arby
Member of DD Central
Posts: 910
Likes: 959
|
Post by arby on Sept 17, 2018 13:50:50 GMT
On FS I typically invest a minimum of £100 in each loan I like, but on a few very select loans I've gone up to £1000 each. So up to 10 times my typical minimum. What is your scale factor? Just trying to get a feel of approaches- i.e. fixed amount no matter the loan or are you willing to push your limits for one you feel confident about?
|
|
michaelc
Member of DD Central
Say No To T.D.S.
Posts: 5,717 
Likes: 2,987
|
Post by michaelc on Sept 17, 2018 14:26:51 GMT
Interesting question!
Funnily enough when I started I was broadly similar except I also put 25 into every loan. Then the max started creeping up until I put 5k into 1061891452 which seemed (to me) at the time a dead cert. Sadly, I've also got 2.7K ish in K**t's Close - god knows what possessed me at the time!
I've now decided that diversification alone (or even at all) on FS is not my preferred strategy. I'd rather put higher amounts into better quality loans so typically 500 is my minimum, with 1000 being the max (unless I get carried away...). However, I'm also trying to reduce my exposure generally to the platform and I want to see how the recoveries progress. For the last two months or so have hardly invested in anything.
Not really a strategy (or at least not a single strategy) but that's where I am.
|
|
|
|
Post by portlandbill on Sept 18, 2018 11:20:29 GMT
About a year ago I put £25 each into about 60 loans, just to test the waters. I'm awaiting the outcome to see how much I get back before committing larger sums.
At the moment though, it looks like I could be waiting quite some time to find out what I'm going to get back.
|
|
michaelc
Member of DD Central
Say No To T.D.S.
Posts: 5,717
Likes: 2,987
|
Post by michaelc on Sept 18, 2018 13:20:45 GMT
About a year ago I put £25 each into about 60 loans, just to test the waters. I'm awaiting the outcome to see how much I get back before committing larger sums. At the moment though, it looks like I could be waiting quite some time to find out what I'm going to get back. Will be very interesting to see how that sample progresses. I hope you find time to update this thread in due course.
|
|
benaj
Member of DD Central
N/A
Posts: 5,645
Likes: 1,742
|
Post by benaj on Sept 18, 2018 20:37:10 GMT
Smallest £25, max 0.3% of all investment (p2p & non-p2p) per loan.
|
|
TheDriver
Member of DD Central
Slightly bonkers
Posts: 493
Likes: 190
|
Post by TheDriver on Sept 19, 2018 5:31:06 GMT
Typically 2%/loan, sometimes £25 just to monitor an interesting case, and up to 10% where prospects look good; unfortunately one of those was DFL002 and also have 5% in Clearwater Quays.
|
|
rambler
Member of DD Central
Posts: 69
Likes: 13
|
Post by rambler on Sept 19, 2018 9:57:13 GMT
I usually range from 1% of my FS total up to 4%. I do have one at 6% and have a few odds and ends at under 1% when I have spare funds to invest.
|
|
