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Post by dan1 on Dec 9, 2019 19:13:11 GMT
9 Dec: Projected Returns
Core 3.4% - 5.0%
Plus 4.0% - 6.0%
6 Dec: Target Returns
Core 4.8%
Plus 6.0%
Doesn't exactly engender trust and after all that's the whole basis of this industry. Not impressed but not surprised.
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Post by stevexxx on Dec 10, 2019 16:19:37 GMT
Mine are running at 3.7% in plus so where do they get these figures from?
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Post by aidanw on Dec 12, 2019 10:33:24 GMT
My current NAR on Plus loans from Sept 2016 is 3.3%. They quoted an expected return of 6.7%.
The trust ship sailed a long time ago....
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benaj
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Post by benaj on Dec 12, 2019 10:44:40 GMT
My current NAR on Plus loans from Sept 2016 is 3.3%. They quoted an expected return of 6.7%. The trust ship sailed a long time ago.... Yes, it reminds me the unexpected return of 6.7% when I invested the plus back in late 2016.
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aju
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Post by aju on Dec 12, 2019 10:57:59 GMT
9 Dec: Projected Returns Core 3.4% - 5.0% Plus 4.0% - 6.0% 6 Dec: Target Returns Core 4.8% Plus 6.0% Doesn't exactly engender trust and after all that's the whole basis of this industry. Not impressed but not surprised. Just out of interest where did you get these figures, i can see my personal ones in my loanbook but sadly they are mine not in a months of sundays would yours or anyone else be identical.
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amphoria
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Post by amphoria on Dec 12, 2019 11:06:51 GMT
If you mean the projected returns, they were in Dec's monthly update.
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Post by Ace on Dec 12, 2019 13:24:37 GMT
My Zopa plus NAR is 4.44% (XIRR is 5.14%). Both are below the forecast when I invested. I've only been invested for 20 months, so perhaps that's the reason my figures are higher than those stated above.
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Post by dan1 on Dec 12, 2019 22:27:19 GMT
9 Dec: Projected Returns Core 3.4% - 5.0% Plus 4.0% - 6.0% 6 Dec: Target Returns Core 4.8% Plus 6.0% Doesn't exactly engender trust and after all that's the whole basis of this industry. Not impressed but not surprised. Just out of interest where did you get these figures, i can see my personal ones in my loanbook but sadly they are mine not in a months of sundays would yours or anyone else be identical. The weekly/monthly emails, i.e. not personalised.
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aju
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Post by aju on Dec 13, 2019 0:21:08 GMT
Just out of interest where did you get these figures, i can see my personal ones in my loanbook but sadly they are mine not in a months of sundays would yours or anyone else be identical. The weekly/monthly emails, i.e. not personalised. Ah I see thx, I should have checked the monthly emails but to be honest I stopped even looking at those figures since they made them global rather than relevant especially after sales etc. I did check my loanbooks and its definitely nothing like my rates but I was checking only the loans that are still active - not the defaults though I've already written them off.
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Post by stevexxx on Dec 23, 2019 17:00:20 GMT
So we all seem to be doing 3 to 4% on established accounts (new money will fare better initially). Until things improve my lending has been turned off now.
Edit, just checked my isa and i'm down by over £70 this month, the worst ever monthly result i've had in 7 years of investing with Zopa At this rate I wont earn anything this year..., with this and previous low rates I'm not likely to turn back on re-investments..
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ashtondav
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Post by ashtondav on Dec 23, 2019 23:46:05 GMT
Zopa’s estimated returns verge on the unbelievable. In fact they verge on fiction. A complete and utter farcical fabrication, at least for me and the wife. Of course other lenders may be achieving 10% to average projected returns. Plausible? Please let me know. I’m sure they calculate their returns honestly but does anyone here achieve them anymore?
Mrs Ashtondav is achieving 2.6% in plus. Worse than F@cking Cr@p
Why would anyone invest with Z when you can invest in RS and get a PF and you can invest in AC and get asset security PLUS a PF.
Beggars belief. And this from a punter who’s been with them from 2005, with early adopter bonus and share options.
The sole reason for betting (and it is a gamble) on Z is platform diversification. The sooner they become a bank and get out of this mess the better.
