stevio
Member of DD Central
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Post by stevio on Sept 22, 2016 21:35:39 GMT
Just wondering what strategies people use to invest?
Just pre-funding or SM or both?
Pre-fund all loans same, evaluate each?
When do you sell? Prior to loan launch, after pre-funding allocation?
What do you sell? Negative day loans, 30 day, LTV, provision fund not cover, valuation quality?
When do you buy?
What do you buy?
How diversified are you? Every loan, specific criteria met, what's available?
How much time does the above take up for you?
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Post by martin44 on Sept 22, 2016 21:47:42 GMT
Just wondering what strategies people use to invest? Just pre-funding or SM or both? Pre-fund all loans same, evaluate each? When do you sell? Prior to loan launch, after pre-funding allocation? What do you sell? Negative day loans, 30 day, LTV, provision fund not cover, valuation quality? When do you buy? What do you buy? How diversified are you? Every loan, specific criteria met, what's available? How much time does the above take up for you? WOW ,, lot of questions there. here's how it works for me. most important. 1.low ltv, the lower the ltv the more i invest, usually 2k to 10k i use pre-fund, pipeline and SM. I check whats available every day, and buy via FFF. i currently hold 2 -day loans because i am happy with the updates and the LTV, but generally sell around the 30 day mark. i buy any time anything good is available via the SM. I am ok with pbls but i like dfls. Diversity? trying to change strategy, more money in less loans = less time. Time? too much because too many loans, hence above.
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Liz
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Post by Liz on Sept 22, 2016 21:52:54 GMT
Just wondering what strategies people use to invest? Just pre-funding or SM or both? Pre-fund mainly, but the odd SM loan with 6+ months left, when I am stuck with cashPre-fund all loans same, evaluate each? Try and pre-fund the same, but get a lot less on some loans, so need to take more on some loansWhen do you sell? Prior to loan launch, after pre-funding allocation? Sell 30-90 days, sometimes buy very short term as a park until something better come along(did this with Hull loan)What do you sell? Negative day loans, 30 day, LTV, provision fund not cover, valuation quality? Sell everything at 30-90days, depending on the loan.
When do you buy? Mainly pre-fund, or within a month of the loan launch if I didn't get enough on pre-fund.What do you buy? I stock pick, mainly avoid commercial, land, Scotland and London. Depends also on LTV aswell.How diversified are you? Every loan, specific criteria met, what's available? Not that well, upto 10% in loans I really like.How much time does the above take up for you? A lot less than it should. A lot of the DD is done by fellow forum members, saves a lot of time.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Sept 22, 2016 22:26:59 GMT
Just pre-funding or SM or both? Predominantly pre-funding, a bit of SM when monthly interest comes through and during midnightPre-fund all loans same, evaluate each? evaluate eachWhen do you sell? Prior to loan launch, after pre-funding allocation? I don't understand the question (why would I sell be loan launch?!)What do you sell? Negative day loans, 30 day, LTV, provision fund not cover, valuation quality? A combination of all of the above. Happy to keep any loan that has solid security, but I do view short term and negative term loans at "high risk" (in terms of likelihood to default)When do you buy?  ... Betweens 0:00 - 23:59What do you buy? I prefer bricks & mortar loans with a good chance of a quick and satisfactory (i.e. full recovery) sale should the loan default.
How diversified are you? Every loan, specific criteria met, what's available? 25 Loans with specific investments accord to riskHow much time does the above take up for you? More than I expected. |
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Post by Harland Kearney on Sept 22, 2016 22:34:54 GMT
Just wondering what strategies people use to invest? Just pre-funding or SM or both? I love the pre-funding feature SS provides, its a really good feature and for me personally is a feature that stands out in a good way compared to other platforms at the moment.Pre-fund all loans same, evaluate each? I evaluate all loans, however I feel that sometimes with the varying scales users are invested and the time they have its difficult to do a massive amount of indepth DD especially when it doesn't entirely worth while with the strategy I use (Below). I will usually opt out of like 1 in 10 loans so I'm very soft may bite be in the ass sooner or later!When do you sell? Prior to loan launch, after pre-funding allocation? I sell always 45-60 days before maturity on a normal basis. I may hold loans I really really like to merturity or sell ones where credit events/news events (E.G recent summer set) at anytime. Not worth the risk.What do you sell? Negative day loans, 30 day, LTV, provision fund not cover, valuation quality? Pretty much answered above ^^When do you buy? Pre-Fund. Sometimes use SM on payday, however I generally keep the money to use on a pipeline loan that passes.What do you buy? What I like of course.
