btc
Member of DD Central
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Post by btc on Aug 28, 2017 16:42:13 GMT
Trying to reduce exposure to fundingsecure but they hold (not physically) your money for years and then do a poor job of recovering your money after they take their cut of your money. They have gone dark for over a month on this forum. Maybe fundingsecure needs a Paul64 So they are logging on but choosing not to post.
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hazellend
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Post by hazellend on Sept 4, 2017 12:00:12 GMT
Difficult to reduce with all that lovely p2p income coming in every month. I usually want to reinvest it immediately.
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jonah
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Post by jonah on Sept 4, 2017 20:09:18 GMT
Difficult to reduce with all that lovely p2p income coming in every month. I usually want to reinvest it immediately. This is why I think p2p works for some people... they can 'see' their cash growing which is harder with shares and especially ACC funds. That said, my percentage of net wealth in p2p has probably flat lined in the last few months and is now dropping slightly.
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gibmike
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What is a cynic? A man who knows the price of everything and the value of nothing.
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Post by gibmike on Sept 4, 2017 21:25:57 GMT
Difficult to reduce with all that lovely p2p income coming in every month. I usually want to reinvest it immediately. This is why I think p2p works for some people... they can 'see' their cash growing which is harder with shares and especially ACC funds. That said, my percentage of net wealth in p2p has probably flat lined in the last few months and is now dropping slightly. I make a decent 4 figure return from it every month which most months I reinvest. My % has also flatlined but what I am doing is re-evaluating the return by platform and balancing this out to spread risk.
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angrysaveruk
Member of DD Central
Say No To T.D.S
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Post by angrysaveruk on Sept 4, 2017 22:30:27 GMT
This is why I think p2p works for some people... they can 'see' their cash growing which is harder with shares and especially ACC funds. That said, my percentage of net wealth in p2p has probably flat lined in the last few months and is now dropping slightly. I make a decent 4 figure return from it every month which most months I reinvest. My % has also flatlined but what I am doing is re-evaluating the return by platform and balancing this out to spread risk. I hope you can afford to gamble it.
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Post by elephantrosie on Sept 5, 2017 1:41:23 GMT
This is why I think p2p works for some people... they can 'see' their cash growing which is harder with shares and especially ACC funds. That said, my percentage of net wealth in p2p has probably flat lined in the last few months and is now dropping slightly. I make a decent 4 figure return from it every month which most months I reinvest. My % has also flatlined but what I am doing is re-evaluating the return by platform and balancing this out to spread risk. i wish i can make a four figure returns monthly from p2p too! need to learn from you.
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justme
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Post by justme on Sept 5, 2017 6:05:48 GMT
I suspect they just have more money in it - £400 000 under 10% return would give one a decent 4 figure monthly sum  |
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angrysaveruk
Member of DD Central
Say No To T.D.S
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Post by angrysaveruk on Sept 5, 2017 10:42:27 GMT
I make a decent 4 figure return from it every month which most months I reinvest. My % has also flatlined but what I am doing is re-evaluating the return by platform and balancing this out to spread risk. i wish i can make a four figure returns monthly from p2p too! need to learn from you. I you have atleast 300k to invest I can teach you how to do it. But you will have sleepless nights unless you are a multi millionaire
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hazellend
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Post by hazellend on Sept 5, 2017 11:50:12 GMT
i wish i can make a four figure returns monthly from p2p too! need to learn from you. I you have atleast 300k to invest I can teach you how to do it. But you will have sleepless nights unless you are a multi millionaire I sleep like a baby knowing that my employees/slaves (p2p investment pounds) are working 24 hours a day, 7 days a week 365 days a year making me money, while I have to do nothing other than chat with some pleasant people on a forum.
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jonah
Member of DD Central
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Post by jonah on Sept 5, 2017 17:17:23 GMT
I you have atleast 300k to invest I can teach you how to do it. But you will have sleepless nights unless you are a multi millionaire I sleep like a baby knowing that my employees/slaves (p2p investment pounds) are working 24 hours a day, 7 days a week 365 days a year making me money, while I have to do nothing other than chat with some pleasant people on a forum. I sense a MMM fan here....
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Post by dan1 on Sept 5, 2017 17:22:22 GMT
I sleep like a baby knowing that my employees/slaves (p2p investment pounds) are working 24 hours a day, 7 days a week 365 days a year making me money, while I have to do nothing other than chat with some pleasant people on a forum. I sense a MMM fan here.... Just missing a face punch
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hazellend
Member of DD Central
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Post by hazellend on Sept 5, 2017 17:33:12 GMT
I sleep like a baby knowing that my employees/slaves (p2p investment pounds) are working 24 hours a day, 7 days a week 365 days a year making me money, while I have to do nothing other than chat with some pleasant people on a forum. I sense a MMM fan here.... Correct lol
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Post by elephantrosie on Sept 5, 2017 22:39:40 GMT
where do people get 300- 400k from (honestly i often wonder how some people can be that wealthy)
i do not have that amount of cash. hopefully can build up my pot of assets and achieve financial independence at 45.
they say slow and steady win the race.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Sept 6, 2017 2:00:18 GMT
where do people get 300- 400k from (honestly i often wonder how some people can be that wealthy) i do not have that amount of cash. hopefully can build up my pot of assets and achieve financial independence at 45. they say slow and steady win the race. Several investors have this sort of money as pocket fluff elephantrosie. Look at the massive £100k per loan thay one investor dropped on each loan without due dilligence for an example. This level of playtime high risk 5% of total investments money can come from several places. Right place, right time with right product to sell a company. Lottery win. Inheritances. Family money or syndication. Using every trick in the book to grow a pot tax free or tax deferred and reinvesting the proceeds. Keep going with your pot. Minimise losses by timing sell outs correctly. You have plenty of time to grow your pot. Knowing at what age to start moving to defensive investments for your own situation is important. However, you are aiming for "financial independence by age 45" so the latter may not apply yet. S
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angrysaveruk
Member of DD Central
Say No To T.D.S
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Post by angrysaveruk on Sept 6, 2017 10:51:18 GMT
where do people get 300- 400k from (honestly i often wonder how some people can be that wealthy) i do not have that amount of cash. hopefully can build up my pot of assets and achieve financial independence at 45. they say slow and steady win the race. 300-400k is alot of money but in the bigger scheme of things it is not a huge sum in this day and age. No matter how much you earn or how much you are worth being prudent and careful with what you have is one of the secrets to living a happy life. I know people with huge sums of money and I can tell you that it certainly doesnt buy happiness, but it does give them freedom - but in reality you dont need huge sums of money to be independent/free you just have to be sensible.
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