bramhall17
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Post by bramhall17 on Mar 14, 2017 11:14:31 GMT
Hope it's ok to post this link, good background on P2P Global ..... and why it's struggling atm. Do your own research, but personally as an investment I wouldn't touch them with a barge pole right now, especially if you're new to this sort of investing. There are ways to achieve yields of 7% in an ISA with way less risk imho, but none of them are in the P2P sector. citywire.co.uk/money/investors-sneeze-at-p2p-trust-s-seasoning/a990653Thanks - to be honest I don't care where my money is - so long as it is making some, it was only when interest rates plummeted I started looking elsewhere. 7% in a tax free ISA sounds fine to me - I am not sure if you are allowed to tell me more about where to look.
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bramhall17
Member of DD Central
Posts: 88
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Post by bramhall17 on Mar 14, 2017 11:19:06 GMT
I think you should be interested in where your money is given capital preservation is the first order of business!
Depending on the level of funds you have available and wish to allocate to P2P, I would suggest a portfolio approach to cover at least 2 and up to 6 platforms. I would suggest from an asset allocation viewpoint it might be desirable to participate in the SME/Property sectors (eg. FC /SS/MT/AC/FS etc) and also the Retail lending sector (eg.Ratesetter/Zopa/Lending Works etc ) That way you have some diversification across platforms (@ risk.v. reward profiles),sectors and business models within the overall P2P market. You also have to decide whether you have other routes for your ISA allowances or if you wish to utilise it in the P2P arena -- albeit it a limited field at present.
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quidco
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Post by quidco on Mar 15, 2017 13:59:33 GMT
P2P Global Investments This is a bog standard investment trust and qualifies for a standard ISA. They invest in P2P loans all over the world and target a 6% dividend. They also invest a small amount in shares of P2P platforms. The fund has paid dividends regularly but since they have not gone through any "bad times" and proved themselves their shares sell at 20% discount. I plan to divert some SS money into this trust within this years ISA allowance. The 20% discount to the loan book seems fairly good value. I would be wary of P2P global Investments as the dividends have not reached the targets they promised and are pretty average given it's supposed to be all about income. They've launched a campaign of buying back their own shares (with cash that could be used to buy loans) yet the share price has not recovered which shows I suspect that institutions are not buying them. A better fund I've found is Ranger Direct Lending (RDL) who pay a good dividend and have had some share price appreciation as well.
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