|
|
Post by GentlemansFamilyFinances on Sept 20, 2018 15:58:41 GMT
I have about 5-15% invested at any one time.
It's nice that you can move money in/out depending on cashflow.
I mainly use Abundance, Funding Circle, Ratesetter + drawing down on ThinCATS & ZOPA. I'm not too interested in the new kids on the block.
|
|
st182
Posts: 27
Likes: 11
|
Post by st182 on Oct 9, 2018 12:49:32 GMT
I'm new to p2p, I'm in for 2% to dip in my toe, quite enjoying it at the moment for a change so plan to up that to 5% in the next 12 months, then re-assess.
|
|
|
|
Post by failedtheturingtest on Oct 17, 2018 7:44:25 GMT
5%. For me, P2P is 'mad money', my main investments are in stock index funds (72%) and bond funds (23%), geographically and sectorally highly diversified.
|
|
elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
|
Post by elliotn on Oct 17, 2018 7:54:17 GMT
100% (excluding cash).
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Oct 17, 2018 8:47:22 GMT
About 80% (excluding cash), but about a third of that is still in FC, which doesn't really count. Fortunately we have sufficient pensions to live ok and little debt, otherwise it would be much lower.
|
|
|
|
Post by queenvictoria on Oct 18, 2018 5:59:04 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 80 ? Are you sure this is a good age to plan on, especially if you mother is 92? I'm working on the basis that my wife will outlive me by 10 years and she will live til she's 100 then she's die nearly broke.
|
|
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 Oct 18, 2018 18:20:11 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 80 ? Are you sure this is a good age to plan on, especially if you mother is 92? I'm working on the basis that my wife will outlive me by 10 years and she will live til she's 100 then she's die nearly broke. You are better not having much in old age it costs £3K a month for my mum to stay in a home. Luckily she had funds that I manage to make sufficient to pay without drawing down capital. If she had nothing then council pays. I’m going to get state pension in a few years at 66 even if I draw down from my cash and get new “ RIO” mortgage I woul expect 20 years of being able to enjoy reasonable good health. I would still have a reasonable amount of capital. My goal is to die with zero in capital other than the £20K for my funeral.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,315
Likes: 11,523
|
Post by ilmoro on Oct 18, 2018 18:47:38 GMT
80 ? Are you sure this is a good age to plan on, especially if you mother is 92? I'm working on the basis that my wife will outlive me by 10 years and she will live til she's 100 then she's die nearly broke. You are better not having much in old age it costs £3K a month for my mum to stay in a home. Luckily she had funds that I manage to make sufficient to pay without drawing down capital. If she had nothing then council pays. I’m going to get state pension in a few years at 66 even if I draw down from my cash and get new “ RIO” mortgage I woul expect 20 years of being able to enjoy reasonable good health. I would still have a reasonable amount of capital. My goal is to die with zero in capital other than the £20K for my funeral. Crikey, the inflation on evisceration, embalming and mummification. Sure it was a couple of shekels when you were first deified 😁 PS Warning: reminder to anyone who follows him on here. You get the same treatment as someone will need to listen to his wisdom in the afterlife.
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Oct 25, 2018 19:05:33 GMT
Careful ilmoro. With two heads you run the risk of your combined soul(s) being heavier than a feather, and going the way of the beast. If the pig really is just resting or nestling, I hope it flies off first.
|
|
|
|
Post by queenvictoria on Oct 26, 2018 16:40:10 GMT
80 ? Are you sure this is a good age to plan on, especially if you mother is 92? I'm working on the basis that my wife will outlive me by 10 years and she will live til she's 100 then she's die nearly broke. You are better not having much in old age it costs £3K a month for my mum to stay in a home. Luckily she had funds that I manage to make sufficient to pay without drawing down capital. If she had nothing then council pays. I’m going to get state pension in a few years at 66 even if I draw down from my cash and get new “ RIO” mortgage I woul expect 20 years of being able to enjoy reasonable good health. I would still have a reasonable amount of capital. My goal is to die with zero in capital other than the £20K for my funeral. You are right that long term care is expensive. My mum lived in a care home for the last 12 months of her life and it cost almost £60,000. She had the best 12 months she could conceivably have had given she was almost 90 and she was very frail. She had her own room with en-suite, she was able to have a shower every morning and she was able to eat what she wanted. She was very, very well cared for. If she had been in council funded care she would have had a commode by her bed and would have been lucky to get a shower once a week. She would have been one of 10 residents to 1 member of staff rather than 4:1 in the home she lived in. You get what you pay for. I, for one, will be trying to make sure that there is enough in our pot for my wife and I to be able to afford our last couple of years in private care if we need it. If not for ourselves then for our kids who will have to witness it.
