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Post by Financial Thing on Aug 8, 2016 14:36:51 GMT
I considered the dilemma of silly low bank rates and limits on p2p comfort in late 2014 & in Jan 2015, dumped all available cash into Vanguard US and Dev Europe tracker funds (2 stock and 1 bond fund 70/30 weighted). Up 26% on stock tracker and 4.5% bond tracker.
Yes the markets will fluctuate, but they pay decent dividends (approx 2%) and when you factor in compounding interest using reinvest, they are a no brainer and much safer than p2p.
Key is you must buy and keep buying through the peaks and valleys never selling. Good option if you don't need the cash in the next 5 years.
I'd never feel comfortable putting more than 15% of funds into p2p no matter how rosy things are.
** Not to be considered as financial advice **
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locutus
Member of DD Central
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Post by locutus on Aug 8, 2016 14:42:56 GMT
I considered the dilemma of silly low bank rates and limits on p2p comfort in late 2014 & in Jan 2015, dumped all available cash into Vanguard US and Dev Europe tracker funds (2 stock and 1 bond fund 70/30 weighted). Up 26% on stock tracker and 4.5% bond tracker. Yes the markets will fluctuate, but they pay decent dividends (approx 2%) and when you factor in compounding interest using reinvest, they are a no brainer and much safer than p2p. Key is you must buy and keep buying through the peaks and valleys never selling. Good option if you don't need the cash in the next 5 years. I'd never feel comfortable putting more than 15% of funds into p2p no matter how rosy things are. ** Not to be considered as financial advice ** Can you list the exact funds you invested in out of interest?
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Post by Financial Thing on Aug 8, 2016 14:56:38 GMT
I considered the dilemma of silly low bank rates and limits on p2p comfort in late 2014 & in Jan 2015, dumped all available cash into Vanguard US and Dev Europe tracker funds (2 stock and 1 bond fund 70/30 weighted). Up 26% on stock tracker and 4.5% bond tracker. Yes the markets will fluctuate, but they pay decent dividends (approx 2%) and when you factor in compounding interest using reinvest, they are a no brainer and much safer than p2p. Key is you must buy and keep buying through the peaks and valleys never selling. Good option if you don't need the cash in the next 5 years. I'd never feel comfortable putting more than 15% of funds into p2p no matter how rosy things are. ** Not to be considered as financial advice ** Can you list the exact funds you invested in out of interest? Here's what I personally own: Developed Europe (5%) US S&P Fund (65%) Global Bond Fund (30%) I don't buy UK trackers as the FTSE isn't a good tracking index as it's too small. I use iweb to buy the funds.
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pikestaff
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Post by pikestaff on Aug 8, 2016 17:55:46 GMT
propman As I said, I am no fan of AC's 30 day account. However, compared to SS, I think AC's loans (with the exception of a few older ones) will perform better when we have a property downturn. AC is also not quite so "eggs in one basket" as SS. I think the risk of SS failing in a property downturn is high. I also think that the regulatory risk at SS is higher. If SS gets through the next few years in one piece, and achieves full regulation, I may reconsider but for the time being I am keeping well clear. This implies that you have some information about the loans supporting QAA and 30-day. I was not aware that there was anything available about this. Am I wrong or are you making some assumption about the quality of these loans? I believe they are the same loans in which we can invest directly or via the other packaged accounts.
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littleoldlady
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Running down all platforms due to age
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Post by littleoldlady on Aug 8, 2016 19:31:36 GMT
This implies that you have some information about the loans supporting QAA and 30-day. I was not aware that there was anything available about this. Am I wrong or are you making some assumption about the quality of these loans? I believe they are the same loans in which we can invest directly or via the other packaged accounts. Or possibly the less popular loans which don't fill.
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