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Post by davidtaske on Mar 8, 2017 10:52:56 GMT
Thank you ever so much to forum members who took the time to respond to my very first post on here. It's nice to get so much engagement. There are lots of points about return of capital, diversification and risk vs return. Are people able to be more specific please?
1.As an aggregator, diversification means the number of platforms we'd invest across. How many should it be as a minimum?
2. What about the level of yield? What rate of return would make an aggregated play interesting?
3. What length of time are people looking to invest for?
4. Do people want income paid out as it accrues, or would they prefer us to keep reinvesting in new loans?
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Post by wiseclerk on Mar 8, 2017 11:22:13 GMT
1. If the offer is good I don't care. Also consider that some UK platforms don't accept non-residents - if I can sign up with you (and do KYC and AML once) and then use them that would be a benefit
2. Around 5-8% after fees and defaults
3. 2 years+
4. reinvest but give the option to stop reinvesting and withdraw cash
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pom
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Post by pom on Mar 8, 2017 12:10:53 GMT
1. Given my existing diversification that will partly depend on if we know who your partners are or not...and if you have an IFISA. Personally I'd probably say absolute minimum of 10 - if you were doing it for me I'd prefer you to be picking and choosing loans rather than investing in everything a platform offers. Then again not entirely sure I want you competing against me for allocations either  2. I'm with @new2p2p .. 8+ Not least as anyone can invest in the easy/safer platforms - if I were paying for you I'd want you to be earning it 3. A good mix of loan terms for flexibility - I don't mind a few short term loans, but not if it means money ends up sitting idle all the time. Max 5yrs I guess. 4. Flexibility to choose and alter at any time as our needs change. |
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SteveT
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Post by SteveT on Mar 8, 2017 12:15:49 GMT
Unless you're going to provide access to platforms I cannot use directly (eg. those closed to retail lenders or with a very high minimum bid), I suspect I'd only be considering you for the IFISA wrapper for platforms that choose not to offer an IFISA themselves. On that basis:
1. Probably 2 or 3 at least, ideally more, but it's really about WHICH ones. If it's just 1 or 2 but they're big platforms (that are not offering an IFISA direct) then I might still bite.
2. The fees proposed on your website of 0.85%pa are steep (IMO) if that's just for the IFISA wrapper, and would certainly dictate against loans at an underlying rate below 6-7% IMO
3. 6 - 60 months, depending on type of loan
4. Reinvesting in new loans (again assuming it's an IFISA account)
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pom
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Post by pom on Mar 8, 2017 13:13:29 GMT
Four replies and there's a split on the way q.3 is being interpreted, I think? I took it as meaning length of time I, as a lender, might anticipate being engaged with LendingWell rather than individual loan length (which I don't give a rat's rear-end about if the loan flow ensures high levels of fund deployment). You might if future exit were dependent on waiting for loans to end...
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adrianc
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Post by adrianc on Mar 8, 2017 14:02:01 GMT
Thank you ever so much to forum members who took the time to respond to my very first post on here. It's nice to get so much engagement. There are lots of points about return of capital, diversification and risk vs return. Are people able to be more specific please? 1.As an aggregator, diversification means the number of platforms we'd invest across. How many should it be as a minimum? There's two answers to that... a. As an aggregator, DD and decisions are your choice. I'm handing them over to you. Earn my trust by getting it right. b. ALL the good ones, none of the bad ones. What risk are you offering? BM's 7% headline is popular. How good's your SM? Give me the choice.
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Post by Deleted on Mar 8, 2017 14:05:13 GMT
1.As an aggregator, diversification means the number of platforms we'd invest across. How many should it be as a minimum? 5
2. What about the level of yield? What rate of return would make an aggregated play interesting? 10% after losses and costs including your management fees.
3. What length of time are people looking to invest for? 6 monthly or at least able to release 6 monthly
4. Do people want income paid out as it accrues, or would they prefer us to keep reinvesting in new loans? Indifferent
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Mar 8, 2017 14:48:45 GMT
1.As an aggregator, diversification means the number of platforms we'd invest across. How many should it be as a minimum?
As many as possible, but only those that hold good security.
2. What about the level of yield? What rate of return would make an aggregated play interesting?
Depend on what security is being used. Personal strategy is to aim for for >10% and hope for nothing less than 8% (I'll be honest, an aggregator platform is probably not going to be me because I like to do my own DD and look after my own investments.)
3. What length of time are people looking to invest for?
6-12 Months
4. Do people want income paid out as it accrues, or would they prefer us to keep reinvesting in new loans?
As interest is paid, I will likely recycle it in the platform. However, I'd rather have the option
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Post by brianac on Mar 9, 2017 10:09:28 GMT
Had a quick look at your website, I would probably be interested, especially with the IFISA angle, but you seem to be aimed at IFA's rather than "independant" investors?
Brian
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