fasty
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Post by fasty on Dec 23, 2016 13:39:29 GMT
No no, the profits are still well ahead of the losses. Net return today is the lowest ever, 9.2%, and its been heading steadily south for a long time. Can't see a rosy future ahead here, so a major cull is approaching. Similar here, my defaults and RBRs on FC seem to be rising fast. However my (all-time) net profit is still 6 times my losses. (both figures from FC earnings summary) Of course that doesn't take into account loans already RBR which doesn't help. I would be interested to learn other people's profit:loss ratio
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kaya
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Post by kaya on Dec 23, 2016 14:14:11 GMT
My ratio is now about 2.9 -1. That makes you twice as sucessful as me, though presumably that does not equate to a net return of over 18%
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mikeh
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Post by mikeh on Dec 23, 2016 14:18:07 GMT
My ratio is 6.1 with a quoted Annualised return of 12.2%. It was higher in the good old days.
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markr
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Post by markr on Dec 23, 2016 15:21:09 GMT
Maybe I've been lucky at avoiding the turkeys, but my ratio is 13.5 for a net annualised return of 9.2%. Removing cashback earnings the ratio is 8.5 (although that's a little unfair since I can't separate the sale fees from flipping that cashback).
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blender
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Post by blender on Dec 23, 2016 15:33:02 GMT
Do you mean all time earnings divided by outstanding losses - from the summary. Mine's 42 if that calculation, or 50 if it is gross earnings.
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Steerpike
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Post by Steerpike on Dec 23, 2016 16:56:17 GMT
Summary earnings/losses = 141
XIRR over 3.5 years = 11.45%
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guff
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Post by guff on Dec 23, 2016 17:40:28 GMT
Do you mean all time earnings divided by outstanding losses - from the summary. Mine's 42 if that calculation, or 50 if it is gross earnings. Likewise with annualised returns of 9.9%.
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fasty
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Post by fasty on Dec 23, 2016 18:15:12 GMT
Yes, I was thinking "all time earnings divided by outstanding losses" (easy as those two numbers are on the summary).
Interesting results; some of you seem to have been very good at avoiding turkeys. I wonder if it correlates with having to hold up a full-time job (or not)...
On reflection, maybe it's not such a useful metric as what really matters most is the actual net earnings.
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