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Post by khampson on Oct 19, 2016 10:00:00 GMT
Hi, I am totally new here and would like some help, does Mt have an auto bid option and how quickly can I get money invested, via autobid or secondary market, I take it there is a bidding process to invest? And does the secondary market have much liquidity to sell loans if required?
Thanks Keith
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pom
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Post by pom on Oct 19, 2016 10:05:23 GMT
Hi, I am totally new here and would like some help, does Mt have an auto bid option and how quickly can I get money invested, via autobid or secondary market, I take it there is a bidding process to invest? And does the secondary market have much liquidity to sell loans if required? Thanks Keith Worth investing yes. Suitable for you, not really - completely manual, SM generally v liquid with not much avail for long
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fp
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Post by fp on Oct 19, 2016 10:10:14 GMT
No auto-bid, just a case of being online when loans are released, larger loans take 24 hours and 1 minute to fill, smaller ones can fill in a few minutes.
SM is pretty liquid, 12/13% loans will sell in a matter of minutes, i've never waited more than 5 or 10 minutes for a 10% loan to sell.
The best way to spread your bets is to pre-fund your account on days when big loans are due, there are always people reducing their holdings or selling in preparation for the new loan coming online at 4pm. I've managed to get a decent sum invested in around 20 loans in the two months or so i've been using it
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Post by MoneyThing on Oct 19, 2016 10:18:13 GMT
Morning,
For your interest.
In terms of lenders who have registered with us in the last 30 days, the largest lender holding (registered on the 29th September), is just under £60,000 invested across 11 loans.
Kind regards,
Ed
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pom
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Post by pom on Oct 19, 2016 10:30:07 GMT
Morning, For your interest. In terms of lenders who have registered with us in the last 30 days, the largest lender holding (registered on the 29th September), is just under £60,000 invested across 11 loans. Kind regards, Ed Interesting... but unfortunately it still isn't going to be what Keith wants p2pindependentforum.com/thread/6836/deposit-forget-peer-account Guess he didn't like our recommendations.
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Post by MoneyThing on Oct 19, 2016 10:34:31 GMT
Morning, For your interest. In terms of lenders who have registered with us in the last 30 days, the largest lender holding (registered on the 29th September), is just under £60,000 invested across 11 loans. Kind regards, Ed Interesting... but unfortunately it still isn't going to be what Keith wants p2pindependentforum.com/thread/6836/deposit-forget-peer-account Guess he didn't like our recommendations. I see. Admittedly, at the moment MT is not really suited to those that wish to invest & forget. However, we do have some ideas on this front post-authorisation. Kind regards, Ed.
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keystone
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Post by keystone on Oct 19, 2016 12:21:18 GMT
Morning, For your interest. In terms of lenders who have registered with us in the last 30 days, the largest lender holding (registered on the 29th September), is just under £60,000 invested across 11 loans. Kind regards, Ed Interesting stat, do you have an average holding and the average number of loans held that you are allowed to disclose?
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Post by MoneyThing on Oct 19, 2016 13:34:29 GMT
Morning, For your interest. In terms of lenders who have registered with us in the last 30 days, the largest lender holding (registered on the 29th September), is just under £60,000 invested across 11 loans. Kind regards, Ed Interesting stat, do you have an average holding and the average number of loans held that you are allowed to disclose? Sure. 58.2% of our 2,101 registered lenders are currently invested in at least one loan. Thus, average holding per lender is c. £8,500 (min. £1, max. £645k). Regards, Ed.
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stevio
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Post by stevio on Oct 19, 2016 14:17:34 GMT
Interesting stat, do you have an average holding and the average number of loans held that you are allowed to disclose? Sure. 58.2% of our 2,101 registered lenders are currently invested in at least one loan. Thus, average holding per lender is c. £8,500 (min. £1, max. £645k). Regards, Ed. I am definitely not the £645k investor! Any takers for MT's best customer? 
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oldgrumpy
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Post by oldgrumpy on Oct 19, 2016 14:33:23 GMT
Not Tudor Night? (cryptic)
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Post by khampson on Oct 19, 2016 14:42:54 GMT
Morning, For your interest. In terms of lenders who have registered with us in the last 30 days, the largest lender holding (registered on the 29th September), is just under £60,000 invested across 11 loans. Kind regards, Ed Interesting... but unfortunately it still isn't going to be what Keith wants p2pindependentforum.com/thread/6836/deposit-forget-peer-account Guess he didn't like our recommendations. Hi I did appreciate your recommendations but after looking at the markets I have come to the conclution to get a better rate I will need to invest a little time, I have signed up to MT and will be drip feeding the account with funds and I will just bid small amounts on each loan as it becomes available, I spoke with MT and they we very helpful. Keith
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pom
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Post by pom on Oct 19, 2016 14:51:09 GMT
Hi I did appreciate your recommendations but after looking at the markets I have come to the conclution to get a better rate I will need to invest a little time, I have signed up to MT and will be drip feeding the account with funds and I will just bid small amounts on each loan as it becomes available, I spoke with MT and they we very helpful. Keith OK  Good luck - at least with MT we get good info ahead of time on new loans and they always start bang on time so you can easily plan.
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pom
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Post by pom on Oct 19, 2016 14:58:54 GMT
Sure. 58.2% of our 2,101 registered lenders are currently invested in at least one loan. Thus, average holding per lender is c. £8,500 (min. £1, max. £645k). Regards, Ed. I am definitely not the £645k investor! Any takers for MT's best customer? Nope! But on the bright side I'm quite sure I have a much more diverse/balanced portfolio than they do 
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Jeepers
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Post by Jeepers on Oct 19, 2016 15:09:36 GMT
Whilst we're on the subject of interesting stats, what's the age range of your investors MoneyThing? |
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Post by MoneyThing on Oct 19, 2016 15:17:02 GMT
Whilst we're on the subject of interesting stats, what's the age range of your investors MoneyThing ? 18 to 89.
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Good luck - at least with MT we get good info ahead of time on new loans and they always start bang on time so you can easily plan.
