ablender
Member of DD Central
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Post by ablender on Feb 3, 2016 17:56:04 GMT
Well nearly 5% of the loan book just paid back (~3/60 million), so having 7% of your funds in those is not a million miles from "diversified", especially if you arrived too late for some of the early offerings, or decided to not invest in those loans which are 3-4 months overdue. The issue is 'not enough loans' (and even fewer unrelated borrowers), plus a secondary market which makes diversifying as challenging as accumulating a decent collection of Picasso originals. I have one for sale if you want it.
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Post by solicitorious on Feb 3, 2016 17:56:46 GMT
7% of my holdings repaid in the last few days... Come on savingstream ... with that pipeline! Then you are not well diversified on SS. I beg to differ. Prior to this week I had 57 loans. 4/57 is 7%
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Feb 3, 2016 18:01:05 GMT
Well nearly 5% of the loan book just paid back (~3/60 million), so having 7% of your funds in those is not a million miles from "diversified", especially if you arrived too late for some of the early offerings, or decided to not invest in those loans which are 3-4 months overdue. The issue is 'not enough loans' (and even fewer unrelated borrowers), plus a secondary market which makes diversifying as challenging as accumulating a decent collection of Picasso originals. Probably harder. The Picassos are probably one of the Captchas
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,334
Likes: 11,558
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Post by ilmoro on Feb 3, 2016 18:05:52 GMT
Then you are not well diversified on SS. I beg to differ. Prior to this week I had 57 loans. 4/57 is 7% I agree. Its about 7% of my investment & 10% of my loans. Given there are only 35 loans with a term greater than 3 months, at which pointI tend to sell down, broader diversification is difficult.
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ablender
Member of DD Central
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Post by ablender on Feb 3, 2016 18:17:48 GMT
In my case, those three loans were just above 3% (money wise - not number of loans). That explains my comment. Probably it depends on the mix of loans you are invested in.
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SteveT
Member of DD Central
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Post by SteveT on Feb 3, 2016 18:20:51 GMT
Happily I sold out of all 4 loans in December when there were other opportunities. I expected a bit of a New Year lull but hadn't reckoned on the famine lasting into Feb!
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Post by Deleted on Feb 3, 2016 19:17:20 GMT
7% of my holdings repaid in the last few days... Come on savingstream ... with that pipeline! Then you are not well diversified on SS. Whether you diversify or not depends on your attitude to risk. I'd rather invest in the 3 best (in my opinion) stocks/loans etc, rather than spread over lets say 100 stocks/loans. Of course this is a risk takers strategy, but I prefer to invest this way.
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Post by GSV3MIaC on Feb 3, 2016 19:50:12 GMT
@mbb13 .. I thought you were just buying all of anything that moved?? Did I get that wrong? 8>.
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Post by Deleted on Feb 3, 2016 20:05:10 GMT
@mbb13 .. I thought you were just buying all of anything that moved?? Did I get that wrong? 8>. Given the lack of any loan parts - I think that's everyone's strategy currently 
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webwiz
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Post by webwiz on Feb 3, 2016 23:19:38 GMT
@mbb13 .. I thought you were just buying all of anything that moved?? Did I get that wrong? 8>. Given the lack of any loan parts - I think that's everyone's strategy currently What I would like to know is how you find the time to post on this forum.
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Post by Deleted on Feb 4, 2016 10:55:48 GMT
Seems to be movement in the pipeline loans list, perhaps we could see a new loan listed today or tomorrow.
Looks like there is plenty of new loans on the way, selling loan parts could become the new problem.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 4, 2016 11:06:41 GMT
Seems to be movement in the pipeline loans list, perhaps we could see a new loan listed today or tomorrow. Looks like there is plenty of new loans on the way, selling loan parts could become the new problem. Better overview savingstream ..... and you even got the right picture! Are you taking on some of our feedback .... Would like to see this replicated in future pipeline loans descriptions; it's much better to gauge the loan for future investment.
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Post by polonius on Feb 4, 2016 12:40:03 GMT
What does 'remaining time' mean for pipeline loans? I see 0 days, 12 days, 365 days.
Is it the time the borrower expects the loan to run before repayment? If so, 12 days hardly looks worthwhile
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SteveT
Member of DD Central
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Post by SteveT on Feb 4, 2016 12:44:01 GMT
What does 'remaining time' mean for pipeline loans? I see 0 days, 12 days, 365 days. Is it the time the borrower expects the loan to run before repayment? If so, 12 days hardly looks worthwhile The "0 days" and "12 days" are typos. Doubtless will be corrected to 365 days at launch.
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
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Post by cooling_dude on Feb 4, 2016 12:45:28 GMT
What does 'remaining time' mean for pipeline loans? I see 0 days, 12 days, 365 days. Is it the time the borrower expects the loan to run before repayment? If so, 12 days hardly looks worthwhile 12 days is probably a typo; I would think they mean 12months.
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