|
|
Post by nellerdk on Jun 29, 2017 16:20:52 GMT
what is your net return, in %, on Bondora, and how long have you invested for?
|
|
|
|
Post by rahafoorum on Jun 29, 2017 18:43:42 GMT
Take a look at the stats page. It's an overly optimistic calculation method, but you'll see the trends anyway.
|
|
kulerucket
Member of DD Central
Posts: 336 
Likes: 93
|
Post by kulerucket on Jun 30, 2017 7:48:13 GMT
It's a difficult question to answer because it depend on what value you place on defaulted loans. You can: - write them off completely - gives a value too low
- use Bondora's method - too high
- use the sale value on the SM - probably too low because the market dictates that those buying expect to earn a profit
- come up with you own %recovery - will be different for each person
You can use the loan book history for assessing the default recovery rates but you still have to make assumptions about what will happen to long term loans in limbo (still in default but not written off). |
|
JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323
Likes: 897
|
Post by JamesFrance on Jun 30, 2017 7:49:56 GMT
I have invested at Bondora for 4 years, but no new loans since early last year.
Bondora says my return is 17.5%, however this figure is reducing every month as the missed repayment amount is increasing rapidly now, although this is still only a third of the total for defaulted loans.
In a year from now I expect to have withdrawn all my invested money, so whatever is repaid after then will be a genuine return.
Unfortunately this does not take into account the tax payments I have had to make!
|
|
|
|
Post by wiseclerk on Jun 30, 2017 9:04:37 GMT
|
|
|
|
Post by nellerdk on Jun 30, 2017 11:08:13 GMT
it seems to be a significant drawback of Bondora, compared to e.g. Mintos, that you can not choose loan duration. Am I wrong about this?
|
|
|
|
Post by wiseclerk on Jun 30, 2017 14:01:04 GMT
Only if you use the API (or tools that use the API)
|
|
|
|
Post by coolrunning on Jul 8, 2017 10:30:02 GMT
XIRR 10.89 - 3 years
To get that takes a lot of work. I do not use PM
|
|
|
|
Post by nellerdk on Jul 8, 2017 11:18:50 GMT
XIRR 10.89 - 3 years To get that takes a lot of work. I do not use PM do you own loans rated lower than C?
|
|
|
|
Post by coolrunning on Jul 8, 2017 11:28:38 GMT
XIRR 10.89 - 3 years To get that takes a lot of work. I do not use PM do you own loans rated lower than C? * 4 AA 5 A 19 B 114 C 507 D 738 E 286 F 83 HR 133 My strategy has varied a lot. I did use PM in the past.
|
|
jo
Member of DD Central
dead
Posts: 741
Likes: 498
|
Post by jo on Aug 24, 2017 11:32:11 GMT
Well almost 4 years to the day, I'm finally out of everything on this platform - zero outstanding loans and all monies withdrawn.
Final result is an XIRR of 2.13% (In Eur) - meh!
Interestingly, whilst our actual closing profits in euro agree, Bondora's XIRR (Net Return) per Dashboard is some 30% higher than my figure -I I know my figure to be the correct one.
|
|
|
|
Post by rahafoorum on Aug 24, 2017 17:09:41 GMT
Well almost 4 years to the day, I'm finally out of everything on this platform - zero outstanding loans and all monies withdrawn. Final result is an XIRR of 2.13% (In Eur) - meh! Interestingly, whilst our actual closing profits in euro agree, Bondora's XIRR (Net Return) per Dashboard is some 30% higher than my figure -I I know my figure to be the correct one. Is that before or after taxes (if they apply in your case)?
|
|
jo
Member of DD Central
dead
Posts: 741
Likes: 498
|
Post by jo on Aug 24, 2017 18:47:32 GMT
Well almost 4 years to the day, I'm finally out of everything on this platform - zero outstanding loans and all monies withdrawn. Final result is an XIRR of 2.13% (In Eur) - meh! Interestingly, whilst our actual closing profits in euro agree, Bondora's XIRR (Net Return) per Dashboard is some 30% higher than my figure -I I know my figure to be the correct one. Is that before or after taxes (if they apply in your case)? Before.
|
|
|
|
Post by nellerdk on Aug 25, 2017 9:33:03 GMT
Well almost 4 years to the day, I'm finally out of everything on this platform - zero outstanding loans and all monies withdrawn. Final result is an XIRR of 2.13% (In Eur) - meh! Interestingly, whilst our actual closing profits in euro agree, Bondora's XIRR (Net Return) per Dashboard is some 30% higher than my figure -I I know my figure to be the correct one. that is quite bad, but at least you got out without losing money. 
|
|
|
|
Post by bondorakairi on Aug 25, 2017 10:12:42 GMT
it seems to be a significant drawback of Bondora, compared to e.g. Mintos, that you can not choose loan duration. Am I wrong about this? Bondora recently introduced a new product called Portfolio Pro which enables to choose loan durations now as well among other criteria. Please read more from our Support page on following link - support.bondora.com/hc/en-us/articles/115004218909-What-is-Portfolio-Pro-.
|
|
