hazellend
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Post by hazellend on Nov 23, 2018 14:52:49 GMT
I've been doing a bit of thinking about my asset allocation recently.
I'm overweight in P2P at about 30% and thinking about bringing it down, a lot, maybe to 0%.
P2P has been really good to me, and I have been able to utilise full starting rate for savings and personal allowance, at one point getting 3k / month income.
I have also been lucky, whilst I have some loans in default, nothing too bad, apart from Collateral where I have 100k tied up 2 senior tranches which is an unkown entity at the moment.
In the beginning, it was fun. I had loans paying 14 - 18% over the years and never had one of these default (but saw some poor suckers buy into loans with the same business later down the line at half the rate on another site, and lose all their money e.g. BK on Crowdstacker). I haven't seen a loan I really like in ages, and to be honest can't really be bothered anymore. At my current level of assets, coupled with need to diversify into individual loans, it is starting to feel like picking up pennies in front of a steam roller.
I'm sort of hoping equites are heading into a bear market so that I can gradually rebalance as and when loans repay .
My new asset allocation may well end up being 100% equities in Vanguard All World ETF (I have a good DB pension plan as well).
We'll see how the land lies in a years time. Good luck to everybody and remember not to get stressed, and be nice to each other F F S !
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picnicman
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Post by picnicman on Nov 23, 2018 16:37:19 GMT
I've been doing a bit of thinking about my asset allocation recently. I'm overweight in P2P at about 30% and thinking about bringing it down, a lot, maybe to 0%. P2P has been really good to me, and I have been able to utilise full starting rate for savings and personal allowance, at one point getting 3k / month income. I have also been lucky, whilst I have some loans in default, nothing too bad, apart from Collateral where I have 100k tied up 2 senior tranches which is an unkown entity at the moment. In the beginning, it was fun. I had loans paying 14 - 18% over the years and never had one of these default (but saw some poor suckers buy into loans with the same business later down the line at half the rate on another site, and lose all their money e.g. BK on Crowdstacker). I haven't seen a loan I really like in ages, and to be honest can't really be bothered anymore. At my current level of assets, coupled with need to diversify into individual loans, it is starting to feel like picking up pennies in front of a steam roller. I'm sort of hoping equites are heading into a bear market so that I can gradually rebalance as and when loans repay . My new asset allocation may well end up being 100% equities in Vanguard All World ETF (I have a good DB pension plan as well). We'll see how the land lies in a years time. Good luck to everybody and remember not to get stressed, and be nice to each other F F S ! - I do not know whether you are in the BK loan on Crowdstacker, but I am one of those 'poor suckers' you refer to. A bit disappointed as you are one of those whose posts I always read with interest. For balance, this loan has only recently gone into administration and has just started going through the process of recovery for which there are significant assets which when sold (we will have to wait and see of course!!) which hopefully result in a significant return, if not all of capital invested - it is certainly at this stage far from the 'lose all their money' that you imply and I would not compare CS to some of the other platforms that are under severe scrutiny by investors on the forum. Whatever, I am sorry that you are 'leaving' and sincerely hope that recoveries on your significant investments are returned in full as soon as possible. - best wishes for your future investing wherever it may lie. Cheers P
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hazellend
Member of DD Central
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Post by hazellend on Nov 23, 2018 16:42:56 GMT
I've been doing a bit of thinking about my asset allocation recently. I'm overweight in P2P at about 30% and thinking about bringing it down, a lot, maybe to 0%. P2P has been really good to me, and I have been able to utilise full starting rate for savings and personal allowance, at one point getting 3k / month income. I have also been lucky, whilst I have some loans in default, nothing too bad, apart from Collateral where I have 100k tied up 2 senior tranches which is an unkown entity at the moment. In the beginning, it was fun. I had loans paying 14 - 18% over the years and never had one of these default (but saw some poor suckers buy into loans with the same business later down the line at half the rate on another site, and lose all their money e.g. BK on Crowdstacker). I haven't seen a loan I really like in ages, and to be honest can't really be bothered anymore. At my current level of