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Post by Deleted on Dec 16, 2015 16:17:45 GMT
Thanks @bobo , interesting to see other's thought processes. Out of interest why the comments re AR and FC? AR have a lot of aircraft (or did last time I looked) and I have two issues, 1) what can be a long life airframe can become a short life airframe with one bad landing and 2) when there are not enough aircraft about they make loads of money but the moment there is a downturn (in that size of aircraft) an old aircraft has no value So you want a young aircraft with the right shape and with one careful owner, with the info provided I cannot tell which is which so I cannot invest. FC was a pretty good investment opportunity last year, the details from the borrowers were good, while the bidding system meant that there was lots of high interest low risk deals about (but no asset protection), now there are lots of unknown risk (no information, no answers, no time, no assets) low interest deals around so again I cannot invest, unless I flipped and I don't have enough life for that. But my old deals are still good so I visit weekly to take out any cash and the moment one comes up with "an issue", which is very well shown, I sell. AC's deals are well documented so, while I de-select most of them, you get access to an asset and you get an idea of a risk and good interest, mainly property now which is a pain. Wind turbines and bio-fuel is more my thing with gov backed income streams. FS and MT are offering asset backed short term risk with a fair bit of variety even if FS has too much property SS again has good detail and asset backed and certainly lots of opportunity to re-invest and de-select trouble is again too much property and often in the sort of places you wouldn't want to invest, normally the sort of place I've been sent to turn around an ailing business so I've had the time to look around. Butch puts it pretty well. You have to get your feet wet, that is not the same as throwing yourself off the front of the QE2. Chose a portal where you understand what their borrowers do and try a bit. BTW owning a house is not the same as house developing in the same way as drinking a cup of tea is not the same as running a tea plantation.
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Post by snappyfish on Dec 17, 2015 11:53:40 GMT
So after reading here I have decided to put some on the sm and reduce my money in and just learn for a little and keep reading.
It's very tempting to push your cash in especially with Saving stream as all loans are taken and they sell quick on sm..
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ben
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Post by ben on Dec 17, 2015 20:22:11 GMT
So after reading here I have decided to put some on the sm and reduce my money in and just learn for a little and keep reading. It's very tempting to push your cash in especially with Saving stream as all loans are taken and they sell quick on sm.. they do now however will they still in the future?
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Post by snappyfish on Dec 17, 2015 21:02:14 GMT
So after reading here I have decided to put some on the sm and reduce my money in and just learn for a little and keep reading. It's very tempting to push your cash in especially with Saving stream as all loans are taken and they sell quick on sm.. they do now however will they still in the future? Well as only investing for 3 weeks I shall wait and see...
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Post by red_panda on Dec 18, 2015 13:50:42 GMT
I'm in these three so far, my loan investments is averaged at 1% of my total p2p investments. My income is in EUR, but I did diversify into GBP as well.
(my favorite) Mintos - EUR-based really nice platform UI, multiple loan originators, loan types: personal loans with buy back, mortgage loans, asset secured business loans, car secured loans with buy back, average p.a. interest 11-13%, liquid secondary market
Twino - EUR-based lots of short-term personal loans with buy-back, average p.a. interest 13%
Saving Stream - GBP-based, asset-based bridging loans, highly liquid secondary market, p.a. interest at 12%
Considering Estateguru, Investly and Viventor for further diversification.
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Post by snappyfish on Dec 31, 2015 16:30:12 GMT
£100k of my cash is in fixed term savings, from 1.5 - 3 % APR up to 4 years. i always Keep £20K in Santander current account; 3% APR. £30k is spread across an instant access and 30 day account with Aldermore; 1-1.5 APR. Have £10k in Zopa 5 years; 5% Am aiming to have £10K in RS 1 year at 4% by next March. working on £10k each for SS and MT, but struggling to get invested in these platforms. think this gives me a spread. Comments welcome. The Santander account can you just keep £20k in the account and receive interest?
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micky
Member of DD Central
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Post by micky on Dec 31, 2015 19:30:04 GMT
As long as its the 123 C/A; yes you can earn 3% on any amount between 3 and 20K.
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ben
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Post by ben on Dec 31, 2015 21:09:03 GMT
As long as its the 123 C/A; yes you can earn 3% on any amount between 3 and 20K. if your married you can have one , your partner can have one and you can have a joint one although the new £5 a month fee might not make it worth having the full 3 unless you can fill them
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micky
Member of DD Central
Posts: 669
Likes: 572
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Post by micky on Dec 31, 2015 21:17:44 GMT
Yes I agree, also enough SO and DD going out to cover the cost of the fee.
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,045
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Post by littleoldlady on Dec 31, 2015 23:26:24 GMT
And are there any horror story's for people on this forum? Most people rate Ratesetter as the safest platform, and it may be safe in terms of the risk of losing your capital but it is not the safest in terms of guaranteeing your income. I had money on offer at the "market rate" which they lent out at 1.3% - and promptly lost me as an investor.
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ben
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Post by ben on Dec 31, 2015 23:34:11 GMT
1.3% what market was that in?
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pikestaff
Member of DD Central
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Post by pikestaff on Jan 1, 2016 8:03:18 GMT
I was caught by it as well. It happened on the monthly account on Monday 2 November 2015 and has not been repeated. You can see it in the Rate Trends graph. There are occasional spikes both up and down, but this one was extreme.
It was mildly irritating but it was only for a month and only for a small part of my money. The long-term performance is what matters.
I am content to let my monthly money roll over at the market rate, taking the rough with the smooth. I use "your rate" for longer term money, because it's more worthwhile waiting a few days for the best rate.
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ben
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Post by ben on Jan 1, 2016 9:46:21 GMT
also I am sure it you had contacted them they would have cancelled it as would have been obvious it was an error although f was only for a month I probably could not have been bothered unless it was a large amount
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