arby
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Post by arby on Sept 4, 2019 9:33:19 GMT
Judging from your post's you claim to be in most of the loans on FS and since the landrover repaid, by your own admittance around £400 left on the platform.
How can you be in so many loans with only £400 left on the platform? Answers on a digital post card?
Does anyone else find it rather spooky that Contrarian seems to be tracking people who declare the amount they still have "invested" in Zombie loans? Just for your information Contrarian and so you can keep your records up to date I still have the same capital amount invested in the Zombie loans as I had a year ago. I don't take any comfort in knowing that interest is still accruing as the probability of interest being paid is exactly nil. No, not spooky at all. It would be much stranger for someone who is invested in FS to not pay attention to someone who states their purpose is to stop people investing in a platform, talks down recovery prospects and also admits they use FS as a means to identify distressed development opportunities to be picked up on the cheap. Perhaps I have a vested interest in talking up loans as I'm in the platform and hope it does well. Perhaps others have a vested interest in talking down the platform as they want to pick up the pieces. There's nothing illegal about either view, but not paying attention would be baffling.
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09dolphin
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Post by 09dolphin on Sept 4, 2019 9:38:01 GMT
spooky and suspicious - also wrong on more than one occasion Really :-)
So I guess continually posting negative and often incorrect information about a site where you have very little invested is not a bit suspicious.
Whilst at the same time, not commenting or investing on any other P2P platform, again not at all suspicious.
So Contrarian you expect people to post positive comments about zombie loans. How about I got a really small fraction of my investment back in the Whitehaven loan where a member of FS staff saw development that didn't exist according to one update. Shame the returned capital was so very small but I was pleased it wasn't 100% loss as it has been in some other Loans. Would that satisfy you? Please detail exactly what incorrect information I have posted and indicate what you consider to be very little in terms of an investment as I assume your post includes me as you continue to state that I have 1.5K still "invested". Can I also state that you post incorrect information when you stated on another thread that I had recouped 99% of my investment which is factually incorrect. Can I suggest you check your information before posting such erroneous tosh. I'd also like to add that I have investments in 3 other P2P sites, all of which continue to give me an acceptable level of return, unlike FS which has lost me money.
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song
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Post by song on Sept 4, 2019 10:00:19 GMT
Does anyone else find it rather spooky that Contrarian seems to be tracking people who declare the amount they still have "invested" in Zombie loans? Just for your information Contrarian and so you can keep your records up to date I still have the same capital amount invested in the Zombie loans as I had a year ago. I don't take any comfort in knowing that interest is still accruing as the probability of interest being paid is exactly nil. they use FS as a means to identify distressed development opportunities to be picked up on the cheap. I would suggest that this a more profitable ploy than investing on this site.
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blender
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Post by blender on Sept 4, 2019 10:05:57 GMT
Nothing to get excited by the position taken by contrarian - he/she would say that, wouldn't he/she:
www.thefreedictionary.com/contrarian
con·trar·i·an (kən-trâr′ē-ən) n. One who takes a contrary view or action, especially an investor who makes decisions that contradict prevailing wisdom
I have precisely zero cash lent through FS, largely due to reading this forum. I thank you.
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Doc
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Post by Doc on Sept 4, 2019 10:27:55 GMT
Really :-)
So I guess continually posting negative and often incorrect information about a site where you have very little invested is not a bit suspicious.
Whilst at the same time, not commenting or investing on any other P2P platform, again not at all suspicious.
... you continue to state that I have 1.5K still "invested". Can I also state that you post incorrect information when you stated on another thread that I had recouped 99% of my investment which is factually incorrect. Can I suggest you check your information before posting such erroneous tosh. Just requoting your previous posts - Aug 5th 2018 - 'My investment was 250K but I now have about 1.5K left in FS'
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arby
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Post by arby on Sept 4, 2019 10:34:02 GMT
... you continue to state that I have 1.5K still "invested". Can I also state that you post incorrect information when you stated on another thread that I had recouped 99% of my investment which is factually incorrect. Can I suggest you check your information before posting such erroneous tosh. Just requoting your previous posts - Aug 5th 2018 - 'My investment was 250K but I now have about 1.5K left in FS' That tells some of the story, but the uncertainty is that a crystallised loss is also a means of reducing one's investment, but it isn't a 'return'.
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09dolphin
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Post by 09dolphin on Sept 4, 2019 14:55:53 GMT
... you continue to state that I have 1.5K still "invested". Can I also state that you post incorrect information when you stated on another thread that I had recouped 99% of my investment which is factually incorrect. Can I suggest you check your information before posting such erroneous tosh. Just requoting your previous posts - Aug 5th 2018 - 'My investment was 250K but I now have about 1.5K left in FS' I can't believe that you fail to understand that where my original of 250K or thereabouts is now 1.5K or thereabouts it doesn't equate to 99% returned capital. It would have done if all or the vast majority of the loans had repaid but an unacceptable % have not repaid capital in full, several have only repaid less than 50% of invested capital and one 0%. Even taking account of the interest I have received I still have a capital loss. I wish I could believe you truly don't understand that if a number of borrowers don't repay capital in full that lenders may have a loss, even when you take into account interest. If you really do have such a very limited understanding of what is very simple maths perhaps you could ask for instruction from a 10 or 11 years old child.
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Doc
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Post by Doc on Sept 4, 2019 16:36:53 GMT
spooky and suspicious - also wrong on more than one occasion Really :-)
So I guess continually posting negative and often incorrect information about a site where you have very little invested is not a bit suspicious.
Whilst at the same time, not commenting or investing on any other P2P platform, again not at all suspicious.
The comment was in reply to adrian77's comment, I don't know why you (09dolphin) chose to respond to it?
Still waiting for adrian77 to respond.
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adrian77
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Post by adrian77 on Sept 4, 2019 17:25:14 GMT
I have a life...
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song
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Post by song on Sept 4, 2019 18:27:50 GMT
Still waiting for adrian77 to respond.
Is that not rather pathetic.
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arby
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Post by arby on Sept 4, 2019 18:54:51 GMT
Still waiting for adrian77 to respond.
Is that not rather pathetic. All comes down to perspective. Is it pathetic to spend literally hundreds of hours on a forum for a platform one isn't even invested in? And yet people do. Each to their own.
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arby
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Post by arby on Sept 4, 2019 19:00:29 GMT
.... as a stand-up? I don't think either you or I can dare reply with a straight face that we don't have time to give a comment on here as we have a life 
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song
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Post by song on Sept 4, 2019 19:45:56 GMT
Is that not rather pathetic. All comes down to perspective. Is it pathetic to spend literally hundreds of hours on a forum for a platform one isn't even invested in? And yet people do. Each to their own. If they do then i would agree with you that spending that amount of time would be pathetic but as i only pop in from time to time my knowledge of these things is non existent.
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