gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Oct 7, 2019 13:02:37 GMT
Clicked to go to Bondmason and got this:
Internal Server Error The server encountered an internal error or misconfiguration and was unable to complete your request. Please contact the server administrator at [no address given] to inform them of the time this error occurred, and the actions you performed just before this error. More information about this error may be available in the server error log. Apache/2.4.18 (Ubuntu) Server at ads.proboards.com Port 80
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Aug 23, 2019 18:29:03 GMT
I have 2.5 pages of outstanding payments, I haven't wanted to work it out!
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Aug 20, 2019 11:13:59 GMT
I am waiting to see the Wednesday loan.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Aug 13, 2019 15:43:58 GMT
ablrate thanks for the updates. It sounds like a nightmare both in terms of the technical issues and the structure of the loans.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jul 31, 2019 12:42:11 GMT
Having worked on building out large platforms in the past, my personal opinion is to either:
a) have simple headline figures which lead to more detailed pages. similar to what you have now.
b) allow the end user to configure the home page to their own taste.
A lot of the comments above have covered the information needed which is missing at the moment so I don't want to start listing statistics.
What I don't want to see is the Bloomberg trading platform, just enough information to see what I have, what is due and what is coming up. KISS as they say.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jun 19, 2019 18:16:58 GMT
I dipped my toe with a few shillings. Like the look of it.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jun 19, 2019 10:11:29 GMT
nw99 I think it depends on the perceived quality of the loan. I could see this going in 4-5 hours if good or 2-3 weeks if not.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jun 15, 2019 21:06:38 GMT
Nick Train keeps a fairly low profile unlike Neil Woodford and Terry Smith who both like a bit of publicity.
I've been wondering if people have been moving money from Neil Woodford funds into Nick Train funds as his LinsellTrain Investment Trust has seriously shot up this year. It was always a high performer carrying a premium of 20%-30% but is now on a premium of 86% (buy one pay double anyone?) with a share price of £1875.00 each!
Personally, I have a decent holding in Finsbury Growth and Income Trust. Nick's been good for me.
I held this a few years ago at around £900 a share. Decided it wasn't moving and sold after about 6 months. I rate him very highly, reading his monthly commentary (which you can do without owning shares) is very interesting as he doesn't always see the market conditions in the way we/I/press do.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jun 13, 2019 21:54:36 GMT
I like/liked FS when I started back in 2016. My only gripe was the 180 period to wait for repayment compared to other platforms.
I also agree with the above poster, that loan would have gone in hours a year or two ago. I think that rather than an exodus, the recycling of funds requires repayments to fund these new loans (or renewals). Unfortunately, I think a lot like me have funds tied into 300/600 day loan "defaults" which are still pending.
If they were repaying on or near time (sub 300 days) I would be more comfortable investing in new loans. As it is, I am simply removing my funds to either non-P2P or other platforms.
I have left Lendy (thankfully only £60 left in there), LendInvest (they stopped non-UK) and I am shifting from FS slowly towards only 2 real platforms.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jun 13, 2019 21:47:57 GMT
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jun 12, 2019 22:25:47 GMT
"Don't overpay" ... well, you have to correctly value a company before you know the answer to that one, don't you ! "Do nothing" ... no short term trading (which I agree with). So I would surmise that Terry is, in fact, buying value stocks. There's just a "bit more to it" than the dusty textbook value investing.
Absolutely. 100% this.
I trade 2-3 times a year and have done through good years and very bad years (2008 was in hindsight pretty funny given all the signs people ignored).
It all averages out in the end, the sky never falls, people will always panic etc. but the above two comments always always play out. Thanks for posting these @wallstreet.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jun 6, 2019 18:56:25 GMT
Hit a snag?
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jun 3, 2019 19:12:38 GMT
I was going to ask
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jun 3, 2019 15:05:34 GMT
On the repayments tab, when payments have been missed, could we please see the value of missed payments, preferably broken down into interest and capital.
This was something I was going to ask for. At present it is hard to see what the value of missing interest and capital is from the 3 pages of loans outstanding. Whilst I appreciate this is not interest paid it is still classified in my eyes as commission missed and therefore owed.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on May 24, 2019 23:15:29 GMT
I am lucky enough to have a personal investment manager who gives me a heads up on the prevailing winds.
One thing I have learned (and I am not an expert) is that panic buying/selling is always going to leave you worse off. I trade about 2-3 times a year and that is to remove over exposed stocks (recently was advised to sell F&C due to brexit impact) and pick up others which are pretty much brexit free. Check out this recommendation:
Comparing S&S to P2P is chalk and cheese. Over the long term I expect S&S to outperform anything even if there is a crash. P2P is only 14% of my portfolio but the return is aimed at 12% to take into account defaults/failed loans etc. I like P2P and will like the blockchain based P2P when it comes online. This should increase diversity and also reduce costs.
My strategy (FWIW) is to live off P2P income for a few years until my S&S hit my target then I will disappear into the sunset.
Mike
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