JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,309 
Likes: 883
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Post by JamesFrance on Apr 6, 2017 14:13:21 GMT
Thanks, I was away for a while and they were all gone when I just checked. I have added another auto so will see if it makes a difference. Maybe twice as many loans would let it keep up with the repayments.
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Post by nesako on Apr 10, 2017 11:02:08 GMT
Did you guys now get fully invested? Just checking before depositing more - no point if cash will just sit un-invested...
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,309
Likes: 883
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Post by JamesFrance on Apr 10, 2017 13:27:54 GMT
No, my cash balance continues to grow. Pointless platform if there are no loans available. I now have about 25% idle cash and repayments still increasing it!
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Post by buttchopf23 on Apr 10, 2017 13:33:15 GMT
Hm, what amounts did you set for AI? I had 3% Cash on Saturday, today all gone. Maybe older AI's get to shoot first?
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,309
Likes: 883
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Post by JamesFrance on Apr 10, 2017 15:21:07 GMT
The first one was 50€ then 10€ and 90€. They each got one loan this afternoon so with one 50€ repaid today my cash balance has dropped by 100€ so a day to celebrate a little.  |
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Post by buttchopf23 on Apr 11, 2017 6:52:13 GMT
It seems to get better  I have deposited 100 eur for testing this morning, now I checked and all was invested, 40,30,20,10, each AI took one bite |
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,309
Likes: 883
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Post by JamesFrance on Apr 11, 2017 13:13:54 GMT
Yes a better day today, I am back down to about 10% cash uninvested.
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,309
Likes: 883
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Post by JamesFrance on May 22, 2017 7:39:33 GMT
It is now two and a half months since all my loans have been bought at 14% and 3 months after starting at 12%.
However my XIRR seems to be unable to increase now and is stuck at about 10%, presumably because repayments received from Friday morning until Sunday evening are not reinvested by auto invest until the Monday morning, leaving dead money for 3 days per week.
It seems to be misleading to offer investors 12 to 14% on very short loans when it cannot be achieved.
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kulerucket
Member of DD Central
Posts: 336
Likes: 93
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Post by kulerucket on May 22, 2017 8:27:36 GMT
Especially since the front page says "Invest & receive guaranteed return from 12%"
I was considering increasing from 500€ to 5000€ to get the 14%. With the amount of cash drag my real XIRR is only about 9%, so it's not worth the added risk.
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Post by xbionicx on Jun 11, 2017 13:22:22 GMT
Hi everyone,
My first post in the forum so I would like to say thank you. I have spent the last 2 weeks reading most of the threads and they are very useful.
Any updates on the demand vs offer? I have just sign up in swaper and no loans are listed.
Thanks!
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Post by buttchopf23 on Jun 11, 2017 13:46:00 GMT
Welcome to the boards.
Demand still exceeds supply. You have to set some ai's (with different loan amounts) and you will get some loans.
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Post by xbionicx on Jun 12, 2017 9:11:30 GMT
Welcome to the boards. Demand still exceeds supply. You have to set some ai's (with different loan amounts) and you will get some loans. Thanks buttchopf23. By the way, your blog has been really usefull for me. I have gone through most of your posts.
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Post by moneymakingmoney on Nov 5, 2017 2:40:14 GMT
Hi,
I was wondering to the current supply of loans.
Is it worth depositing money to Swaper or is the cash drag still increasing?
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,309
Likes: 883
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Post by JamesFrance on Nov 5, 2017 7:51:41 GMT
I have not added any cash recently, some days I have zero balance but others money not reinvested, but worth a try.
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Post by buttchopf23 on Nov 5, 2017 8:21:56 GMT
Since the addition of russian loans the cash drag has eased. I have been nearly fully invested for the last two weeks approximately.
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