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Post by gramsky on Aug 13, 2021 18:02:20 GMT
I have been in P2P lending on various sites for several years and have not done too badly out of it so far.
Sites I am invested in at present:-
Lendy – roughly broken even if I take interest paid out into account and should get a bit more money back after the result of the recent court case.
RElendex ISA – Have done well in this, but sold as many loans as I could at beginning of lockdown and am now reinvesting.
LandlordInvest ISA– Have done OK in this, but there is shortage of loans to invest in.
Assetz Capital (ISA) – Sold as many of my loans at the beginning of lock-down and I still have the cash (£50K) sitting there doing nothing. Unable and reluctant to reinvest it and would like to transfer to ISA with another provider.
Proplend ISA – opened this with this year’s ISA allowance, bit concerned because the majority of loans are in commercial property and could turn bad if there is a downturn in the economy.
What I have considered:-
Assetz Exchange – The yields fairly low and properties overpriced with possible bursting of property bubble.
Crowdproperty – There is no secondary market so your money is committed for the duration of the loan and at the age of 70 I don’t really want to lock my money away for a lengthy period.
Kuflink – There is no secondary market in the ISA.
I am already max’ed out in Premium Bonds.
I have tried share dealing, but have always lost money. But should I consider investing in a managed fund portfolio. Shares prices seem to be a bubble with a possible future crash.
Silver bullion allocation – but will it go up or down further?
Any suggestions?
Thank you
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Post by overthehill on Aug 13, 2021 18:28:17 GMT
I have been in P2P lending on various sites for several years and have not done too badly out of it so far. Sites I am invested in at present:-
Lendy – roughly broken even if I take interest paid out into account and should get a bit more money back after the result of the recent court case. RElendex ISA – Have done well in this, but sold as many loans as I could at beginning of lockdown and am now reinvesting. LandlordInvest ISA– Have done OK in this, but there is shortage of loans to invest in. Assetz Capital (ISA) – Sold as many of my loans at the beginning of lock-down and I still have the cash (£50K) sitting there doing nothing. Unable and reluctant to reinvest it and would like to transfer to ISA with another provider. Proplend ISA – opened this with this year’s ISA allowance, bit concerned because the majority of loans are in commercial property and could turn bad if there is a downturn in the economy. What I have considered:-
Assetz Exchange – The yields fairly low and properties overpriced with possible bursting of property bubble. Crowdproperty – There is no secondary market so your money is committed for the duration of the loan and at the age of 70 I don’t really want to lock my money away for a lengthy period. Kuflink – There is no secondary market in the ISA. I am already max’ed out in Premium Bonds. I have tried share dealing, but have always lost money. But should I consider investing in a managed fund portfolio. Shares prices seem to be a bubble with a possible future crash. Silver bullion allocation – but will it go up or down further? Any suggestions? Thank you
Proplend Tranche A loans are the safest in P2P - even if the loan recovery is 40% then you still wouldn't lose any money. No development risk, much easier to value existing property earning provable income. The higher risk bridging loans can offer 9-10% for Tranche A (-10% proplend fee)
5k each in crowdproperty, kuflink, hnw lending (min 5k for isa), somo(min 5k unless you wait and try to pick up the last remnant of loan), unbolted, ablrate, capitalrise (min 1k). It would have to be a p2p tidal wave to go drastically wrong and earn less than the bank of scrooge.
EDIT: if you do join SoMo make sure you use a friend's or colleague's referral link to register as they will earn £250.
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Post by drphil on Aug 14, 2021 18:06:15 GMT
I don’t really want to lock my money away for a lengthy period. But should I consider investing in a managed fund portfolio. I won't offer any p2p suggestions as overthehill has already done than eloquently.
But what I will say is that stock market investment is for the long term (generally 7+ years, ideally 10-15) so not suitable if you don't want to lock your money away. And even then individual company shares are at the high risk end of that type of investment.
You say you've maxed out on Premium Bonds but what about bank accounts that offer a similar interest rate such as notice/fixed term and regular savers?
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Post by overthehill on Aug 14, 2021 18:44:54 GMT
I don’t really want to lock my money away for a lengthy period. But should I consider investing in a managed fund portfolio. I won't offer any p2p suggestions as overthehill has already done than eloquently.
But what I will say is that stock market investment is for the long term (generally 7+ years, ideally 10-15) so not suitable if you don't want to lock your money away. And even then individual company shares are at the high risk end of that type of investment.
You say you've maxed out on Premium Bonds but what about bank accounts that offer a similar interest rate such as notice/fixed term and regular savers?
Loanpad gets plenty of mentions in the forum as being the safest p2p platform, only 4% return but I think there is guaranteed early exit, I don't invest there so I don't want to mislead.
