|
Post by timm2006 on Mar 14, 2018 20:36:23 GMT
Hi
I would very much be interested to know what other people have invested in P2P as a proportion of their overall investments.
By liquid I mean not including pensions and direct property
|
|
|
Post by carol167 on Mar 16, 2018 13:46:38 GMT
Mine is higher currently than I am happy with but that is due to increasing Zopa before the cut off point last xmas for the old account that had cover. I've also transferred in some cash ISA amounts to several other p-2-p platforms and will run down the non ISA p-2-p amounts to rebalance.
Ideally I'm aiming for a balanced 3 way split between cash (waiting for opportunities), p-2-p (currently reducing) and shares (currently increasing).
|
|
Imothep
Member of DD Central
Posts: 106
Likes: 72
|
Post by Imothep on Apr 14, 2018 22:19:04 GMT
5% for me , less than really , I’m trying to invest more but rally it’s like gambling as I don’t have a clue what I’m doing !
|
|
arby
Member of DD Central
Posts: 910
Likes: 959
|
Post by arby on Aug 24, 2018 22:13:46 GMT
Good poll. Useful to see what others have. Although people using a p2p forum are probably not representative of the whole market.... I'm at ~20% and I already feel that's quite high, but it's nothing compared to some of you!
|
|
|
Post by df on Aug 25, 2018 0:24:36 GMT
Good poll. Useful to see what others have. Although people using a p2p forum are probably not representative of the whole market.... I'm at ~20% and I already feel that's quite high, but it's nothing compared to some of you! I'm at 27%. The rest is in banks/building societies. Don't think I would want to have more than 30% outside FSCS zone. Sometimes it is tempting to get better return by increasing p2p pot, but I'm not much of a gambler.
|
|
gareot
Member of DD Central
Posts: 75
Likes: 63
|
Post by gareot on Aug 26, 2018 7:12:48 GMT
I'm at approx 30% & reducing.The rest divided between funds, s&s, cash Isa's, interest current acc's & Premium bonds. Although I have to admit that I have been putting more & more into my pp lately ( I don't know whether it's the right thing but I do get 20% cashback )
|
|
|
Post by Deleted on Aug 28, 2018 10:49:03 GMT
Gosh you guys are way brave, I have an upper limit of 5% which I struggle to maintain. I also prefer the sort of returns I can make from more traditional financial investments.
|
|
Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Aug 28, 2018 23:29:07 GMT
What traditional other than being a landlord in cheap property areas gives 15%-20% equivalents I currently get in overall in various P2P?
|
|
|
Post by loadsamoney on Aug 29, 2018 6:43:46 GMT
30% and reducing here, too. Was 50% at maximum. P2P income kept us afloat for a few years while I waited for my pension (and had no other income); now I don't really need it. Given my age, and the economic uncertainty, my timeline isn't long enough to reliably achieve meaningful growth from S&S (and S&S were the only investments that ever lost me money so far). Right now, I think cash is king. Every time I claw back £5000, I stick it in a 1-year bond, and I'll reassess yon side of the cliff edge glorious, brave new post-Brexit world.
I've decided that, while I have quite enough money to get by, I don't have enough to risk enough to earn enough to pay for the time I spend managing and worrying about P2P investments.
I'm always amused by the rubric 'Don't invest money you can't afford to lose'. If I could afford to lose £10000, I don't see how I'd be in need of £100pm (assuming I invest at 12%, which these days is the equivalent of gambling on acid). If I lost £10000, it would take another £10000 8 years to earn it back. Besides which, in terms of diversification, I'd want at least 100 equal loans. The most I could ever manage with L (when times were good) was 20, and the record keeping on 100 loans (never mind D/D) would be a full time job.
My rules these days are:
1) Preserve capital. 2) Avoid tax (legally, of course). 3) Only risk enough to earn enough to keep the bottom line slightly ahead of inflation.
Some people get a buzz out of gambling for its own sake. I don't.
|
|
m2btj
Member of DD Central
Posts: 626
Likes: 749
|
Post by m2btj on Aug 29, 2018 6:46:11 GMT
What traditional other than being a landlord in cheap property areas gives 15%-20% equivalents I currently get in overall in various P2P? I have a fairly diversified investment bag including property but find it difficult to beat my average returns in P2P.
