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Post by gravitykillz on Mar 29, 2019 16:47:46 GMT
Was wondering if anyone is feeling nervous about their p2p investments now that no deal is looking more and more likely?
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Post by gravitykillz on Mar 29, 2019 16:50:27 GMT
I am considering reducing my investments by 50% just to be on the safe side. May jump back into p2p when i have a bit more confidence in the economy.
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michaelc
Member of DD Central
Say No To T.D.S.
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Post by michaelc on Mar 29, 2019 17:10:12 GMT
Can't recall a time since before 2007 that folk were not speculating on the next property crash and general downturn. It hasn't happened, it might happen and it might not.
Thankfully most people and businesses in the UK have just got on with it which is why we're doing quite well.
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IFISAcava
Member of DD Central
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Post by IFISAcava on Mar 29, 2019 17:15:49 GMT
I'm nervous, but not because no deal will happen. It won't.
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trevor
Member of DD Central
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Post by trevor on Mar 29, 2019 17:26:26 GMT
I'm staying in p2p. I believe we will end up with a long extension with a customs union. The indicative votes on Monday will be interesting and give us a better idea of where we're going.
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IFISAcava
Member of DD Central
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Post by IFISAcava on Mar 29, 2019 17:29:39 GMT
I'm staying in p2p. I believe we will end up with a long extension with a customs union. The indicative votes on Monday will be interesting and give us a better idea of where we're going. +/- a confirmatory referendum
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travolta
Member of DD Central
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Post by travolta on Mar 29, 2019 17:29:59 GMT
Prepare for a more bling loans. Pawn shops to regenerate the High Street
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Post by gravitykillz on Mar 29, 2019 17:35:52 GMT
Prepare for a more bling loans. Pawn shops to regenerate the High Street Why because everyone is broke ? May be a good time to jump into gold.
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Post by gravitykillz on Mar 29, 2019 17:39:32 GMT
£995 an oz for gold right now. Last time i purchased gold it was £800 an oz.
Was 2013 i think. Precious metals may be the way to go over the next 2 or 3 years.
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corto
Member of DD Central
one-syllabistic
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Post by corto on Mar 29, 2019 18:49:02 GMT
Prepare for a more bling loans. Pawn shops to regenerate the High Street this is so negative 33% child poverty I read
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corto
Member of DD Central
one-syllabistic
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Post by corto on Mar 29, 2019 18:50:53 GMT
I'm nervous, but not because no deal will happen. It won't. please give evidence for your conviction
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ceejay
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Post by ceejay on Mar 29, 2019 18:53:26 GMT
I reconfigured (and reduced) my P2P portfolio a few months ago with a view to making it a little more resilient. I'm not unduly worried about the prospects for short term property development loans but the impact on some SMEs could be anything from mildly positive to positively catastrophic.
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Post by gravitykillz on Mar 29, 2019 18:58:06 GMT
I reconfigured (and reduced) my P2P portfolio a few months ago with a view to making it a little more resilient. I'm not unduly worried about the prospects for short term property development loans but the impact on some SMEs could be anything from mildly positive to positively catastrophic. So platforms like funding circle etc could see defaults soar should no deal be as bad as the media is predicting.Or any platform that invests in sme like growth street.
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Post by gravitykillz on Mar 29, 2019 18:59:10 GMT
But platforms like landbay and lendinvest may just survive ?
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angrysaveruk
Member of DD Central
Say No To T.D.S
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Post by angrysaveruk on Mar 29, 2019 20:18:57 GMT
I have been convinced for a while that May was put there to make sure Brexit didnt happen. If she was serious about it she would have gone to the US right at the start - then used this as a bargaining chip in her negotiations. We will never know for sure but I would put quite a sum on May being a political saboteur.
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