e7
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Post by e7 on Nov 15, 2016 19:31:48 GMT
Hi folks
im about to invest a further £300, looking at the pipeline loans I was considering putting £100 in each
my questions is this would you if it where you put £100 in each or put the £300 in the gun boat house since its a longer loan
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Nov 15, 2016 19:41:01 GMT
Hi folks im about to invest a further £300, looking at the pipeline loans I was considering putting £100 in each my questions is this would you if it where you put £100 in each or put the £300 in the gun boat house since its a longer loan Diversifying is always important, but so is DD The Birmingham loan security is vastly overvalued (JMHO), and the gunboat doesn't look like a 9% loan (again JMHO). I would invest £100 in the "Large House In Cheshire" and wait for further pipeline loans (or send the remaining £200 to MT  )
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Jeepers
Member of DD Central
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Post by Jeepers on Nov 15, 2016 20:11:35 GMT
Personally I'd rather have big chunks in a few loans I'm happy with rather than diversifying just for the sake of spending risk. IMO that strategy increases risk.
I'd rather have a load of eggs in strong looking baskets than spread around the weaker looking ones.
Ask yourself if/when the s**t hits the fan, how much could you afford to risk in each loan?
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fasty
Member of DD Central
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Post by fasty on Nov 15, 2016 20:44:07 GMT
If I had the time: I'd initially put all £300 on the "large house in Cheshire" Then the next couple of times a decent-looking new opportunity appears I would sell a £100 chunk of "Cheshire" to buy into the newer loan and spread the risk a bit. That way, the money is earning interest ASAP. Unless the market changes new-ish pieces should resell quickly when needed. But then, I'm an engineer, with no knowledge of finance  |
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e7
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Post by e7 on Nov 15, 2016 21:45:19 GMT
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dan83
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Post by dan83 on Nov 17, 2016 15:31:50 GMT
I wouldn't put any money in the gun boat loan while there is loans paying a better interest rate.
I would put it all into a 12% loan and keep moving it about every time another 12% becomes available at a longer term.
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sam i am
Member of DD Central
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Post by sam i am on Nov 17, 2016 19:35:27 GMT
If you have the time then hang around on the SM for a while. Juicy bits do become available once in a while but you have to be quick. Very quick.
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mikes1531
Member of DD Central
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Post by mikes1531 on Nov 18, 2016 3:45:12 GMT
If you have the time then hang around on the SM for a while. Juicy bits do become available once in a while but you have to be quick. Very quick. Or be willing to give up sleeping. There were a number of loans, all with 100+ days remaining, available at about 0200 today. I didn't see when they first appeared, but there were just sitting there when I happened to check the website. I bought bits of four different loans, solving the dreaded reCaptchas every time, and there still were bits available after my purchases for at least a little while before I stopped watching.
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bababill
Member of DD Central
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Post by bababill on Nov 18, 2016 6:51:13 GMT
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Post by Deleted on Nov 18, 2016 8:00:55 GMT
large house looks good
boat shed avoid
SM is good at night
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guff
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Post by guff on Nov 18, 2016 9:18:48 GMT
If I had the time: I'd initially put all £300 on the "large house in Cheshire" Then the next couple of times a decent-looking new opportunity appears I would sell a £100 chunk of "Cheshire" to buy into the newer loan and spread the risk a bit. That way, the money is earning interest ASAP. Unless the market changes new-ish pieces should resell quickly when needed. So would I. But then, I'm an engineer, with no knowledge of finance So am I.
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