jester
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Post by jester on Jan 11, 2020 14:05:06 GMT
It's been a while since we've done one of these and the landscape of P2P has changed significantly in 2019.
I'll be rebalancing and diversifying my holdings in the coming months and would be interested to see where others have their P2P pot!
Ratesetter 29%
Assetz Cap 14%
Lending W 11%
Growth St 11%
Kuflink 7%
British Pearl 7%
Loanpad 6%
Crowd Prop 6%
Abundance 4%
Moneything 3%
Lendy 1%
Zopa <1%
I also have the equivalent of 11% in Property Partner but I classify this as separate to P2P for my calcs.
I'm crazily overweight in Ratesetter but made a large transfer in for a bonus and am now letting it naturally run down, no sense in withdrawing previous higher rate loans.
After losing GOJI and Landbay, plus Moneything and Lendy meeting their maker I plan to add a few new platforms shortly, considering Octopus, Unbolted & ABLrate currently.
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Post by carol167 on Jan 11, 2020 14:26:44 GMT
Assetz Capital 27.19% - waiting until promotion offer period expires in APr - then I'll halve the amount invested
Lending Works 26.26% - withdrawing from the ordinary account as it returns, withdrawing ISA in lumps of 5k as it returns (plan to reduce overall exposure by 50%)
Rate Setter 18.35% - running down as payments return
Lending Crowd 9.72% - waiting until promotion offer period expires (22nd of Jan) - then withdrawaing everything as it returns Lend Invest 4.43% - increasing exposure as new loans come alongZopa 3.68% - Classic legacy acount only - still running down - fully out by Nov 2022
Wellesey & Co 8.69% - 50% maturing this summer, the other half end of year, then will be fully out
Funding Circle 0.03% - trapped in bad loans - expected lossLendy 0.13% - trapped in bad loans - expected lossFundingSecure 0.98% - trapped in bad loans - expected lossMoney Thing 0.54% - trapped in bad loans - expect some recovery but amount unknown
I would consider new platforms in the future but will wait until this lot is in a better place first.
P-2-P is about 22% of my total portfolio (house, cash & shares making up the rest). Concentrating on building up the passive index shares further this year at the expense of p-2-p.
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aju
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Post by aju on Jan 11, 2020 16:27:22 GMT
Assetz Capital 27.19% - waiting until promotion offer period expires in APr - then I'll halve the amount invested
Lending Works 26.26% - withdrawing from the ordinary account as it returns, withdrawing ISA in lumps of 5k as it returns (plan to reduce overall exposure by 50%)
Rate Setter 18.35% - running down as payments return
Lending Crowd 9.72% - waiting until promotion offer period expires (22nd of Jan) - then withdrawaing everything as it returns Lend Invest 4.43% - increasing exposure as new loans come alongZopa 3.68% - Classic legacy acount only - still running down - fully out by Nov 2022
Wellesey & Co 8.69% - 50% maturing this summer, the other half end of year, then will be fully out
Funding Circle 0.03% - trapped in bad loans - expected lossLendy 0.13% - trapped in bad loans - expected lossFundingSecure 0.98% - trapped in bad loans - expected lossMoney Thing 0.54% - trapped in bad loans - expect some recovery but amount unknown
I would consider new platforms in the future but will wait until this lot is in a better place first.
P-2-P is about 22% of my total portfolio (house, cash & shares making up the rest). Concentrating on building up the passive index shares further this year at the expense of p-2-p. Just curious do you mean your house is part of your portfolio or is it where you live?. In my case we are heavily over blown in P2P unless I include my house I live in then it lowers it quite a bit. For the moment though my P2P splits are as follows - not including where I live of course ;-) P2P = 38% of which RS=28% and ZOPA=72% and as percentages of whole investments and banking P2P=38% Shares=14% Cash Bank=49% (Most of this in banks, regular savers, TSB etc etc so not great rates but better than most!) This is taken as a whole for myself and Mrs Aju together ( We a consortium you see ;-)). we are not big players in P2P but do have quite a but have been there for quite a while and over the years done quite well i'd say. Edit: I know my percentages probably don;t add up due to rounding issues as I kept it very simple.
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corto
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one-syllabistic
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Post by corto on Jan 11, 2020 16:28:27 GMT
I've only done p2p for 2 years. Objectives therefore were for this year to diversify across loans and platforms and move were possible from standard to ISA accounts for the medium to lower risk platforms. That still holds generally, but given experiences so far (by myself and others) I'll reduce from 15% of investable wealth in p2p to 10% on the short/medium term. I also will be more selective with respect to platforms to invest in (diversification does not help on the level of platforms); opaque/secretive platforms will have lower chances as are those with high minimum limits per loan or excessive promised returns.
