cwah
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Post by cwah on Apr 7, 2019 18:14:32 GMT
Which platform returned YOU the most money for the year 2018-19?
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Post by uksoul on Apr 7, 2019 23:03:36 GMT
1 Proplend
2 Relendex
3 Property Partner
4 Kufflink
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Post by spareapennyor2 on Apr 7, 2019 23:38:33 GMT
Lendy this year
Next year expect to be the largest loss
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jester
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Post by jester on Apr 8, 2019 7:40:00 GMT
1. Ratesetter
2. Lending Works
3. Moneything
4. Lendy (That'll come back to haunt me)
5. Goji
The ever changing picture of P2P as one has stopped issuing bonds altogether and another appears to be in total collapse!
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benaj
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N/A
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Post by benaj on Apr 8, 2019 10:50:42 GMT
I have to say RS. I had 100% capital repaid in October in less than one week. That's real money can be withdrawn into bank account. Others may have higher tax return on paper but arrears and non performing loan are being swept under the carpet.
The platform I really like is actually an EU platform. Transparency is better than expected.
Apart from those instant accounts, like QAA / 30 days rolling, I like those bridging loans platforms where " MOST" loans are actually repaid within 18 months.
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cwah
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Post by cwah on Apr 8, 2019 13:12:51 GMT
I'm surprised Ablerate is the platform generating the most money for most people. I've always found the platform hard to understand and the loans convoluted.
But it's also because I don't really know how to value companies... Valuing properties is much easier for me.
So how you guys making money on Ablerate? Is it the secondary market?
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pom
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Post by pom on Apr 8, 2019 15:37:32 GMT
I'm surprised Ablerate is the platform generating the most money for most people. I've always found the platform hard to understand and the loans convoluted. But it's also because I don't really know how to value companies... Valuing properties is much easier for me. So how you guys making money on Ablerate? Is it the secondary market? I think you might need to rephrase your question. Either that or I'm missing something everyone else is considering obvious. The platform that made me most money last year is BC, but that's because I had more invested there than anywhere else. ABL is I think my 2nd (but also my second biggest holding last year). It's a popular platform and pays high rates so hardly surprising if people use it at all that it's making them the most money. It's still quite a bumpy ride tho.
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Post by Ace on Apr 8, 2019 15:49:59 GMT
I'm surprised Ablerate is the platform generating the most money for most people. I've always found the platform hard to understand and the loans convoluted. But it's also because I don't really know how to value companies... Valuing properties is much easier for me. So how you guys making money on Ablerate? Is it the secondary market? ABLrate are generating the most for me, partly due to the fact that it's the one where I have the most funds employed. Of the 25 platforms I've tried so far, ABLrate are the most professional and competent at managing the loans (IMO). A few of my loans have run in to difficulties, but ABLrate seems to be handling them proficiently. Two loans to one borrower are paying back today with full default interest. I do expect to suffer losses on some loans when lending at these rates, but I trust ABLrate to manage the situation to the benefit of all. In answer to your question: I do use the secondary market to rebalance my portfolio and to reinvest repayments, and I have made a small profit from this. However, the bulk of my earnings have come from interest payments.
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Post by captainconfident on Apr 8, 2019 18:34:07 GMT
1) Funding Knight
2) Rebuildingsociety
FK had a default free year on my loans and returned 11.4% net. On the year I suspect Rebs was more than that as I don't remember any defaults but my investment there was more for fun than anything. I should have taken it more seriously. Lending Crowd also looking good for around 10% net on the year.
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Monetus
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Post by Monetus on Apr 8, 2019 18:56:49 GMT
BridgeCrowd
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qwakuk
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Post by qwakuk on Apr 8, 2019 19:27:01 GMT
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iRobot
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Post by iRobot on Apr 8, 2019 20:11:47 GMT
Me three, in pure £ terms. (FS out of those listed, and would have been greatest % return in 2018 as it happens.) Also, I am uncertain as to whether the poller is looking at a calendar 2018 (possible, given thread title) or a financial 2018/19. (I've taken the latter given the question wording and timing.)
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Post by df on Apr 8, 2019 20:44:05 GMT
1) Funding Knight 2) Rebuildingsociety FK had a default free year on my loans and returned 11.4% net. On the year I suspect Rebs was more than that as I don't remember any defaults but my investment there was more for fun than anything. I should have taken it more seriously. Lending Crowd also looking good for around 10% net on the year. Not sure if the question was about the percentage or the sum? In terms of returned %, my highest in 2018 were Welendus, Rebs, ABL and MT. Not as good with LC. I've looked at FK a couple of years ago and decided not to get involved, can't remember the reasons, is it worth looking into it again?
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cwah
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Post by cwah on Apr 9, 2019 3:04:38 GMT
1) Funding Knight 2) Rebuildingsociety FK had a default free year on my loans and returned 11.4% net. On the year I suspect Rebs was more than that as I don't remember any defaults but my investment there was more for fun than anything. I should have taken it more seriously. Lending Crowd also looking good for around 10% net on the year. Not sure if the question was about the percentage or the sum? In terms of returned %, my highest in 2018 were Welendus, Rebs, ABL and MT. Not as good with LC. I've looked at FK a couple of years ago and decided not to get involved, can't remember the reasons, is it worth looking into it again? The sum of course. Otherwise you could have gambled few pound on whatever junk loan and double triple your pound value lol
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Godanubis
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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 Apr 9, 2019 12:38:57 GMT
Surely this provides no meaningful results.
The platform with the most users will obviously be the leader as some may only have one invested platform.
A more interesting poll would be to ask which platform has shown an overall loss/amount invested?
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