arbster
Member of DD Central
Posts: 810 
Likes: 426
|
Post by arbster on Oct 28, 2015 8:09:21 GMT
As a % of all my net worth, however, (to include own property, buy-to-lets, pensions and ISAs etc) SS represents only 4% overall so whilst a complete failure might be significant it wouldn't be fatal. Unless you're happy to move home, or are close to retirement age, it's definitely worth excluding own property and pension from those kinds of calculations.
|
|
|
|
Post by queenvictoria on Oct 28, 2015 8:13:45 GMT
Thanks Arbster but I am just at that stage - about to retire and to downsize (rightsize really) so am focussed on whole portfolio.
Whilst your point is well made about own property I dont agree on pensions. In these days of pension freedom surely what is held in pensions is to be regarded as part of an active portfolio.
|
|
awk
Posts: 276
Likes: 147
|
Post by awk on Oct 28, 2015 8:25:02 GMT
I'm similar to queenvictoria - I didn't think I'd ever say that !
SS is currently 54% of P2P investments as money comes out of FC - so could hit 75% fairly quickly.
However, P2P is only 9% of my overall 'portfolio'. The vast majority of this is in the stock market including some fairly hairy emerging market funds and oil producers - surely the oil price must turn soon !
Interestingly, I started P2P as an alternative for my 'SAFE' money given the non-existent returns from gilts/bonds (the traditional safe/boring home).
How do others see P2P risk compared with even FTSE100 shares?
Again, property asset backed feels very safe compared to Asia funds or oil explorers. Even worst case where say you might recover 80p in the Pound.
Within SS, I am currently diversified down to 7% in a single loan. However, I'd like to understand the SS platform risk a bit more. There is some wording about money put aside to wind down the loan book if SS went belly up - does anyone understand this?
|
|
arbster
Member of DD Central
Posts: 810
Likes: 426
|
Post by arbster on Oct 28, 2015 9:24:52 GMT
I cap any platform at 2.5% of net worth. Including property and pensions, or just investments?
|
|
niceguy37
Member of DD Central
Posts: 504
Likes: 254
|
Post by niceguy37 on Oct 28, 2015 9:30:53 GMT
Similar to samford71 I've 9% of p2p on SS. I've 60% on TC and 30% on AC. I think the loans on TC offer the best quality / rates, and AC the best security.
I'll admit to not having the financial expertise to analyse TC deals (I had to look up "fungible" on samford's post). But I've not had too much difficulty, I think, in assessing loans by reading the forums and watching lenders who clearly have financial experience and lots of money.
So it seems that most of us on SS are moving here for the 12% rate, from lower paying platforms, but that a few are diversifying from AC & TC.
|
|
|
|
Post by highlandtiger on Oct 28, 2015 9:43:27 GMT
SS is currently 40% of my P2P investments, but only 4% of my total investments. I've only recently dipped my toe into P2P's, but I can see this percentage growing rapidly as I become more confident in this investment sector.
|
|
merlin
Minor shareholder in Assetz and many other companies.
Posts: 902
Likes: 302
|
Post by merlin on Oct 28, 2015 9:53:12 GMT
Currently about 20% of my P2P business is with SS which I have increased from about 5% following the move towards Trust status. This is about 2% of my net worth. I also have money trapped with AC in defaulted loans and the rest spread across the P2P community.
I am surprised that FS gets little mention which often pays 12 or more percent on its loans. Ultimately risk is the driving force behind my decisions to invest, followed by the existence of a secondary market which of course FS does not have.
|
|
micky
Member of DD Central
Posts: 669
Likes: 572
|
Post by micky on Oct 28, 2015 10:14:25 GMT
Does anyone invest in London Asset Company offering 18% over 2 years? Im new to P2P use LC and SS also checking out MT.
|
|
|
|
Post by chielamangus on Oct 28, 2015 10:28:34 GMT
Ah, Net Worth. What the market values your assets at. I have assets which are not worth much on the market - woodland, meadows, hedges, riverside, peace & quiet etc - but I value hugely. If my P2P investment allows me to continue this, then I am content.
Of course, one's attitude to investment depends very much on one's age and one's ambitions, but let's remember we are not immortal, and we never know when our number is coming up. Don't forget to enjoy your assets while you can!
|
|
paulgul
Member of DD Central
Posts: 401
Likes: 92
|
Post by paulgul on Oct 28, 2015 10:58:35 GMT
but let's remember we are not immortal, and we never know when our number is coming up. Don't forget to enjoy your assets while you can! That was well said, I think sometimes we get too involved in safeguarding the future and, as you say, forget to enjoy ourselves in the present time while our health is good
|
|
11025
Member of DD Central
Posts: 737
Likes: 858
|
Post by 11025 on Oct 28, 2015 11:05:21 GMT
25 %
|
|
jimbob
Member of DD Central
Posts: 317
Likes: 74
|
Post by jimbob on Oct 28, 2015 11:38:58 GMT
Just checked and SS represents just over 60% of my P2P/Crowdfunding portfolio (Crowd Property 11%, HouseCrowd 9%, Property Moose 9%, with remaining c.10% spread between Ablrate, Property Partners, Money+Co, Moneything, Funding Circle, Zopa, Seedrs, Ratesetter and Premium Bonds). Its a large proportion but I like the SS rate of return, the relative liquidity and the simplicity of the concept and platform. I am concerned that I am significantly exposed to the risk of the platform failure though. As a % of all my net worth, however, (to include own property, buy-to-lets, pensions and ISAs etc) SS represents only 4% overall so whilst a complete failure might be significant it wouldn't be fatal. I'd say your biggest risk looking at your portfolio is a property downturn ^^;;
|
|
trevor
Member of DD Central
Posts: 557
Likes: 381
|
Post by trevor on Oct 28, 2015 11:42:19 GMT
31% which is a bit higher than I really intended but the deal flow and pre funding makes investing so easy. I'm now adding to FS which gives similar rates but the lack of an SM makes it more difficult to invest.
|
|
|
|
Post by mrclondon on Oct 28, 2015 11:56:52 GMT
15% of p2p portfolio, 2.5% of net worth (incl house+DC pension)
Similiar sized positions in TC, FS, and W&Co with 30% at AC, plus much smaller positions at MT, FK, RS and FC.
Will be reducing p2p as a percentage of net worth by mid next year as I'll need the cash for a major house extension.
|
|
upland
Member of DD Central
Posts: 479
Likes: 175
|
Post by upland on Oct 28, 2015 13:33:02 GMT
Very small as I a very new but like what I see and will probably increase.
|
|