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aju
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Post by aju on Dec 24, 2019 0:22:10 GMT
Zopa’s estimated returns verge on the unbelievable. In fact they verge on fiction. A complete and utter farcical fabrication, at least for me and the wife. Of course other lenders may be achieving 10% to average projected returns. Plausible? Please let me know. I’m sure they calculate their returns honestly but does anyone here achieve them anymore? Mrs Ashtondav is achieving 2.6% in plus. Worse than F@cking Cr@p Why would anyone invest with Z when you can invest in RS and get a PF and you can invest in AC and get asset security PLUS a PF. Beggars belief. And this from a punter who’s been with them from 2005, with early adopter bonus and share options. The sole reason for betting (and it is a gamble) on Z is platform diversification. The sooner they become a bank and get out of this mess the better. Yeah its not looking that great for us either, we have been barely scraping through the black for the last few months now - I know we sold a lot off 6 months or so ago and have been relending from Invest to ISA as well. but i've just done our whole investment xirr for the year to date and we are just scraping in with 2.57%. As I have said before we will probably be transferring a lot over to RS we are getting 5-6% over there and are also readjusting into the 1Y. We will let the rest slowly return back to one of our safer accounts. It's really time to back off long term as I will be getting my SP in July next year. There is still life in the old dog and his companion though but its just safer as I too feel Zopa has seen its day, rates wise anyway. (I've been with them since 2006 and we have made some ackers with them but this years severe reductions in profits are signs we should get out soon.) For the record across our investment as a whole we have lending splits on zopa of 12% Plus 76% Core 12% Classic We may sell off the Plus and Core as much as possible and keep the SG cover or at least turn off relend depends what we feel is best and how.
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ashtondav
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Post by ashtondav on Dec 24, 2019 0:36:46 GMT
Q. Why become a bank?
A. Because with the best will in the world, and after 14 years, you’ve shown this p2p model suits the dustbin rather than stock market flotation.
Simples.
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benaj
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Post by benaj on Dec 24, 2019 14:50:56 GMT
Z has recently updated historical performance page www.zopa.com/invest/historical-performance9.6% return for 2016 PLUSExplanation from Z  Mind you, I managed to make 0.74% profit from 2017 Zopa plus for 8 months holding, it's still 0 losses and better than other 12% platform experience (Zopa NAR report is 2.78% excluding fees), it was advertised for 6.5% return back then. |
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aju
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Post by aju on Dec 24, 2019 18:18:26 GMT
I just don't understand how they are producing these figures. Zopa plus 2016 they have 9.6% return after fees and losses and only 2.1% defaults! My current NAR from Zopa plus 2016 is 2.29%  There should be lots of investors boasting about huge returns from 2016 but I don't see any. Come on show yourselves just to put my mind at ease. Have you sold some loans? I think there was a period in 2017 when zopa got Plus lending mix a bit wrong, might be that perhaps. I'm sure zopa would categorise this as their bell curve effect (can't remember what page its on) but their usually chorus suggests some will get less and some will get more blah blah blah) failing all that I had good returns (not 9.6% though) up until about 12-18 months ago and the defaults have been steadily eating aways at out monthly figures - not yet losses though just much curtailed rates relative to suggested. We did sell some back in june this year so perhaps they are right. My personal NAR value across both our accounts is still increasing but it has slowed considerably. I'm not sure if Zopa has started it at different points though as they look wrong to me but I just don't use them. Not sure any of that helps though, sorry Edit: Oops I missed benaj 's post so what I think is showing there is that lending returns in the first few months before defaults start to show would be quite lucrative (I'm guessing they take the whole of Plus for the year) - still seems a bit high though as you say no where near mine. I was never into > 20% plus in our books though, not that helped either. Not sure I like some of the later loss info either need to analyse that closer. I have looked back at my stats for that period and I think zopa was estimating those rates rather than actuals. also I wonder how much of it is actually just a case of taking the whole book and detailing it but again for individuals that where the bell curve comes in. Is anyone else finding some of the web pages seem to be whitespace heavy - I guess I'll need to break out some more coding in stylus to make them more readable. 
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