|
Post by filip on Oct 5, 2023 9:01:29 GMT
I'm unable to speak on behalf of any other platform, but occasionally, mezz is not provided if the development has failed/is failing due to poor construction, cost overruns or dispute with the developer. It is usually not wise to throw good money after bad as they say (unless there is a very clear rational for doing so). PS it's great to see that LLI continues to be one of your top performers, year after year Ace. Filip
|
|
benaj
Member of DD Central
Posts: 4,874
Likes: 1,594
|
Post by benaj on Oct 5, 2023 14:58:36 GMT
Ace, thanks for sharing. It's nice to see how platforms delivery return. I have one question, BN and your table. Have you exited BN already and all your BN loans repaid? Your table said BN target is 0 as your portfolio but only return current XIRR is 3.2%.
|
|
|
Post by Ace on Oct 5, 2023 15:06:01 GMT
Ace , thanks for sharing. It's nice to see how platforms delivery return. I have one question, BN and your table. Have you exited BN already and all your BN loans repaid? Your table said BN target is 0 as your portfolio but only return current XIRR is 3.2%. I'm currently running BN down, hence my target allocation is 0. I'm documenting the rundown here: p2pindependentforum.com/post/469261/thread. I expect an eventual XIRR of around 9% once all loans have repaid, and assuming no losses.
|
|
dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,008
Likes: 574
|
Post by dave4 on Oct 22, 2023 9:30:53 GMT
My autumn portfolio. Sept 2023. I still work, and currently my p2p portfolio funds is holding steady with very little new funds added, just recycling and redistributing. New funds predominatly are currently being stored in all regular saver accounts and enjoying fscs protection within. Not increasing my stocks portfolio just reinvesting any dividends ect. P2p portfolio and strategy is below in alpabetical order. Current largest ££ platforms are proplend, loandpad isa, and shojin, with capital stackers heading towards the top. Ablerate . shut up shop and appears to be currently on the instagram sunning himself with old friends in dubi.. fingers crossed for scotish holiday resort and holding my breath for some portacabins and a big battery. Assets capital. Closed its doors. Caught in Manuall lending only. Removing funds as available and recycling into capital stackers and capital rise. Hoping for most of my loans to repay. Assats exchange. Increasing slowly, using recycled interest repayments. Axia funder. Increasing with new funds but mindfully of same lender lending. Blend. Not parking funds in a waiting que indefinitely. Will happily invest when que is gone. Repayments going into capital stackers and capital rise, interest recycled into unbolted and assets exchange. Crowd property. Slowly increasingly by reinvesting repauments and removing about half the interest paid. Crowd property capitol. 2nd charge lending branch of cp, the 1 loan i invested in has repaid. No new lending available, not to sure on the future of this platform or with my future lending. Time will tell. Capical rise. Reinvesting repayments into new loans. Increasing very slowly. Capical stackers. Second charge lending. I like the choise of risk to reward options on loans, Increasing due to trackrecord and platform dd. Kufflink. Reducing as only recycling about half my repayments and interest back into platform, I find the rate slightly low for the risk, and not entirely happy with there loan extensions policy. Secondary market escape is handy but add in the cost with low return rates and I can find better. I only in manual and the lower risk A loans.funds usually get recycled into landlord invest and unbolted Landlord invest. Increasing by doubling my loan amounts per loan usually with kufflink repayments, spare cash finds a home in cs and cr. Loan flow is slow but quality appears exelent. Loanpad Currently increasing via interest payments my isa funds in 60 day notice. Have reduced to practicly nothing in standard account, only park funds awaiting there reinvestment into shojin or cs, cr ect. Nester. Had an exelent run so far, removed loan repayments and interest, and have recycled them into shojin. May increase with new funds but currently I'm not quick enough off the draw to invest in the new loans before they fill. Proplend. Recycling repayments and interest back into platform. 99%Autolend. Adding new funds when needed. Qardus . sadly reducing as I feel unsecured sme lending is less wise at this time than a punt on a second charge property / Mezz lending. I am watching with interest as to the outcome of the butchers recovery. Shojin. Second charge and mez lending, reinvesting repayments and holding steady. Unbolted. Increasing when I can. Only use autolend. Cash drag is becoming a issue. On the lookout for new platforms, currently sumo (Only reservation is Not p2p so tax rightoff not allowed) is the only issue holding me back.
|
|