webwiz
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Post by webwiz on Aug 10, 2015 14:48:46 GMT
The previous poll only went up to £9k and nearly half of respondents said more than that, so we don't know how much more. Sorry to repeat the poll.
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pom
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Post by pom on Aug 10, 2015 15:50:18 GMT
Ready & able are one thing....the willing will depend on the trust structure for now..
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webwiz
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Post by webwiz on Aug 10, 2015 16:14:05 GMT
Well the revised range brackets did not work well! I have obviously seriously underestimated the amounts some people want to invest (if everyone is being honest). That may explain why the loans go so quickly.
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trevor
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Post by trevor on Aug 10, 2015 16:36:32 GMT
Considering there are a lot of single pbl investments of 5 figures I reckon the poll result could well be thruthful.
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ilmoro
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'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 Aug 10, 2015 16:37:48 GMT
I would be more interested in the average amount lenders are willing to invest in each loan as relevant to any capping debate. Have we done that one yet? I accept that this depends on the loan details, but on a standard straightforward proposition. Three months after the general election and we're all apparently desperate to vote on something (and this is cheaper than joining the Labour party & then possibly getting disenfranchised as too left or right wing)  |
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webwiz
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Post by webwiz on Aug 10, 2015 18:48:47 GMT
Three months after the general election and we're all apparently desperate to vote on something (and this is cheaper than joining the Labour party & then possibly getting disenfranchised as too left or right wing) Yes, I was thinking of doing a poll on whether or not there are too many polls.
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Post by pepperpot on Aug 10, 2015 19:52:18 GMT
Three months after the general election and we're all apparently desperate to vote on something (and this is cheaper than joining the Labour party & then possibly getting disenfranchised as too left or right wing) Yes, I was thinking of doing a poll on whether or not there are too many polls. You kinda get used to them after a while, eventually it'll be the same for the Romanians.
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adrianc
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Post by adrianc on Aug 10, 2015 21:21:04 GMT
Do we have to pay by Czech?
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sqh
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Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Aug 10, 2015 22:05:37 GMT
Do we have to pay by Czech? Only if you're an Arsenal fan.
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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 Aug 11, 2015 0:03:11 GMT
Do we have to pay by Czech? Only if you're an Arsenal fan.  
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Post by xyon100 on Aug 11, 2015 8:41:34 GMT
Ready & able are one thing....the willing will depend on the trust structure for now.. Precisely. I'm very new to the whole P2P thing and I am taking it slowly as I am still assessing true risk. I have so far taken two 10,000 chunks on SS and have around 500,000 I want to get invested anywhere other than in banks. So yes, I suspect you have underestimated just how much serious cash is floating around looking for a home.
And it's not really surprising considering I am being offered more in interest on a single 10,000 Pound risk than I am on a 100,000 sitting safely (?) in my bank.
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webwiz
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Post by webwiz on Aug 11, 2015 11:11:16 GMT
Precisely. I'm very new to the whole P2P thing and I am taking it slowly as I am still assessing true risk. I have so far taken two 10,000 chunks on SS and have around 500,000 I want to get invested anywhere other than in banks. So yes, I suspect you have underestimated just how much serious cash is floating around looking for a home.
And it's not really surprising considering I am being offered more in interest on a single 10,000 Pound risk than I am on a 100,000 sitting safely (?) in my bank.
Only 75000 is safe even in a bank. If I were you I would spread your money as thinly as possible, across platforms and across loans within platforms. In time you should be able to get, say, 50 x 10,000 then you would be able to sustain a few total losses and/or several haircuts and still be ahead of the bank option. Actually a total loss on an asset backed loan is pretty unlikely barring fraud.
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Post by savingstream on Aug 11, 2015 12:01:25 GMT
Fraud - which is why we employ the best lawyers.
Bad Valuations - which is why we only use the best valuers with comprehensive experience in short term bridging and with extensive PI coverage.
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jonno
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nil satis nisi optimum
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Post by jonno on Aug 11, 2015 12:08:24 GMT
Fraud - which is why we employ the best lawyers. Bad Valuations - which is why we only use the best valuers with comprehensive experience in short term bridging and with extensive PI coverage. All that's needed now then are some half decent IT bods and away we go 
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elgerod
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Post by elgerod on Aug 11, 2015 18:10:54 GMT
"How much do you have ready willing and able to invest?"
It may seem obvious to some, so excuse my ignorance, but is the poll asking how much on top of what we already have invested (i.e. we have ready and able) or how much altogether are we willing to invest (in SS)? I answered as if for the former.
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