Investor
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Post by Investor on Jun 28, 2016 12:22:05 GMT
Blimey, so far I haven't suffered even a flesh wound. I was expecting far more passion and radical ideas, perhaps the fans just don't care any more, or, haven't finished crying in their beer yet!!........at the end of the day I got 17/2 on a Iceland win so am extremely happy with the effort and commitment shown by the England team. They have, in effect, just paid for me to convert one of the barns into a 3 bed cottage.
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Investor
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Likes: 590
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Post by Investor on Jun 28, 2016 11:55:20 GMT
Would be good for confidence to see the amount of loans on the secondary market decrease markedly before more new loans are pre-funded. Hopefully this will happen at the end of the week when £1m+ of interest hits user accounts. Providing of course we don't have any new loans come up before then !! Although anyone switched on will actually not wait until Friday but will start buying today and tomorrow (depending on how far you are willing to push the system) and allow INPL to clear their debt when SS do the interest run on Friday. Anyone waiting until they have done the reconciliation on Friday will have missed out on the better opportunities available at the moment which will have been snapped up now by people who understand the system better.
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Investor
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Lendy (L) in Administration
4% more
Jun 27, 2016 20:13:22 GMT
Post by Investor on Jun 27, 2016 20:13:22 GMT
My shares have gone up 1% overall each day since brexit. Why bother with saving stream's 1% a month when I'm getting 1% a day? There are some positives to a falling GBP. Can't see any pitfalls in basing my investment plans on a 2 day sample of events!! With a reasonable sum on Iceland to win at 17/2, I may be able to beat that in the next 45 minutes
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Investor
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Post by Investor on Jun 27, 2016 13:31:34 GMT
Money on loan is around 105 million. Loans on sm are reported as being around 4 million. Obviously nobody wants to buy the defaulted property, or anything very overdue. However if everyone of us increased our investment by 4% the sm would be cleared of the backlog. Impossible, I know. "Can't we get you on Mastermind, Geraldine? Next contestant - Geraldine 1210 from P2PIF. Special subject - the bleedin' obvious."
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Investor
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Post by Investor on Jun 27, 2016 12:28:08 GMT
Hi, cooling_dude , thanks a lot for the index. You have no idea how phenomenally more useful it would be (to me, at any rate), if the Loan ID were consistently in the form PBLnnn (or DFLnnn) -- e.g. PBL097 instead of PBL97. But I imagine that would be a lot of work?.... No; not a lot of work, and I will get on with it now... You know, I'm not entirely sure why (before loans got to the 100s mark) this forum negated the 0 when talking about SS loans; I always thought it was a censorship issue ( part of not naming and shaming) but most just included the 0 in their posts anyway, and now it's the only way to refer to post 100 loans. Maybe a veteran of the forum can shed some light on the above (I note that ilmoro negated the 0 on his own update page...). Edit - Done Originally the loans did not have a leading zero when released by SS. Savingstream changed this sometime around when the T's and C's were updated. If memory serves everything prior to around PBL59 was originally launched without the zero
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Investor
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MoneyThing (MT) in Administration
Web suggestions
Jun 26, 2016 14:21:29 GMT
Post by Investor on Jun 26, 2016 14:21:29 GMT
Yes - will very much be a polite request if any automated scripting builds up to a level that presents near DDoS problems. The clause is just there in case, however there is more than enough capacity at the DB and server level to be far from any levels of concern at the moment. Regards, Ed. I had deliberately tagged Ed on that post originally, in case of any concerns, either for copyright perspective or from a load point of view. That said, the way that script is set up, it uses Firefox to load a single webpage once per hour. Hopefully that isn't a service problem Big, big fan of jonah 's page. Although have wondered whether the scrape would be more useful at 5 mins to the hour rather than 15 minutes past. Just to capture info around SS at midnight
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Investor
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Post by Investor on Jun 25, 2016 12:37:49 GMT
fwiw, I prefunded pbl119 at £5000 but was allocated £4500. Thanks for the info, updated
