jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Jun 21, 2017 16:09:41 GMT
I've been with Unbolted since the very early days and had built up a reasonable portfolio of loans. But over time and particularly recently the investment in new and renewed loans is significantly less than repayments reducing my overall investment level.
I do use Autolend but am not prepared to leave ever increasing amounts on the platform earning nothing and am not sure this would make any difference anyway; I think it's just a case of more investors chasing fewer loans.
I did ask Ashwin some time ago re "protecting" rollover amounts and he said they were considering it, but nothing has transpired.
Anyone else suffering this portfolio "death by a thousand cuts"?
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r00lish67
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Post by r00lish67 on Jun 21, 2017 16:16:16 GMT
I'm coming at this from the other end, having registered just last week. Autolend is occasionally doling out £6.50 parts to me at a rate of about 1 a day and then diligently e-mailing me to inform me of such, whilst the rest of my money sits there. My overwhelming feeling is 'meh'.
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Jun 21, 2017 16:23:45 GMT
I'm coming at this from the other end, having registered just last week. Autolend is occasionally doling out £6.50 parts to me at a rate of about 1 a day and then diligently e-mailing me to inform me of such, whilst the rest of my money sits there. My overwhelming feeling is 'meh'. Ah. So it's your fault 
Seriously, a valid point. Clearly Unbolted's strategy threatens to pee off both new and established investors 
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Post by dan1 on Jun 21, 2017 16:25:34 GMT
I've been with Unbolted since the very early days and had built up a reasonable portfolio of loans. But over time and particularly recently the investment in new and renewed loans is significantly less than repayments reducing my overall investment level.
I do use Autoloan but am not prepared to leave ever increasing amounts on the platform earning nothing and am not sure this would make any difference anyway; I think it's just a case of more investors chasing fewer loans.
I did ask Ashwin some time ago re "protecting" rollover amounts and he said they were considering it, but nothing has transpired.
Anyone else suffering this portfolio "death by a thousand cuts"? This a familiar story across the passive P2P space. Just think of increased fees & min investment on BM, reduced rates and increasing time to lend on GS, and very low rates on RS, closing doors to new investors on Z, to name but four! It's inevitable given the growth in investor base and limited supply of new loans - it will only get worse over the summer months I guess. The only lever you have is to up your auto-lend limit but that requires you to hold more cash and risks you getting an allocation you're not comfortable with. Alternatively, spend time looking out for the small loans not put through auto-lend. Btw, not pleased to see your tagline - I'm still traumatised by that day in May 1984 "do I not like that"
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Jun 21, 2017 16:35:41 GMT
I've been with Unbolted since the very early days and had built up a reasonable portfolio of loans. But over time and particularly recently the investment in new and renewed loans is significantly less than repayments reducing my overall investment level.
I do use Autoloan but am not prepared to leave ever increasing amounts on the platform earning nothing and am not sure this would make any difference anyway; I think it's just a case of more investors chasing fewer loans.
I did ask Ashwin some time ago re "protecting" rollover amounts and he said they were considering it, but nothing has transpired.
Anyone else suffering this portfolio "death by a thousand cuts"? This a familiar story across the passive P2P space. Just think of increased fees & min investment on BM, reduced rates and increasing time to lend on GS, and very low rates on RS, closing doors to new investors on Z, to name but four! It's inevitable given the growth in investor base and limited supply of new loans - it will only get worse over the summer months I guess. The only lever you have is to up your auto-lend limit but that requires you to hold more cash and risks you getting an allocation you're not comfortable with. Alternatively, spend time looking out for the small loans not put through auto-lend. Btw, not pleased to see your tagline - I'm still traumatised by that day in May 1984 "do I not like that" Hope you're not suggesting that there was anything wrong with Gray's fantastic bullet header out of Sherwood's hands!! Anyway you got to keep our hallowed anthem. Still love to hear it when you run out. Sacked any managers lately?
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n
Member of DD Central
Yet another Nick
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Post by n on Jun 21, 2017 16:46:52 GMT
Opened my account a year ago and now have nearly 15K invested. That's a bit more than I have managed to get on Abl in 20 months without taking bites I would be uncomfortable with.
I guess it all depends on how much you are trying to get invested.
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Post by dan1 on Jun 21, 2017 16:52:35 GMT
Sacked any managers lately?
What are you insinuating  Only 8 managers in 5 years under the Pozzos. RIP GT
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jonno
Member of DD Central
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Post by jonno on Jun 21, 2017 16:56:03 GMT
Opened my account a year ago and now have nearly 15K invested. That's a bit more than I have managed to get on Abl in 20 months without taking bites I would be uncomfortable with. I guess it all depends on how much you are trying to get invested. That's interesting Nick. I had around 20K invested around 12 months ago but it is now just over 15K like you. I have a £600 Autoloan limit. Is that my problem? although I never get anything close to that. Of course I have the legacy issue of higher, older ,renewed loans being repaid. You may run into this problem in the future.
