bugs4me
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Post by bugs4me on Feb 27, 2015 22:33:50 GMT
Appreciate that MT are a new platform and no doubt working flat out but many of the loans have a relatively short shelf life before repayment is due.
Hopefully there will be a facility to auto-reinvest those repaid funds into new loans as and when they appear on the platform. Whilst playing solitaire helps the time go by on a rainy day together with the odd offering on MT, screen gazing is not really something I'm into.
So possibly this could be built in somewhere during the next platform upgrade especially as I'm sure that after today's surge, there will be more and more loan opportunities becoming available.
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Post by uncletone on Feb 27, 2015 23:02:15 GMT
Appreciate that MT are a new platform and no doubt working flat out but many of the loans have a relatively short shelf life before repayment is due. Which gives at least an indicator that interest and capital might be repaid as and when expected. Ah... but there are some of us old folk, just marking time awaiting the arrival of the Grim Reaper, who might find this a refreshing change from other opportunities which have devolved into the "park it and wait for maturity" class. I guess it's an age thing.... 
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Post by duncandive on Feb 27, 2015 23:10:59 GMT
I guess most things tend to come with Pros and Cons.. But wouldn't an 'auto-reinvest' function be unfair to any new comers to the platform.
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bugs4me
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Post by bugs4me on Feb 28, 2015 7:58:43 GMT
I guess most things tend to come with Pros and Cons.. But wouldn't an 'auto-reinvest' function be unfair to any new comers to the platform. No I don't believe it would provided MT is able to maintain the deal flow and match supply with demand. What is the killer with any platform is where the opportunities to lend/invest dry up. Then irrespective as to how long they've been around folks tend to drift away. So whether there is an auto-reinvest feature available or not - it's all down to the deal flow. There are more than a couple of examples on the forum where the discussions are minimal. That's usually due to the deal flow being minimal if anything.
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bugs4me
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Post by bugs4me on Feb 28, 2015 8:02:25 GMT
I don't believe for one moment that you're expecting the Grim Reaper to call - although it's going to happen to us all one day - hopefully though not today. 
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Post by uncletone on Feb 28, 2015 10:06:54 GMT
I'm hanging on as long as I can.  |
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oldgrumpy
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Post by oldgrumpy on Feb 28, 2015 10:34:15 GMT
LLAP is the phrase of the week. Four cheers to that!
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bugs4me
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Post by bugs4me on Feb 28, 2015 12:01:01 GMT
LLAP is the phrase of the week. Four cheers to that!
can think of a platform (or two) grumps where the 'P' bit isn't going to apply!!!
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oldgrumpy
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Post by oldgrumpy on Feb 28, 2015 12:19:36 GMT
Logic would confirm that analysis, for a while at least. One platform at least is having its judgement of what is and is not adequate asset security seriously questioned.  |
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Post by MoneyThing on Feb 28, 2015 15:57:29 GMT
LLAP is the phrase of the week. Four cheers to that!
Afternoon oldgrumpy, Excuse my ignorance, but I am going to have to ask (having tried to google it), but what does 'LLAP' stand for? Regards, Ed
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Grezza
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Post by Grezza on Feb 28, 2015 16:02:50 GMT
It must be 'live long and prosper'?
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Feb 28, 2015 16:35:04 GMT
It must be 'live long and prosper'? Thus spock Zara grezza!  daaaah-daaaah-daaaaaaaaaaaaaaaaaaaaah- DAD-Daaaaaaaaaaaaaaaaaaaaaaaaaaaa! rumble .............................>>> BOOM-BOOM-BOOM-BOOM-BOOM-BOOM- BOOOM-BOOOOM
I need a cup of tea  couldn't remember how many booms were required.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Feb 28, 2015 18:36:44 GMT
It must be 'live long and prosper'? Thus spock Zara grezza! daaaah-daaaah-daaaaaaaaaaaaaaaaaaaaah- DAD-Daaaaaaaaaaaaaaaaaaaaaaaaaaaa! BOOM-BOOM-BOOM-BOOM-BOOM-BOOM- BOOOM-BOOOOM
I need a cup of tea couldn't remember how many booms were required. Now I have disturbing mental images of you beating the ground with a banana  . Yes think your a few BOOMs shorti!
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chrisf
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Post by chrisf on Feb 28, 2015 18:55:41 GMT
I thought MoneyThing was a very promising P2P platform but I must admit I have lost confidence after discovering that Ed didn't know what LLAP stood for. Maybe I'll head back to my old favourite FC to have a read through the loan comments on my defaults. Oh OK then, I'll just see what all these new MoneyThing loans going up on Monday morning are like....
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Feb 28, 2015 21:05:19 GMT
Thus spock Zara grezza! daaaah-daaaah-daaaaaaaaaaaaaaaaaaaaah- DAD-Daaaaaaaaaaaaaaaaaaaaaaaaaaaa! BOOM-BOOM-BOOM-BOOM-BOOM-BOOM- BOOOM-BOOOOM
I need a cup of tea couldn't remember how many booms were required. Now I have disturbing mental images of you beating the ground with a banana . Yes think your a few BOOMs shorti! Yep! I missed out four booms the rumble and the final WHACK! That concept of me beating hell out of the ground with a banana is awe inspiring. I wonder if MGM would allow some whizz-kid to "tamper" a little with that scene"!  Attachments:
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couldn't remember how many booms were required.
. Yes think your a few BOOMs shorti!