|
|
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 Oct 26, 2018 21:27:23 GMT
You are better not having much in old age it costs £3K a month for my mum to stay in a home. Luckily she had funds that I manage to make sufficient to pay without drawing down capital. If she had nothing then council pays. I’m going to get state pension in a few years at 66 even if I draw down from my cash and get new “ RIO” mortgage I woul expect 20 years of being able to enjoy reasonable good health. I would still have a reasonable amount of capital. My goal is to die with zero in capital other than the £20K for my funeral. You are right that long term care is expensive. My mum lived in a care home for the last 12 months of her life and it cost almost £60,000. She had the best 12 months she could conceivably have had given she was almost 90 and she was very frail. She had her own room with en-suite, she was able to have a shower every morning and she was able to eat what she wanted. She was very, very well cared for. If she had been in council funded care she would have had a commode by her bed and would have been lucky to get a shower once a week. She would have been one of 10 residents to 1 member of staff rather than 4:1 in the home she lived in. You get what you pay for. I, for one, will be trying to make sure that there is enough in our pot for my wife and I to be able to afford our last couple of years in private care if we need it. If not for ourselves then for our kids who will have to witness it. It is a fate we may all face someday. Where my mum is is a good home by a river with nice gardens she has here own en-suite. Due to Scottish goernment paying for personal care it means she can afford the best by topping up. She is electronically monitored with movment sensors in the room should she get confused and get up. They try to get her to get up every day and socialise and they arrange outings.
Uunfortunately she has deterioated and is barely aware of her surroundings or who people are. In her lucid moments she just says she no longer wishes to live and has a living will requesting DNR. Unfortunately she has a pacemaker that may prevent her getting the peace she deserves.
I watched a doumentary on dying and it was comforting in that what we think is distress is not the perception of rhe dying person nature has it covered.
|
|
|
|
Post by queenvictoria on Oct 26, 2018 23:08:08 GMT
You are better not having much in old age it costs £3K a month for my mum to stay in a home. Luckily she had funds that I manage to make sufficient to pay without drawing down capital. If she had nothing then council pays. I’m going to get state pension in a few years at 66 even if I draw down from my cash and get new “ RIO” mortgage I woul expect 20 years of being able to enjoy reasonable good health. I would still have a reasonable amount of capital. My goal is to die with zero in capital other than the £20K for my funeral. You are right that long term care is expensive. My mum lived in a care home for the last 12 months of her life and it cost almost £60,000. She had the best 12 months she could conceivably have had given she was almost 90 and she was very frail. She had her own room with en-suite, she was able to have a shower every morning and she was able to eat what she wanted. She was very, very well cared for. If she had been in council funded care she would have had a commode by her bed and would have been lucky to get a shower once a week. She would have been one of 10 residents to 1 member of staff rather than 4:1 in the home she lived in. You get what you pay for. I, for one, will be trying to make sure that there is enough in our pot for my wife and I to be able to afford our last couple of years in private care if we need it. If not for ourselves then for our kids who will have to witness it. godanubis. I wish you and your Mum all the very best. Old age is cruel
|
|
|
|
Post by spaetzuender on Oct 30, 2018 15:44:16 GMT
Currently 31% where 15% in long term P2P and Crowdinvestments and 85% in Bondora G&G which is nearly liquid.
|
|
corto
Member of DD Central
one-syllabistic
Posts: 851
Likes: 356
|
Post by corto on Nov 26, 2018 18:20:47 GMT
Just for curiosity: As a retail investor (is that the word?) one every now and then has to sign a declaration that one will never invest more than 10% of net assets this year and the next. Is this actually of any legal consequence?
|
|
Mucho P2P
Member of DD Central
Posts: 946
Likes: 1,635
|
Post by Mucho P2P on Dec 5, 2018 21:48:01 GMT
Just for curiosity: As a retail investor (is that the word?) one every now and then has to sign a declaration that one will never invest more than 10% of net assets this year and the next. Is this actually of any legal consequence? Yes, for the person who signs it for. If the company lose your capital, and it is over 10%, it makes it harder for you to win a legal case against them. Basically, it is tough luck on you as you lied. It is based upon the fact that you will survive with 90% of your capital if the Sxxx hits the fan. Check out the FCA client classification docs., it will explain in more detail. All docs have legal ramifications, so be careful every time you sign, rarely are they for your benefit, more for the service provider benefit.
|
|
