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Post by martin44 on Aug 4, 2019 19:46:22 GMT
My worse return is Crypto then stock then P2P. But it will depend on how stock will recover as well as my bad loans..... Was that based on when you entered each one? i went into p2p some 3 yrs ago and estimate my losses based on what may/maynot happen with lendy and moneything ... crypto was the last year or so... and up around 20%..
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cwah
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Post by cwah on Aug 4, 2019 20:40:42 GMT
My worse return is Crypto then stock then P2P. But it will depend on how stock will recover as well as my bad loans..... Was that based on when you entered each one? i went into p2p some 3 yrs ago and estimate my losses based on what may/maynot happen with lendy and moneything ... crypto was the last year or so... and up around 20%.. Yes as well. I bought crypto when it was all time high and it still hasn't recovered. And bought stock few months ago and lost as well. Although it may recover, we never know! Same as lendy losses
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cwah
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Post by cwah on Aug 4, 2019 22:28:26 GMT
Yes as well. I bought crypto when it was all time high and it still hasn't recovered. And bought stock few months ago and lost as well. Although it may recover, we never know! Same as lendy losses
WHOA THERE SUNSHINE !
I'm sorry cwah , but I just can't let you get away with trying to compare your self-inflicted stock losses with the high-risk world that is P2P.
You took stupid risks on stocks. And yes, stupid risks on stocks are directly comparible to P2P, i'll give you that.
However, sensible investments in the stockmarket are far less risky than the wild west that is P2P.
What a joke.  If I didn't listen to the advice and didn't put stock losses I'd have doubled my gain in TCG. Now I'm at severe losses 😢
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Post by Ace on Aug 4, 2019 22:35:44 GMT
WHOA THERE SUNSHINE !
I'm sorry cwah , but I just can't let you get away with trying to compare your self-inflicted stock losses with the high-risk world that is P2P.
You took stupid risks on stocks. And yes, stupid risks on stocks are directly comparible to P2P, i'll give you that.
However, sensible investments in the stockmarket are far less risky than the wild west that is P2P.
What a joke. If I didn't listen to the advice and didn't put stock losses I'd have doubled my gain in TCG. Now I'm at severe losses 😢 Doubling a negative gain is not normally considered a good thing!
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reinvestor
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Post by reinvestor on Aug 5, 2019 6:23:53 GMT
Was that based on when you entered each one? i went into p2p some 3 yrs ago and estimate my losses based on what may/maynot happen with lendy and moneything ... crypto was the last year or so... and up around 20%.. Yes as well. I bought crypto when it was all time high and it still hasn't recovered. And bought stock few months ago and lost as well. Although it may recover, we never know! Same as lendy losses I think you should leave your money in the bank or just give it to a family member for safe keeping.
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cwah
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Post by cwah on Aug 5, 2019 7:41:13 GMT
If I didn't listen to the advice and didn't put stock losses I'd have doubled my gain in TCG. Now I'm at severe losses 😢
Your Thomas Cook thread was dated Sunday 19th May.
So, let's have a quick look at Google Finance shall we ?
Assuming you put your trade on the Friday, it closed at 11.80 on the 17th.
By early July it was down to 5.80 which is where any sensible valuation puts the share.
I wouldn't pay much attention to the August funny-money pushing it back up to 9.11 in recent days.
But whichever way you look at it, at no point since 19th May 2019 did Thomas cook "double". At least not in a positive sense ! 
Your original thread on Thomas Cook made it clear you had no idea what you were doing on that trade, and frankly my opinion is unchanged on your stockmarket capabilities.
It's back to £11.30 now. So even if I did keep it the whole time I'd have broke even
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hazellend
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Post by hazellend on Aug 5, 2019 7:47:41 GMT
Your Thomas Cook thread was dated Sunday 19th May.
So, let's have a quick look at Google Finance shall we ?
Assuming you put your trade on the Friday, it closed at 11.80 on the 17th.
By early July it was down to 5.80 which is where any sensible valuation puts the share.
I wouldn't pay much attention to the August funny-money pushing it back up to 9.11 in recent days.
But whichever way you look at it, at no point since 19th May 2019 did Thomas cook "double". At least not in a positive sense !
Your original thread on Thomas Cook made it clear you had no idea what you were doing on that trade, and frankly my opinion is unchanged on your stockmarket capabilities.
It's back to £11.30 now. So even if I did keep it the whole time I'd have broke even But you didn’t. What you’re doing is gambling not investing. Might as well flip a coin.