Fixed rate savings are creeping up, you can now get 1.22% for 1 year and 1.41% for 2 years. People have been saying it for years but interest rates are going up eventually and the banks will try to anticipate it and entice people in at lower rates, that competition has started pushing up the highest rate available.
For shares/funds/investment trusts you've missed the recent rally by about 6 months. US and Europe are at historic highs but Hang Seng and FTSE 100 are still well below historic highs. The best value based on share price to earnings is still the UK or Asia/Emerging markets who are yet to see any significant rally, US is in speculation territory, earnings have a lot of catching up to do to justify the share prices. Timing is everything for new investments, personally I've been reducing my US exposure until the next mini crash.
What I do is use Hargreaves Lansdown fund and investment trust search tool (2000+ to choose from) and then compare the 3 year / 5 year cumulative performance tables to find the best funds/trusts in whatever sector you're interested in. You don't need an account. I tend to avoid large investments in shares, I go for the funds and trusts with the best track records, Baillie Gifford has been the winner for me and they also have one the lowest charges of any active fund/trust manager. BG have a number of trusts as well but most of them don't have BG in their name e.g. scottish mortgage inv trust.
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Post by Ace on Aug 14, 2021 19:41:25 GMT
I won't offer any p2p suggestions as overthehill has already done than eloquently. But what I will say is that stock market investment is for the long term (generally 7+ years, ideally 10-15) so not suitable if you don't want to lock your money away. And even then individual company shares are at the high risk end of that type of investment.
You say you've maxed out on Premium Bonds but what about bank accounts that offer a similar interest rate such as notice/fixed term and regular savers?
Loanpad gets plenty of mentions in the forum as being the safest p2p platform, only 4% return but I think there is guaranteed early exit, I don't invest there so I don't want to mislead. Fixed rate savings are creeping up, you can now get 1.22% for 1 year and 1.41% for 2 years. People have been saying it for years but interest rates are going up eventually and the banks will try to anticipate it and entice people in at lower rates, that competition has started pushing up the highest rate available. For shares/funds/investment trusts you've missed the recent rally by about 6 months. US and Europe are at historic highs but Hang Seng and FTSE 100 are still well below historic highs. The best value based on share price to earnings is still the UK or Asia/Emerging markets who are yet to see any significant rally, US is in speculation territory, earnings have a lot of catching up to do to justify the share prices. Timing is everything for new investments, personally I've been reducing my US exposure until the next mini crash.
What I do is use Hargreaves Lansdown fund and investment trust search tool (2000+ to choose from) and then compare the 3 year / 5 year cumulative performance tables to find the best funds/trusts in whatever sector you're interested in. You don't need an account. I tend to avoid large investments in shares, I go for the funds and trusts with the best track records, Baillie Gifford has been the winner for me and they also have one the lowest charges of any active fund/trust manager. BG have a number of trusts as well but most of them don't have BG in their name e.g. scottish mortgage inv trust.
I'd agree that Loanpad is the safest P2P platform. 4% for 60 day notice account. Early access may be available for a 0.5% fee when there are sufficient undeployed funds on the platform, but, as with all P2P, there are no guarantees.
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Post by gramsky on Aug 15, 2021 18:27:29 GMT
I won't offer any p2p suggestions as overthehill has already done than eloquently.
But what I will say is that stock market investment is for the long term (generally 7+ years, ideally 10-15) so not suitable if you don't want to lock your money away. And even then individual company shares are at the high risk end of that type of investment.
You say you've maxed out on Premium Bonds but what about bank accounts that offer a similar interest rate such as notice/fixed term and regular savers?
Loanpad gets plenty of mentions in the forum as being the safest p2p platform, only 4% return but I think there is guaranteed early exit, I don't invest there so I don't want to mislead.
Fixed rate savings are creeping up, you can now get 1.22% for 1 year and 1.41% for 2 years. People have been saying it for years but interest rates are going up eventually and the banks will try to anticipate it and entice people in at lower rates, that competition has started pushing up the highest rate available.
For shares/funds/investment trusts you've missed the recent rally by about 6 months. US and Europe are at historic highs but Hang Seng and FTSE 100 are still well below historic highs. The best value based on share price to earnings is still the UK or Asia/Emerging markets who are yet to see any significant rally, US is in speculation territory, earnings have a lot of catching up to do to justify the share prices. Timing is everything for new investments, personally I've been reducing my US exposure until the next mini crash.
What I do is use Hargreaves Lansdown fund and investment trust search tool (2000+ to choose from) and then compare the 3 year / 5 year cumulative performance tables to find the best funds/trusts in whatever sector you're interested in. You don't need an account. I tend to avoid large investments in shares, I go for the funds and trusts with the best track records, Baillie Gifford has been the winner for me and they also have one the lowest charges of any active fund/trust manager. BG have a number of trusts as well but most of them don't have BG in their name e.g. scottish mortgage inv trust.
