coop
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Post by coop on May 20, 2015 11:53:15 GMT
Just being nosey and wondered what people's annualised return is so thought I'd do a quick poll.
Hopefully the poll is fairly self explanatory; if your rate is 10.5% say then select <11% etc etc.
14.2% here at the moment for what it's worth!
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registerme
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Post by registerme on May 20, 2015 11:58:06 GMT
So mine is currently 19.6%. Which is ludicrous. Some obvious caveats include:-
Only been with FC for just over a month.
It doesn't include one loan where the company has gone into administration, but it's not considered a bad debt yet.
It's significantly skewed by cashbacks and loan part purchases on the SM.
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coop
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Post by coop on May 20, 2015 12:00:51 GMT
I mght add I've only been around since October; and yes if you do a lot of selling/buying at a premium/discount and buy loans with cashback it will affect it quite considerably!
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chrisf
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Post by chrisf on May 20, 2015 12:11:15 GMT
My weighted average of 2 accounts is 12.2%, after 2 and a bit years and over 2K in defaults. And here is the all-users version of the graph: www.fundingcircle.com/statisticsapparently only 1% of (properly diversified) users make >10% |
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huxs
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Post by huxs on May 20, 2015 12:13:19 GMT
12.7 for me since October but have only just started actively selling on the SM
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SteveT
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Post by SteveT on May 20, 2015 12:26:31 GMT
Weighted average of almost 15% across 2 accounts. My original account is still rather lower as I kicked off buying attractive loan parts on the SM to get invested quickly, which I'm now gradually selling down and so recouping the upfront premiums I paid. The more recent account is a lot higher but this is skewed by lots of CB in a relatively short time (and no SM purchases).
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fasty
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Post by fasty on May 20, 2015 12:34:45 GMT
My weighted average of 2 accounts is 12.2%, after 2 and a bit years and over 2K in defaults. And here is the all-users version of the graph: www.fundingcircle.com/statisticsapparently only 1% of (properly diversified) users make >10% I suspect that participants in this forum are certainly not typical FC users!
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sl125
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Post by sl125 on May 20, 2015 12:42:24 GMT
Quick question:
Are people quoting a return based on % of amount actually lent, or total amount with FC (including the dead money in the holding account / bidding)?
The former (which is the figure quoted by FC) is going to be significantly higher than the latter, especially if you quite a lot of funds not actually on loan.
FWIW: my annualised return based on the former is 24%, but only 13% based on the latter (the result of most of my money being in speculative bids earning no interest)
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SteveT
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Post by SteveT on May 20, 2015 12:47:55 GMT
I weighted my 2 accounts based on total funds lent, but I've less than 5% overall in bids or cash so it doesn't make a huge difference.
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sl125
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Post by sl125 on May 20, 2015 13:03:06 GMT
Stevet: that's very good going. 15% of 95% of total amount invested in FC (ie. the other 5% being in bids/holding), means your overall return of money invested in FC is 14.25%. I salute you sir!
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Post by GSV3MIaC on May 20, 2015 13:12:34 GMT
Quick question: Are people quoting a return based on % of amount actually lent, or total amount with FC (including the dead money in the holding account / bidding)? The former (which is the figure quoted by FC) is going to be significantly higher than the latter, especially if you quite a lot of funds not actually on loan. FWIW: my annualised return based on the former is 24%, but only 13% based on the latter (the result of most of my money being in speculative bids earning no interest) Ditto - not quite the same numbers, but my real annualised is almost exactly half what FC quote, since at any one time probably half my funds are doing nothing immediately useful. FWIW I stuck the 'real' IRR number into the poll, but I'm not sure everyone did the same. You can probably make 20%+ trading on the SM, if you are the owner of an appropriate bot, but I doubt you can do it on primary market auctions - just too much dead time, and rejections. Making anything over 10% almost certainly requires you to be a) a forum member and b) a diversity criminal.
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SteveT
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Post by SteveT on May 20, 2015 13:17:16 GMT
Stevet: that's very good going. 15% of 95% of total amount invested in FC (ie. the other 5% being in bids/holding), means your overall return of money invested in FC is 14.25%. I salute you sir! As I say, it's greatly skewed by my relatively new account (little more than a month old) currently showing 34%, almost wholly down to CB! Inevitably this will drift down (to perhaps 12%?) unless Autobid buying of SM parts at par picks up appreciably.
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sl125
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Post by sl125 on May 20, 2015 13:23:07 GMT
Ah, good point. Even without CB, one noticeable effect with relatively new accounts is that because it takes around 6 months for bad debts to kick-in, the annualised return looks really healthy for many months. Once the bad debts kick-in 6-9 months after your first loans are taken out, the annualised return starts to move downwards.
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oldgrumpy
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Post by oldgrumpy on May 20, 2015 13:33:40 GMT
Over three years mine is below 8%, but I'm no trader/flipper and suffered early from Death of Fresh Hair and a bit of  ap Scrap, + others over the years. Interesting that FC are still nibbling away at those two miscreants. Edit 16:00: I've just seen that my AR was 6.4% in December 2013, and is now 7.6% and my stake in Fluffy Carrots (about 650 companies) is still about the same as it was then. I don't know what my figures would be for the last 6/12/18 months (or how to calculate it). |
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SteveT
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Post by SteveT on May 20, 2015 13:37:28 GMT
Ah, good point. Even without CB, one noticeable effect with relatively new accounts is that because it takes around 6 months for bad debts to kick-in, the annualised return looks really healthy for many months. Once the bad debts kick-in 6-9 months after your first loans are taken out, the annualised return starts to move downwards. My intention on the new account (following blender's lead) is to keep little or nothing beyond 6 months, but that assumes there's a steady flow of new investment prospects...
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ap Scrap, + others over the years. Interesting that FC are still nibbling away at those two miscreants.