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Post by gravitykillz on Aug 5, 2019 8:27:35 GMT
I've got a new vice. Investing in luxury watches. Possibly Rado or Rolex. Rolex prices are rocketing every year.
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Post by gravitykillz on Aug 5, 2019 8:29:24 GMT
Thinking about buying a rolex daytona. This will effectively wipe out 40% of my savings. But dammit you only live once. I want something pretty on my wrist!
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Post by gravitykillz on Aug 5, 2019 8:31:17 GMT
This forum is a catalyst for evil!
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Post by Harland Kearney on Aug 5, 2019 11:40:26 GMT
This website is a catalyst for not taking responsible investment decsions.  Good place to learn what not to do often, even if that sounds crude. |
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
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Post by brianlom1 on Aug 5, 2019 12:22:19 GMT
After a long period of diverse and occasionally risky, self investing.. p2p is going to be ( I pretty confidently estimate) my worst investment strategy of the lot... anyone of the same ilk? Edit.... and that includes crypto's.. - I empathise with your situation having myself had a number of negative experiences with P2P: Rebuilding Society (bad debt/defaults), Collateral (in administration), Lendy (in administration), Funding Circle (bad debt/defaults), Funding Secure (bad debt/defaults), MoneyThing (bad debt/defaults) ... the list goes on. I think it's safe to say the list of inherent risks is far greater than I was able to ascertain before investing my hard-earned cash. I'm happy to hold my hand up when I've made bad investment decisions but I do question whether the incoming regulation will do anything to thwart the devious platforms/borrowers who see P2P as a 'get-rich-quick' opportunity.
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Post by Harland Kearney on Aug 5, 2019 12:59:24 GMT
No amount of regulation will stop "investors" from putting money into platforms that advertise the magical answer to all your investment problems. That problem lies in the types of platforms being ran; generally advertisement & presentation are very well thought though. Playing on the dreams of investors and novice lack of expierence to make investors put hard earned cash down for that seemingly elusive return.
Peer to Peer: Simple/easy/high returns/steady/no fees (On the label basically, like a bank account!).
Stock Market: Complex/hard/returns vary wildly/ fees, usally complex.
This is how it looks to the introductionary investor, with little to no knoledge of investments.
I got into investment via Peer to peer first, then learnt about the stock market, not vice versa. It's hardly a surprise some of us have made mistakes, or been fooled dare I say. I was very lucky to have exited.
To understand the basics of the market and fund investment on the market took me about 12 months of trial and error, reading & setting a portfilio.
Peer to Peer took me a day. (To get set up, where my cash was earning money or in the que too)
I think this puts into perspective the risks, and I don't think FCA can easily disable this mindset, or educate people on the stock market (could be equally as disastrous!)
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m2btj
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Post by m2btj on Aug 5, 2019 14:08:55 GMT
I've got a new vice. Investing in luxury watches. Possibly Rado or Rolex. Rolex prices are rocketing every year. There are very few watches that actually appreciate in value & I would advise doing some serious research before buying. YT has some very good vids. When the City is down, cars & watches are the first casualty of wealthy brokers & bankers. Being in the City, Hatton Garden has some good buys & retailers will cut a deal. Always make sure the watch has its original box & papers.
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Post by martin44 on Aug 6, 2019 23:02:08 GMT
No amount of regulation will stop "investors" from putting money into platforms that advertise the magical answer to all your investment problems. That problem lies in the types of platforms being ran; generally advertisement & presentation are very well thought though. Playing on the dreams of investors and novice lack of expierence to make investors put hard earned cash down for that seemingly elusive return. Peer to Peer: Simple/easy/high returns/steady/no fees (On the label basically, like a bank account!).Stock Market: Complex/hard/returns vary wildly/ fees, usally complex.
This is how it looks to the introductionary investor, with little to no knoledge of investments.I got into investment via Peer to peer first, then learnt about the stock market, not vice versa. It's hardly a surprise some of us have made mistakes, or been fooled dare I say. I was very lucky to have exited. To understand the basics of the market and fund investment on the market took me about 12 months of trial and error, reading & setting a portfilio. Peer to Peer took me a day. (To get set up, where my cash was earning money or in the que too) I think this puts into perspective the risks, and I don't think FCA can easily disable this mindset, or educate people on the stock market (could be equally as disastrous!) my bold.. Its not about regulation ..... its about people having access to educated investment info.. if you ended up in p2p first, then im sorry to say you were either badly advised or sought your own investing criteria and chose the wrong path 
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Good place to learn what not to do often, even if that sounds crude.
