markr
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Post by markr on May 10, 2018 14:57:57 GMT
For some reason, in my old account, the bidbot is only buying me a single £100 part of new loans on the PM, even though this is less than 0.5% of my total, and it's buying up tiddly bits on the SM for me, so that for the last week or so my uninvested funds hasn't climbed much above £20 - just like the old days! Meanwhile, my ISA account which I've recently added to is busily buying 0.5% chunks.
I wonder if this is a new policy for fully invested accounts to pick stuff up as-and-when rather than waiting for there to be 0.5% funds available. If so, nice one FC, I like it, apart perhaps from the increase in SM purchases.
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benaj
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Post by benaj on May 12, 2018 7:27:18 GMT
I have been told the algorithm are optimised to maximise retrun and it will pick one good for the portfolio, hence there is a chance 0.5 unmatched money waiting to be matched.
I think there is a possibility the algorithm has been tweaked since march, current matching time is longer compared back in Dec17
I have loaded 5k in 3rd may, took 7 days to matched 2.5k, that's 34 loans from SM and 84 loans from PM.
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blender
Member of DD Central
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Post by blender on May 12, 2018 8:15:07 GMT
For some reason, in my old account, the bidbot is only buying me a single £100 part of new loans on the PM, even though this is less than 0.5% of my total, and it's buying up tiddly bits on the SM for me, so that for the last week or so my uninvested funds hasn't climbed much above £20 - just like the old days! Meanwhile, my ISA account which I've recently added to is busily buying 0.5% chunks. I wonder if this is a new policy for fully invested accounts to pick stuff up as-and-when rather than waiting for there to be 0.5% funds available. If so, nice one FC, I like it, apart perhaps from the increase in SM purchases. I think that could occur if your 0.5% is between £100 and £120. The max part on the PM is £100. The min part is still £20, I believe.
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markr
Member of DD Central
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Post by markr on May 12, 2018 12:52:01 GMT
My 0.5% is just over £200, so until recently it has been buying me 2x£100 (plus a little bit). When I could be bothered, I'd try to get the sellbot to sell one of them for me, to increase diversification, but now it seems I don't have to! I suspect that they may have reduced the threshold to 0.25% for fully-invested accounts.
Hmm, yesterday it bought me £180 of one loan, as a £100 and a £80 part, so less than 0.5% but more than 0.25%. Also, my available funds right now is £43.09, but the last transaction on my statement is an SM purchase of £21.16. Something has definitely changed recently!
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