unallocated has increased to 1.3%. £100 investment size theory is a interest one, I had it once when I first started in WLU, but after trial of a month, I didn't like it. It's interesting to know df getting more than 12% over 1 year period even the investment size is kept to £100, I thought it wouldn't be possible.The weird thing that bugs me in the allocation algorithm is there are a few occasions small allocation of my investment compared to large multiple ones from the same investors when my investment has enough cash waiting. Why not? It should work if there was no or minimum cash drag and chunks lent at higher end rates. I don't think the size matters.
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markyg61
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Post by markyg61 on Mar 16, 2019 15:23:49 GMT
7 x £500 investments and 0p to 3p available in each ! Happy days
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Post by Ace on Mar 16, 2019 16:04:33 GMT
7 x £500 investments and 0p to 3p available in each ! Happy days Would you care to tell whether you've suffered from any cash drag recently (during the past month) and how long you've had the investments?
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markyg61
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Post by markyg61 on Mar 16, 2019 17:25:04 GMT
7 x £500 investments and 0p to 3p available in each ! Happy days Would you care to tell whether you've suffered from any cash drag recently (during the past month) and how long you've had the investments? Started mid Nov 18. In that time I've had two periods of no new loans and got upto 25% cash drag on the sums at the time. 26/1/19 - 13/2/19 and then 23/2/19 - 13/3/19. However, in that time I have been gradually adding to the total investment.
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benaj
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Post by benaj on Mar 16, 2019 18:43:22 GMT
Why not? It should work if there was no or minimum cash drag and chunks lent at higher end rates. I don't think the size matters. I started WLU with £100, after 43 days, I earned 58p, trasnlating to 4.8% XIRR. I thought the poor performance was to do with the chunk size, but I was a newbie and didn't understand how WLU works, especially to the decimal places. However, I am glad to know it's possible to achieve 12% even with £100 investment size.
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michaelc
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Post by michaelc on Mar 17, 2019 18:47:35 GMT
That's interesting, my troublesome investments are the larger size ones, £500 and £1000 in my case. Have you tried to sell and reinvest in £100 chunks? That might do the trick. All my investments are £100 and I don't suffer from cash drag. Might give it a go but doing it a few hundred times could be tedious! Maybe that is by design....
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benaj
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Post by benaj on Mar 17, 2019 22:18:01 GMT
My new investment created earlier just got its first loan, but my 7th investment had 1 loan repaid and had cash waiting in the queue. Today is Day 3 since I started the new investment of £200, so far only 40% invested. all the other investments 0 p available.
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