jcb208
Member of DD Central
Posts: 838 
Likes: 638
|
Post by jcb208 on Oct 14, 2016 12:42:04 GMT
As a lot of people already have near the amount they want in these loans I think the allocation will be higher then usual.I for one will not be investing more in these 3 DFL's
|
|
Balder
Member of DD Central
Posts: 646
Likes: 622
|
Post by Balder on Oct 14, 2016 12:51:05 GMT
And a new DFL appeared in Crewe. And just as quickly it disappeared. I wonder if we will see it again.
I'm glad you saw it too... I thought I was imagining things 
I expect it will reappear on Monday at a lower interest %
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Oct 14, 2016 13:08:12 GMT
Guesses anybody for the allocation on those three loans? With the recent unexpected repayment, I guess they are going to be popular. My guess is a total allocation will be about £700. As a lot of people already have near the amount they want in these loans I think the allocation will be higher then usual.I for one will not be investing more in these 3 DFL's Before jcb208's comment, I was guessing the total allocation would be about £1000. Following that comment, maybe £1200 is more likely.
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Oct 14, 2016 14:16:33 GMT
That DFL Crewe Loan is back | GROSS DEV VALUE | £1,615,000
| LOAN VALUE
| £278,083 | LOAN TO GDV
| 17% | REMAINING TIME
| 455 days
| ANNUAL RATE
| 12% |
Note the red! 455days  |
|
duck
Member of DD Central
Posts: 2,880
Likes: 6,964
|
Post by duck on Oct 14, 2016 14:30:35 GMT
I hope there is a missing 'e' otherwise we are investing in a very poor Spanish dance group!
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Oct 14, 2016 14:32:23 GMT
I hope there is a missing 'e' otherwise we are investing in a very poor Spanish dance group!  > my spelling mistake - not SS (and corrected)
|
|
|
|
Post by pepperpot on Oct 14, 2016 14:53:21 GMT
That DFL Crewe Loan is back | GROSS DEV VALUE | £1,615,000
| LOAN VALUE
| £278,083 | LOAN TO GDV
| 17% | REMAINING TIME
| 455 days
| ANNUAL RATE
| 12% |
Note the red! 455days Ahh, you've lead a sheltered SS life I see. Now you've broken the mould with an MT foray, some of the dev loans have terms of 18mths (BPF407 and MTAH367 to name a couple). 2 years is the longest one I've taken part in (on AC). Before we get paid back I expect DFL1+2 to be extended at least once. Seems SS are getting more realistic over loan duration, good.
|
|
bababill
Member of DD Central
Posts: 529
Likes: 245
|
Post by bababill on Oct 14, 2016 18:25:48 GMT
We have a moral duty to invest further in the three loans coming this weekend to ensure build to completion.
However, I have too much combined exposure to the two Exeter loans as the borrower is probably the same in both.
Any outstanding reasons to overcome this?
|
|
|
|
Post by Deleted on Oct 14, 2016 18:32:50 GMT
We have a moral duty to invest further in the three loans coming this weekend to ensure build to completion. However, I have too much combined exposure to the two Exeter loans as the borrower is probably the same in both. Any outstanding reasons to overcome this? Do not trouble yourself too much about your moral duty, the loans will be many times oversubscribed, so only increase your exposure if you are happy too.
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Oct 14, 2016 18:33:58 GMT
We have a moral duty to invest further in the three loans coming this weekend to ensure build to completion. : SS may have a moral obligation, but I don't. Particularly as I'm convinced that there are at least a thousand SS investors eager for a part of each of these new tranches. So there won't be any difficulty funding these advances even if I -- and a hundred other forum readers -- don't participate.
|
|
bababill
Member of DD Central
Posts: 529
Likes: 245
|
Post by bababill on Oct 14, 2016 21:30:11 GMT
I should have added the following sentence for better clarification:
In addition to the eternal moral duty for which I feel forever bound by; I want to invest as I have idle cash.
But still the issue of two much concentration risk on one borrower exists.
Was hoping someone would say ''as you know SS do not provide the name of the borrower and your wild guess that it is one in the same is false; I know this because my due diligence revealed xxxxxxx"
:-(
|
|
|
|
Post by Deleted on Oct 14, 2016 22:32:39 GMT
Was hoping someone would say ''as you know SS do not provide the name of the borrower and your wild guess that it is one in the same is false; I know this because my due diligence revealed xxxxxxx" :-( I'd stick with your wild guess  , there should be a few other parts on the sm tomorrow if you want to diversify.
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Oct 15, 2016 1:53:05 GMT
But still the issue of two much concentration risk on one borrower exists. I tend to allow myself high-ish concentration risk in the early days of a loan, with the intention of reducing my exposure as the loan ages and opportunities to diversify present themselves. That's the theory, anyway. Putting the plan into practice is easier said than done because it requires a bit of discipline. 
|
|
littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,045
Likes: 1,862
|
Post by littleoldlady on Oct 15, 2016 7:58:14 GMT
But still the issue of two much concentration risk on one borrower exists. I tend to allow myself high-ish concentration risk in the early days of a loan, with the intention of reducing my exposure as the loan ages and opportunities to diversify present themselves. That's the theory, anyway. Putting the plan into practice is easier said than done because it requires a bit of discipline. And a liquid SM which is not guaranteed and could dry up instantly if something bad happens.
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on Oct 15, 2016 9:18:52 GMT
And a liquid SM which is not guaranteed and could dry up instantly if something bad happens. Looking beyond the environs of P2P it is apparent that there's growing uncertainty, not just within our shores, through Brexit, through Sterling, through Presidential elections in the US etc, etc that I personally applied a good dose of prudence to my P2P portfolio and reduced my sector Investments by 2/3 rds liquidating my entire holdings in two Platforms, the process took less than 5 minutes to complete and a liquid SM made this possible. Knowing when to hold, knowing when to let go... I will patiently bide my time and watch and listen to what is going on close by and at a distance from the shores of the UK before picking up again in a true buyers market, a market where consolidation has occurred and burnt fingers deter. Discipline can manifest well beyond fund allocations to one Borrower, one project, one loan or one Platform but this is a matter for each one of us to decide. Best regards. Fair enough and good luck to you, but it seems to me that there is ALWAYS plenty of bad news out there, in one form or another. I personally started buying Gold a few years ago, convinced that the EU was going to collapse, and was also very concerned about global debt levels and the prospect of very high inflation. I was reading loads of websites predicting doom&gloom, and believed much of what I was reading. Yes , yes , I know .....  . I now very much wish I'd ignored the doomsters and just bought equities instead of Gold. I now believe that if you ask a man his opinion about the economy, you will learn nothing about the economy but quite a bit about the man ! The same may also apply to women, but I suspect they are a bit more sensible
|
|
, there should be a few other parts on the sm tomorrow if you want to diversify.
. I now very much wish I'd ignored the doomsters and just bought equities instead of Gold.