AC 35%: What's in the ISA will stay unless AC starts showing signs of distress; what's in the standard account I am slowly preparing to move into an S&S ISA after 4/20 (tax cut-off).
RS 20%: Much of this is money "parked" in the access accounts. I am not very happy with RS's tinkering in general and the returns in the ISA in particular, and therefore may even run the ISA down to move funds to an S&S ISA.
Abl 8% : No change
I'm with roughly 10 other platforms that hold between .36% and up to 6% of my funds in p2p:
FC (.36%) running down as it repays
A few platforms have 1k+ minimums per loan. They mostly offer development loans. I'll reduce funds in these platforms as they pay back. The risk level is too high for my taste.
The money freed from p2p will mostly go into Mutual Funds, ITs, and ETFs. I do have much in trackers but do believe that one should diversify (especially as one gets older than 35) across more than just global equity (VWRL, VEVE, SWDA, Fundsmith, Lindsell Train, and the like).
Occasionally, I am also looking into buying a house/flat on the continent; Prague, Budapest, Dresden, Madrid, all nice and some quite cheap. That would be a major act though ..
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Post by carol167 on Jan 11, 2020 16:29:19 GMT
Just curious do you mean your house is part of your portfolio or is it where you live?. In my case we are heavily over blown in P2P unless I include my house I live in then it lowers it quite a bit. For the moment though my P2P splits are as follows - not including where I live of course ;-) P2P = 38% of which RS=28% and ZOPA=72% and as percentages of whole investments and banking P2P=38% Shares=14% Cash Bank=49% (Most of this in banks, regular savers, TSB etc etc so not great rates but better than most!) This is taken as a whole for myself and Mrs Aju together ( We a consortium you see ;-)). we are not big players in P2P but do have quite a but have been there for quite a while and over the years done quite well i'd say.
Where I live. I don't have a mortgage. p-2-p is 42% without the house but will be coming down quite significantly this year. Been in p-2-p since 2012 and done very well out of it.
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aju
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Post by aju on Jan 11, 2020 16:41:53 GMT
Just curious do you mean your house is part of your portfolio or is it where you live?. In my case we are heavily over blown in P2P unless I include my house I live in then it lowers it quite a bit. For the moment though my P2P splits are as follows - not including where I live of course ;-) P2P = 38% of which RS=28% and ZOPA=72% and as percentages of whole investments and banking P2P=38% Shares=14% Cash Bank=49% (Most of this in banks, regular savers, TSB etc etc so not great rates but better than most!) This is taken as a whole for myself and Mrs Aju together ( We a consortium you see ;-)). we are not big players in P2P but do have quite a but have been there for quite a while and over the years done quite well i'd say. Where I live. I don't have a mortgage. p-2-p is 42% without the house but will be coming down quite significantly this year. Been in p-2-p since 2012 and done very well out of it. Oh okay bit like us then haven't had a mortgage for over ten years thankfully. Okay if I add our house into the mix the game then at what we last purchased at for some 5 years ago then its probably worth a good bit more now but I'll keep it simple ... House=63%
P2P=14%
Shares=5%
Cash Bank=18%
P2P in even that scenario is still a bit high so I will be reducing the zopa part from april if things haven't improved there.
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agent69
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Post by agent69 on Jan 11, 2020 16:42:49 GMT
I've been withdrawing from P2P over the last couple of years so don't have a lot invested.
- About £10k in the 6% Assetz ISA. Will be withdrawing it on maturity in April
- About £2.5k in deafaults hoping for reasonable recoveries with TC, ABL, MT
- About £2k with COL hoping for a meaningful recovery
- Petty cash amounts in defaults and not anticipating a lot to come from FC, FS (everyones favourite art dealer), AC MLIA (the famous plumbing man), UB (all with the loans to the Legal man).
It was fun whiile it lasted, but for me the risks now outweigh the potential returns by a significant amount.
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Post by wiseclerk on Jan 11, 2020 17:31:06 GMT
Here is my status
Linked Finance 22% Bondora 13% Estateguru 12% Viainvest 11% Iuvo 11% Ratesetter AUS 7% Investly 3%
Ablrate 2% Crowdestate 2% Crowdestor 2% Housers 2% Reinvest24 1%
Robocash 1%
Fellow Finance 1% Assetz Capital 1%
Mintos <1% October <1%
Moneything <1% Neofinance <1% Dagobertinvest <1% Boldyield <1%
Lendermarket <1%
Viventor <1%
Funding Circle Germany <1%
Lenndy <1%
Rebuilding Society <1%
Auxmoney <1% Monestro <1%
Many of the <1% positions are either tests or remaining parts that are unable to exit / need to wait out until maturity. 9 platforms exited completed over the lifetime of p2p investments.
