travolta
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Post by travolta on Jan 31, 2019 21:50:48 GMT
Has anyone feedback re Lendy Wealth?
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rocky1
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Post by rocky1 on Feb 1, 2019 4:33:23 GMT
Lendy wealth lenders are cash rich and time poor so really won't be able to look at forums and reply.black box so they won't know until the rabbit jumps out of it and they find they are a little more cash poor and plenty of time to think about it.
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Post by p2plender on Feb 1, 2019 8:15:13 GMT
Wealthy people don't just throw cash anywhere, they do research believe it or not.
Thus a quick scan of TP, a Google of 'Lendy' and they'd have run a mile.
I don't think there's any wealth clients, more a bluff to make the platform look a little more inviting for the next set of lambs.
Cowes week ahead, third and final installment.
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SteveT
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Post by SteveT on Feb 1, 2019 8:27:36 GMT
I don't think there's any wealth clients, more a bluff to make the platform look a little more inviting for the next set of lambs. So the multiple 6-figure investments that have been observed going into various new tranches are an illusion?
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Post by loftankerman on Feb 1, 2019 9:00:56 GMT
No chance that 'time poor and cash rich.' is just a marketing hook to to attract smug people who find the label more attractive than the 'more money than sense' label others might apply to them?
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Post by p2plender on Feb 1, 2019 9:13:23 GMT
I don't think there's any wealth clients, more a bluff to make the platform look a little more inviting for the next set of lambs. So the multiple 6-figure investments that have been observed going into various new tranches are an illusion? No idea as I don't login anymore. If there is then just shows dumb money is still alive and well.
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travolta
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Post by travolta on Feb 1, 2019 13:00:35 GMT
Has anyone feedback re Lendy Wealth? So ...no one here is in it? Or too frightened at being sneered at ?
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sl75
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Post by sl75 on Feb 1, 2019 15:13:34 GMT
Has anyone feedback re Lendy Wealth? So ...no one here is in it? Or too frightened at being sneered at ? Forum participation seems strongly biased towards those who prefer direct control of their portfolio holdings, and have spare time to "fiddle" and discuss, whilst Lendy Wealth seems more targeted at those who want to be able to say "here's the money - sort it out, and don't bother me again for a year".
I don't see much overlap being likely.
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travolta
Member of DD Central
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Post by travolta on Feb 1, 2019 16:44:56 GMT
So ...no one here is in it? Or too frightened at being sneered at ? Forum participation seems strongly biased towards those who prefer direct control of their portfolio holdings, and have spare time to "fiddle" and discuss, whilst Lendy Wealth seems more targeted at those who want to be able to say "here's the money - sort it out, and don't bother me again for a year".
I don't see much overlap being likely.
Of course, exactly so, but a little pompous....
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withnell
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Post by withnell on Feb 19, 2019 12:00:22 GMT
Has anyone feedback re Lendy Wealth? So ...no one here is in it? Or too frightened at being sneered at ? Given the strategy they seem to be using (invest heavily in new tranches) I'm not sure what benefit you have being in Wealth, apart from a perceived additional liquidity (that probably still has to be put to the test given the infancy of the product), but at the expense of 2-6% pa return
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Post by charliebrown on Feb 19, 2019 12:08:57 GMT
Lendy Wealth is an oxymoron. Unless Liam is referring to his own wealth.
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