hantsowl
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Post by hantsowl on Oct 3, 2016 9:43:52 GMT
Taken me 29 mins....using 2 devices. The only reason I know it has gone through is the automated email, and still no sign of the watch. Just relieved I checked this site and know it is not just me....was getting worried about viruses. There may actually BE a virus but on the collateral server rather than yours. Either that or the server (or local network) is unable to cope with the current load. This really needs addressing before people give up and start removing their deposits (assuming they can reach the withdrawal page of course). Now 10:43 and still no sign of the watch.
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hantsowl
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Post by hantsowl on Oct 3, 2016 9:08:18 GMT
Is it bust again? Logged on 10mins ago and then couldnt navigate anywahere, now I cant even get the login screen to load Collateral Rep Same here. Taking about 30 secs to refresh any page and unable to buy anything on the SM before it sells 😢
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hantsowl
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Post by hantsowl on Sept 29, 2016 11:22:39 GMT
If you want "hands off" and around 7-9% then look at BondMason. You give them your money and they invest around various p2p providers. This is also useful for diversification around different asset classes.[/quote] Not looked in detail yet, does it have liquid SM?[/quote] No, but the concept is totally different. You don't actually buy and sell individual loans like on SS. You give them your money and they buy the loans. You have no say in which loans. I suppose it is a bit like AC GBBA account, but with far more diversification. The only choice you have is to specify the maximum percentage in any one loan. This is probably about as "hands off" as you can get, but will not suit the more interactive lenders who get a buzz from the FFF game 😊
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hantsowl
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Post by hantsowl on Sept 29, 2016 10:44:04 GMT
i am not a person who wants to spend a lot of my time tracking stuff and evaluating every new loan opportunity so have decided SS is not for me and will stick to "easier" P2P platforms from now on and accept lower interest in return for less mental effort. You can treat SS as "hands-off". Simply set your pre-fund default, and accept that there may be times when you have a substantial cash balance on your account. The one thing you DO need to take note of is any emails telling you you have a -ve balance. Whether it's wise to do so or not is another question. There are P2P platforms that require even less hands-on, but they have their drawbacks, too - RS will give you much lower rates via MR than you could get with a little daily involvement. AC often has big funding shortfalls in the hands-off accounts, leaving you with big QAA balances. SS - well, less said about Autobiddy, the better. None of the other platforms I'm in are even as hands-off as that, I don't think. If you want "hands off" and around 7-9% then look at BondMason. You give them your money and they invest around various p2p providers. This is also useful for diversification around different asset classes.
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hantsowl
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Post by hantsowl on Sept 26, 2016 18:31:07 GMT
small piece I put up - gone in an instant (which was nice for my housekeeping efforts) but have the SS bots relocated ? That's the thing with bots... you don't have to relocate them, you just clone them... Unless they are becoming clever enough to clone themselves and migrate to different platforms. Didn't Skynet come online in the late 90's 😄
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hantsowl
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Post by hantsowl on Sept 26, 2016 18:16:17 GMT
Jewellery for me (especially gemstones). Not sure about cars which depreciate in value very quickly. For property and P2B I invest elsewhere. Undecided about art. It would be nice for diversification but I know very little about valuations.
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hantsowl
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Post by hantsowl on Sept 26, 2016 13:46:49 GMT
Look at a different example. "I want £500 of PBL126" - This was a small loan and investors allocated £60 through pre funding. Typical sales of this are £60 or less. Let's say a modest 100 people put in an order to buy. £60 becomes available. You end up buying a mere 60p. This will continue until you have many hundreds of tiny parts or you simply give up. I much prefer an even chance to grab the full £60 rather than a guarantee of many 60p bits. So drop the concept of individual parts. Let's face it, they're not really relevant - and it's not like FC, where they can never be "stuck back together" - you sell 100 x 60p parts, and there's one buyer, they have a £60 part. The 7-day-negative-balance sale ban could still be enforced. You have £60 of PBL126, of which £20 has been bought in the last seven days, so is unsellable until your negative balance is resolved. I'm not sure that you can drop the concept of individual parts. If I end up buying 60p of PBL126 over a number of different days, these will each have different interest payments at the end of the month (pro rata) and so will need to be kept as separate part loans. Yes, if I sell many of these parts they can be bought as a single larger part but I still have the problem of administering potentially hundreds of tiny parts and having to sell each individually.
