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Post by wiseclerk on May 21, 2014 19:12:03 GMT
I had my second one today too, rather strange that it took 10 days for the first one then two for the next. Yeah, well if queues work like they are described (nobody seems to be sure about that currently), day intervals are actually not telling much. The real indicator is how many loans for the same (!) queue with what loan amount are in between your bids. If there are few new EE A1000 26% loans the queue will obviously take much more days for one rotation than on streaks with few. I see myself and more people getting tired with all this speculation about the queues and trying to grasp it. Maybe Bondora should come up with some intuitive solution to visualize the position for the individual investor in his dashboard. But then even if they would want to do that, that would be hard as there are so many different queues under the new system.
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james
Posts: 2,205
Likes: 955
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Post by james on May 22, 2014 8:59:45 GMT
I'm not certain if the explanation given in todays newsletter makes things clearer ...... The facts seem to better fit a theory that many accounts had a little money in them that was used up quickly as being the most significant factor. My lending so far seems to disprove the claim that earliest created matching profile is now the one that is used. The most recently created (edited?) is the one that is getting my matches when there is more than on possible profile that could be used.
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Post by batchoy on Jun 3, 2014 9:18:24 GMT
My profile bidding is still progressing very slowly and I am having to work hard manually bidding on Bondora+ loans in order to keep ahead of my income stream. As a result I am humming and hawing over whether or not to bite the bullet and accept that I am possibly going to have to accept a lower return if I am going to get the stream of loans I require from my profiles in order to reinvest the capital and interest repayments from my existing profolio
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323 
Likes: 897
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Post by JamesFrance on Jun 3, 2014 9:40:04 GMT
Same here. Unfortunately there is no history for recovery of defaulted loans for Finland Spain or Slovakia, let alone for Bondora+ so we could be making a leap in the dark. My last Estonian A1000 loan was a week ago, so I am expecting to be quite well up in the queue.
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Post by batchoy on Jun 3, 2014 9:58:56 GMT
Same here. Unfortunately there is no history for recovery of defaulted loans for Finland Spain or Slovakia, let alone for Bondora+ so we could be making a leap in the dark. My last Estonian A1000 loan was a week ago, so I am expecting to be quite well up in the queue. I had one EST A1000 yesterday at 26% but that was after several lean days where the only things I got were €5 shares in ESP A1000 loans on Bondora+. EDIT: Just had a really odd one, trawling through the primary market for suitable Bondora+ loans I managed to pickup a Bondora SVK A1000 that should have been picked up by my SVK A1000 profile.
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duck
Member of DD Central
Posts: 2,864
Likes: 6,898
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Post by duck on Jun 3, 2014 17:02:18 GMT
Same for me, one at 26 and one at 15! I've been dabbling with the Bondora+ loans but I have a feeling that default rates will be pushed up without careful management.
One other thing I have noticed is that I am spending more time trying to get my returned cash re-invested and I don't see that time spent diminishing since I envisage spending more time trying to minimise my losses.
That said, my ROI is still increasing (long may it continue) so I am some long way from pulling the plug!
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Post by batchoy on Jun 3, 2014 20:10:03 GMT
Same for me, one at 26 and one at 15! I've been dabbling with the Bondora+ loans but I have a feeling that default rates will be pushed up without careful management.
One other thing I have noticed is that I am spending more time trying to get my returned cash re-invested and I don't see that time spent diminishing since I envisage spending more time trying to minimise my losses.
That said, my ROI is still increasing (long may it continue) so I am some long way from pulling the plug! At the moment I am restricting my Bondora+ loans to A1000 only, no FIN loans and no investments over €5 and as a result I am struggling to invest my income but I have manged clear half the cash mountain I built up on the peak repayment days last month. As you say these loans are going to need a lot of watching and management, it has got to the point where I have been seriously considering experimenting with flipping bondora+ loans.
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duck
Member of DD Central
Posts: 2,864
Likes: 6,898
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Post by duck on Jun 4, 2014 4:51:29 GMT
I've been thinking along the same lines.
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323
Likes: 897
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Post by JamesFrance on Jun 4, 2014 6:44:09 GMT
There has been little activity from the flippers recently and plenty of B+ loans available on the primary market for several days apart from the very small amounts. There are nearly 3000 B+ loan parts on resale now and plenty of those are at low markups. I think the flippers have been unable to sell their loans and will have to hold them.  |
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Post by wiseclerk on Jun 4, 2014 6:55:02 GMT
it has got to the point where I have been seriously considering experimenting with flipping bondora+ loans. I experimented extensively with trading Bondora+ loans. Very interesting undertaking - I learned a lot. I plan to write a blog post on how the trading went in 2-3 weeks.
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duck
Member of DD Central
Posts: 2,864
Likes: 6,898
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Post by duck on Jun 4, 2014 8:12:04 GMT
wiseclerk please get writing!
Your blogs are always interesting but this one I look forward to especially .......
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Post by wiseclerk on Jun 4, 2014 9:05:57 GMT
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Post by batchoy on Jun 4, 2014 10:17:38 GMT
Interesting reading, luckily I can, to a certain extent, read German.
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duck
Member of DD Central
Posts: 2,864
Likes: 6,898
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Post by duck on Jun 4, 2014 13:35:24 GMT
Interesting reading, luckily I can, to a certain extent, read German. Interesting reading indeed, luckily Bing can, to a certain extent. translate German
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Post by batchoy on Jun 6, 2014 13:41:58 GMT
Having tweaked two of profiles this morning I find myself with three new A1000 loans at between 22% and 26%, and the only thing I did was to edit the bidding amount, nothing else in the profiles was changed and I know it was the modified profiles that got the loans because the amounts match the revised figures and only the two modified profiles have that value for bidding.
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