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Post by solicitorious on Jan 29, 2015 20:31:24 GMT
Just thought I'd ask...  |
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Post by wiseclerk on Jan 29, 2015 20:35:56 GMT
According to stats the avg Saving Stream investor has invested £8,225
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Investor
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Post by Investor on Jan 29, 2015 20:42:14 GMT
According to stats the avg Saving Stream investor has invested £8,225 Possibly overall, however my graph shows the average holding at about 5.5k, although on a positive note it is going up
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Post by solicitorious on Jan 29, 2015 20:48:56 GMT
According to stats the avg Saving Stream investor has invested £8,225 Possibly overall, however my graph shows the average holding at about 5.5k, although on a positive note it is going up That would be since launch, I guess. How did you figure your graph, Investor?
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Post by mrclondon on Jan 29, 2015 21:05:28 GMT
How much are you in for in Saving Stream ?
More than I would have if AC had a more consistent throughput of new loans.
More than I would have if AC allocated me more than shrapnel in new loans.
More than I would have if AC had an instantaneous funding option.
More than I would have if TC was a more user-friendly platform.
More than I would have if more TC loans were backed with realisable asset security.
More than I would have if TC had a fee free secondary market.
More than I would have if FS had a secondary market.
Which in a roundabout way is an endorsment that SS are getting enough things about right for me to be comfortable with them holding a significant chunk of my p2p portfolio.
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star dust
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Post by star dust on Jan 29, 2015 21:27:46 GMT
How much are you in for in Saving Stream ?
More than I would have if AC had a more consistent throughput of new loans. More than I would have if AC allocated me more than shrapnel in new loans. More than I would have if AC had an instantaneous funding option. More than I would have if TC was a more user-friendly platform. More than I would have if more TC loans were backed with realisable asset security. More than I would have if TC had a fee free secondary market. More than I would have if FS had a secondary market. Which in a roundabout way is an endorsment that SS are getting enough things about right for me to be comfortable with them holding a significant chunk of my p2p portfolio. So that was the glass half empty version then!
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Investor
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Post by Investor on Jan 29, 2015 22:15:40 GMT
Possibly overall, however my graph shows the average holding at about 5.5k, although on a positive note it is going up That would be since launch, I guess. How did you figure your graph, Investor? Simply total amount currently under loan / total number of investors. Not an exact science but gives me an indication of 'investor comfort' with the platform.
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mikes1531
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Post by mikes1531 on Jan 30, 2015 0:05:30 GMT
According to stats the avg Saving Stream investor has invested £8,225 Which stats? If they're the ones on the SS homepage, the total lent will include loans made and repaid. If an investor re-invests money that comes from a repayment, then that would result in double counting. There's also another factor... How did you figure your graph, Investor? Simply total amount currently under loan / total number of investors. Not an exact science but gives me an indication of 'investor comfort' with the platform. I think this would produce a better result than the above, but there's a potential problem here as well... How do SS count their number of investors? Since there's very little info available on the website without logging in, people who are trying to decide whether or not to invest really have to sign up before deciding. Which means some of those who sign up never actually will invest anything. Should they be in the count? I would think not, but if a platform is trying to show how popular they are then I'd expect them to include everyone who ever signed up. Which brings up a related issue... Should people who join, lend a bit, then decide SS isn't for them, sell all their loan parts, and withdraw everything be included in the count? Again, I expect the platform to want to continue to count them as investors unless they actually ask to have their account closed. Which, of course, most people wouldn't bother to do. For an example of this sort of behaviour, take a look at elljay's charts of the number of Zopa members. They only ever goes up. Those totals probably include a huge number of people who applied for a lender account but never used it. Or applied for a loan but were turned down. Or who had a Zopa loan and it's now completely paid off. (elljay used to capture similar data for FS, but that stopped in Nov.'14. The shape of the charts was the same, however, ever increasing.) In short, only SS really know how many active investors they have and what their average investment is. My own guess would be that the average investment is noticeably larger than what Investor calculated.
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bugs4me
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Post by bugs4me on Jan 30, 2015 12:50:02 GMT
35 votes could hardly be called representative especially bearing in mind that the number of forum members represents a tiny minority of those actually involved in P2P lending. But that tends to apply to all forums irrespective as to whether it is P2P or not.
How many members does a platform have? - good question and no one, apart from the platform themselves really knows and then of course it depends how they 'count' their figures. Reminds me a little of Facebook - if you log in once a month then you are counted as an active user. All good on the PR front but no doubt if it suited them, (Facebook), they would start including those that only logged in every three months. Got to keep that PR spin machine working.
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Liz
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Post by Liz on Jan 30, 2015 16:11:01 GMT
I would guess only around 50% of members are active.So average invested is around £12,347.
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Post by solicitorious on Jan 31, 2015 15:09:09 GMT
The figures we have after 50 responses
Average, approx £26k
Median, approx £17.5k
That is of course from people who
i) have active and sufficient holdings to be interested in this forum
ii) have sufficient interest to take this poll
iii) are telling the truth
At any rate, I think these are more representative figures than simply dividing all-time loans by all-time number of investors.
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