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Post by bluehorseshoe on Nov 30, 2019 17:42:14 GMT
My investment is currently diversified across 44 different loans.
However 81% of my cash is in 6 of these, and 44% is in just 2 (and one of these is in arrears).
Is this normal? With the depleting PF I'm nervous.
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benaj
Member of DD Central
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Post by benaj on Nov 30, 2019 17:53:22 GMT
Don't worry, that's completely normal for new investor. Lending Works Diversification is similar to RS. What really matters is Lending Works has the ability to adjust the rate and keep provision fund healthy. Instead of seeing 1% default in your portfolio, now we are about to see 1.1% rate cut in growth product.
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Post by propman on Dec 2, 2019 15:51:18 GMT
The disadvantage is you cannot quick-sell the loans in arrears so you have significantly reduced liquidity.
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Post by Ace on Dec 2, 2019 20:34:44 GMT
The disadvantage is you cannot quick-sell the loans in arrears so you have significantly reduced liquidity. Looks like we all have reduced liquidity at the moment. My sale from Friday is still pending.
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nairda
Member of DD Central
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Likes: 43
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Post by nairda on Dec 2, 2019 21:10:54 GMT
The disadvantage is you cannot quick-sell the loans in arrears so you have significantly reduced liquidity. Looks like we all have reduced liquidity at the moment. My sale from Friday is still pending. So it would seem. My other half and are currently rather over exposed to LW so I decide to pull my investment out, but like you, nothing has happened so maybe a lot of people are running away.
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Post by jono75 on Dec 5, 2019 18:30:31 GMT
My investment is currently diversified across 44 different loans. However 81% of my cash is in 6 of these, and 44% is in just 2 (and one of these is in arrears). Is this normal? With the depleting PF I'm nervous. I got my first loans matched today, three are late. One is 20% of the capital and has 7 missed payments. They have paid back £2k of a £15k loan. Not concerned (yet) as the shield is paying out All 32 matches were from quick withdrawals.
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Post by stevexxx on Dec 10, 2019 16:10:28 GMT
Deleted post as it was posted and answered in another thread.
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