assets, coupled with need to diversify into individual loans, it is starting to feel like picking up pennies in front of a steam roller. I'm sort of hoping equites are heading into a bear market so that I can gradually rebalance as and when loans repay . My new asset allocation may well end up being 100% equities in Vanguard All World ETF (I have a good DB pension plan as well). We'll see how the land lies in a years time. Good luck to everybody and remember not to get stressed, and be nice to each other F F S ! - I do not know whether you are in the BK loan on Crowdstacker, but I am one of those 'poor suckers' you refer to. A bit disappointed as you are one of those whose posts I always read with interest. For balance, this loan has only recently gone into administration and has just started going through the process of recovery for which there are significant assets which when sold (we will have to wait and see of course!!) which hopefully result in a significant return, if not all of capital invested - it is certainly at this stage far from the 'lose all their money' that you imply and I would not compare CS to some of the other platforms that are under severe scrutiny by investors on the forum. Whatever, I am sorry that you are 'leaving' and sincerely hope that recoveries on your significant investments are returned in full as soon as possible. - best wishes for your future investing wherever it may lie. Cheers P I thought the CS loan was unsecured, hope they can recover investors funds!
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picnicman
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Post by picnicman on Nov 23, 2018 16:53:26 GMT
hazellend - we will see in due course - as before and very sincerely, all the best for the future. Cheers P
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IFISAcava
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Post by IFISAcava on Nov 23, 2018 17:22:04 GMT
hazellend - I do not know whether you are in the BK loan on Crowdstacker, but I am one of those 'poor suckers' you refer to. A bit disappointed as you are one of those whose posts I always read with interest. For balance, this loan has only recently gone into administration and has just started going through the process of recovery for which there are significant assets which when sold (we will have to wait and see of course!!) which hopefully result in a significant return, if not all of capital invested - it is certainly at this stage far from the 'lose all their money' that you imply and I would not compare CS to some of the other platforms that are under severe scrutiny by investors on the forum. Whatever, I am sorry that you are 'leaving' and sincerely hope that recoveries on your significant investments are returned in full as soon as possible. - best wishes for your future investing wherever it may lie. Cheers P I thought the CS loan was unsecured, hope they can recover investors funds! Isn't it BN not BK? (though they are homonyms)
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itsnotme
An a great confusion will come upon the land ..
Posts: 8
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Post by itsnotme on Nov 23, 2018 17:52:47 GMT
Vanguard All World ETF is down some 10% over the last 3 months (eating what I gained in p2p), down 2% over the last year, and made "only" 10% or so annualised over the last 5 years. Its future is uncertain given that the US bull-market is over (is it?).
It does not pay more and is also not more secure than some p2p sites.
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IFISAcava
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Post by IFISAcava on Nov 23, 2018 18:13:42 GMT
Vanguard All World ETF is down some 10% over the last 3 months (eating what I gained in p2p), down 2% over the last year, and made "only" 10% or so annualised over the last 5 years. Its future is uncertain given that the US bull-market is over (is it?). It does not pay more and is also not more secure than some p2p sites. Quite. Balanced portfolios, rather than the oft asked "P2P or shares: which is best?". I'm gradually dipping back into S&S, buying regularly and on weakness, and adding a foreign currency hedge into it by buying global shares, having transferred most of my ISA holdings into P2P over the last 2 years.
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angrysaveruk
Member of DD Central
Say No To T.D.S
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Post by angrysaveruk on Nov 23, 2018 18:14:33 GMT
Probably a wise move. World is going into some very uncertain times with Brexit and the other fractures in the EU,and what looks like the start of a US vs China trade war. I am not sure of the old rule of thumb about holding cash when it hits the fan and trying to buy something cheap will work this time with the risk of currency devaluations/inflation. I am probably going to put more money into bricks and mortar, people will always need somewhere to live and the government will protect house prices for as long as they can because that is all people in this country give a fck about.
