moogman
Member of DD Central
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Post by moogman on Jul 16, 2017 18:13:51 GMT
I always aim to keep a small amount of cash available within my various P2P accounts (well, most of them ;-)). However, decent enough loans pop up frequently enough to drain that cash availability - 12% is my current target, so it's relatively easy to find this level of loan. I used to get "loan envy" in your exact scenario, but I prefer to give up opportunity-cost in favour of fully-invested. I suspect the return would work out about the same in the long run.
Within each P2P account, I do tend to rebalance on occasion.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 256
Likes: 160
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Post by gibmike on Jul 16, 2017 21:13:56 GMT
I agree with macq re: RIT Capital, stocks and shares are fine as long as you spread yourself across markets/countries. Back to the original post, I keep £0 available for anything juicy, I load a platform with funds and reinvest across funds in each platform. Occasionally I might need 3/4k for something and I find it easy enough to get out. Mike |
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Post by yorkshireman on Jul 17, 2017 9:40:08 GMT
I usaly have between 1-3 percent of my money in cash that doesnt need to strapped down, I have about 15 percent of my money in P2P and the rest is invested in global equity funds though HL in my ISA and lifetime ISA. because of my young age 19 nearly all profit earnings from my business was going into the recent market bull run but ive stopped injecting capital as the bull has mostly ran and market feels overvalued and a shaky brexit under way. You could say brexit risk is more focuse in p2p but I feel diversification will be sufficient enough to continue growing my p2p commitment. What was your investment strategy during the financial crisis of 2008? 
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Post by Harland Kearney on Jul 17, 2017 23:59:33 GMT
I usaly have between 1-3 percent of my money in cash that doesnt need to strapped down, I have about 15 percent of my money in P2P and the rest is invested in global equity funds though HL in my ISA and lifetime ISA. because of my young age 19 nearly all profit earnings from my business was going into the recent market bull run but ive stopped injecting capital as the bull has mostly ran and market feels overvalued and a shaky brexit under way. You could say brexit risk is more focuse in p2p but I feel diversification will be sufficient enough to continue growing my p2p commitment. What was your investment strategy during the financial crisis of 2008? I was 9 when the crash happened, about same score I was getting in maths, out of 100 ofc  . However I have the money I have invested in my lifetime ISA and ISA I plan to hold for at least a 8 year window and if I get my way all the way into retirement and beyond.
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Post by Harland Kearney on Jul 18, 2017 0:05:37 GMT
Watch the fees on the HL Multi-Manager funds though (assuming those are the managed ones you mean?). They're pretty high compared to things like ETFs which will give you broadly similar (in my opinion, not advice, etc) performance over the long term. And all other things being equal, high fees will decimate your returns. Fundsmith, Woodford, and global ETFs are most of my stock holdings atm. Also not so sure about calling 5 years long term when it comes to stocks and funds. 15, 20 maybe. Dead impressed at your investment choices for 19 years old though! I have 4 year old nephew I'm planning to ingrain all this into by the time he's old enough to save some money  yeh long term a bad choice of wording, I run my own online business and became fed up with cash isa rates, after which I found P2P and I've become surprisingly interested in money and markets something I thought I had zero care for.
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kuznec
New Member
Posts: 5
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Post by kuznec on Jul 21, 2017 21:19:05 GMT
In reserve, I hold friends who, in case of a very favorable offer, can urgently lend me a lot of money, which I advise you.
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. However I have the money I have invested in my lifetime ISA and ISA I plan to hold for at least a 8 year window and if I get my way all the way into retirement and beyond.
