awk
Posts: 276
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Post by awk on Jul 22, 2015 10:21:53 GMT
Hi,
I'm relatively new to FC, but using this forum I have understood most of the basics.
The one thing I cant seem to find is an easy way to see what I originally paid for a part on the SM (i.e. what discount/premium did I pay).
When I come to sell something, then ideally I would like to see what I had paid and what interest/capital payments had been received.
Am I missing something, or doesn't it exist - seems like an obvious requirement?
thanks in advance awk
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am
Posts: 1,495
Likes: 601
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Post by am on Jul 22, 2015 12:44:40 GMT
Hi,
I'm relatively new to FC, but using this forum I have understood most of the basics.
The one thing I cant seem to find is an easy way to see what I originally paid for a part on the SM (i.e. what discount/premium did I pay).
When I come to sell something, then ideally I would like to see what I had paid and what interest/capital payments had been received.
Am I missing something, or doesn't it exist - seems like an obvious requirement?
thanks in advance awk I think that you have to trawl through the transaction log. (Search on the loan part number.)
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blender
Member of DD Central
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Likes: 4,272
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Post by blender on Jul 22, 2015 14:08:33 GMT
Agreed. The only other indication is in the buyer rate listed in 'my loan parts'. Compare that with the rate you see on 'sell individually' with 0% mark up. If it is the same (or .1% different perhaps on a property loan), then you bought at par. If the buyer rate in loan parts is less than that in 'sell individually' then you bought at a premium, if more you bought at a discount. You can adjust the %age in 'sell individually' to make the two rates equal to give you an idea of the size of the premium discount, but it will not be accurate because of the time difference, particularly if you are getting near to the end of the term.
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Post by GSV3MIaC on Jul 22, 2015 17:32:58 GMT
Yep, in attempting to make it simple for Granny (showing it as a 12% loan part in your summary) they have made it really hard for the cuter punters to figure out the truth ( I.E. it is really a 14.7% loan part which you bought at a 2.6% premium with x repayments still to come). You CAN get there, if you are very cute indeed.
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Post by nickthefool on Jul 30, 2015 10:26:45 GMT
Have been trying to figure out similar answers. In particular how to figure out the rate of the loan part you have bought at a discount/premium (before you get a repayment). Interestingly I noticed that if you view your loan parts in the iPhone app, it shows the rate of the loan part, not the buyer rate, and also the initial prinicpal amount (rather than the current principal remaining).
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Post by contangoandcash on Aug 3, 2015 11:15:25 GMT
I always think when simple, useful data like this isn't available easily, it's done intentionally to make something difficult. Many an edge is gained over the competition simply by working harder.. or automating it. I use automated trading strategies elsewhere, I hadn't previously thought of doing it here until I began reading this forum. Am I too late, has the boat sailed ?
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