Post by sarahcount on Nov 28, 2017 20:41:36 GMT
Managing a self select P2P portfolio is a tough old game. Loans defaulting or getting stuck in long selling queues.
Then you have other loans that you're really happy with and they only go and repay.
Manchester over at MT recently and just today Hull over on FS. One that was small but which I'd been picking up on the SM whenever the chance came.
You also get the situation where you build up a holding in a good loan on FS even paying a premium sometimes only to find that the loan is closed out early and re-advertised due to a partial repayment or some such.
So now faced with having available funds sat on the platform.
Having to be strong a resist diving in and buying something else for the sake of it. Must bide my time or withdraw - although that's less desirable with a non-flexible ISA.
I suppose it's inevitable that loans with good security will repay. We want them to do it - just not so soon.
But it's increasingly difficult to find new loans as sound as the old ones, the issue of cash drag comes into play and the overall risk of loans that I'm holding on any given platform may be going up.
I enjoy the challenge and the rewards can exceed those from the so called safer platforms but sometimes it's quite a bit of work building a position just to see it knocked down.
Feel free to add your examples of unwanted repayments to this thread.
Sarah
Then you have other loans that you're really happy with and they only go and repay.
Manchester over at MT recently and just today Hull over on FS. One that was small but which I'd been picking up on the SM whenever the chance came.
You also get the situation where you build up a holding in a good loan on FS even paying a premium sometimes only to find that the loan is closed out early and re-advertised due to a partial repayment or some such.
So now faced with having available funds sat on the platform.
Having to be strong a resist diving in and buying something else for the sake of it. Must bide my time or withdraw - although that's less desirable with a non-flexible ISA.
I suppose it's inevitable that loans with good security will repay. We want them to do it - just not so soon.
But it's increasingly difficult to find new loans as sound as the old ones, the issue of cash drag comes into play and the overall risk of loans that I'm holding on any given platform may be going up.
I enjoy the challenge and the rewards can exceed those from the so called safer platforms but sometimes it's quite a bit of work building a position just to see it knocked down.
Feel free to add your examples of unwanted repayments to this thread.
Sarah
