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Post by jabardolas on Feb 13, 2017 17:22:37 GMT
Today i found out that Bondora has a new statistics page, and with it I found this on my personal page:  Is it just me, or this looks very bleak? How do your pies compare to mine? |
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Post by gmaxkenny on Feb 13, 2017 23:40:44 GMT
First time I noticed it.  |
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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 Feb 14, 2017 8:34:08 GMT
Most people will never find it but they can now claim the information is available on the website.
I wonder why they have finally decided to show this. Could be pressure from their regulator rather than conscience.
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kulerucket
Member of DD Central
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Post by kulerucket on Feb 14, 2017 8:59:35 GMT
It's fairly promenent under the main Statistics tab so I'm not sure why people wouldn't find it.
It suprises me that people would not have a general view of the proportion of default/overdue/current loans in their portfolio with or without the pie chart being available. It's one of the fundimental pieces of information on which to judge how well your investments are doing. The fact that the information presented reveals something not already known to the investor is quite surprising to me.
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Post by oktaeder on Feb 14, 2017 9:31:58 GMT
It was announced in their blog too.
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Post by wiseclerk on Feb 14, 2017 10:10:33 GMT
I think a fair picture of how I am doing on Bondora is if I additionally include the repaid slice. In fact I have already withdrawn more than I deposited at Bondora and I still have a large portfolio. Of course with time the slice of defaulted loans increases.  |
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Post by rahafoorum on Feb 14, 2017 10:42:15 GMT
The pie on its own is pretty useless to be honest in both cases, unless you have a relatively new, but still somewhat mature portfolio. However, if you add the same settings to the monthly quality graph, then you might even start seeing something more meaningful.
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Post by rahafoorum on Feb 14, 2017 11:51:22 GMT
Hmm...the shenanigans haven't stopped still. The bottom graph of monthly quality is still using some weird different logic. The defaulted loans are still shown as "overdue" instead of default in majority even if you select balance.
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Post by gmaxkenny on Feb 14, 2017 12:04:51 GMT
It's fairly promenent under the main Statistics tab so I'm not sure why people wouldn't find it. It suprises me that people would not have a general view of the proportion of default/overdue/current loans in their portfolio with or without the pie chart being available. It's one of the fundimental pieces of information on which to judge how well your investments are doing. The fact that the information presented reveals something not already known to the investor is quite surprising to me. A lot of investors like me have long ago given up on Bondora. I only check my account about once a month and withdraw the balance. I have not purchased a loan since March 2014 so I have little interest in their many updates and "improvements". I just updated my chart to include repaid loans I may eventually break even then again the postman may bring a sackful of Valentine cards today. We live in hope.  
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Post by marthaskirta on Feb 14, 2017 12:05:01 GMT
Hmm...the shenanigans haven't stopped still. The bottom graph of monthly quality is still using some weird different logic. The defaulted loans are still shown as "overdue" instead of default in majority even if you select balance. Can you please elaborate? It works fine for my portfolio. I would appreciate if you can give some examples so we can investigate. Thank you.
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Post by rahafoorum on Feb 14, 2017 13:51:43 GMT
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Post by marthaskirta on Feb 14, 2017 14:13:36 GMT
Same account and same settings for "balance". ![]() Thank you. Could you please show the "Loan status" chart also with the same statuses as for risk graph. Currently I can't compare these, if you hoover to the "loan status" piechart then you can see the amount in euros also. If you wish you can send these to me privately. What you chose under the settings for both chart for "value"?
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Post by oktaeder on Feb 14, 2017 16:32:06 GMT
I never understood this very chart and I don't do yet. here is mine:  It doesn't look good (and it isn't) but there is much too much "orange". red:orange is 26k:3k in summary. |
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kulerucket
Member of DD Central
Posts: 336
Likes: 93
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Post by kulerucket on Feb 14, 2017 23:13:32 GMT
I'm a bit drunk and antagonistic so what the hell... I get all the animosity against Bondora from the pioneers. But you entered this market long before I was anywhere near comfortable with this sort of investment. It was high risk at the time and it didn't work out. Deal with it! All I've seen are people whining that they were/will be lucky to break even. Surely a complete loss of everything was a substantial possibility and you must have accepted that risk at the time. Whatever "stats" the platform puts out, anyone entering this game should be drawing their own conclusions from their own experiences. As far as I'm concerned this is still the wild west in terms of investment opportunities so there is a real need to be very careful. At this point in time Bondora has a lot of competition and if they fail to deliver they won't survive. I tend to put a fairly small amount in a platform until I fully understand how it works, how defaults are dealt with, how much actual return I'm getting, etc, etc. For this platform at this point in time the (my) jury is still out. If you have put more cash into these things than you are comfortable with losing, what do you expect? EDIT: At this stage I'm not capable of getting the quoting to work properly...
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Post by gmaxkenny on Feb 14, 2017 23:54:49 GMT
I'm a bit drunk and antagonistic so what the hell... I get all the animosity against Bondora from the pioneers. But you entered this market long before I was anywhere near comfortable with this sort of investment. It was high risk at the time and it didn't work out. Deal with it! All I've seen are people whining that they were/will be lucky to break even. Surely a complete loss of everything was a substantial possibility and you must have accepted that risk at the time. Whatever "stats" the platform puts out, anyone entering this game should be drawing their own conclusions from their own experiences. As far as I'm concerned this is still the wild west in terms of investment opportunities so there is a real need to be very careful. At this point in time Bondora has a lot of competition and if they fail to deliver they won't survive. I tend to put a fairly small amount in a platform until I fully understand how it works, how defaults are dealt with, how much actual return I'm getting, etc, etc. For this platform at this point in time the (my) jury is still out. If you have put more cash into these things than you are comfortable with losing, what do you expect? EDIT: At this stage I'm not capable of getting the quoting to work properly... Yes it was high risk and yes when it went wrong I moved on to others platforms and having learned from my mistake that thinking Bondora would do some due diligence before using investors money for their market research I am now not as trusting of the statistics and promises of other platforms. I am now invested in eight other platforms and doing quite nicely. If you are happy to invest your money with a company that has very dubious accountancy practices that shuts down its own forum and that tries to censor this forum and Trustpilot then thats your decision. I wont. From the time a few years ago when Bondora said it would be the largest Pan European P2P platform it is on the way to sinking without trace as others race ahead so I have little doubt that they will be gone in a few years at most.
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