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Post by Harland Kearney on Mar 13, 2018 19:25:56 GMT
Sorry if this question has already been asked guys & girls; but do you get a bonus if I'm adding money just to the Cash Account? Or do I need to invest into loans/ directly into the QAA. Also, I am so glad I withdrew 10k two days before the bonus date, otherwise this Emoji would be very accurate actualisation of my mood  Thanks, |
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Mar 13, 2018 19:37:00 GMT
Sorry if this question has already been asked guys & girls; but do you get a bonus if I'm adding money just to the Cash Account? Or do I need to invest into loans/ directly into the QAA. Also, I am so glad I withdrew 10k two days before the bonus date, otherwise this Emoji would be very accurate actualisation of my mood Thanks, No, you'll need to move into QAA or one of the other investment accounts. Maybe you already have your settings to automatically sweep cash into QAA.
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Post by df on Mar 13, 2018 21:05:40 GMT
Yes, I think it is as simple as that. I'm thinking of parking some cash in 30-Day for the duration of this bonus. 5.25% for low risk sounds attractive. Low risk? It does have a better reputation than most but this is absolutely nowhere near a bank which is low risk. Of course, but I consider bank/BS accounts as no risk (as long as you don't have more than 85k in each). With this view, I think it is reasonable to regard AC's QAA and 30-Day accounts as low risk.
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Post by GSV3MIaC on Mar 13, 2018 21:16:19 GMT
.. and as long as you accept losing ~2.5%+ every year to inflation .. which I guess is 'no risk', since it is a racing certainty.
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Post by crabbyoldgit on Mar 13, 2018 21:33:25 GMT
I accrued interest on 12 03 2018 and it's set to reinvest, so I would expect by now unless the hamster has given up and gone off to bed with exhaustion before getting to me, to have something in the 1% fund box. But nothing , not a single famed fero pence. Am I alone or is this a hamster versus crab thing, or more likely i misunderstand the system, if so please enlighten.
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Post by df on Mar 13, 2018 22:05:44 GMT
.. and as long as you accept losing ~2.5%+ every year to inflation .. which I guess is 'no risk', since it is a racing certainty. It is a racing certainty and affects everyone to some degree, but it has very little impact on me, so I tend to ignore this factor.
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Post by df on Mar 13, 2018 22:12:08 GMT
I accrued interest on 12 03 2018 and it's set to reinvest, so I would expect by now unless the hamster has given up and gone off to bed with exhaustion before getting to me, to have something in the 1% fund box. But nothing , not a single famed fero pence. Am I alone or is this a hamster versus crab thing, or more likely i misunderstand the system, if so please enlighten. If it is set to reinvest, it doesn't mean it is reinvested.
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jonah
Member of DD Central
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Post by jonah on Mar 13, 2018 22:23:46 GMT
I accrued interest on 12 03 2018 and it's set to reinvest, so I would expect by now unless the hamster has given up and gone off to bed with exhaustion before getting to me, to have something in the 1% fund box. But nothing , not a single famed fero pence. Am I alone or is this a hamster versus crab thing, or more likely i misunderstand the system, if so please enlighten. I have the same issue. Various interest payments, all swept into QAA or actually in loans in packaged or MLA but still @ 0 on the extra 1% counter.
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dc848
Posts: 150
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Post by dc848 on Mar 13, 2018 22:43:12 GMT
The T&C's refer to 'new' money - perhaps it doesnt trigger against interest received/reinvested until you input 'new' funds from outside - just a thought.
Though Chris did say earlier in the thread the first run was going to be a real long run.
More clarity required it seems.
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oldgrumpy
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Post by oldgrumpy on Mar 13, 2018 22:43:34 GMT
Me too.
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dc848
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Post by dc848 on Mar 13, 2018 22:55:06 GMT
I think I'm right. Just read this bit...
Existing investors need to increase lent funds,.....
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Mar 14, 2018 0:46:59 GMT
Another with interest payments, full sweep, diddly squat showing in the bonus pot.  |
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IFISAcava
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Post by IFISAcava on Mar 14, 2018 1:03:20 GMT
The T&C's refer to 'new' money - perhaps it doesnt trigger against interest received/reinvested until you input 'new' funds from outside - just a thought. Though Chris did say earlier in the thread the first run was going to be a real long run. More clarity required it seems. AFAIU it's new money invested, so interest reinvested counts
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IFISAcava
Member of DD Central
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Post by IFISAcava on Mar 14, 2018 1:05:34 GMT
I think I'm right. Just read this bit... Existing investors need to increase lent funds,..... Lent funds, so relent interest counts. My figure in the bonus box is a few pounds up, thus including interest.
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Post by crabbyoldgit on Mar 14, 2018 4:04:39 GMT
Well as of today my total invested is £22 up on the A.C. declared start figure for the 1% fund, but nowt is in the pot.Ok today's run will not have happened yet, but something is wrong, either the hamster is dead or maybe it can't see swept funds in the qaa. Can't sleep worried about all that interest i may be adrift, every fero pence helps.  |
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