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Post by carol167 on Feb 5, 2020 14:56:21 GMT
I'm just curious what other people are doing.
I tend to just put £100 per loan using autoinvest with <65% LTV, Tranche A's only with no minimum rate. Sometimes I manually add an extra £100 if I like the look of a particular loan, but that's not that often.
Having gone a full year from pretty much zero (having run down my account prior to that) I've managed to build it back up to circa £10,000 invested across 91 loans.
I'm thinking of increasing to £200 a loan going forward.
What are other peoples typcal £ amounts ?
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Post by gravitykillz on Feb 5, 2020 16:11:28 GMT
Depending on ltv. I try to avoid development loans unless their ltv is really low! Ltv of 40-50% = £300. 50% to 60% ltv usually £250 61% or more ltv I totally avoid!! I usually get a text notification when a new loan is put up!
I prefer to pick my own loans.
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Post by carol167 on Feb 5, 2020 16:52:33 GMT
Depending on ltv. I try to avoid development loans unless their ltv is really low! Ltv of 40-50% = £300. 50% to 60% ltv usually £250 61% or more ltv I totally avoid!! I usually get a text notification when a new loan is put up! I prefer to pick my own loans.
Thanks for the info.
On occasion some really low LTV loans slip through if I don't have auto on. By the time I've seen the alert and dived in - sometimes it's all gone so I do find auto useful. I really do wish they would let auto differentiate between development and residential loans.
I'll ponder manually adding more to the better looking loans and perhaps leave auto on £100.
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benaj
Member of DD Central
Posts: 4,135 
Likes: 1,348
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Post by benaj on Feb 5, 2020 19:43:13 GMT
I only do self select. Min £100, in the past I did ££££.
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Post by scepticalinvestor on Feb 6, 2020 12:40:14 GMT
Auto invest up to £50 (in the past when it was allowed) per part, £100 now.
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benaj
Member of DD Central
Posts: 4,135
Likes: 1,348
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Post by benaj on Feb 6, 2020 21:27:16 GMT
Bl*** Ro** UB3 repaid and I've withdrawn the fund. I will top up with the "debit card" when the opportunity pops up.
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Post by scepticalinvestor on Feb 13, 2020 16:39:44 GMT
benaj I'm curious. Sorry if it's obvious! Why do you say "debit card"?
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benaj
Member of DD Central
Posts: 4,135
Likes: 1,348
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Post by benaj on Feb 13, 2020 18:24:22 GMT
I prefer debit card top up. It is instant. Unlike a credit card, I don’t have to worry about fees / paying interest.
Some “debit cards” are customised by the card issuers with extra features: such as card locking, review PIN, multi currency, linked with Gold, specific needs
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