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Post by gemel on Apr 16, 2015 16:01:53 GMT
What % of your assets are in p2p ?
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am
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Post by am on Apr 16, 2015 17:06:32 GMT
I've got a pencilled in target of 5%, but between platform and project risks, and consequent diversification policy, I'm not sure that I'm going to get there.
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webwiz
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Post by webwiz on Apr 16, 2015 17:28:23 GMT
I have taken "assets" to mean those roughly similar to p2p, ie cash and near cash and not counting my home etc. As I write with 8 votes cast I seem to be the highest, which will not help me sleep tonight.
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JamesFrance
Member of DD Central
Port Grimaud 1974
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Post by JamesFrance on Apr 16, 2015 17:44:56 GMT
You should have included <5%.
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Grezza
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Post by Grezza on Apr 16, 2015 17:51:57 GMT
I have taken "assets" to mean those roughly similar to p2p, ie cash and near cash and not counting my home etc. As I write with 8 votes cast I seem to be the highest, which will not help me sleep tonight. I'm one of those 8, and I intend moving up into the same band as you in the next couple of months, hope that helps!
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Post by wildlife2 on Apr 16, 2015 18:13:30 GMT
Way too high % 
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Post by mrclondon on Apr 16, 2015 19:09:46 GMT
Although I have voted, I'm not convinced the approach of only considering % of liquid assets is valid. My investment strategy is based around three themes to provide a lifetime income once I retire (early).
a) property - only 1, but many times larger than I need and in the most expensive part of the UK.
b) pensions - predominately in equity funds with wide geographical distribution. Funded by the majority of my surplus income since they removed the 15% of earnings rule over ten years ago (which they've now replaced with the draconian caps of course)
c) p2p loans - vast majority of my liquid assets
So whilst the p2p loans make up what might seem a daft % of my liquid assets, in reality they are only a small part of my investments.
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Post by ablrateandy on Apr 16, 2015 19:15:24 GMT
Low at the moment but will rise substantially over the next year as I'm a fixed income fan and I can finally manage my own investments  |
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Maestro
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Post by Maestro on Apr 16, 2015 20:34:37 GMT
Although I have voted, I'm not convinced the approach of only considering % of liquid assets is valid. My investment strategy is based around three themes to provide a lifetime income once I retire (early). a) property - only 1, but many times larger than I need and in the most expensive part of the UK. b) pensions - predominately in equity funds with wide geographical distribution. Funded by the majority of my surplus income since they removed the 15% of earnings rule over ten years ago (which they've now replaced with the draconian caps of course) c) p2p loans - vast majority of my liquid assets So whilst the p2p loans make up what might seem a daft % of my liquid assets, in reality they are only a small part of my investments. Agree with mrclondon. P2p investments should be considered as part of the overall investment portfolio rather than % of liquid assets.
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webwiz
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Post by webwiz on Apr 17, 2015 11:18:20 GMT
Either approach is valid but the point is that for a poll to make any sense we all have to be using the same method. IMHO including one's residential property will skew the results as someone with a large house in London may have a relatively small part of his total assets in p2p but could have a large part of his liquid-ish assets there. Maybe the question should be what proportion of your assets (which could reasonably be held instead in traditional savings or liquid investments) are in p2p?
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SteveT
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Post by SteveT on Apr 17, 2015 11:33:48 GMT
Yes, that's the most logical approach and the basis on which I voted. I ignored equity in my home (which I rather need to live in) but included all other "allocatable investments" including ISAs and SIPPs, whether cash / bonds / equities / etc (on the assumption it won't be long before P2P enters this space too). However I ignored the value of my deferred DB company pension since I can do nothing to affect its investment policy. Similarly (for what it's worth) my state pension entitlement!
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Steerpike
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Post by Steerpike on Apr 17, 2015 12:27:21 GMT
I excluded home and pensions
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Post by zakaz on Apr 17, 2015 14:04:37 GMT
For those who temporarily withdraw from p2p loans the poll is missing a 0% vote
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Post by closetotheedge on Apr 18, 2015 9:23:01 GMT
Just looking at cash I am about 35% P2P (mostly Ratesetter) and 65% High Street ISA's and general cash savings accounts. This is going to change over the next two years dramatically if rates remain the same though as I have many accounts maturing which are above 4% and I am not going to take the 2% currently on offer by the High Street.
With P2P my theory is that as soon as you have more than you can afford to lose in it then why limit your exposure above this amount. Anyway, my pension is in mostly equities which seems to me to be a greater gamble.
This is coming from the investor who bought into the FTSE when it dropped from 6,900 to 5,000 in 2007 as I thought it would be a good bet only to see it drift down to 4,000. I also bought Bradford and Bingley shares just before the liquidation as they seemed well priced. I bought property in 2007 and then gold at its height. So with a lot now in Ratesetter perhaps this is a warning sign to you all.
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am
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Post by am on Apr 18, 2015 10:42:10 GMT
Just looking at cash I am about 35% P2P (mostly Ratesetter) and 65% High Street ISA's and general cash savings accounts. This is going to change over the next two years dramatically if rates remain the same though as I have many accounts maturing which are above 4% and I am not going to take the 2% currently on offer by the High Street. With P2P my theory is that as soon as you have more than you can afford to lose in it then why limit your exposure above this amount. Anyway, my pension is in mostly equities which seems to me to be a greater gamble. This is coming from the investor who bought into the FTSE when it dropped from 6,900 to 5,000 in 2007 as I thought it would be a good bet only to see it drift down to 4,000. I also bought Bradford and Bingley shares just before the liquidation as they seemed well priced. I bought property in 2007 and then gold at its height. So with a lot now in Ratesetter perhaps this is a warning sign to you all. If you bought the FTSE at 5000 in 2007 you've made 40% in capital appreciation over 8 years, with another 20% or so in dividends, which isn't too bad.
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