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mrk
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Post by mrk on Jan 11, 2020 18:39:01 GMT
Here's my current snapshot: | Ratesetter | 14.1% | | Assetz | 13.4% | | Lending Works | 12.2% | | EasyMoney | 10.9% | | Ablrate | 6.9% | | Lendinvest | 6.2% | | Growth Street | 4.9% | | Crowd Property | 4.8% | | Proplend | 3.3% | | Funding Secure | 3.3% | | Zopa | 2.3% | | Linked Finance | 2.1% | | Grupeer | 2.1% | | PeerBerry | 1.9% | | Robocash | 1.9% | | Funding Circle | 1.8% | | Viventor | 1.5% | | Twino | 1.4% | | Mintos | 1.4% | | Iuvo Group | 1.1% | | Unbolted | 1.0% | | Moneything | 0.8% | | Abundance | 0.7% |
Edit: Lendy and Collateral not included because already written off. |
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Post by erniec on Jan 11, 2020 20:13:25 GMT
Cash Savings 52.7%
RateSetter 16.7% 1yr only, re-investing
Zopa 30.6% Running down, no re-investment
Considering moving cash savings into Premium Bonds.
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sarahcount
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Post by sarahcount on Jan 11, 2020 21:36:30 GMT
I'll spare you the percentages but in declining order;
FS, Abl, Col, MT, UB, W, L, AC, LW plus small balances in RS, Z, FC, K.
Not a pretty picture.
I spent a lot of time picking the best and safest loans on the self select platforms but have been somewhat undone by a variety of circumstances. Issues with the borrowers, which I anticipated to some extent, the platforms, where I underestimated their competence and the FCA - where I never for a moment imagined that they would allow third parties the ability to amend their ( the FCA's) own website to say platforms were authorised when they were not.
It's really only Abl and UB that I have much enthusiasm for nowadays and this is tempered with a degree of caution.
The fact that equities have been racing ahead these past five years just makes my situation worse.
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Nomad
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Post by Nomad on Jan 12, 2020 1:51:55 GMT
My percentages -
Wise Alpha 28.11
HNW Lending 12.18
Unbolted 10.16
Relendex 6.98
Ratesetter 5.52
Growth Street 4.56
Crowd Property 4.16
Assetz Capital 4.08
Loanpad 3.55
ArchOver 3.28
Ablrate 3.16
Lending Works 2.79
Uown 0.74
Downing Crowd 0.51
Moneything 0.33
Sun Exchange 0.11
Wise Alpha EUR 3.71
Via Invest 1.65
Estate Guru 0.87
Flender 0.87
EvoEstate 0.48
Grupeer 0.44
Lendermarket 0.43
Trine 0.43
Bulk Estate 0.17
Defaults etc 0.73
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rogedavi
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Post by rogedavi on Jan 12, 2020 9:15:33 GMT
Assetz Capital 31.5%
Wisealpha 29.6%
Growth Street 17.3%
Kuflink 15.5%
Loanpad 3.1%
RateSetter 1.5%
Unbolted 1.3%
AblRate 0.2%
Defaulted 0.05%
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mason
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Post by mason on Jan 12, 2020 10:15:35 GMT
Quoted as a percentage of my non-pension investments to make me feel a little better  Multiply by 10 if you want the percentage of my P2P.
Non-P2P: 90.8% AC: 3.5% Abl: 2.6% RS: 1.3% MT: 1.1% GS: 0.5% Kuflink: 0.2% UB: <0.1% (the litigious borrower's loans)
I've written off invesments with COL (was 2.5%/~15% P2P at time of default) and FS (was 0.8%/~12% P2P at time of default), hopefully there will be some recovery from these, if so it won't be reinvested in P2P.
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upland
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Post by upland on Jan 12, 2020 10:20:47 GMT
For me :-
Assetz 21%
LendingWorks 14%
Ratesetter 14%
Zopa 14%
Lendinvest 10%
FundingCircle 8% (reducing)
Kuflink 4%
Octopus 4%
Residual 11% (MT,Abl,Coll,Unb,FS,Lendy all "reducing")
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Multiply by 10 if you want the percentage of my P2P.