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Post by geraldine1210 on Jun 18, 2016 16:24:07 GMT
I definitely did not want Luton, but aimed to pick up the other two on the SM.
Oops.
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am
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Post by am on Jun 18, 2016 17:30:30 GMT
curiously pbl116 keeps popping up £500 here £300 there and gone in a flash, there are far better investments than a commercial in luton now sat on the SM untouched..  Diversification - people might already have substantial chunks of those "far better investments".
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Post by Deleted on Jun 18, 2016 18:15:50 GMT
curiously pbl116 keeps popping up £500 here £300 there and gone in a flash, there are far better investments than a commercial in luton now sat on the SM untouched.. Diversification - people might already have substantial chunks of those "far better investments". Diversification shouldn't be pursued religiously. I'd rather own larger chunks in just the supposedly better investments, than a chunk in every investment.
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paulgul
Member of DD Central
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Post by paulgul on Jun 18, 2016 18:29:27 GMT
Did anyone get emails from SS to say what they got/how much they owe. I haven't anything from them but got the loans
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jonah
Member of DD Central
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Post by jonah on Jun 18, 2016 18:30:29 GMT
Did anyone get emails from SS to say what they got/how much they owe. I haven't anything from them but got the loans I didn't. But emails for 'the nine' were also a day late.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Jun 18, 2016 18:31:27 GMT
Did anyone get emails from SS to say what they got/how much they owe. I haven't anything from them but got the loans Nothing yet.
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paulgul
Member of DD Central
Posts: 401
Likes: 92
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Post by paulgul on Jun 18, 2016 18:37:59 GMT
Did anyone get emails from SS to say what they got/how much they owe. I haven't anything from them but got the loans Nothing yet. Ok, Thanks Just can't remember when I've seen so much for sale on the SM - must be months ago
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agent69
Member of DD Central
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Post by agent69 on Jun 18, 2016 18:53:31 GMT
Did anyone get emails from SS to say what they got/how much they owe. I haven't anything from them but got the loans Got notification of my allocation in 117 at 16:07
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Post by brokenbiscuits on Jun 18, 2016 18:57:35 GMT
Diversification - people might already have substantial chunks of those "far better investments". Diversification shouldn't be pursued religiously. I'd rather own larger chunks in just the supposedly better investments, than a chunk in every investment. Currently 83 live loans now after today's offering and talk of much more coming next week. Having an even amount in each is some pretty strong diversity to just write off as a plausible investment strategy. If we get to 100 live loans and you invested in them all you would need more than one a month to default (and get beyond the provision fund and asset backed protection) to start making dents in your capital.
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Post by earthbound on Jun 18, 2016 20:40:44 GMT
Diversification - people might already have substantial chunks of those "far better investments". Diversification shouldn't be pursued religiously. I'd rather own larger chunks in just the supposedly better investments, than a chunk in every investment. This was my thought also, based on the smallish amounts that keep emerging , usually £500 or less, if i had £500 waiting to be invested and i was holding say £2k in pbl090 , i think i would be happier having £2.5 in pbl090 than £500 in a commercial in luton @ 70%ltv.
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Post by earthbound on Jun 18, 2016 20:58:46 GMT
I also think that there are 2 loans on the SM which are being overlooked, pbl025 and, for some strange reason, my last 6 month favourite pbl033. pbl033 is showing 11 days, but the update shows 3 month extension in place and interest paid, with Lloyd's bank dangling the carrot. so actually 101 days left. 36% ltv. pbl025 is showing -115 days (bit more risky) but barring something unusual, it will follow into a dfl, 12 months min i would expect. 56%ltv at the moment. Both look a very good punt on the SM, and that's where I've gone fairly heavily over the last week or so. hope i'm right.  |
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Jun 18, 2016 21:04:34 GMT
I also think that there are 2 loans on the SM which are being overlooked, pbl025 and, for some strange reason, my last 6 month favourite pbl033. pbl033 is showing 11 days, but the update shows 3 month extension in place and interest paid, with Lloyd's bank dangling the carrot. so actually 101 days left. 36% ltv. pbl025 is showing -115 days (bit more risky) but barring something unusual, it will follow into a dfl, 12 months min i would expect. 56%ltv at the moment. Both look a very good punt on the SM, and that's where I've gone fairly heavily over the last week or so. hope i'm right. Both do look good, although I am avoiding PBL25, simply because SS have been threatening to turn that into a DFL for 3 months now. A month ago they said it was due to do so in a week... I have the feeling a lot of investors don't look into the details, don't complete any DD and simply buy and sell according to the indicated age.
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Liz
Member of DD Central
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Post by Liz on Jun 18, 2016 21:15:52 GMT
I also think that there are 2 loans on the SM which are being overlooked, pbl025 and, for some strange reason, my last 6 month favourite pbl033. pbl033 is showing 11 days, but the update shows 3 month extension in place and interest paid, with Lloyd's bank dangling the carrot. so actually 101 days left. 36% ltv. pbl025 is showing -115 days (bit more risky) but barring something unusual, it will follow into a dfl, 12 months min i would expect. 56%ltv at the moment. Both look a very good punt on the SM, and that's where I've gone fairly heavily over the last week or so. hope i'm right. I think pbl35 is also rolling into a DFL
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Post by earthbound on Jun 18, 2016 21:17:13 GMT
I also think that there are 2 loans on the SM which are being overlooked, pbl025 and, for some strange reason, my last 6 month favourite pbl033. pbl033 is showing 11 days, but the update shows 3 month extension in place and interest paid, with Lloyd's bank dangling the carrot. so actually 101 days left. 36% ltv. pbl025 is showing -115 days (bit more risky) but barring something unusual, it will follow into a dfl, 12 months min i would expect. 56%ltv at the moment. Both look a very good punt on the SM, and that's where I've gone fairly heavily over the last week or so. hope i'm right. I am avoiding PBL25, simply because SS have been threatening to turn that into a DFL for 3 months now. A month ago they said it was due to do so in a week... yep CD.... i suspect most will be thinking the same, SS seem to have spent a lot of time getting this done and i think they would have walked away some time ago if it looked like it would not happen, i have faith in this one and SS after some DD over the last week. (Famous last words)
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Post by earthbound on Jun 18, 2016 21:20:49 GMT
I also think that there are 2 loans on the SM which are being overlooked, pbl025 and, for some strange reason, my last 6 month favourite pbl033. pbl033 is showing 11 days, but the update shows 3 month extension in place and interest paid, with Lloyd's bank dangling the carrot. so actually 101 days left. 36% ltv. pbl025 is showing -115 days (bit more risky) but barring something unusual, it will follow into a dfl, 12 months min i would expect. 56%ltv at the moment. Both look a very good punt on the SM, and that's where I've gone fairly heavily over the last week or so. hope i'm right. I think pbl35 is also rolling into a DFL Aaah good spot , update 1 day ago, and i think i might be looking at that one as well over the next few days.  far better than a Luton office block.
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far better than a Luton office block.