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Post by kazamx on Feb 10, 2018 11:32:53 GMT
Are you planning on keeping the money inside WiseAlpha?
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jaswells
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Post by jaswells on Feb 11, 2018 7:12:52 GMT
I think a size-able chunk will be re-invested. I am with 9 other p2p site, and the vast majority seem to be slowly losing investor confidence for a variety of reasons. IMO mostly because the reality is it will be hard to get a safe-ish 4-5 % return anywhere and some investors are only just coming to realise this. A further softening of the real estate market could make matters worse.
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ding
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Post by ding on Feb 11, 2018 12:01:41 GMT
Anyone know if income received is considered interest or P2P interest? As a HMRC self assesment form wants them split out.
Been a while since I looked as the Wisealpha FAQ about tax, but it wasn't helpful at the time. With the recommendation of discussing it with a Finacial Advisor. Yes right... What a cop out.
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puddleduck
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Post by puddleduck on Feb 12, 2018 8:29:13 GMT
I am keeping a small amount in, although the 0.25% bonus for the Smart Interest product didn't appeal, as I don't find Smart Interest appealing due to the high early redemption charges so I withdrew my principle, and kept some interest in.
The yields on most of the current bonds are too low for me to be interested in right now, especially for the very long term of some of these.
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Nomad
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Post by Nomad on Nov 8, 2018 10:11:55 GMT
I wonder how forum members see platform risk with Wise Alpha at present, in light of their latest funding round being over 100% oversubscribed?
I am tempted to increase my investment level with them...
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jaswells
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Post by jaswells on Nov 8, 2018 10:25:31 GMT
I have always felt that Wisealpha has taken a conservative, steady approach to their business growth. All funding rounds have been incredibly popular with both private and institutional investors. They have always been open about their cost structure and have even quoted monthly costs to let investors decide. Accounts presented on the 18th of August with companies house shows a much healthier business. It still has a niche with no competition. I am happy with the way the business has presented themselves and built confidence with investors. Communication is strong. The platform is also improving all the time. In other words so far so good.
The main concerns I have are concerning rising interest rates and a shake up in the bond market. This along with currency movements as they enter the Euro market is a potential risk factor. However, the fact investments and additions are relatively small and measured means this is somewhat mitigated.
Due to the above I have increased my investment to 6 figures and intend to add more.
Obviously DYODD
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macq
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Post by macq on Nov 8, 2018 11:59:52 GMT
I have always felt that Wisealpha has taken a conservative, steady approach to their business growth. All funding rounds have been incredibly popular with both private and institutional investors. They have always been open about their cost structure and have even quoted monthly costs to let investors decide. Accounts presented on the 18th of August with companies house shows a much healthier business. It still has a niche with no competition. I am happy with the way the business has presented themselves and built confidence with investors. Communication is strong. The platform is also improving all the time. In other words so far so good. The main concerns I have are concerning rising interest rates and a shake up in the bond market. This along with currency movements as they enter the Euro market is a potential risk factor. However, the fact investments and additions are relatively small and measured means this is somewhat mitigated. Due to the above I have increased my investment to 6 figures and intend to add more. Obviously DYODD Would agree pretty much with all you said and at Six figures you must be impressed (guess you rate it better then a bond fund?) and would add so far customer service replies have been quicker then with some others.So far its been no problem but there will be a loss with the 2 department stores i would guess but i do wonder with things like their own smart bonds how they would deal with the guaranteed rate offered if some of the notes held within the package default as due to its Black box nature you can't see whats held within i believe
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elliotn
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Post by elliotn on Nov 8, 2018 12:15:44 GMT
I have always felt that Wisealpha has taken a conservative, steady approach to their business growth. All funding rounds have been incredibly popular with both private and institutional investors. They have always been open about their cost structure and have even quoted monthly costs to let investors decide. Accounts presented on the 18th of August with companies house shows a much healthier business. It still has a niche with no competition. I am happy with the way the business has presented themselves and built confidence with investors. Communication is strong. The platform is also improving all the time. In other words so far so good. The main concerns I have are concerning rising interest rates and a shake up in the bond market. This along with currency movements as they enter the Euro market is a potential risk factor. However, the fact investments and additions are relatively small and measured means this is somewhat mitigated. Due to the above I have increased my investment to 6 figures and intend to add more. Obviously DYODD Price movements in the bond markets don’t affect WA derivative note holders which are held at WA’s original cost (bar the occasional partial mark to market for company specific credit events). ‘Eurobonds’ are not necessarily non-GBP either, they are bonds in markets outside the home market/currency of the borrower: www.investopedia.com/terms/e/eurobond.aspAlso, WA may fix the price in GBP at the exchange rate they purchase to shield investors from ccy fluctuation just as investors are protected from daily price movements (although future interest and (in particular) redemption might be spot unless WA hedge the exchange rate exposure).
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shimself
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Post by shimself on Nov 8, 2018 14:02:46 GMT
Based on previous correspondence I'm hoping that they will have Eurobonds priced in €uros. Pounds as well perhaps
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