Now I was considering HL's ready made income portfolios.
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Post by df on Aug 15, 2021 19:56:45 GMT
Loanpad gets plenty of mentions in the forum as being the safest p2p platform, only 4% return but I think there is guaranteed early exit, I don't invest there so I don't want to mislead. Fixed rate savings are creeping up, you can now get 1.22% for 1 year and 1.41% for 2 years. People have been saying it for years but interest rates are going up eventually and the banks will try to anticipate it and entice people in at lower rates, that competition has started pushing up the highest rate available. For shares/funds/investment trusts you've missed the recent rally by about 6 months. US and Europe are at historic highs but Hang Seng and FTSE 100 are still well below historic highs. The best value based on share price to earnings is still the UK or Asia/Emerging markets who are yet to see any significant rally, US is in speculation territory, earnings have a lot of catching up to do to justify the share prices. Timing is everything for new investments, personally I've been reducing my US exposure until the next mini crash.
What I do is use Hargreaves Lansdown fund and investment trust search tool (2000+ to choose from) and then compare the 3 year / 5 year cumulative performance tables to find the best funds/trusts in whatever sector you're interested in. You don't need an account. I tend to avoid large investments in shares, I go for the funds and trusts with the best track records, Baillie Gifford has been the winner for me and they also have one the lowest charges of any active fund/trust manager. BG have a number of trusts as well but most of them don't have BG in their name e.g. scottish mortgage inv trust. I'd agree that Loanpad is the safest P2P platform. 4% for 60 day notice account. Early access may be available for a 0.5% fee when there are sufficient undeployed funds on the platform, but, as with all P2P, there are no guarantees. Yes, the time will show how safe it is, but at the moment LP works as a very good substitute for AC's AAs. I like the model - simple, flexible and transparent.
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Post by overthehill on Aug 15, 2021 20:14:42 GMT
Loanpad gets plenty of mentions in the forum as being the safest p2p platform, only 4% return but I think there is guaranteed early exit, I don't invest there so I don't want to mislead.
Fixed rate savings are creeping up, you can now get 1.22% for 1 year and 1.41% for 2 years. People have been saying it for years but interest rates are going up eventually and the banks will try to anticipate it and entice people in at lower rates, that competition has started pushing up the highest rate available.
For shares/funds/investment trusts you've missed the recent rally by about 6 months. US and Europe are at historic highs but Hang Seng and FTSE 100 are still well below historic highs. The best value based on share price to earnings is still the UK or Asia/Emerging markets who are yet to see any significant rally, US is in speculation territory, earnings have a lot of catching up to do to justify the share prices. Timing is everything for new investments, personally I've been reducing my US exposure until the next mini crash.
What I do is use Hargreaves Lansdown fund and investment trust search tool (2000+ to choose from) and then compare the 3 year / 5 year cumulative performance tables to find the best funds/trusts in whatever sector you're interested in. You don't need an account. I tend to avoid large investments in shares, I go for the funds and trusts with the best track records, Baillie Gifford has been the winner for me and they also have one the lowest charges of any active fund/trust manager. BG have a number of trusts as well but most of them don't have BG in their name e.g. scottish mortgage inv trust.
Now I was considering HL's ready made income portfolios.
Wouldn't bother, you're just paying double fund charges. I also wouldn't pay any attention to HL's top fund lists or their own 'dumb investor' products, it's all business and relationship driven not performance, the neil woodford scandal did untold damage to their recommendations model. Some of the funds have an HL charges discount but that would be dwarfed by relative underperformance. Choose your own fund portfolio, HL still get their 0.45% platform fee. Investing via Investment Trusts is probably better with someone like Freetrade now as there is no buying/selling charge or a platform fee.
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Post by overthehill on Oct 17, 2021 15:05:16 GMT
Freetrade have a free share offer for new stock ISAs until 30nov. £50 min for 1-5000 and £100 min for 5001-10000. You can buy and sell UK or international shares, investments trusts or ETF's with no charges or commission, NOT funds. Monthly fee of £3 pm for an isa or £10 pm for the premium isa or standard account which gives you access to every stock. Monthly fee is £0 for a standard account with access to smaller range of stocks.
The free Apple share came as a shock because my motive was just deploying idle ISA cash earning no interest. Watch it crash...
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323 
Likes: 897
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Post by JamesFrance on Oct 22, 2021 8:19:11 GMT
Having become increasingly nervous about inflation with maybe low returns from equities and possibly overdue for a large correction, I have been looking for something less likely to lose value. When the market went down at the end of the century it took until 2003 before it started up again. Fortunately my small private pension fund was invested in property so I did not suffer a low value when I took the pension in 2003. The pension income is linked to the All Share Index and has turned out well so far.
