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Post by red_panda on Jan 19, 2016 19:58:48 GMT
For inspiration on how it auto invest works in Assetz. It checks in order of who has the least amount invested in the loan first, then sorted on who set up the auto-invest first, so in essence it's time based. It's definitely not fair if larger accounts have the priority as it is now, forces out the smaller investor or those who chose to dip in loans they did not fully like before new ones became available. I would even go as far as to add some random factor to the algorithm.
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Post by red_panda on Jan 13, 2016 0:22:05 GMT
Auto invest is nice when it works, but not 100% reliable to act when you expect it to act. I had to manually make two investments today that clearly met the auto invest criteria, but not even stop/start and couple minutes of waiting helped.
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Post by red_panda on Jan 4, 2016 22:18:59 GMT
Hi red_panda - how are you getting on? It would be good to hear some feedback from fellow forumites. still early in, invested in two properties, not even 1 month into it... I like the low LTVs, decent interest
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Mintos
Defaults
Dec 30, 2015 10:08:30 GMT
Post by red_panda on Dec 30, 2015 10:08:30 GMT
Yes nearly 3 months repayments made yesterday, still showing 60+ overdue for some reason. The "late" status gets updated the following night as far as I believe.
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Mintos
Defaults
Dec 30, 2015 8:36:31 GMT
Post by red_panda on Dec 30, 2015 8:36:31 GMT
November payment of the tracktor loan was made, December payment almost. Looks like this loan is surviving.
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Post by red_panda on Dec 22, 2015 18:16:12 GMT
Trying out EstateGuru as part of my diversification strategy. Adding this as the 4th p2p platform for me after Saving Stream, Mintos and Twino. My income and spending is in Euros.
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Mintos
Defaults
Dec 22, 2015 18:11:48 GMT
Post by red_panda on Dec 22, 2015 18:11:48 GMT
It's because they sell very quickly. I've seen multiple times this loan being sold at 1% discount only to be bought within minutes. I sold most of my 60+ loan very quickly with a 10 percent discount. Perhaps I over sold it? Anyway, doesn't matter, not enough money to bother about. I have retained a small portion of it as suggested just to see how it goes. Still not paid. I sold mine with a 1% discount, so yep, you might have oversold. I kept 5EUR in just out of curiosity.
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Post by red_panda on Dec 18, 2015 13:50:42 GMT
I'm in these three so far, my loan investments is averaged at 1% of my total p2p investments. My income is in EUR, but I did diversify into GBP as well.
(my favorite) Mintos - EUR-based really nice platform UI, multiple loan originators, loan types: personal loans with buy back, mortgage loans, asset secured business loans, car secured loans with buy back, average p.a. interest 11-13%, liquid secondary market Twino - EUR-based lots of short-term personal loans with buy-back, average p.a. interest 13% Saving Stream - GBP-based, asset-based bridging loans, highly liquid secondary market, p.a. interest at 12%
Considering Estateguru, Investly and Viventor for further diversification.
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Mintos
Defaults
Dec 18, 2015 10:16:05 GMT
Post by red_panda on Dec 18, 2015 10:16:05 GMT
I don't see any parts offered with discount. It's because they sell very quickly. I've seen multiple times this loan being sold at 1% discount only to be bought within minutes.
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Mintos
Defaults
Dec 17, 2015 18:07:26 GMT
Post by red_panda on Dec 17, 2015 18:07:26 GMT
What makes me wonder, who would buy a part in this loan discounted at 1%, the yield to maturity will be still below 14% with a loan that's late 60+. That to me sounds like a stupid investment, unless you know what others don't know if you know what I mean...
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Mintos
Defaults
Dec 17, 2015 15:09:09 GMT
Post by red_panda on Dec 17, 2015 15:09:09 GMT
Are you guys waiting to see what happens with collection or repayment or planning to hope to sell at SM at discount? I too own a part of this loan which amounts to 1% of my total P2P investments, but still not sure if I should wait to see what happens or hope to sell at discount.
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Post by red_panda on Dec 14, 2015 21:40:21 GMT
Even if they are very broad, it still could mean none of the loans meet it. Can you share the criteria here? I'll have a quick look on the loan book.
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Post by red_panda on Dec 14, 2015 20:48:29 GMT
You can't set a minimum amount to invest, only a maximum. The minimum amount however will always be by default 10Eur. From experience it seems like auto-invest always invests the maximum amount you set, assuming you have sufficient funds and the loan has sufficient amount available.
Make sure your auto-invest portfolio has a status of Active.
If you're not getting any investments with your portfolio, it's quite likely that none of the available loans on the primary market meet the criteria you selected.
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Post by red_panda on Dec 11, 2015 0:06:56 GMT
viventor ... Are you FCA regulated? I couldn't see that you are from your site. If not, would you invest in another platform that wasn't regulated? Also if you are not FCA regulated how are you allowed to market yourselves to UK investors? Wait am I missing something? Since when do EU fintech companies need to be UK-FCA regulated to market to UK investors? UK is part of the EU, hence any EU company, whether its fintech or not can market to UK customers, that is my understanding, or am I wrong? Every EU country has its own FCA equivalent, and I'm sure viventor, mintos or twino abide by whatever regulation is imposed on them by the Latvian Financial and Capital Market Commission.
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Post by red_panda on Dec 1, 2015 11:08:55 GMT
Cool, thanks!
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