benaj
Member of DD Central
N/A
Posts: 5,617
Likes: 1,741
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Post by benaj on Sept 1, 2018 17:47:32 GMT
My annualised return at the moment is 6.7% after fees and bad debt. I have turned off reinvestment in my oldest account since I can't stop picking loans from SM while newer accounts have no such issues.
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Post by Please turn me over on Sept 4, 2018 10:33:18 GMT
Captain Galactic! (The truck hits one of those things. Must have failed its loan application. )
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Post by GentlemansFamilyFinances on Sept 14, 2018 9:16:01 GMT
since most of hte repayments are at the start/end of hte month, you could sell out all your loans on the 26th of the month and reinvest again on the 3rd. You may lose out on your overall interest rate by being out of the market but you almost totally remove your risk of default. Not saying that it's a simple as that - but it's one strategy.
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Post by df on Sept 20, 2018 0:40:10 GMT
since most of hte repayments are at the start/end of hte month, you could sell out all your loans on the 26th of the month and reinvest again on the 3rd. You may lose out on your overall interest rate by being out of the market but you almost totally remove your risk of default. Not saying that it's a simple as that - but it's one strategy. My repayments are spread more or less equally throughout the month. No chance for me to remove my risk of default
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Post by Please turn me over on Oct 13, 2018 19:16:46 GMT
Extended version.
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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
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Post by Godanubis on Oct 14, 2018 1:41:14 GMT
If they spent less on advertising and more on repaying “London “ loans I’d be more impressed
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rogerthat
Member of DD Central
Posts: 2,048
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Post by rogerthat on Oct 14, 2018 10:46:42 GMT
If they spent less on advertising and more on repaying “London “ loans I’d be more impressed Ha ha...coincidence I was thinking exactly the same thing looking at this thread yesterday evening...how many millions must they have spent or committed to spend on advertising that's as far away from reality as they are ?
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adrian77
Member of DD Central
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Post by adrian77 on Oct 25, 2018 14:19:31 GMT
I employ quality tradesmen - such people don't need to advertise - you take my point!
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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
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Post by Godanubis on Oct 25, 2018 17:47:01 GMT
I employ quality tradesmen - such people don't need to advertise - you take my point! FC Investment manager with our money. link .
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Post by df on Oct 25, 2018 17:48:33 GMT
If they spent less on advertising and more on repaying “London “ loans I’d be more impressed Ha ha...coincidence I was thinking exactly the same thing looking at this thread yesterday evening...how many millions must they have spent or committed to spend on advertising that's as far away from reality as they are ? To me aggressive advertising by well established platform is an alarm. I've recently withdrawn everything available and will patiently wait for some recoveries. FC is not for me anymore.
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