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Post by Harland Kearney on Nov 28, 2016 16:16:25 GMT
No I've never investigated Alberates offerings. I'm currently invested in SS, FC, FS, AC and Zopa. So I feel in many ways I have enough exposure to the P2P market to feel comfortable.
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blender
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Post by blender on Nov 29, 2016 8:25:58 GMT
No I've never investigated Alberates offerings. I'm currently invested in SS, FC, FS, AC and Zopa. So I feel in many ways I have enough exposure to the P2P market to feel comfortable. That's fine. You seemed to have a problem lending out cash and I am pleased to see Ablrate not considered rather than rejected. There are two large secured loans currently at 12% and 16%. The concern for me is not to place too much there.
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acky
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Post by acky on Nov 29, 2016 11:22:12 GMT
No I've never investigated Alberates offerings. I'm currently invested in SS, FC, FS, AC and Zopa. So I feel in many ways I have enough exposure to the P2P market to feel comfortable. That's fine. You seemed to have a problem lending out cash and I am pleased to see Ablrate not considered rather than rejected. There are two large secured loans currently at 12% and 16%. The concern for me is not to place too much there. Yeah, will you guys please fill up the 16% one - I've taken enough already but keep getting tempted by 16% to put more in!!
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blender
Member of DD Central
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Post by blender on Nov 29, 2016 18:58:08 GMT
That's fine. You seemed to have a problem lending out cash and I am pleased to see Ablrate not considered rather than rejected. There are two large secured loans currently at 12% and 16%. The concern for me is not to place too much there. Yeah, will you guys please fill up the 16% one - I've taken enough already but keep getting tempted by 16% to put more in!! Careful now. It's 70% gone and only £200k left. And I was looking forward to another 40 days of instant returns at 16% risk and tax free before my cash was given to the borrower. It's only a second charge you know. Much too risky for FC refugees who are used to ... er, time to shut up.
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SteveT
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Post by SteveT on Dec 4, 2016 7:50:32 GMT
My last sell-able FC loan part was purchased from me overnight so I'm now officially "out" (apart from £500 or so stuck in Late/RBR and £800 of Bad Debt). Feels a little weird but I guess I'll get used to it!
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Post by carol167 on Dec 4, 2016 9:44:54 GMT
My last sell-able FC loan part was purchased from me overnight so I'm now officially "out" (apart from £500 or so stuck in Late/RBR and £800 of Bad Debt). Feels a little weird but I guess I'll get used to it! My last non-secured loan sold last night too. So I too am out except for property with a much reduced overall holding. Just too many failing - and often too soon after being loaned for my liking - making for unreliable regular monthly income (and I only ever did A+ & A). I've used the capital to bolster up some other p2p amounts to compensate = overall increase in %return and more stable....for now.
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adrianc
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Post by adrianc on Dec 4, 2016 9:54:50 GMT
Down to about 6-7% of my peak, and only in two overdue property loans which are staggering towards repaying. Still, at 10% + 2% penalty, they can take a little while longer.
That's ignoring the 1.5% of peak lurking in dead-but-gently-repaying, of course. Even completely ignoring those, I'm on about 9.2% XIRR, so not too bad.
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SteveT
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Post by SteveT on Dec 4, 2016 12:47:06 GMT
Down to about 6-7% of my peak, and only in two overdue property loans which are staggering towards repaying. Still, at 10% + 2% penalty, they can take a little while longer. That's ignoring the 1.5% of peak lurking in dead-but-gently-repaying, of course. Even completely ignoring those, I'm on about 9.2% XIRR, so not too bad. My efforts in churning Es over the last 18 months has managed to keep my all-time XIRR up around 13.5%, still down from the 15% it was at in the heady days of early closers and property cashbacks but not bad. However, without a bot to compete with the others, I found it increasingly hard in recent months to pick up enough new Es to replace those sold. Faced with rising defaults and falling diversification, the only option left was to bail entirely (other than my long-term ISA holding in the FCIF investment trust).