How diversified are you? Every loan, specific criteria met, what's available? I always keep 100 GBP per loan or below. But my pot in SS is alot smaller than in my other P2P playforms, mainly because I feel SS is a high risk platform, however I am looking and continuing to expand my pot in SS as pipeline loans are drawn down.How much time does the above take up for you? Very little, most time is spent on payday. I generally check every Saturday for loans that dip below the 60 day line to sell/re-evaluate my holding.
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ben
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Post by ben on Sept 23, 2016 15:47:12 GMT
I have the same strategy as I have on all the sites I use, I buy what I am happy to hold in case of defualt, so on SS I have very few loans, as the security on most loans is not really there.
I do not really see the point of just investing to sell on, if everything on SS remains as it currently is, loans repaying not many defaults ie enough for the provision fund to cover it does not matter how you invest. However if there is a change i.e defualts and the provision fund looks like it be unable to cover losses then the secondary market will change and you will not be able to sell loans so why hold loans with poor security just for the sake of diversification?
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SteveT
Member of DD Central
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Post by SteveT on Sept 23, 2016 15:56:54 GMT
Just pre-funding or SM or both?
Just via pre-funding
Pre-fund all loans same, evaluate each?
Briefly evaluate the loan details whenever a go-live warning email arrives
When do you sell? Prior to loan launch, after pre-funding allocation?
Depends on the state of the SM and what it is that I'm selling. Anything unlikely to sell immediately I would typically list for sale the day before, ahead of the rush
What do you sell? Negative day loans, 30 day, LTV, provision fund not cover, valuation quality?
Whatever I most want to reduce next (combination of remaining term and quality of security)
When do you buy?
I don't bother trying to buy via the SM
What do you buy?
See above
How diversified are you? Every loan, specific criteria met, what's available?
I pre-fund something in the majority of loans, although I won't hold some of them very long
How much time does the above take up for you?
Very little time at all (10 mins per new loan?)
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Post by Deleted on Sept 23, 2016 16:09:43 GMT
My only thoughts to add
1) buy mainly in the primary market
2) reduce during the +10 to -30 day period
3) Don't lend to a story you don't believe or where planning permission "will be easy to get"
4) I avoid Liverpool/Hull/Scotland outside Edinburgh and most of Wales. Either I know them too well or not at all. If in doubt a few seconds on Google maps/street view will convince one way or another.
5) SM only with very long dates and picking up loans I couldn't get enough of originally when in the PM.
6) Before go live read these threads, if anyone sensible is a bit worried use a barge pole.
7) Diversification, SS is only 18% of my P2P and I avoid about 2/3rds of the deals they offer. I keep all loans to max 2% of total in P2P
8) Time, about 6 - 10 min a day, but then I also contribute here and look at P2p equity (which is new to me and takes more research)
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puffin
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Post by puffin on Sept 23, 2016 16:39:44 GMT
7) Diversification, SS is only 18% of my P2P and I avoid about 2/3rds of the deals they offer. I keep all loans to max 2% of total in P2P About 2% max per loan is what I'm aiming to do(currently at 5% of 100K). What other p2p's do you use?
