smee
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Post by smee on Jul 27, 2014 9:11:52 GMT
Yes, the markets are both lumped together. The 36% is mostly underwriters. I have some of this up for sale at the moment and it sells quite quickly because flippers go to the front of the queue.
The negative numbers happen when two people buy the same part at the same time. The system allows them both to buy somehow and then SS sort it out manually. On friday I sold some boat loans and I think this is what happened then. SS usually sort it out quickly but they have been slower this time.
edit: I see it's just been sorted - no negs. now
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agent69
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Post by agent69 on Jul 27, 2014 10:00:00 GMT
because flippers go to the front of the queue. I wonder if we could persuade AC to adopt a similar approach! Thanks for the info. Think I'll have a small punt on PBL5, and then keep an eye out for future opportunities. I assume the smaller boat loans sell out quite quickly?
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Investor
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Post by Investor on Jul 27, 2014 10:01:28 GMT
Last one went in less than 10 minutes with a 2% per user cap on it
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agent69
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Post by agent69 on Jul 27, 2014 10:14:56 GMT
Last one went in less than 10 minutes with a 2% per user cap on it Maybe they need a lower cap. Much, much lower?
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mikes1531
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Post by mikes1531 on Jul 27, 2014 13:55:10 GMT
Last one went in less than 10 minutes with a 2% per user cap on it Maybe they need a lower cap. Much, much lower? I've thought that myself. The counter argument is that if the limit goes too low, investors could see it as too low to bother with. Funding Secure have a similar problem -- not enough loans to satisfy all their investors. The last loan they offered had a £25/investor maximum, and that did slow down the 'feeding frenzy' when it was released so it did take a few hours to completely fund that loan. But you won't find larger investors getting too excited about a £25 opportunity -- and FS/SS need those deep-pocketed investors when they have large loans to fund. Setting the maximum investment at the level that generates the least amount of complaints requires the skill of a tightrope artist!
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ramblin rose
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“Some people grumble that roses have thorns; I am grateful that thorns have roses.” — Alphonse Karr
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Post by ramblin rose on Aug 14, 2014 14:35:54 GMT
Some generous soul selling nice chunks of several boaty loans................
Edit: the recent ones have all gone quickly - just the ones soon to finish left
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spockie
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Post by spockie on Aug 18, 2014 7:37:31 GMT
Some chunks of property 1, 2, 5 and 6 on offer.
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Post by Deleted on Aug 20, 2014 15:03:56 GMT
Some decent chunks of PBL 1, 2 and 4 have been up for grabs this afernoon. I just invested in each but looks like it's all been snapped up now apart from £300 left in PBL4. Somebody sold their loan parts fast.
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Post by mill750 on Aug 22, 2014 18:34:59 GMT
Put up 1k ish of sun seeker boat loan if it's of interest to anyone
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j
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Penguins are very misunderstood!
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Post by j on Aug 29, 2014 20:03:33 GMT
Some more boaty units & PBL7 available!
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Post by davee39 on Aug 29, 2014 21:51:51 GMT
Just a thought, but why would anyone want to invest in a loan with only a few days to run?
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j
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Penguins are very misunderstood!
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Post by j on Aug 29, 2014 21:55:39 GMT
Just a thought, but why would anyone want to invest in a loan with only a few days to run? If you have spare cash sitting with little or no interest why not put it there to earn, albeit for a few days? Provided you're happy with the risk that a loan may go in default in the interim. I've done it on occasions when I've had the cash
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Post by Deleted on Aug 29, 2014 22:15:24 GMT
Yes but much better to invest in a loan with months to run thus avoiding the default scenario.
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j
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Penguins are very misunderstood!
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Post by j on Aug 29, 2014 22:39:06 GMT
Yes but much better to invest in a loan with months to run thus avoiding the default scenario. Provided you're not already overweight in these loans. A lot of permutations can apply but, it is an individual decision at the end of the day & depends a lot on individual investment strategy. Doesn't mean than any of our methods is wrong or unsuitable 
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mikes1531
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Post by mikes1531 on Sept 1, 2014 18:05:39 GMT
Yes but much better to invest in a loan with months to run thus avoiding the default scenario. It also depends on when you need access to the money, and how confident you are that you could exit from a loan before maturity if necessary by using the secondary market.
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