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Post by df on Jun 16, 2018 4:23:19 GMT
Not sure why some of you talk about 'suited' or not. The fact I fight for every penny (and ask the same to my providers) does not mean I am not successful in investments or that I am scared about them... My average return on S&S is over 10% per year and this is over 10+ years, pretty constant. Also my average return on P2P to be honest has been good, over 10% per year on average over 7 years (10% YS, 9.3% FC, 12% LY, 11% FS, 12% Coll, just some examples ... only on MT I am below 5%...). I am not interested in 'safe' investments. I am interested in committed parters/platform carers that will fight for every pound of recovery as if from that recovery depended their own business existence (and definitely I don't see that aggressive thinking in someone who does not consider useful renegotiating huge fees because this is what the market asks for...). If P2P does not offer this level of involvement anymore, as I start feeling everywhere today (perhaps due to its popularity and lower need to care about lenders), then S&S is definitely the best option (I invest in specific market segments after long research, avoiding as much as possible usa and also uk). Let's hope MT have more success in this recovery. V envious of your 12% on Coll, I’m still waiting to find out if I achieved anywhere near 0%. Coll could be a success story for someone who sold out and quit last summer.
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averageguy
Member of DD Central
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Post by averageguy on Jun 16, 2018 8:57:07 GMT
Thanks, I will send the Maid to tell the Butler to nip out and inform the Gardeners to ensure they water the vegetable plot. You've done quite well for an idiot
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GeorgeT
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Post by GeorgeT on Jul 23, 2018 13:22:12 GMT
A fantastic overall outcome which puts the majority of investors well into the profit zone once they have factored in their interest. I'm very satisfied.
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jlend
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Post by jlend on Jul 23, 2018 13:28:59 GMT
A fantastic overall outcome which puts the majority of investors well into the profit zone once they have factored in their interest. I'm very satisfied. Yep. Good work from the administrator in managing the business so that it could be sold as a going concern some time ago now. That has helped secure this positive outcome.
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Carter
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Post by Carter on Jul 23, 2018 13:29:16 GMT
Disgraceful isn't it!
I'll take that, and you never know perhaps further recovery action will yield fruit down the line.
My gripe with MT on this one was their management during the loan term rather than the default period. One of the reasons I'm withdrawing from MT.
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archie
Posts: 1,838
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Post by archie on Sept 4, 2018 7:48:01 GMT
Vat reclaim now processed, further distribution later this week.
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Post by Butch Cassidy on Sept 4, 2018 8:12:56 GMT
Vat reclaim now processed, further distribution later this week. According to updates should be around £160-175k against an outstanding £225k; Overall could have been a lot worse, so well done MT for achieving a pretty decent outcome.
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GeorgeT
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Post by GeorgeT on Sept 7, 2018 11:33:21 GMT
Vat reclaim now processed, further distribution later this week. Its Friday. I'm starting to get excited....
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archie
Posts: 1,838
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Post by archie on Sept 7, 2018 12:50:12 GMT
Vat reclaim now processed, further distribution later this week. Its Friday. I'm starting to get excited.... Experience suggests it might be wise to remain calm at this stage.
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GeorgeT
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Post by GeorgeT on Sept 7, 2018 15:23:21 GMT
Slight delay - funds now expected on Monday (10th).
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boundah
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Post by boundah on Sept 7, 2018 16:50:58 GMT
Slight delay - funds now expected on Monday (10th). [cough] Great, that'll happen then.
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carolus
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Post by carolus on Sept 10, 2018 16:55:06 GMT
Slight delay - funds now expected on Monday (10th). [cough] Great, that'll happen then. O ye, of little faith!
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boundah
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Post by boundah on Sept 10, 2018 16:58:16 GMT
[cough] Great, that'll happen then. O ye, of little faith! I humbly swallow my cough.
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GeorgeT
Member of DD Central
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Post by GeorgeT on Sept 10, 2018 16:58:53 GMT
Yes, it's more good news. Capital recovery will now stand at an awesome 96.8%.
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cwah
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Post by cwah on Sept 10, 2018 17:13:06 GMT
thegrumbler obviously not suited to you then. The stock market can drop a lot more than 10%. The best safe option at the moment is a 1 year bond at 2.05%. Hey!!! Don't you dare talk of stock market drops, S&S is the only thing propping up my P2P investments!!! What's s&s?
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