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n
Member of DD Central
Yet another Nick
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Post by n on Jun 21, 2017 17:28:51 GMT
Opened my account a year ago and now have nearly 15K invested. That's a bit more than I have managed to get on Abl in 20 months without taking bites I would be uncomfortable with. I guess it all depends on how much you are trying to get invested. That's interesting Nick. I had around 20K invested around 12 months ago but it is now just over 15K like you. I have a £600 Autoloan limit. Is that my problem? although I never get anything close to that. Of course I have the legacy issue of higher, older ,renewed loans being repaid. You may run into this problem in the future. My Autoloan limit is £400 at the moment although it was lower up until about 3 months ago. I keep my cash topped up to about £500 so there is some drag there. I don't recall ever getting as much as £100 automatically, but sometimes £70 - £90 - normally much less. I try to grab 2 or 3 hundred from buy-now if I am quick enough. I expect you are right about my repayments starting to ramp up.
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ding
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Post by ding on Jun 21, 2017 17:33:20 GMT
Good/Bad thing about this forum is I look at the recent posts a few times a day (agh addicted). So I saw mention of twinkley things here! Really you should keep the secret and not post to this board You can work out how many people are doing the auto-bid - will only get worse. Smaller and smaller parts for all. Sorry to add further to your dilution. Love Unbolted P.S. new people please don't join the site. Smells very bad..... |
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
Likes: 945
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Post by stub8535 on Jun 21, 2017 19:42:54 GMT
I've been with Unbolted since the very early days and had built up a reasonable portfolio of loans. But over time and particularly recently the investment in new and renewed loans is significantly less than repayments reducing my overall investment level.
I do use Autolend but am not prepared to leave ever increasing amounts on the platform earning nothing and am not sure this would make any difference anyway; I think it's just a case of more investors chasing fewer loans.
I did ask Ashwin some time ago re "protecting" rollover amounts and he said they were considering it, but nothing has transpired.
Anyone else suffering this portfolio "death by a thousand cuts"? Yes. I have started moving money in and out to maintain a balance that I rough calculate to give me my desired sum in most reasonable sized loans. Itching to find out what the team is developing next. Watching with interest how they handle the defaults list. I like the updates and management comment columns as they give an indication about whats going on. If only other p2p sites were as up front.
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jonno
Member of DD Central
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Post by jonno on Jun 21, 2017 21:15:47 GMT
Sacked any managers lately?
What are you insinuating Only 8 managers in 5 years under the Pozzos. RIP GT Sorry, I've been out for about four hours; wondered if you've sacked anyone in the meantime? 
By the way, I love your club, but a bit worried about the way it's being run. BUT you are in the Premier League so is that ok?
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Post by df on Jun 22, 2017 13:22:55 GMT
Unbolted currently doesn't offer its investors an interest earning 'par' SM which may help even out individual loan allocations thereby help alleviate future dashboard account 'cash variations'. Loans to borrowers tend to range up to 6 months. Too short for Unbolted to offer it's investors a SM? rito I don't feel like I need any SM there. I'm very happy with Unbolted as it is. If I ever need cash I can just turn off auto-invest; but even if I'm desperate for cash, Unbolted won't be the one I will be withdrawing from.
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Ukmikk
Member of DD Central
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Post by Ukmikk on Jun 22, 2017 16:21:56 GMT
SM would be good, increased loan flow even better. Feels very slow at the moment.
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Post by df on Jun 22, 2017 18:57:54 GMT
I've been with Unbolted since the very early days and had built up a reasonable portfolio of loans. But over time and particularly recently the investment in new and renewed loans is significantly less than repayments reducing my overall investment level.
I do use Autolend but am not prepared to leave ever increasing amounts on the platform earning nothing and am not sure this would make any difference anyway; I think it's just a case of more investors chasing fewer loans.
I did ask Ashwin some time ago re "protecting" rollover amounts and he said they were considering it, but nothing has transpired.
Anyone else suffering this portfolio "death by a thousand cuts"? Yes. I have started moving money in and out to maintain a balance that I rough calculate to give me my desired sum in most reasonable sized loans. Itching to find out what the team is developing next. Watching with interest how they handle the defaults list. I like the updates and management comment columns as they give an indication about whats going on. If only other p2p sites were as up front. I've registered about 6 months ago and haven't had any default yet. How well are they handling them? I guess it is relatively easy with this type of security as opposed to SME's and property? I like Unbolted, it ticks most boxes for me. There is some cash drag, but the rates are good enough to cover for it. It has been completely stress free for me so far, which I value most.
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Only 8 managers in 5 years under the Pozzos. RIP GT