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Investor
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Post by Investor on Jun 25, 2016 9:59:06 GMT
Just gone live - got the full £300 I asked for. 751 investors. Investor , I don't think PBL119 has yet appeared on your invaluable pre-funding info list. PBL119 was the first new SS loan I didn't pre-fund since the system was brought in and, judging by the 751 figure, others look to have opted out too. This was nothing to do with the security (its recent history seems largely irrelevant to me). Instead it was because: a) I'm not inclined to increase my total SS stake currently (hovering just into 6 figures) b) the loans that I'd ordinarily have reduced a bit to buy into this new one had large SM queues, so it was pointless looking to sell them c) the rest of my loans (the majority) either were better holds than PBL119 or also had significant SM queues Clearly the current SM overhang won't stop savingstream from filling smaller loans (sub £2m maybe) but I think it's likely to prove a significant headache when the next big one (or clutch of linked small ones) appears. The first million or 2 will fill easily enough but the remainder will be reliant on SS's own capital and/or underwriters (including "smaller underwriters" if cashback is added). The solution? Either significantly accelerate the recruitment of new lenders to the platform, which may prove tricky / expensive in these "uncertain times" (and isn't helped by the SM giving the appearance that existing lenders are heading for the exit) or re-balance the flow of new loan launches vs existing loan repayments. A few chunky repayments will clear most / all of the SM overhang in no time so I reckon it's time for SS to send round the boys with the baseball bats for a friendly chat with some of their "serial extenders" Thanks for the nudge SteveT. Was a bit tied up with some other stuff that was going on yesterday, won't bore you with the details. Have now completed based on everyone getting 100% with 5.5k left over, wasn't in this one myself so if anyone has any better guesses please let me know.
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Investor
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Post by Investor on Jun 24, 2016 21:38:38 GMT
Hi Investor - Thanks for your table updates. I may be missing something but the prefund amounts for pbl116 and 118 differ from my allocations. I prefunded £3000 for each of pbl116-118 and was allocated £3000, £1100 and £3000 respectively. Thanks goldservice. Was unable to find any info on these ones so have updated them to your figures.
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Investor
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Post by Investor on Jun 23, 2016 23:03:05 GMT
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Investor
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Post by Investor on Jun 17, 2016 14:20:00 GMT
With over £2M on the SM and another £2M of loans this Saturday, barring a loan repayment soon, it looks like the SM will remain full till interest payments at the end of the month. Interest is only expected to be ~£1M, so even that may not clear the SM Totting up 5 mins ago there was £3.4M (inc red box) on there Poor 'totting' skills I'm afraid!
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Investor
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Post by Investor on Jun 16, 2016 10:32:50 GMT
Oh the joy and happiness opening a packet of these.. Followed by the pain and sadness when you get 'not another <insert your own expletive here> Ray Wilkins'
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Investor
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Post by Investor on Jun 15, 2016 14:23:08 GMT
Very impressed so far - will you be able to keep it up as the size increases? Anyone else having a Frankie Howerd moment
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Investor
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Post by Investor on Jun 15, 2016 11:38:38 GMT
I certainly didn't get 100%. I think I got 26% on 110, 44% on 111 and 38% on 112 assuming I remembered my pre-fund amounts correctly. (Other loans I didn't participate in or were below £1m.) Edit: For those who want to do the sums and know how much I'm pre-funding, the £ amounts I was allocated on the above loans were £2,600, £2,200 and £1,900 respectively. Maybe they were bottom-up? Can anyone else confirm? Yep, bottom up slab system. I got similar amounts to you but with different percentages, e.g one of these we got exactly the same amount even though our PF's were different by a factor of 4
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Investor
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Post by Investor on Jun 15, 2016 11:12:43 GMT
Look like Saving Stream used the 'original' bottom up slab system for this, if you remember the original Pyramid document.
Just trying to update the Pipeline info but obviously doesn't make much sense
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