Post by Ace on Jun 17, 2023 14:41:36 GMT
You have 63% of your capital overdue. That does seem rather high unless you're running your account down. In contrast, my active account currently has 39% overdue
If you're in rundown then you would likely go through a phase when all of your remaining loans were overdue. Looking at your investments it looks as though you may have gone into a period of rundown for a while, then made a few more investments, then gone back into rundown again. Though the pattern might just be coincidental.
In answer to your question: yes, I firmly believe that anyone with a well diversified CrowdProperty portfolio will earn a good return. There will definitely be losses, but they should have a fairly minimal effect on a well diversified portfolio. I'm very happy to reinvest all of my CP interest and capital repayments for greater diversification and a higher compound return. I'm expecting a compound annual return (XIRR) of 7.5% after losses, possibly slightly higher than that if the current investor rates hold up.
CP are my 3rd biggest platform. They will likely rise to being 2nd biggest as returns get reinvested and any repayments from my AC ISA get transferred across. They are already 2nd if you count my CPCapital investments.
I have no concerns about the platform's ability to curate and manage the investments. I have many concerns over their lack of effort in maintaining and developing the investor side of their platform (though there has been some improvement lately) and in their selective refusal to respond to some difficult questions.