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Post by coolrunning on Aug 25, 2017 9:16:03 GMT
On one of my accounts on the stats page I have this: Net return 488006.52% Now I know Bondora does have a habit of being excessively optimistic in the way they calculate returns, but this is remarkable even by their standards !  |
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Post by rahafoorum on Aug 25, 2017 13:30:12 GMT
Or maybe you're just really really good?
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Post by coolrunning on Aug 25, 2017 15:24:03 GMT
Or maybe you're just really really good? well, you are right, I am really good. I could account for 10% of that, but it still leaves 487996.52% for Bondora's creative accounting.
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317 
Likes: 893
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Post by JamesFrance on Aug 26, 2017 6:38:42 GMT
Have you noticed how their 'expected return' figures for auto invest keep changing?
Today for conservative it shows 8.51 to 16.51 whereas recently it only showed the lower figure.
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Post by moneymakingmoney on Aug 30, 2017 15:52:52 GMT
Have you noticed how their 'expected return' figures for auto invest keep changing? Today for conservative it shows 8.51 to 16.51 whereas recently it only showed the lower figure. I think bondora is losing a lot of its investors to other platforms such as mintos. Now they're trying to portrait their platform in a better light. I wonder how the returns are while taking into account the defaulted loans (remaining principal) taking into account that a lot of defaulted loans don't or barely show returns.
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Post by coolrunning on Sept 2, 2017 12:59:05 GMT
Now only 418313.5% I should at least explain that this is an account (quite new) where I put my defaults. So Bondora, applying their optimistic rules on what they believe defaults are worth, are just applying this logic to my 'gains' on these defaults which I bought cheaply.  |
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Post by rahafoorum on Sept 2, 2017 15:55:03 GMT
Now only 418313.5% I should at least explain that this is an account (quite new) where I put my defaults. So Bondora, applying their optimistic rules on what they believe defaults are worth, are just applying this logic to my 'gains' on these defaults which I bought cheaply. Offer to sell those loans to Bondora at their valuations 
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