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adrianc
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Post by adrianc on Dec 4, 2016 14:45:33 GMT
Down to about 6-7% of my peak, and only in two overdue property loans which are staggering towards repaying. Still, at 10% + 2% penalty, they can take a little while longer. That's ignoring the 1.5% of peak lurking in dead-but-gently-repaying, of course. Even completely ignoring those, I'm on about 9.2% XIRR, so not too bad. My efforts in churning Es over the last 18 months has managed to keep my all-time XIRR up around 13.5%, still down from the 15% it was at in the heady days of early closers and property cashbacks but not bad. However, without a bot to compete with the others, I found it increasingly hard in recent months to pick up enough new Es to replace those sold. Faced with rising defaults and falling diversification, the only option left was to bail entirely (other than my long-term ISA holding in the FCIF investment trust). I never got massively into the strip-and-flip cashback churn, but did have a bit of a light toe-dip towards the end of those glory days. Pretty much all of my return's been from simple interest payments (almost 90%).
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mikeb
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Post by mikeb on Dec 6, 2016 18:52:54 GMT
Just too many failing - and often too soon after being loaned for my liking - making for unreliable regular monthly income (and I only ever did A+ & A). I've used the capital to bolster up some other p2p amounts to compensate = overall increase in %return and more stable....for now. Yes, I'm getting a bit fed up of seeing "The direct debit has bounced twice in a row..." and "The borrower has cancelled their direct debit. We continue to chase" -- after 2 or 3 payments.
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Post by ratrace on Aug 6, 2017 11:34:01 GMT
Although its not as easy to get the high returns you once could its still my main P2P investment. My interest since l started in FC has always been to invest in SME's and for doing this.Then FC is still the best place to be.With FC l can get a good spread of loans (now 349 loans with a max holding of 0.8%) and still get good returns.
When l started with FC my target returns was 11.5 to 12.5. Which back in the days before fixed rates that was a goal that was more easy to reach (my return peaked at 13.1%) then it is now. But as long as l can still get 9% or more then FC is still worthwhile for me.
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Post by khampson on Aug 15, 2017 7:40:08 GMT
Although its not as easy to get the high returns you once could its still my main P2P investment. My interest since l started in FC has always been to invest in SME's and for doing this.Then FC is still the best place to be.With FC l can get a good spread of loans (now 349 loans with a max holding of 0.8%) and still get good returns. When l started with FC my target returns was 11.5 to 12.5. Which back in the days before fixed rates that was a goal that was more easy to reach (my return peaked at 13.1%) then it is now. But as long as l can still get 9% or more then FC is still worthwhile for me. But surely 9% can only be achieved by you carefully selecting your own loans to invest in as the headline rate using autobid is advertised at around 7%,you must be doing plenty of DD to get the return you say?
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Post by ratrace on Aug 15, 2017 17:51:18 GMT
Although its not as easy to get the high returns you once could its still my main P2P investment. My interest since l started in FC has always been to invest in SME's and for doing this.Then FC is still the best place to be.With FC l can get a good spread of loans (now 349 loans with a max holding of 0.8%) and still get good returns. When l started with FC my target returns was 11.5 to 12.5. Which back in the days before fixed rates that was a goal that was more easy to reach (my return peaked at 13.1%) then it is now. But as long as l can still get 9% or more then FC is still worthwhile for me. But surely 9% can only be achieved by you carefully selecting your own loans to invest in as the headline rate using autobid is advertised at around 7%,you must be doing plenty of DD to get the return you say? Hi Yes you are right, l would never able to get such good returns through using autobid. l have always selected my own loans. As far as DD goes, beyond the info l get from FC then l don't do any. The way my FC investment plan works is by avoiding holding onto loans during the time when they are at the greatest risk of default.
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james21
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Post by james21 on Aug 15, 2017 19:01:17 GMT
Although its not as easy to get the high returns you once could its still my main P2P investment. My interest since l started in FC has always been to invest in SME's and for doing this.Then FC is still the best place to be.With FC l can get a good spread of loans (now 349 loans with a max holding of 0.8%) and still get good returns. When l started with FC my target returns was 11.5 to 12.5. Which back in the days before fixed rates that was a goal that was more easy to reach (my return peaked at 13.1%) then it is now. But as long as l can still get 9% or more then FC is still worthwhile for me. Astounded that some folk think 9% is good rate from SME with no assets, they go bust you lose the lot
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justme
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Post by justme on Aug 15, 2017 19:28:45 GMT
9% was achieved after defaults. So not sure why you mentioning them.
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