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hantsowl
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Post by hantsowl on Sept 26, 2016 10:01:05 GMT
AC-style order-placing? "I want to buy £2,500 of PBL135" - £1000 comes on the market, gets shared out between those with orders, you get £100. Your order is now for £2,400. Continue until filled. Look at a different example. "I want £500 of PBL126" - This was a small loan and investors allocated £60 through pre funding. Typical sales of this are £60 or less. Let's say a modest 100 people put in an order to buy. £60 becomes available. You end up buying a mere 60p. This will continue until you have many hundreds of tiny parts or you simply give up. I much prefer an even chance to grab the full £60 rather than a guarantee of many 60p bits.
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hantsowl
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Post by hantsowl on Sept 26, 2016 9:21:18 GMT
Whilst I agree that FFF can be annoying at times (particularly when faced with multiple correct solutions), I can usually get what I want eventually. I use the distill plugin to alert me which avoids the need for constant monitoring of the queue (I just need my laptop handily placed). Bear in mind that I am only after a handful of loans, so this will take time. For a new investor wanting to build up a balanced spread of loans I think the SM on SS should work fine as is. It may be an issue with BH's who are looking for 10's of thousands in each loan, but good for Joe average. Compare that with...... Moneything: almost impossible to buy anything on the SS at the moment since nothing there and anything that appears vanishes within seconds. Collateral: you can sometimes pick up a couple of 10's of pounds of loans just prior to the 10am launch of new ones, but rarely anything there at other times (apart from the unloved bridle way of course). FS: SM loans are available, but complicated by a potential tax hit so need to be very careful about what to buy and when. AC: As mentioned above, their method can eventually result in purchase of the loans you want but can end up with schrapnel and can take a long time to fill.
Bottom line is that I think the SS SM is by far the best that I have come across and would not want to see any changes (apart from limiting the recaptcha to 1correct answer rather than multiple ones).
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hantsowl
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Post by hantsowl on Sept 21, 2016 22:15:00 GMT
Agree with others here, re: Collateral - great for diversification and a really efficient, easy-to use site. The Collateral Rep does an excellent job on here too, keeping everyone informed and answering any queries. Incidentally can someone help a newbie to the forum with terminology? FF..? FFF...? (pretty sure its nothing to do with Fernando Forestieri - a regular topic for discussion on another forum I'm also a member of! ) I agree with most comments here and am more than happy to include Fernando Foriestieri in the discussion 😀
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hantsowl
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Lendy (L) in Administration
reCaptcha
Sept 17, 2016 13:52:00 GMT
Post by hantsowl on Sept 17, 2016 13:52:00 GMT
I think it depends on the browser .. IE on any of my machines seems to always go to a reCaptcha, whereas Firefox usually lets me have 2 or 3 free goes. Maybe Google hates u-soft? I wonder if Chrome gets infinite free goes? 8>. I use chrome and no longer get any free goes. A few weeks ago I used to get a couple immediately after boot up but this does not happens anymore.
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hantsowl
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Lendy (L) in Administration
reCaptcha
Sept 17, 2016 13:48:46 GMT
MarkT likes this
Post by hantsowl on Sept 17, 2016 13:48:46 GMT
Six pages before allowing verification this morning. Is this a record? Suffice it to say, the loan had long gone. I have found a way around this. If the display asks for numbers (which can keep redisplaying) OR shows the NEXT button instead of VERIFY (which implies multiple pages) OR anything else I don't like, I simply hit the refresh icon below the pictures to get a different set. I usually end up with shopfronts but am getting used to them now. 🤓
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hantsowl
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Post by hantsowl on Sept 16, 2016 11:38:05 GMT
Odd scraps are now showing as available but the selling queue is over £1200 !!
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hantsowl
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Post by hantsowl on Sept 16, 2016 11:34:25 GMT
It did finally sell, but no idea how anyone can buy since not visible as an available loan 🤔
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hantsowl
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Post by hantsowl on Sept 16, 2016 8:47:38 GMT
I have the same problem with PBL128 now. Edit: The queue shows £1214 in front of me but NOTHING on the "available loans" page. I have phoned SS to inform them of this and they will look into it.
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