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Post by Deleted on Sept 23, 2016 17:38:33 GMT
Also MT and FS growing
FC, RS and AC reducing
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Sept 23, 2016 20:39:03 GMT
Just wondering what strategies people use to invest? Just pre-funding or SM or both? Mainly prefunding, will pick up something on SM if I happen to be about, at max platform investment currently.Pre-fund all loans same, evaluate each? Prefund most, max 5% of portfolio.When do you sell? Prior to loan launch, after pre-funding allocation? Depends on size of launch, big ones, guesstimate allocation based on 2000 investors and sell 50% before, balance after, small generally afterWhat do you sell? Negative day loans, 30 day, LTV, provision fund not cover, valuation quality? less than 60-90 days left, weakest security firstWhen do you buy? Only if Im on for another reason and something takes my fancy, What do you buy? Long date loans which I didnt get sufficient at launch, loans being rolled into DFL if definitive.How diversified are you? Every loan, specific criteria met, what's available? about 40 loans, max 5%, selling down over time as appropriateHow much time does the above take up for you? minimal time on site, too much time on forum stuff (the fun bit)
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mikes1531
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Post by mikes1531 on Sept 23, 2016 22:41:47 GMT
I do not really see the point of just investing to sell on, if everything on SS remains as it currently is, loans repaying not many defaults ie enough for the provision fund to cover it does not matter how you invest. The above depends on your view of whether the PF will cover interest after a red notice appears, and how long you think resolution will take. If you think the PF will cover interest, or resolution will be quick, then it probably doesn't matter. If, OTOH, you don't expect the PF to cover interest, and that resolution could take a year -- there are cases at AC where resolution is taking more than a year -- then getting out of short-dated or negative loans while it's possible might be a reasonable approach to take.
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adrianc
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Post by adrianc on Sept 24, 2016 7:27:52 GMT
Just wondering what strategies people use to invest? Just pre-funding or SM or both? Mostly PM, SM to rebalance.Pre-fund all loans same, evaluate each?
Evaluate, but go with most.When do you sell? Prior to loan launch, after pre-funding allocation? Depending on updates/DD threads/gut-feel. I have a spreadsheet of each loan, colour-coded for "buy" or "sell down". When loans get onto my "sell down" list, they're sold to fund SM purchases in the "buy" list, as they come along, or to fund new PM loans. Currently: Sell list - 8 loans, 16.7% of total invested. Buy list - 7 loans, 11.75%. Aim for zero cash.What do you sell? Negative day loans, 30 day, LTV, provision fund not cover, valuation quality?
Depending on updates/DD threads/gut-feel.When do you buy? PM - prefund. SM - when available, usually in aftermath of new loan go-live as others rebalance.What do you buy? What I "need". I have a maximum holding figure for each loan, and aim for that.How diversified are you? Every loan, specific criteria met, what's available? All loans except those I don't much like or are imminently repaying. 54 of 74 current loans.How much time does the above take up for you? Mostly, next-to-nothing. Sometimes, a bit of background attention over a reasonable elapsed period.
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duck
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Post by duck on Sept 24, 2016 8:27:24 GMT
Just pre-funding or SM or both? Both but predominantly pre-funding ..... fingers worn down to stumps from FFF Pre-fund all loans same, evaluate each?
Evaluate each When do you sell? Prior to loan launch, after pre-funding allocation? All depends on the loan and the amount held. I always have funds to cover pre-funds so I never sell just to get into a new loan What do you sell? Negative day loans, 30 day, LTV, provision fund not cover, valuation quality?
Happy to hold the occasional negative day loan. I run 3 SS accounts so I occasionally balance loan amounts across SS and other platforms When do you buy?
See above What do you buy? What I fancy but I do take into account 'ease of sale' just in case I change my strategy. How diversified are you? Every loan, specific criteria met, what's available? 49 loans currently. Some held by all 3 of my accounts, others by just 1 or 2. How much time does the above take up for you?Long quiet periods followed by a few frantic hours ...... to the extent that my wife says 'will you stop filling up my Inbox' 
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treeman
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Post by treeman on Sept 24, 2016 9:00:30 GMT
Long quiet periods followed by a few frantic hours ...... to the extent that my wife says 'will you stop filling up my Inbox' Ha ! I also run an account in my missus name and long ago turned off the notifications for SM activity to give my ears a rest  Selling down a wad of shrapnel generates a huge number of emails ............ Otherwise My basic 'strategy' is pretty well covered by a mixture of the various posts above - there does seem to be a bit of a pattern emerging.... FWIW I'm currently in 45 Loans (non on -ve days). None I want I've missed altogether, but a few I'd top up given the chance. Takes a lot less time now I'm fully invested - but I did a fair bit of SM prowling and FFF (pre-reCaptcha thankfully) for a few months to get there. Bottom-up makes PF setting (less guessing) much easier too 
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... Betweens 0:00 - 23:59
