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Post by df on Jan 23, 2018 14:35:34 GMT
Aye, UB is perfect for me. In fact it's made me question why I bother with other P2P sites, especially the higher risk ones. It is perfect for me too, but there's only so much you can invest. I've been with UB for over a year and only recently my portfolio reached over 3k.
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Post by beeje13 on Jan 23, 2018 20:01:25 GMT
Aye, UB is perfect for me. In fact it's made me question why I bother with other P2P sites, especially the higher risk ones. It is perfect for me too, but there's only so much you can invest. I've been with UB for over a year and only recently my portfolio reached over 3k. I'd be very happy that. 3k would be a high amount to me, but I feel comfortable owing to the amazing diversification level and levels of protection on offer. I have 252 loans and not one is overdue, earning an average 9.36% - Not including reinvestment. UB is unbeatable for risk adjusted return, and then it's low maintenance aswell!
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Post by df on Jan 23, 2018 21:13:59 GMT
Today: 2 loans, £5 each, both PT, one £566.50 and the other £401.60 - so that's £10. 700/700/40. £100 cash balance. Feeling privileged to be randomly picked for these two, otherwise there would be nothing on UB front today
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Post by df on Jan 23, 2018 21:30:29 GMT
It is perfect for me too, but there's only so much you can invest. I've been with UB for over a year and only recently my portfolio reached over 3k. I'd be very happy that. 3k would be a high amount to me, but I feel comfortable owing to the amazing diversification level and levels of protection on offer. I have 252 loans and not one is overdue, earning an average 9.36% - Not including reinvestment. UB is unbeatable for risk adjusted return, and then it's low maintenance aswell! It is unbeatable. If my p2p limit was 3k I wouldn't be bothered to diversify any further.
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Post by davids on Jan 27, 2018 11:15:21 GMT
May i ask how you earn an average over 9%?
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Post by dan1 on Jan 27, 2018 11:48:43 GMT
May i ask how you earn an average over 9%? Hi davids, The following factors are at play with Unbolted: Gold Trust - 0.65% pm, 7.8% annualised Provision Trust - 0.85% pm, 10.2% annualised Non-protected - up to 1.05% pm, 12.6% annualised In normal conditions the Gold Trust loans should always pay the rate advertised because the capital + interest are protected. For the Provision Trust you will lose interest where recovery is not sufficient to pay interest, only capital is protected. You should also factor in capital + interest losses from non-protected loans. There will be a small positive contribution from compounding (bi-annually unless early repayment), and a negative contribution from cash drag. I'd love to see the platform wide statistics but then again if they're good it'll encourage yet more investors to come on board
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Post by beeje13 on Jan 27, 2018 12:11:44 GMT
May i ask how you earn an average over 9%? I downloaded my loan book and simply took the mean rate of all my loans, excluding the sharia one which is 0%. I didn't worry about weighted average as the parts are so similar in size. And then multiply by 12 It will be higher in reality (excluding 'cash drag' which I don't worry about) due to reinvestment etc.
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marka
Member of DD Central
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Post by marka on Jan 27, 2018 12:55:25 GMT
If I calculate my XIRR using dates of deposit/withdrawal and today's "Total Portfolio Value" it comes out as 9.42% so pretty similar.
This includes accrued but not yet paid interest (although there have been no losses on UB as yet) and accounts for cash drag.
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Post by dan1 on Jan 27, 2018 13:01:07 GMT
If I calculate my XIRR using dates of deposit/withdrawal and today's "Total Portfolio Value" it comes out as 9.42% so pretty similar. This includes accrued but not yet paid interest (although there have been no losses on UB as yet) and accounts for cash drag. Likewise my XIRR is running at 9.6%. There have been "losses" of interest but not capital... yet.
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nush
Member of DD Central
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Post by nush on Jan 27, 2018 13:19:44 GMT
my XIRR stands at 10.02% including cash drag. unbolted is my preferred site, just wish i could get more invested
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Post by davids on Jan 27, 2018 14:06:48 GMT
ah i see, i forgot about the un-protected loans, which personally i haven't bothered with, so far.
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Post by dan1 on Feb 1, 2018 16:37:17 GMT
Business Loan (not protected) on sale.
Auto Lend has executed so I guess that means there is < £73k of Auto Lend settings for unprotected loans.
Edit: It was preceded by four big repayments £13k, £15k, £15k and £30k
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Nomad
Member of DD Central
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Post by Nomad on Feb 1, 2018 16:54:33 GMT
Business Loan (not protected) on sale. Auto Lend has executed so I guess that means there is < £73k of Auto Lend settings for unprotected loans. Edit: It was preceded by four big repayments £13k, £15k, £15k and £30k Now 11K left... No time to deposit funds...
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stevio
Member of DD Central
Posts: 2,065
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Post by stevio on Feb 1, 2018 17:00:36 GMT
Business Loan (not protected) on sale. Auto Lend has executed so I guess that means there is < £73k of Auto Lend settings for unprotected loans. Edit: It was preceded by four big repayments £13k, £15k, £15k and £30k Now 11K left... No time to deposit funds... 76% LTV
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Post by dan1 on Feb 1, 2018 17:04:48 GMT
Business Loan (not protected) on sale. Auto Lend has executed so I guess that means there is < £73k of Auto Lend settings for unprotected loans. Edit: It was preceded by four big repayments £13k, £15k, £15k and £30k Now 11K left... No time to deposit funds... I like the way this loan followed immediately after the four repayments (no surprise, this new loan is effectively a consolidation of the preceding repayments) because it favours existing lenders in those loans who would now have funds on account ready to invest.
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