theshape
Member of DD Central
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Post by theshape on Jun 10, 2017 21:44:26 GMT
What about the property-based loan parts? What is your typical selling time, and which types/kinds are the fastest-selling ones? I don't hold any non-property loan parts on COL. My avatar is a clue, I like my shiny stuff I presume that's what you meant. I only hold a few, typically where the money from a redemption has sat around with no sign of any shiny stuff so I put it against a property loan rather than have it earning no interest.
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Post by dan1 on Jun 10, 2017 21:44:50 GMT
Do you find the hour prior to renewals 8am to 9am the best time to pick up non-property loans? I guess I'd also sell the redeeming loans if I had an idea when I could re-invest. I've usually had to keep the Collateral page open on a second screen on days where I've spent a long time online in order to catch non-property loans on the SM. I'm not certain it's the best time but there's usually some availability, and quite often in the hour following as people shuffle their portfolios.
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Post by dan1 on Jun 10, 2017 21:48:46 GMT
I don't hold any non-property loan parts on COL. My avatar is a clue, I like my shiny stuff I presume that's what you meant. I only hold a few, typically where the money from a redemption has sat around with no sign of any shiny stuff so I put it against a property loan rather than have it earning no interest. Ha! Yes, that's what I meant. I'm hesitant to park cash into any old loan, particularly property loans. I'd rather take the cash drag.
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Post by freedommmm on Jun 10, 2017 21:54:12 GMT
So has anybody sold property-based loan parts? Can someone answer?
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theshape
Member of DD Central
Posts: 153
Likes: 109
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Post by theshape on Jun 10, 2017 21:55:48 GMT
Do you find the hour prior to renewals 8am to 9am the best time to pick up non-property loans? I guess I'd also sell the redeeming loans if I had an idea when I could re-invest. I've usually had to keep the Collateral page open on a second screen on days where I've spent a long time online in order to catch non-property loans on the SM. I'm not certain it's the best time but there's usually some availability, and quite often in the hour following as people shuffle their portfolios. If you find them disappearing quicker than normal you'll wish you hadn't mentioned it . I've probably not noticed previously as 8am-9am is commuting/getting into work time and 9am-10am a busier time and/or a bit early for skiving off.
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elliotn
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Post by elliotn on Jun 11, 2017 0:50:23 GMT
So has anybody sold property-based loan parts? Can someone answer? Yes.
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n
Member of DD Central
Yet another Nick
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Post by n on Jun 11, 2017 12:14:37 GMT
...And yes *( all of my property loan parts). *Sold because I reminded myself that the reason I was with Collateral was to allow me to diversify my p2p portfolio, seek out and secure fresh asset classes and to enable me to dilute an over emphasis on property. IMO Collateral have entered the property arena too late and are currently over-reaching themselves, making their loan book top heavy, over concentrated and imprudently biased towards BIG property assets. It is also my opinion that they are at a high risk of disenfranchising those like myself who are eager to invest in 'Bling'. Only time will reveal if Collateral have acted prudently and with wisdom in making this relatively recent decision. I have a feeling property was in the plan from day 1, bling being to attract a core membership and get the ball rolling. Disappointing.
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Post by lendinglawyer on Jun 11, 2017 19:15:53 GMT
Fact is that property is where the big loans and therefore big profits are. Can't blame them for getting into it really. Seems an obvious move financially.
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sildenafil
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Post by sildenafil on Jun 24, 2017 23:08:28 GMT
HiĀ jonno , The interest calculation process runs at 11:30 pm every night and then allocates interest the next day. So if you have a part in a loan at 11:30pm you will receive interest the next day. Many thanks, Gordon Hi Collateral RepJust stumbled across this post as I noticed my interest amount doesn't correlate with the number of days held for a few loan parts I have. I believe it may be due to the fact I have purchased loan parts between 11:30pm and midnight. Just out of curiosity, why do you calculate interest at 11:30pm rather than at midnight (or 11:59:59pm)?
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Post by elephantrosie on Jun 25, 2017 8:46:05 GMT
allow time to correct any technical errors?
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elliotn
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Post by elliotn on Jun 25, 2017 8:56:19 GMT
allow time to correct any technical errors? That is a system cut-off, Collateral only pay(/check) interest in the morning for redemptions or on the 1st for outstanding loans.
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