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Post by westonkevRS on Jan 9, 2014 17:37:10 GMT
"Kick start 2014 with our .... and earn an average return of 5.5% or more on money you lend for up to 5 years between 9 January and 3 February 2014 throughout 2014 and beyond.....
"
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oldgrumpy
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Post by oldgrumpy on Jan 9, 2014 17:52:52 GMT
Watch out Kev! That "average " return referring to the future during and throughout 2014 might lead one to think you are giving a "projected" rate like...er....U No Hoo! Having said that, my average (5yr) throughout 2013 has been nearer 5.7%  On the other place in August before I booted them into touch, they gave me 3.85% after fees. >:DThey are panicking now, methinks.  |
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mikeb
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Post by mikeb on Jan 9, 2014 18:56:50 GMT
"Kick start 2014 with our .... and earn an average return of 5 .5% or more on money you lend for up to 5 years between 9 January and 3 February 2014 throughout 2014 and beyond..... " Chortle ... well, just make sure that "Mr Market Mover" doesn't strike again, and accidentally push it to 4.9%!
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Post by westonkevRS on Jan 9, 2014 19:50:43 GMT
Oh, and did I mention that the market rate (5.5%) is what you get. There are no fees on this return, it's fixed once placed without uncertainty and protected with a provision fund with over 180% coverage.
Why lend elsewhere (apart from perhaps Assetz C, Funding Circle or Abundance?).....
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gnasher
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Post by gnasher on Jan 11, 2014 14:49:33 GMT
"Kick start 2014 with our .... and earn an average return of 5 .5% or more on money you lend for up to 5 years between 9 January and 3 February 2014 throughout 2014 and beyond..... " These posts look disturbingly like marketing. I would not expect to see p2x sites marketing via this forum, they will certainly do nothing to get me to invest where I would not have otherwise done. Perhaps the reverse! This is a place to be friendly and helpful! No slick sales patter please.
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Post by mrclondon on Jan 11, 2014 15:06:40 GMT
"Kick start 2014 with our .... and earn an average return of 5 .5% or more on money you lend for up to 5 years between 9 January and 3 February 2014 throughout 2014 and beyond..... " These posts look disturbingly like marketing. I would not expect to see p2x sites marketing via this forum, they will certainly do nothing to get me to invest where I would not have otherwise done. Perhaps the reverse! This is a place to be friendly and helpful! No slick sales patter please. There is certainly a fine line to be drawn between marketing and being helpful, and the phrase "throughout 2014 and beyond ...." is perhaps a little risky. But as a clever riposte to the zopa email I think it probably made a lot of people smile.
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Post by westonkevRS on Jan 11, 2014 16:25:17 GMT
Sorry guys, I'm just having fun. Those on the email mailing list of one of our competitors will obviously see the unsubtle link. I'm clearly no marketeer and the rates obviously cannot be guaranteed. But 5.5% (and higher) have easily been achievable most weeks over the last 3 years.
I just dont understand why anyone would want to lend at an uncertain low rate with speed of dispersal at the mercy of the Great Lord Alogorithm that you'd need a PhD to understand even if it was transparent.
I just don't get it.
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gnasher
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Post by gnasher on Jan 11, 2014 18:06:30 GMT
OK, obviously absolutly nothing wrong with making people smile and having a crafty dig at competitors; but as a non Zopa member it was all lost on me (... but that is my problem and I am not complaining about that)
From my uninformed perspective this one on top of the "3.7% 1-year bond...." one seemed to be setting a trend that was uncalled for. There are representatives from other p2x sites on here that are managing to make a very good impression indeed. I suggest you take a lead from them (..... but no need to stop having fun, obviously)
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Post by westonkevRS on Jan 11, 2014 19:03:57 GMT
Arh Jeez. So depressing. Could a moderator please delete this thread and any future efforts to liven things up or alert members to profitable spikes. Thank you, Kevin.
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Post by phlitb on Jan 11, 2014 19:51:17 GMT
I don't have an account with RateSetter, but for what it's worth I hold the P2P platforms which engage with this forum in much higher regard than those who don't, and if they do so with a sense of humour then doubly so. I think it's fair to say that those who will be reading this forum will likely be amongst the more sophisticated P2P investors and hardly need protecting from the comments made by representatives such as westonkev who are clearly proud of their product. If he were to state something which is palpably false I'm sure he would be shot down in very short order.
I feel considerably more uneasy with the P2P providers which remain silent.
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Post by bracknellboy on Jan 11, 2014 21:01:48 GMT
Ok, agree with some that I occasionally think that westonkev is treading a fine line with the forum.....but as someone who doesn't get Zopa emails the allusion would have been lost on me: if it brings a smile to the faces of those that do then AOK with me. And I'd certainly like to be kept informed when rates have spiked on RS: it might make me do more with them (though I've been put off to date by the combination of two multiplying factors: inability for instant transfer and a 'push' notification of when rates have gone above a user set level. If those two were added, I might just increase my currently pitiful level in RS: which I only put there 'cos I felt that I ought to get a bit more familiar with how it worked. I guess I've got into p2x a little abnormally/reverse order: FC, TC, AC (respectively), followed by recent weeniest dabble in RS and never touched Zopa.
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duck
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Post by duck on Jan 12, 2014 6:21:57 GMT
Well I've resisted responding to this thread so far .........
As a lender with both zopa and Ratestetter and a person with a slightly subversive sense of humour (and outlook on life) I more than chortled at westonkev's original post. Yes if you don't get the zopa Emails the meaning will have been totally lost but the striking through and bolding should have shown that there was a bit of a wind up going on. Marketing it most certainly was not.
I read the zopa 'offer' carefully but decided that it did not alter my position of withdrawing funds as they become available. RS (mainly in the 5 year market) have been the 'beneficiary' of these withdrawn funds.
The reason I didn't comment earlier? Simply I hoped the thread would not go the way it has. To quote
Perhaps similar future threads - and I hope there are some - should be headed "Danger, contains humour".
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Post by uncletone on Jan 12, 2014 9:30:57 GMT
I think it's fair to say that those who will be reading this forum will likely be amongst the more sophisticated P2P investors You haven't met me, have you...?
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Post by elljay on Jan 12, 2014 10:01:54 GMT
I think it's fair to say that those who will be reading this forum will likely be amongst the more sophisticated P2P investors You haven't met me, have you...? Sssh! You'll give Apple users a bad name!
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agent69
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Post by agent69 on Jan 12, 2014 10:28:06 GMT
alert members to profitable spikes. Any chance of making it a plateau rater than a spike? I looked at Ratesetter in the middle of last year but didn't invest due to the falling rates. Things appear to have stabilised so I may be in toe dipping mode shortly.
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On the other place in August before I booted them into touch, they gave me 3.85% after fees. >:DThey are panicking now, methinks. 
