mogish
Member of DD Central
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Post by mogish on Jan 13, 2022 17:03:05 GMT
Zero balance in both zopa accounts as if today.
Currently only invested in 3 p2p platforms now with a hopeful escape from LW with a couple of hundred by year end.
The other 2 I intend to stay with.
How many p2p platforms are you now with and what's your intentions long term?
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mogish
Member of DD Central
Posts: 1,105
Likes: 527
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Post by mogish on Jan 13, 2022 17:39:32 GMT
Forgot about AC and wells co.... due around 600 quid in total from both.... if I ever see it.
Overall let's hope my global tracker is less stressful...
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Post by Ace on Jan 13, 2022 17:51:32 GMT
Zero balance in both zopa accounts as if today. Currently only invested in 3 p2p platforms now with a hopeful escape from LW with a couple of hundred by year end. The other 2 I intend to stay with. How many p2p platforms are you now with and what's your intentions long term? I've tried 35 platforms so far. I've escaped from 7 and am planning to maintain or add to 17 this year. I'll be very happy if I can match last year's average return of over 10%. Medium term (the next 7 years) I plan to continue to use P2P to fund my living expenses from a well diversified portfolio of platforms for the gap between early retirement and when my main pensions kick in. It's worked very well over the last 4 years, producing a smooth and steadily increasing return. Long term I'll continue with a roughly 50:50 split between P2P and global index trackers.
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Greenwood2
Member of DD Central
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Post by Greenwood2 on Jan 13, 2022 18:03:26 GMT
I'm still in 5 although one is a very small amount. Plus a few dead that are hopefully still paying something back. I've never been in a large number of platforms at the same time, but have dipped a toe in a lot.
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mogish
Member of DD Central
Posts: 1,105
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Post by mogish on Jan 13, 2022 18:55:40 GMT
35 platforms! Wow. Fair bit regular logging in then!
Nice return though.
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Post by Ace on Jan 13, 2022 19:22:34 GMT
35 platforms! Wow. Fair bit regular logging in then! Nice return though. Yes, lots of logging in. Some platforms I monitor daily, but others just once a month when I do my monthly accounts. If you're interested, you can see the list of platforms here.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Jan 13, 2022 19:53:23 GMT
Or whack it all into a few carefully chosen Funds and Set & Forget, and get on with your life.
For 10++% annual returns, no daily/weekly/monthly checking & adjusting, and very restive sleeping at night.
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Post by Ace on Jan 13, 2022 20:48:05 GMT
Or whack it all into a few carefully chosen Funds and Set & Forget, and get on with your life. For 10++% annual returns, no daily/weekly/monthly checking & adjusting, and very restive sleeping at night. I don't have time for a life, too busy with P2P 
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davidkent
I think. Therefore I am.
Posts: 26
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Post by davidkent on Jan 14, 2022 9:53:19 GMT
How many p2p platforms are you now with and what's your intentions long term?
I was with numerous P2P some five years ago but got out, completely, after a couple of bad, very bad, experiences. However, I have recently returned but only using a much smaller amount of money. I'm currently with: Loanpad, Unbolted and Ablrate. I may look into Mintos and Kuflink. But that will be my lot.
I don't mind admitting that I find the layout of some P2P websites to be confusing!
One new feature on P2P sites which caused me amusement are the questions that new lenders are now required to answer.
In my opinion, it's a shame that some P2P companies weren't asked certain questions years ago...
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Post by Penny Pincher on Jan 14, 2022 12:14:38 GMT
How many p2p platforms are you now with and what's your intentions long term? I'm currently in nine platforms (including Lending Works) and intend to increase my exposure to P2P in general until I reach roughly 10% of my investment portfolio. I'd prefer to do this by increasing the number of platforms but only if they suit my risk, return and liquidity preferences. The majority of my assets are held in equity ISAs and SIPPs. My P2P portfolio provides diversification from the equity, a medium term return with some liquidity and an active interest.
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bugs4me
Member of DD Central
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Post by bugs4me on Jan 15, 2022 22:12:07 GMT
How many p2p platforms are you now with and what's your intentions long term?
'....One new feature on P2P sites which caused me amusement are the questions that new lenders are now required to answer....' In my opinion, it's a shame that some P2P companies weren't asked certain questions years ago... I think you'll find it was the FCA that was behind the questions - are you sophisticated, etc questions.
As far as asking platform(s) questions I wouldn't bother - I do my own DD and am often horrified surprised as to how many other directorships, many defunct, that these individuals have been involved in. But history repeats itself regarding the claims made by more than a desirable number of platforms. Wind back 7 years or so and exactly the same claims were being by ***** and ***** etc who managed to loose many a hard earned lenders cash!!!
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agent69
Member of DD Central
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Post by agent69 on Jan 15, 2022 23:11:46 GMT
Still in the same 7 as last year (and the year before). Still trying to get out of them all, still failing miserably.
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Post by df on Jan 16, 2022 21:12:15 GMT
Zero balance in both zopa accounts as if today. Currently only invested in 3 p2p platforms now with a hopeful escape from LW with a couple of hundred by year end. The other 2 I intend to stay with. How many p2p platforms are you now with and what's your intentions long term? I'm currently with 17 platforms, but actively investing only in 9. The other 8 are either in administration or in wind down mode.
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