oldgrumpy
Member of DD Central
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Post by oldgrumpy on Nov 8, 2015 23:12:17 GMT
I've just changed my 5 yr reinvestment rate down one notch, and nothing like that popped up for me. Looking at the monthly market, I wouldn't set it at less than 3.3% for the morning, and would hope that 3.5% might get a bite within a day or so, even early in the week.
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adrianc
Member of DD Central
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Post by adrianc on Nov 9, 2015 8:11:16 GMT
I am manually setting rates to avoid the "mis-matches" at too low rates. I noticed just now that the lend screen didn't let me choose a rate but defaulted to the market rate (a rather unwholesome 2.9% for the monthly market). To set a rate I had to declare myself an expert RateSetter, which then reverted me to the standard interface. Anyone else seen this? I assume it will go away now I have declared myself an expert... Yep, it started doing that a month or so back. Easiest way to get straight to "expert" is just to click on the rate in the bottom-left overview of the markets, the "last-matched" box.
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elliotn
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Post by elliotn on Nov 9, 2015 8:46:09 GMT
Are these 'nudge' economics to manage rate down to procure safer borrowers?
- this is the Lend Rate you have to use to start earning a return;
- are you an 'expert' investor;
- if you do not reinvest at Market Rate you will
i) have money not earning when too high, or
ii) not earn enough when too low.
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Post by rarrar on Nov 9, 2015 23:06:28 GMT
......Looking at the monthly market, I wouldn't set it at less than 3.3% for the morning, and would hope that 3.5% might get a bite within a day or so, even early in the week. I've had my reinvestment rate for the monthly market set at between 3.7 and 3.9% for the last month and have always matched within 24 hours. Reckon that each day unmatched costs me 0.1%.
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