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Post by bracknellboy on Jun 12, 2016 20:59:52 GMT
Yeah right. God, am I fed up bumping into surgeons and airline pilots every bloody where I go. and they are all such a bore constantly banging on about their p2p investments...oh, sorry, banging on about their lack of p2p investments.
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11025
Member of DD Central
Posts: 718
Likes: 830
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Post by 11025 on Jun 12, 2016 21:04:40 GMT
What a great track that was !
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Post by bracknellboy on Jun 12, 2016 21:13:15 GMT
MoneyThing: I like the set 16:00 time, and not because that guarantees I can always take a slice. Quite often I can't. Missed the last couple that I wanted a piece of. But at least I know when they will happen during the day. Better still, when several are happening on the same day, only one login session required. Better better still, the way MT operates at the moment it also means that you have a good time indicator of when some stuff is most likely to be available on the SM market. It all makes for a very time efficient model - when one is around. Probably for the majority of people, spreading the times during normal working hours won't make a lot of difference over time, only for those who are NEVER able to do 4pm on any day of the week for some reason. Spreading them outside of normal working hours will help some who have no access ever during those hours (job, time zones), but also potentially at risk of cutting out a larger number of others who might be e.g. travelling or doing xyz. The key as you have said is loan size and minimum bid chunck tuning to try and cover 24 hours. And that balance will be a constant variable, and possible that lender base has already grown and if not may soon do so such that you can no longer balance those except with the very largest propositions.
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,745
Likes: 3,138
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Post by jonno on Jun 12, 2016 21:16:35 GMT
Yeah right. God, am I fed up bumping into surgeons and airline pilots every bloody where I go. and they are all such a bore constantly banging on about their p2p investments...oh, sorry, banging on about their lack of p2p investments. So true, and have you heard those bloody astronauts!!
Apparently Tim Peake is going to play merry hell with Ed and the Things when he gets back.
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Post by wildlife2 on Jun 12, 2016 21:21:34 GMT
There could be another poll soon if CD finds this thread.
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Post by GSV3MIaC on Jun 13, 2016 10:41:22 GMT
Size matters.... The main cause of the FFF occurrences is due to the smaller loans OR renewal loans whereby a high percentage of lenders choose to rollover their capital (leaving a small balance). Whilst there is little we can do regarding the latter, with regards to the former, we could look at batching the smaller loans up over a period of time if people think this may help. Since we pre-fund all the loans anyway, we could hold on to the smaller loans and only release them when a few smaller ones have built up (or alongside a big one)? Just a thought... MoneyThing, I don't have a ready solution (same problem as seen elsewhere), but with (I'd guess - you know for sure) 1000 lenders chasing new loans, and a 0.5% maximum bid cap, clearly only 200/1000 are going to be satisfied. You can change the cap to 0.1% (which may put the bid sizes down into the range everyone considers shrapnel), or else you decide which 200 get lucky (FFF, lottery, whatever). Not sure that releasing several loans at once solves the problem, unless you think you can actually release enough to swamp some of the 200, or unless you apply some limit 'summed across all loans' (i.e. you can only bid on 0.1% of the total, but you can put all of that into a particular loan, and avoid getting shrapnel in all). You've been doing good, I/we just hope you can do even better.
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