I have now liquidated some ETF investments in ISAs and Bought into 2 REITs,
It seems to me that these should both be fairly inflation proof and are invested in property which will benefit from everyone having to eat and growing on line business. They have both gone down recently, presumably because of the driver shortage, but seem to be going up again now.
I used the ISAs because the dividends have a 20% tax reduction which is refundable in an ISA.
What do you think?
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Steerpike
Member of DD Central
Posts: 1,977
Likes: 1,687
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Post by Steerpike on Oct 22, 2021 9:12:40 GMT
I bought Tritax in 2016, it has done very well and, apart from a bit of profit taking, I continue to hold for the dividends.
For the future, one possible downside is if Rishi decides that some of the burden of business rates tax should be moved from the high street to the warehouse.
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Post by kazamx on Nov 8, 2021 20:35:04 GMT
I would say that you should take a look at Wisealpha.com
You invest in the bonds of large(ish) companies such as Virgin Media, Ocado, Premier Foods, Gatwick. They have about 200 bonds on the platform to choose from.
They take a 1% fee per year.
I have been with them since 2017 and have made about a 6% return each year.
Not financial advice, but it could be worth your time to give them a look
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ashtondav
Member of DD Central
Posts: 1,814
Likes: 1,092
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Post by ashtondav on Nov 11, 2021 13:26:27 GMT
Having become increasingly nervous about inflation with maybe low returns from equities and possibly overdue for a large correction, I have been looking for something less likely to lose value. When the market went down at the end of the century it took until 2003 before it started up again. Fortunately my small private pension fund was invested in property so I did not suffer a low value when I took the pension in 2003. The pension income is linked to the All Share Index and has turned out well so far.
I have now liquidated some ETF investments in ISAs and Bought into 2 REITs,
It seems to me that these should both be fairly inflation proof and are invested in property which will benefit from everyone having to eat and growing on line business. They have both gone down recently, presumably because of the driver shortage, but seem to be going up again now.
I used the ISAs because the dividends have a 20% tax reduction which is refundable in an ISA.
What do you think?
Shares in terms of FTSE100 are about where they were 22 years ago. Yes youve got the dividends and yes you may be a Fundsmith investor - but then again no. Corporate nad government bonds have exceeded equity returns over that period but like equity look overvalued. P2P looks a relatively safe option in a relatively unsafe world. Especially the ikes of loanpad and the less risky unbolted offerings...
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hazellend
Member of DD Central
Posts: 2,363
Likes: 2,180
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Post by hazellend on Nov 11, 2021 13:45:49 GMT
Having become increasingly nervous about inflation with maybe low returns from equities and possibly overdue for a large correction, I have been looking for something less likely to lose value. When the market went down at the end of the century it took until 2003 before it started up again. Fortunately my small private pension fund was invested in property so I did not suffer a low value when I took the pension in 2003. The pension income is linked to the All Share Index and has turned out well so far.
I have now liquidated some ETF investments in ISAs and Bought into 2 REITs,
It seems to me that these should both be fairly inflation proof and are invested in property which will benefit from everyone having to eat and growing on line business. They have both gone down recently, presumably because of the driver shortage, but seem to be going up again now.
I used the ISAs because the dividends have a 20% tax reduction which is refundable in an ISA.
What do you think?
Shares in terms of FTSE100 are about where they were 22 years ago. Yes youve got the dividends and yes you may be a Fundsmith investor - but then again no. Corporate nad government bonds have exceeded equity returns over that period but like equity look overvalued. P2P looks a relatively safe option in a relatively unsafe world. Especially the ikes of loanpad and the less risky unbolted offerings... P2P is a wolf in sheep’s clothing. Looks safe, but is fatally dangerous. In my opinion, long term the global stock market gives much better risk adjusted returns.
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Post by Ace on Nov 11, 2021 13:58:08 GMT
Shares in terms of FTSE100 are about where they were 22 years ago. Yes youve got the dividends and yes you may be a Fundsmith investor - but then again no. Corporate nad government bonds have exceeded equity returns over that period but like equity look overvalued. P2P looks a relatively safe option in a relatively unsafe world. Especially the ikes of loanpad and the less risky unbolted offerings... P2P is a wolf in sheep’s clothing. Looks safe, but is fatally dangerous. In my opinion, long term the global stock market gives much better risk adjusted returns. I think a diversified portfolio at the safer end of the P2P spectrum can give decent stable returns. I think I can achieve roughly equal long term returns from P2P and global share trackers. I'm even beginning to think that my P2P portfolio will give higher returns. However, the amount of work needed for the P2P portfolio massively dwarfs that required for the global share trackers. A mix of both is a reasonable proposition, with safer P2P options replacing bonds in traditional mixes.
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