jcb208
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Post by jcb208 on Oct 12, 2014 19:37:01 GMT
Just for a bit of fun just curious what is the average rate in the 5 year market
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Post by goldservice on Oct 13, 2014 7:57:52 GMT
I've voted according to the weighted average in Your Account Summary/Your Portfolio. This obscures the much better rates that I have been getting in the last 6 months (during which I've learnt to exploit the spikes) compared with previous six months when I did most of my investing. Newcomers will be getting a higher weighted average, I guess.
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Post by yorkshireman on Oct 13, 2014 11:03:58 GMT
6.4% which includes a few at 7.9% and 8.0% from the good old days of March 2012.
If rates can drop from 8.0% to current levels in not much more than 2.5 years then what is to stop them returning to 8% within 2.5 years? I’m not convinced by the BoE’s views that rates will rise slowly and the new “norm” will be in the region of 3%, plenty of things can drive this target off course.
Consequently, I’m only drip feeding small amounts into the 5 year market at present and in addition I personally feel that the 3 year market at 5.0%+ represents better value.
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pikestaff
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Post by pikestaff on Oct 13, 2014 13:06:17 GMT
I've voted according to the weighted average in Your Account Summary/Your Portfolio. This obscures the much better rates that I have been getting in the last 6 months (during which I've learnt to exploit the spikes) compared with previous six months when I did most of my investing. Newcomers will be getting a higher weighted average, I guess. Ditto. Much of my initial investment was made when rates were about 5%.
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baz657
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Post by baz657 on Oct 14, 2014 2:28:45 GMT
6.2% average for me - I only started with RS (and p2p generally) 2nd June this year.
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duck
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Post by duck on Oct 14, 2014 4:16:41 GMT
Like yorkshireman I've been with RS since the'good old days' of 2012. My average is 5.8 (still have the +7.5% loans running) and this market represents my largest investment in my own personal rating of 'safe' P2P/P2B investments.
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niceguy37
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Post by niceguy37 on Oct 14, 2014 14:00:33 GMT
My 5-year loans range from 8.0% down to 7.1%, but all for 2012. I had significant amounts at 8.5% but sadly they were repaid early.
The problem with 5 year loans on RS is the punitive cost of selling up. I expect the BoE rates might gradually creep up, and we have to take our chances with that, but what concerns me are the regulatory changes. For example we might soon be able to invest in P2P through ISas or even pensions such as SIPPs, and we've don't know if we'll be able to transfer our existing investments into these more tax-efficient opportunities.
At least on Assetz Capital should can offer your investments on the secondary market, at cost and without fees, and usually be able to find a willing buyer (unless the underwriter is in the middle of selling off his or her position, and even then a discount of a penny per £100 will generally get you to the front of the queue). It provides a lot of flexibility and comfort.
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Post by wildlife2 on Oct 15, 2014 14:15:42 GMT
My average is 6.2% since joining RS in March this year, having my largest P2P investment there,
then Saving Stream and Wellesley, and less amounts with 4 other platforms.
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jlend
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Post by jlend on Oct 16, 2014 6:54:36 GMT
Member since December 2010... Ratesetter now feels very different and safer compared to then ☺
My current average is 6.2% on the 5 year market
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mikeb
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Post by mikeb on Oct 18, 2014 18:29:51 GMT
5 Year: 6.0% average (5.0% min, 8.0% max) -- all my juicy early over-8.0% ones have repaid (I got in very early when the 5yr market opened), so the average is falling. Wish I hadn't looked now  |
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Post by stuart543 on Oct 19, 2014 3:36:53 GMT
Mine is 6.2%. I've still got some 2012 loans at 7-8% and I'm only investing now when the market peaks at 6.2% or more. My 3 year is still at 6.1% on a much smaller amount but most of my investing was done in 2012 and is rapidly running down now.
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