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hazellend
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Post by hazellend on Nov 23, 2018 18:19:08 GMT
Vanguard All World ETF is down some 10% over the last 3 months (eating what I gained in p2p), down 2% over the last year, and made "only" 10% or so annualised over the last 5 years. Its future is uncertain given that the US bull-market is over (is it?). It does not pay more and is also not more secure than some p2p sites. I have zero interest in short term market movements. I will be holding the All World for another 15 years minimum but probably 30 -50 years and beyond as my offspring inherit.
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Post by Deleted on Nov 23, 2018 21:28:12 GMT
If your time is numbered hazellend I'll miss your contrarian position on many points against the forum masses. Certainly makes me sit down and consider my position when a regular cheerleader such as yourself is on the verge of a complete withdrawal! At 45% P2P I know I'm in way deeper than I am comfortable with, but been tempted/suckered in by various bonuses and offers, although not leaving the P2P arena I'll also be pulling repayments into my Vanguard trackers until that number is much more reasonable! |
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corto
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one-syllabistic
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Post by corto on Nov 24, 2018 0:19:40 GMT
Vanguard All World ETF is down some 10% over the last 3 months (eating what I gained in p2p), down 2% over the last year, and made "only" 10% or so annualised over the last 5 years. Its future is uncertain given that the US bull-market is over (is it?). It does not pay more and is also not more secure than some p2p sites. I have zero interest in short term market movements. I will be holding the All World for another 15 years minimum but probably 30 -50 years and beyond as my offspring inherit. Promises I love short term market movements as I love the waves on the Liffey I have a small scrap of interest in every ripple Hold on to all world and the offspring As in 50 years they may well be a shapeless spot in the books
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corto
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one-syllabistic
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Post by corto on Nov 24, 2018 0:35:39 GMT
Vanguard All World ETF is down some 10% over the last 3 months (eating what I gained in p2p), down 2% over the last year, and made "only" 10% or so annualised over the last 5 years. Its future is uncertain given that the US bull-market is over (is it?). It does not pay more and is also not more secure than some p2p sites. Quite. Balanced portfolios, rather than the oft asked "P2P or shares: which is best?". I'm gradually dipping back into S&S, buying regularly and on weakness, and adding a foreign currency hedge into it by buying global shares, having transferred most of my ISA holdings into P2P over the last 2 years. It's me, itsnotme. Reborn. Quite? Balance was implied. And still sometimes you have to bet everything on the one thing you want Only you will know
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hazellend
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Post by hazellend on Dec 20, 2018 18:18:39 GMT
Continuing to rebalance P2P repayments into Vanguard All World ETF which seems to be heading towards a bear market. Hoping the ETF goes/stays down long enough for me to complete my rebalancing.
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Post by Deleted on Dec 20, 2018 20:42:07 GMT
hazellend I know you advocate low fee hands off investing when it comes to equities and I'm with you there, although I always figured Vanguard's all world was heavy on US and low on emerging markets such as China/India/Brazil etc. Do you choose this purely out of simplicity? I've built my own Vanguard portfolio which is closer to market cap but no doubt riskier in profile but that's fine by me as it's a long term hold.
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hazellend
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Post by hazellend on Dec 20, 2018 20:50:22 GMT
hazellend I know you advocate low fee hands off investing when it comes to equities and I'm with you there, although I always figured Vanguard's all world was heavy on US and low on emerging markets such as China/India/Brazil etc. Do you choose this purely out of simplicity? I've built my own Vanguard portfolio which is closer to market cap but no doubt riskier in profile but that's fine by me as it's a long term hold. I watched this guy after many years of making my own mistakes and never looked back. Basically, I don’t try to beat the market and just want to track it. So if US is 60% then I want 60% and if it drops to 10% that’s what I will have too
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