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Post by petebutt43 on Oct 14, 2019 1:11:31 GMT
I pulled a statement for September and was a bit concerned to have only received 19 pounds interest, from 10000+. The platform says I am receiving 9%+. How does that compute? Are we in the Red Dwarf stage of yet another platform?
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Post by funkymonkey on Oct 14, 2019 7:26:30 GMT
Your internal rate of return on the platform is calculated over the past 18 months worth of returns
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bulletbill
Member of DD Central
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Post by bulletbill on Oct 14, 2019 15:36:53 GMT
What is this word “return”, I’m not familiar with this word.
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Post by marcusponds on Oct 14, 2019 20:20:41 GMT
Average interest rate for me since January = 3.5%
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marka
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Post by marka on Oct 15, 2019 5:25:59 GMT
I'm currently winding down my Moneything holding, but that's to raise cash for other things, rather than due to loss of faith in the platform.
My non-ISA account (which is now at zero) returned 10.9% over its lifetime - this could increase a little if/when any more recoveries are made from Birkenhead or Prestbury.
My ISA account has so far (since April 18) returned 10.8%, although this has fallen from 12.2% earlier this year mainly due to the Scottish holiday park's lack of interest payments recently. Apart from a trivial amount in Wandsworth, I only have the Scottish holding left now.
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Brainer
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Post by Brainer on Oct 16, 2019 1:23:09 GMT
I'm currently winding down my Moneything holding, but that's to raise cash for other things, rather than due to loss of faith in the platform. My non-ISA account (which is now at zero) returned 10.9% over its lifetime - this could increase a little if/when any more recoveries are made from Birkenhead or Prestbury. My ISA account has so far (since April 18) returned 10.8%, although this has fallen from 12.2% earlier this year mainly due to the Scottish holiday park's lack of interest payments recently. Apart from a trivial amount in Wandsworth, I only have the Scottish holding left now. 
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