|
|
m2btj
Member of DD Central
Posts: 626
Likes: 749
|
Post by m2btj on Aug 29, 2018 7:23:09 GMT
30% and reducing here, too. Was 50% at maximum. P2P income kept us afloat for a few years while I waited for my pension (and had no other income); now I don't really need it. Given my age, and the economic uncertainty, my timeline isn't long enough to reliably achieve meaningful growth from S&S (and S&S were the only investments that ever lost me money so far). Right now, I think cash is king. Every time I claw back £5000, I stick it in a 1-year retail bond, and I'll reassess yon side of the cliff edge glorious, brave new post-Brexit world. I've decided that, while I have quite enough money to get by, I don't have enough to risk enough to earn enough to pay for the time I spend managing and worrying about P2P investments. I'm always amused by the rubric 'Don't invest money you can't afford to lose'. If I could afford to lose £10000, I don't see how I'd be in need of £100pm (assuming I invest at 12%, which these days is the equivalent of gambling on acid). If I lost £10000, it would take another £10000 8 years to earn it back. Besides which, in terms of diversification, I'd want at least 100 equal loans. The most I could ever manage with L (when times were good) was 20, and the record keeping on 100 loans (never mind D/D) would be a full time job. My rules these days are: 1) Preserve capital. 2) Avoid tax (legally, of course). 3) Only risk enough to earn enough to keep the bottom line slightly ahead of inflation. Some people get a buzz out of gambling for its own sake. I don't. Every time I claw back £5000, I stick it in a 1-year retail bond, and I'll reassess yon side of the cliff edge glorious, brave new post-Brexit world.Retail Bonds carry their own risks & offer no protection from FSCS.
|
|
|
Post by loadsamoney on Aug 29, 2018 7:45:44 GMT
Good catch, m2btj . Didn't mean 'retail'. I meant the cosy, FSCS eiderdowned kind. 2%+ is fine by me, considering our household inflation rate (which I calculate very accurately) is less than that. That's my rule No. 4, BTW: 4) Aggressively reduce outgoings without impacting standard of living!!!! (Call me Mr Micawber, if you will) It's amazing what you can do when you are time rich. FWIW, my overall financial model at present is: FSCS protected: 70% 30 day liquidity: 25% 365 day liquidity: 50% Effective overall earnings rate: 4% Excess of income over expenditure: £3000pm
|
|
Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Aug 29, 2018 8:48:34 GMT
Thanks to the pension freedoms I managed to retire seven years early I have to wait for the good old age pension or as we like to say state pension doesn’t sound so final, my concern is how much do you spend I have £108,000 mortgage cost me £135 a month. I could pay it back but that money is making me £1200 a month ie £1065 on the mortgage company money.
The main problem is how long are you going to live and be able to enjoy your money. I have taken this to be 80 and planned accordingly that gives me about 17 years not a lot when you say out loud where I just down down on my capital Would give me a very good living and then the state pension kicks in in a few years.
If you want to help the kids give them the money as a loan to be paid in 10 years so that you can both get the benefit.
If I was waiting for money from my mother I’ve had a long wait she is still going strong at 92
Life is full of uncertainties enjoy it as much as you can now keep enough to be secure because life passes ever so quickly
|
|
|
Post by Deleted on Aug 29, 2018 10:01:07 GMT
What traditional other than being a landlord in cheap property areas gives 15%-20% equivalents I currently get in overall in various P2P? well I certainly do better than P2P on FAANGs and well selected Funds which would tend towards 15%, but I'm very comfortable with S&S (retired at 50 so I'm time rich). I also think you need a mix to manage the good times as well as the bad.
I have a belief that people need to do the whole IFA analysis to find out what sort of investor you are and monitor it regularly. I wish everyone luck with whatever feels right for them.
|
|
|
Post by mattygroves on Sept 2, 2018 11:28:47 GMT
What traditional other than being a landlord in cheap property areas gives 15%-20% equivalents I currently get in overall in various P2P?
I managed 18% in 2017 with a fairly geographically balanced mix of individual shares, managed funds and a couple of trackers. The majority is ISA wrapped (having been built over a number of years) so that is tax free. Best fund performance was my Japan fund which returned 38% over the year. Some individual shares lost value over the year (but most delivered at least some dividend) but none of my funds or trackers. I tend to take a long term view and only rebalance the portfolio once a year so it takes very little time on my part.
I enjoy my P2P investments but I only risk money I can easily afford to lose and is only about 2% of my total liquid investments. Any more would take too much time and effort on my part and the capital risk is more than I'm willing to take.
At least with the stock market I've always got instant liquidity (if I need it) and even with the worst crash there is still a chance of the capital recovering with dividends continuing in the meantime. The only total loss I've had is my Carillion shares and my total Zopa losses are more than that (but then I've been in Zopa for 10 years).
It is each to his own and I'm definitely not as brave as some of you.
|
|