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Post by overthehill on Feb 21, 2024 15:02:11 GMT
My cash balance seems to have stabilized over the last few weeks, I haven't needed to withdraw since 14jan.
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Post by Ace on Feb 21, 2024 15:34:37 GMT
I still haven't made any withdrawals. My accounts are currently at 2.4% cash and 2.0% cash.
I've been with UB for 6 years now and have a combined XIRR of 8.95%. That's a total compound profit of 67.25% over the 6 years. I'm not sure what the maximum that I could have achieved by constantly switching between FSCS protected accounts would be, but I don't imagine it would have come close to half that profit.
Given the simplicity of the UB account, I think it's paid a very fair margin for the extra risk.
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mogish
Member of DD Central
Posts: 1,022
Likes: 501
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Post by mogish on Feb 22, 2024 11:19:32 GMT
Just checked... 6% idle cash. Better than it was. Returns have been pretty decent. Doubt it will ever be a big investment platform for me but maybe that's not a bad thing.
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Post by df on Feb 23, 2024 17:48:49 GMT
I still haven't made any withdrawals. My accounts are currently at 2.4% cash and 2.0% cash. I've been with UB for 6 years now and have a combined XIRR of 8.95%. That's a total compound profit of 67.25% over the 6 years. I'm not sure what the maximum that I could have achieved by constantly switching between FSCS protected accounts would be, but I don't imagine it would have come close to half that profit. Given the simplicity of the UB account, I think it's paid a very fair margin for the extra risk. I haven't made any withdrawals since 5th Feb. No withdrawals for 18 days - quite unusual, similar to how it was a few years ago, good balance of repayments and investments. My XIRR is staying at 8.42% for a long time now, which is a good return for the risk involved. Profit/Cash ratio is 61/39. If the result of the well known saga will be negative my XIRR will drop, but not significantly.
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mogish
Member of DD Central
Posts: 1,022
Likes: 501
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Post by mogish on Apr 24, 2024 13:46:57 GMT
I've just noticed a large jump in idle cash.... anyone else?
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,009
Likes: 577
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Post by dave4 on Apr 24, 2024 14:30:57 GMT
I've just noticed a large jump in idle cash.... anyone else? Yep
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Post by df on Apr 24, 2024 19:27:56 GMT
I've just noticed a large jump in idle cash.... anyone else? Yes, it was yesterday. I've made a withdrawal to bring my cash balance back to normal.
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Post by Ace on Apr 24, 2024 19:49:54 GMT
I've had a few sizeable repayments recently, but most have been fairly well balanced by allocations to new loans. The available cash in both of my accounts has slowly crept up to just under 6% of funds. I still haven't made any withdrawals for years.
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mogish
Member of DD Central
Posts: 1,022
Likes: 501
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Post by mogish on Apr 25, 2024 8:05:56 GMT
I've just noticed a large jump in idle cash.... anyone else? Yes, it was yesterday. I've made a withdrawal to bring my cash balance back to normal. Same here. Not withdrawn any cash for a while but I can see at some point in the future I will only be reinvesting interest. Hopefully not. We just need some larger loans avaliable.
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registerme
Member of DD Central
Posts: 6,217
Likes: 6,022
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Post by registerme on Apr 25, 2024 8:26:15 GMT
I guess it's possible that with the conclusion of the court case some people deployed more funds on Unbolted?
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jester
Member of DD Central
Posts: 166
Likes: 205
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Post by jester on Apr 29, 2024 13:02:15 GMT
Yes, I'm suddenly 40% unallocated!!
A bit beyond my usual cash drag tolerance. Hmmmmm
EDIT Strangely as I have a classic and ISA account, the classic is 40% unallocated but the ISA remains only 5% unallocated.
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markyg61
Member of DD Central
Posts: 340
Likes: 237
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Post by markyg61 on Apr 30, 2024 10:45:30 GMT
Yes, I'm suddenly 40% unallocated!! A bit beyond my usual cash drag tolerance. Hmmmmm EDIT Strangely as I have a classic and ISA account, the classic is 40% unallocated but the ISA remains only 5% unallocated. Fewer loans, more investors ...?
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jester
Member of DD Central
Posts: 166
Likes: 205
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Post by jester on Apr 30, 2024 10:52:37 GMT
Yes, I'm suddenly 40% unallocated!! A bit beyond my usual cash drag tolerance. Hmmmmm EDIT Strangely as I have a classic and ISA account, the classic is 40% unallocated but the ISA remains only 5% unallocated. Fewer loans, more investors ...? Sounds simple enough!
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