jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 10, 2016 14:39:48 GMT
We're swimming with the sharks here boys
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 10, 2016 12:35:58 GMT
Just sold some 60, 103, 104 - unsurprisingly took a few seconds.
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 10, 2016 10:58:42 GMT
Price on asking Exit is given as: "Refinance of the marina onto a longer term mortgage or repayment through forward boat sales." Below average investment for me in this one, given the second charge and 80% LTV 90 day overall. WIll keep an eye out...
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 9, 2016 15:22:33 GMT
Seems I got the last £50 ^^;
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 9, 2016 12:38:11 GMT
Browsing this sub forum it appears that Funding Empire could well be a good home for some of my pennies - on the registration page it has a space for "promotional code". Thought I'd ask around here if anyone has one, or if @fundingempire could let me have one ^_~
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 9, 2016 12:31:24 GMT
Sub £1m so bottom up allocation
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 9, 2016 12:14:56 GMT
Great to see our pennies being used to keep the wheels of the UK economy turning
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 8, 2016 10:07:33 GMT
I got my ducks mixed up and out of order, accidentally invested in D***** again !
Very helpful customer service to sort I must say and await the new loan with interest.
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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FundingSecure (FS) in Administration
Defaulted loans
Jun 8, 2016 9:40:20 GMT
Post by jimbob on Jun 8, 2016 9:40:20 GMT
Tic Toc - default notice for a Hublot watch.
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 7, 2016 23:15:28 GMT
Worried ? I was able to sell out of a loan <i>after</i> it defaulted ! Delighted more like I've reviewed my holdings, and topped up. With respect I'm struggling to understand your logic here. What I mean is you have a platform that has performed brilliantly for 2 or 3 years and then suddenly there is a quite large default with a lot of uncertainty about the outcome of that and that prompts you to invest more? No offence intended,this is a lighthearted post, but your thinking does puzzle me slightly. That said,I was on the secondary market today out of interest and I noted that somebody bought £8,000 in PBL20. I thought that very strange. I guess it all goes to show how different we are and how different our risk appetite is. I can't sell out of distressed loans on any other platform, indeed there are often "30 day rules" from the due date. So I'm glad SavingStream offers the flexibility to sell what and so forth you like. I'm keeping my eye on some other loans, and not just PBL20 mind but the very decent secondary market liquidity is a good sign in my eyes - and quite alot of stuff came up which allowed me to further diversify than I was already.
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 7, 2016 22:33:14 GMT
Worried ? I was able to sell out of a loan <i>after</i> it defaulted ! Delighted more like I've reviewed my holdings, and topped up.
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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FundingSecure (FS) in Administration
New Loans (FS)
Jun 7, 2016 16:28:40 GMT
Post by jimbob on Jun 7, 2016 16:28:40 GMT
£5k just put in. As an first tranche lender at least the extra financing is being found for the borrower, but I think I might well know one of the smaller investors in this loan judging by the usernames... will have to have a quiet word
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 7, 2016 14:47:00 GMT
Can we perhaps read a partial recovery from that ? (So far)
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 7, 2016 12:04:10 GMT
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jimbob
Member of DD Central
Posts: 317
Likes: 74
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Post by jimbob on Jun 7, 2016 11:32:32 GMT
If the loan defaults will we have to go digging around for buyers ?
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