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Post by buzzablinio on Mar 3, 2020 8:08:49 GMT
I've just calculated my current combined Assetz Capital return on a five figure sum across the GBBA and Green accounts as....wait for it....0.017% can any others beat that?!
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ashtondav
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Post by ashtondav on Mar 3, 2020 8:19:24 GMT
Yep, making great returns in Qaa, 30d and 90d accounts. Why would I use anything else?
i thought the GBBA accounts were flawed due to diversification problems making them uninvestible.
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rogedavi
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Post by rogedavi on Mar 3, 2020 10:03:00 GMT
with p2p its sometimes worth bearing in mind that Return Of Capital is more important than Return On Capital....
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ashtondav
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Post by ashtondav on Mar 3, 2020 17:03:05 GMT
with p2p its sometimes worth bearing in mind that Return Of Capital is more important than Return On Capital.... That is true but very few people in the top 4 p2p sites who have continued to reinvest their interest and capital have lost capital. The ones most damaged are those who didn't understand the risks of p2p and jumped ship leaving them with a rump of bad debts and late payers. Thats why i think the AC access accounts are so good (SO FAR!).
Outside of the top 4 it's an altogether riskier proposition.
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Post by Undecided on Mar 3, 2020 17:27:51 GMT
Which do you consider to be the top 4?
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Post by gravitykillz on Mar 3, 2020 19:27:35 GMT
I've just calculated my current combined Assetz Capital return on a five figure sum across the GBBA and Green accounts as....wait for it.... 0.017% can any others beat that?! At least you didn't lose your capital unlike some of the poor folk on funding circle.
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benaj
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Post by benaj on Mar 3, 2020 20:27:59 GMT
To be fair, at least there's no capital loss. I have made plenty of investment mistakes, some are 100% loss.  Let's make better return from the released capital. |
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Post by gravitykillz on Mar 3, 2020 20:35:45 GMT
Which do you consider to be the top 4? Ratesetter Assetz Crowdproperty Lendinvest And possibly loanpad.... Everything else is far riskier
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Greenwood2
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Post by Greenwood2 on Mar 3, 2020 20:55:02 GMT
Which do you consider to be the top 4? Ratesetter Assetz Crowdproperty Lendinvest And possibly loanpad.... Everything else is far riskier Although Zopa is not best loved on here these days, I am getting 4%+ after losses, and losses are tax deductible, and I think it is a low risk platform (plus I admit I get an early adopter bonus on top).
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Post by df on Mar 3, 2020 21:16:37 GMT
To be fair, at least there's no capital loss. I have made plenty of investment mistakes, some are 100% loss. Let's make better return from the released capital. Well, none of the loans have been declared as crystallised loss yet. I didn't calculate my return from these accounts, but looking at remaining loan book and allocated PF - it will be a mirracle if I don't loose any capital. Good job that profit made from my manual and access accounts offset any possible losses from GBBA and Green.
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ashtondav
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Post by ashtondav on Mar 3, 2020 21:52:06 GMT
Which do you consider to be the top 4? Ratesetter Assetz Crowdproperty Lendinvest And possibly loanpad.... Everything else is far riskier Nah. ZOPA FC AC RS The others are like buying dodgy dollars. Most of the lenders on FC who lost money were those who froze relending sold up and were left with only bad debt.
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Post by gravitykillz on Mar 4, 2020 5:31:07 GMT
Ratesetter Assetz Crowdproperty Lendinvest And possibly loanpad.... Everything else is far riskier Nah. ZOPA FC AC RS The others are like buying dodgy dollars. Most of the lenders on FC who lost money were those who froze relending sold up and were left with only bad debt. I have not lost any money on crowdproperty or lendinvest so far. Can you say the same for fc and zopa ?
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rogedavi
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Post by rogedavi on Mar 4, 2020 13:54:29 GMT
I agree that the big4 are FC, Z, RS & AC.
They are not the 4 I invest in however...
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Post by gravitykillz on Mar 4, 2020 14:27:05 GMT
I agree that the big4 are FC, Z, RS & AC. They are not the 4 I invest in however... A few years ago fc and zopa were THE p2p platforms. I myself started with fc but over time the platform evolved into something ugly. Hence I ran like the wind.
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Greenwood2
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Post by Greenwood2 on Mar 4, 2020 16:13:21 GMT
I agree that the big4 are FC, Z, RS & AC. They are not the 4 I invest in however... A few years ago fc and zopa were THE p2p platforms. I myself started with fc but over time the platform evolved into something ugly. Hence I ran like the wind. Even longer ago Zopa were the ONLY P2P platform!
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Let's make better return from the released capital.
