oldgrumpy
Member of DD Central
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Post by oldgrumpy on Sept 9, 2015 17:08:04 GMT
I just received email "The Assetz Capital 'Quick Access Account' is Now Live!" Thunderbird exclaims: "This message may be a scam!" I think I'll give it a go anyway... My Thunderbird passed it as OK.
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SteveT
Member of DD Central
Posts: 6,875
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Post by SteveT on Sept 9, 2015 17:09:35 GMT
The "Idle Funds" investment option is very slick! I like that it still shows the idle cash as Awaiting Investment in the source account.
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,428
Likes: 1,212
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Post by sqh on Sept 9, 2015 17:11:16 GMT
I seemed to sold some Iffy and Epic. Wasn't expecting that.  |
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Post by phlitb on Sept 9, 2015 17:12:11 GMT
Oh dear, looks like the new system has failed to take into account whether a loan is suspended or manually disabled. My MLIA has sold off big chunks of the plumber!
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Post by dolphin on Sept 9, 2015 17:13:43 GMT
I've sold some **2 and Woody amongst other suspended ones
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
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Post by ilmoro on Sept 9, 2015 17:22:58 GMT
Looks like a disaster. Sold suspended loans, bought stuff I dont want. This seems worse than the original site launch
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pikestaff
Member of DD Central
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Post by pikestaff on Sept 9, 2015 17:23:25 GMT
...I also note that my MLIA is selling down some suspended loans... Not fair! My MLIA's not sold any. Edit: Now it has! 
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Post by dolphin on Sept 9, 2015 17:24:04 GMT
Having sold my Woody from MLIA (happy) I have now picked some up in my GBBA which is definitely NOT supposed to happen (not happy)
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upland
Member of DD Central
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Post by upland on Sept 9, 2015 17:25:38 GMT
I am in. Seems a neat idea to me and overcomes concerns with keeping uninvested money in AC pretty well , I shall keep a bit more in here. I shall be most interested in how it affects my shrapnel and how it runs.
Very glad to have had a preview on this board of it functionality and as usual these threads are an excellent way of appreciating how to use the AC system.
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oldgrumpy
Member of DD Central
Posts: 5,087
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Post by oldgrumpy on Sept 9, 2015 17:26:22 GMT
Oh dear. Cock-up on the selling front? Anyway, I've activated my QAA, and will have to check later that nothing has been sold that I wanted to keep.
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Post by dolphin on Sept 9, 2015 17:26:49 GMT
The GBBA report now shows 7% interest rate on all purchases - havent had any GEIA but assume the same will be true
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Post by bracknellboy on Sept 9, 2015 17:30:24 GMT
so it looks like the QAA is in part acting as ACs bad bank.
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Post by captainconfident on Sept 9, 2015 17:30:46 GMT
Congratulations to Assetz for this original solution for idle funds. It is a most clever solution to have the client money both in their main investment accounts and present in the QAA at the same time. I understand that there is much complexity underlying this simple interface, and I really hope it works. But you have to admit, this is quite a leap of imagination.
I'll be adding funds to AC for the first time in a year.
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SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
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Post by SteveT on Sept 9, 2015 17:31:52 GMT
Well, the "auto withdrawal" seems to work. The system just grabbed £2 back from my QAA holding to buy a bit of available shrapnel. Seems I got an extra 0.0000000000000000000000000000000000005571p too as a result. Bargain!!
"9th Sep 2015 at 18:21 Purchase loan part 13198662 (old id 13180468) for 2.0000000000000000000000000000000000005571 GBP - annualised rate 11, loan: West Midlands Export Business Loan (97) £-2.00
9th Sep 2015 at 18:21 Instant withdrawal from Quick Access Account (5) £2.00"
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Post by pepperpot on Sept 9, 2015 17:31:31 GMT
Yep sold the last bits of Ippy + Eppy, and pulled out of QAA 'till I know I'm not going to do any one else a similar favour.  |
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