Looking back - results after a year
Feb 19, 2017 12:48:12 GMT
david42, Neil_P2PBlog, and 4 more like this
Post by herrbert on Feb 19, 2017 12:48:12 GMT
I started to invest in P2P loans exactly a year ago. Here are my results and thoughts.
My strategy
I think it doesn't matter how much clever I try to be with loans to businesses. They are too risky. So I invest mostly in property (and boats and planes) and in assets sometimes. On SS and MT I sell before the end date, so I care only about rates and end dates.
You cannot compare the result rates directly because of various factors. Not enough data, accrued interest, paying frequency, Euro sites, etc.
The good
FS - 13.8% - Best platform so far. Lots of loans, good website, rates are high, risk is relatively low. I invest only in property and ships.
ABL - 10.01% - Started later and pays quarterly for some loans, so real results will be above 12%.
SS - 12.31% - The website is the easiest to handle, but missing some functionality.
MT - 12.00% - My first favourite, until I realized that there is no way to see who is in arrears, unless I export data.
Mintos - 16.57% (above 20% in GBP) - Auto invest, most of the loans are guaranteed. Some loans are very high rate (and risk).
Twino - 12.75% (19% in GBP) - Auto invest, most of the loans are guaranteed.
Collateral - 8.85% - Started a month ago, it will be above 12%. Small platform, but easy to invest.
The bad
AC - 9.5% - Too small interest for the risk, but luckily only one bad debt. I keep it for diversification, but only with a minimal investment.
FC - 3.6% - Too small interest for the risk. I got many bad debts. Maybe I was unlucky. I withdrawn what I could. With recoveries it can go above 5%.
The ugly
RebS - (-14%) - Only losses and promises. Maybe on the long run it will turn into positive with the recoveries. Avoid at all cost.
My strategy
I think it doesn't matter how much clever I try to be with loans to businesses. They are too risky. So I invest mostly in property (and boats and planes) and in assets sometimes. On SS and MT I sell before the end date, so I care only about rates and end dates.
You cannot compare the result rates directly because of various factors. Not enough data, accrued interest, paying frequency, Euro sites, etc.
The good
FS - 13.8% - Best platform so far. Lots of loans, good website, rates are high, risk is relatively low. I invest only in property and ships.
ABL - 10.01% - Started later and pays quarterly for some loans, so real results will be above 12%.
SS - 12.31% - The website is the easiest to handle, but missing some functionality.
MT - 12.00% - My first favourite, until I realized that there is no way to see who is in arrears, unless I export data.
Mintos - 16.57% (above 20% in GBP) - Auto invest, most of the loans are guaranteed. Some loans are very high rate (and risk).
Twino - 12.75% (19% in GBP) - Auto invest, most of the loans are guaranteed.
Collateral - 8.85% - Started a month ago, it will be above 12%. Small platform, but easy to invest.
The bad
AC - 9.5% - Too small interest for the risk, but luckily only one bad debt. I keep it for diversification, but only with a minimal investment.
FC - 3.6% - Too small interest for the risk. I got many bad debts. Maybe I was unlucky. I withdrawn what I could. With recoveries it can go above 5%.
The ugly
RebS - (-14%) - Only losses and promises. Maybe on the long run it will turn into positive with the recoveries. Avoid at all cost.
