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Post by overthehill on Feb 4, 2022 20:17:00 GMT
I switched to the daily summary email a while back and turned off all other emails - much better. I've been oscillating around the same outstanding amount for about month, I seem to have hit the investment ceiling. I'm not sticking more money in just to sweeten the algorithm or change my limits from £200.
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Post by df on Feb 4, 2022 21:58:14 GMT
I switched to the daily summary email a while back and turned off all other emails - much better. I've been oscillating around the same outstanding amount for about month, I seem to have hit the investment ceiling. I'm not sticking more money in just to sweeten the algorithm or change my limits from £200.
I've hit it few years ago, but sill do occasional deposits and withdrawals - it can stay the same for a month or two, but never stable in longer term.
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Post by Mr Baggy on Feb 10, 2022 20:19:21 GMT
Hi just a question does unbolted pay a monthly interest on there auto invest facility
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nick
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Post by nick on Feb 10, 2022 20:37:59 GMT
Hi just a question does unbolted pay a monthly interest on there auto invest facility No. Interest and capital is paid on the maturity of each individual loan.
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sussexpeer
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If you don't make a plan, you'll end up where you're headed.
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Post by sussexpeer on Feb 11, 2022 22:36:35 GMT
I seem to be on a roll with UB.
In January I noticed a marked reduction in my cash drag as I increased my balance and limits, so on Feb 4th I put in an extra £5k into my two accounts. 1 week later, and £4.5k extra has been lent out.
An outstanding result, so I'm topping up again.
(NB: my limits are £3-4k in both accounts)
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Ukmikk
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Post by Ukmikk on Feb 13, 2022 11:24:34 GMT
I seem to be on a roll with UB. In January I noticed a marked reduction in my cash drag as I increased my balance and limits, so on Feb 4th I put in an extra £5k into my two accounts. 1 week later, and £4.5k extra has been lent out. An outstanding result, so I'm topping up again. (NB: my limits are £3-4k in both accounts) Hmmm, I've had 3-4k uninvested for a long time and nothing seems to shift it. Did we not establish ages ago that new money gets priority over reinvested money? To be fair my limits are all around the £1k mark which I thought was pretty high so maybe I need to go higher.
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Post by df on Feb 13, 2022 22:02:46 GMT
I seem to be on a roll with UB. In January I noticed a marked reduction in my cash drag as I increased my balance and limits, so on Feb 4th I put in an extra £5k into my two accounts. 1 week later, and £4.5k extra has been lent out. An outstanding result, so I'm topping up again. (NB: my limits are £3-4k in both accounts) Hmmm, I've had 3-4k uninvested for a long time and nothing seems to shift it. Did we not establish ages ago that new money gets priority over reinvested money? To be fair my limits are all around the £1k mark which I thought was pretty high so maybe I need to go higher. Are you sure? As far as I know 'cash balance' doesn't differentiate between the returns and deposits.
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Post by Ace on Feb 13, 2022 23:55:29 GMT
Hmmm, I've had 3-4k uninvested for a long time and nothing seems to shift it. Did we not establish ages ago that new money gets priority over reinvested money? To be fair my limits are all around the £1k mark which I thought was pretty high so maybe I need to go higher. Are you sure? As far as I know 'cash balance' doesn't differentiate between the returns and deposits. I haven't seen any evidence that new money gets priority. It may seem like that when a new account is funded as it won't be troubled by repayments for the first 6 months.
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jonno
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nil satis nisi optimum
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Post by jonno on Feb 14, 2022 10:32:21 GMT
Are you sure? As far as I know 'cash balance' doesn't differentiate between the returns and deposits. I haven't seen any evidence that new money gets priority. It may seem like that when a new account is funded as it won't be troubled by repayments for the first 6 months. A completely valid point, but you did make me smile by your choice of words..........."troubled" by repayments  If only Lendy, Collateral et al had been more "troublesome" 
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Post by Ace on Feb 14, 2022 11:40:52 GMT
I haven't seen any evidence that new money gets priority. It may seem like that when a new account is funded as it won't be troubled by repayments for the first 6 months. A completely valid point, but you did make me smile by your choice of words..........."troubled" by repayments  If only Lendy, Collateral et al had been more "troublesome"  😆Yes, a rather clumsy choice of words on my part. It reminds me now of an overly polite cricket commentator who used to say that failed batsmen "hadn't troubled the scorers".
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Ukmikk
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Post by Ukmikk on Feb 14, 2022 19:24:53 GMT
Are you sure? As far as I know 'cash balance' doesn't differentiate between the returns and deposits. I haven't seen any evidence that new money gets priority. It may seem like that when a new account is funded as it won't be troubled by repayments for the first 6 months. OK happy to be corrected, it was a vague recollection which may not have any basis.
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Ukmikk
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Post by Ukmikk on Feb 14, 2022 19:26:52 GMT
I seem to be on a roll with UB. In January I noticed a marked reduction in my cash drag as I increased my balance and limits, so on Feb 4th I put in an extra £5k into my two accounts. 1 week later, and £4.5k extra has been lent out. An outstanding result, so I'm topping up again. (NB: my limits are £3-4k in both accounts) Do you know if most of this got swallowed up by business loans? Or was it much more going into standard and gold loans?
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mogish
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Post by mogish on Feb 14, 2022 19:28:39 GMT
After a brief period of larger value investments, things have reverted back to £5 chunks. Might be due to more investors using UB now diluting loans.
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Post by df on Feb 14, 2022 22:52:51 GMT
After a brief period of larger value investments, things have reverted back to £5 chunks. Might be due to more investors using UB now diluting loans. We've seen many of these "brief periods", but £5 chunks were always there. I don't think it has anything to do with the number of active investors, but with the loan sizes.
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sussexpeer
Member of DD Central
If you don't make a plan, you'll end up where you're headed.
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Post by sussexpeer on Feb 14, 2022 22:57:17 GMT
I seem to be on a roll with UB. In January I noticed a marked reduction in my cash drag as I increased my balance and limits, so on Feb 4th I put in an extra £5k into my two accounts. 1 week later, and £4.5k extra has been lent out. An outstanding result, so I'm topping up again. (NB: my limits are £3-4k in both accounts) Do you know if most of this got swallowed up by business loans? Or was it much more going into standard and gold loans? Hi Ukmikk, good question. Most of that investment (about 75%) was swallowed up by just two lots. The first (Feb 9th) was the Audemars Piguet Royal Oak Openworked Rosegold Skeleton, which looks really cool when I googled it. And the other lot (Feb 11th) was "a collection of 24 antique books, manuscripts, works on paper and etchings". You'll note, I run with very high investing limits, so occasionally I end up with rather large chunks of very valuable items. A couple of years ago I had about eight grand in a red 1955 Bentley Continental, probably the value of its part-worn spare tyre. However, in over three years with UB I've never lost a penny on anything, and I'm earning about 8.8% with low LTVs for my trouble. I wonder if UB might pick up some of Connective Lending's slack.
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If only Lendy, Collateral et al had been more "troublesome" 
If only Lendy, Collateral et al had been more "troublesome" 