Post by mattr on Jul 5, 2014 5:26:32 GMT
Newbie here, go easy.
I don't think this question has been answered elsewhere. I have already dipped my toe in the Ratesetter 5 year market. In addition I have a lump sum which I would prefer at the moment to remain accessible. The Ratesetter monthly rates are pretty good and I would be happy to see my lump sum there. However, what I would quite like to do is reinvest the capital into the monthly markets (so just roll over the contracts) and reinvest all of the interest from it into the 5 year markets (so that over time I build up my 5 year pot).
The reinvestment settings don't seem to allow this automatically, am I right? You could argue that this is a pretty arbitrary way to decide how to add to my 5 year pot. You could say I should probably just set up a regular investment order for the 5 year market. You would probably be right. But out of curiosity, is it possible with RS?
The other way in which I could see this functionality being used is actually the other way round. So a rolling capital amount which gets reinvested in the 5 year market, with the interest going into the monthly markets (for someone who wants to limit their exposure to 5 year markets but doesn't want their interest idling in a holding account).
Matt
I don't think this question has been answered elsewhere. I have already dipped my toe in the Ratesetter 5 year market. In addition I have a lump sum which I would prefer at the moment to remain accessible. The Ratesetter monthly rates are pretty good and I would be happy to see my lump sum there. However, what I would quite like to do is reinvest the capital into the monthly markets (so just roll over the contracts) and reinvest all of the interest from it into the 5 year markets (so that over time I build up my 5 year pot).
The reinvestment settings don't seem to allow this automatically, am I right? You could argue that this is a pretty arbitrary way to decide how to add to my 5 year pot. You could say I should probably just set up a regular investment order for the 5 year market. You would probably be right. But out of curiosity, is it possible with RS?
The other way in which I could see this functionality being used is actually the other way round. So a rolling capital amount which gets reinvested in the 5 year market, with the interest going into the monthly markets (for someone who wants to limit their exposure to 5 year markets but doesn't want their interest idling in a holding account).
Matt
