A momentous day. No capital loss for me. (RS)

coogaruk

Hello everyone! Anyone remember me?

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A momentous day. No capital loss for me. (RS) Jan 18, 2021 12:11:17 GMT gricehead, mfaxford, and 3 more like this

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Post by coogaruk on Jan 18, 2021 12:11:17 GMT

Towards the end of May last year I decided to reduce my exposure and soon after 'stumbled' into wind-down mode, a strategy that had worked well for me in the past with both Zopa and FC.

At the time it was suggested by some(one) that unless I took drastic action I would face massive losses.

Well I can now report that with today's withdrawal I have recouped 100% of my original capital investment, all via repayments and with no RYIs (I've dabbled with these but have so far cancelled them all).

With just my 'profits' left invested from now on, hopefully it'll be downhill all the way...

Pensioner. Investor. Ex-Peer to Peer Lender. Executive Producer. Antagonist.

benaj
Member of DD Central

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A momentous day. No capital loss for me. (RS) Jan 21, 2021 14:30:15 GMT jlend and sapphire like this

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Post by benaj on Jan 21, 2021 14:30:15 GMT

It's another great achievement in P2P lending. I hope more platforms follow no capital loss but profit principle. Clearing out all those RYIs and 1 year in less than a year is definitely something RS should be proud of.

gricehead Posts: 87 Likes: 44	A momentous day. No capital loss for me. (RS) Feb 22, 2021 14:32:35 GMT jlend and beagle like this Quote Select Post Deselect Post Link to Post Back to Top Post by gricehead on Feb 22, 2021 14:32:35 GMT I reached this milestone some time in the last week (I've reduced the number of times I check my portfolio in recent times.) It's a good feeling.

A momentous day. No capital loss for me. (RS)

Post by coogaruk on Jan 18, 2021 12:11:17 GMT

Post by benaj on Jan 21, 2021 14:30:15 GMT

Post by gricehead on Feb 22, 2021 14:32:35 GMT