ashtondav
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Post by ashtondav on Nov 2, 2020 11:06:51 GMT
My 15 years in Zopa has delivered attractive, risk adjusted returns.
FTSE100? 20% below where it was 20 years ago, excluding dividends. So if I’d spent my dividends (as I do my p2p interest) i’d Be 20% down. Au contraire, my Zopa Capital remains intact.
Give me the friggin p2p Wild West. Low volatility, decent returns.
my personal view is to have a portfolio of p2p, gold, bitcoin, equity, private equity, infrastructure, and bonds. I wouldn’t demonize any of them. They all have their place - FOR INVESTORS WHO KNOW WHAT THEY’RE DOING.
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ashtondav
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Post by ashtondav on Nov 1, 2020 8:07:30 GMT
My statement for the year to end October shows a return of 3.9% after recoveries. Im ok with that.
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ashtondav
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Post by ashtondav on Oct 31, 2020 8:23:00 GMT
If you’re running down your investment your returns will decrease because eventually you will be left with only unsellable, untradable defaults and bad payers.
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ashtondav
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Post by ashtondav on Oct 30, 2020 17:47:13 GMT
Under a normal economy buying at par is reasonable. We are nowhere NEAR operating as a normal economy.
A 4% discount seems insanely low to me. There must be few sellers and many buyers, but it doesn't make sense to me.
Or are there some very clever buyers out there who see "value! at a 4% discount.
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ashtondav
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Post by ashtondav on Oct 30, 2020 9:14:00 GMT
£15,000 invested, no withdrawals for a year and reinvesting capital and interest.
interest for October £60. For the last 4 months it’s been higher than that. That includes founder member bonus. Exclude that and it would have been c£50.
About right.
zopa is the only big platform still running business as usual. IMO it’s doing a good job.
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ashtondav
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Post by ashtondav on Oct 30, 2020 9:06:53 GMT
On what basis are people BUYING at a <5% discount?
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ashtondav
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Post by ashtondav on Oct 29, 2020 8:15:29 GMT
As long as I get my interest every month and it’s 3 or 4 times what I can get from the BS who gives a flying ferret.
i want this platform to survive and prosper so I can make some money.
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ashtondav
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Post by ashtondav on Oct 27, 2020 7:56:30 GMT
Sold £10k at 5.6 and another £10k at 5.5 today. Interesting. I’m guessing that’s not far off the costs, including adjustments, of selling on Zopa. Levels the playing field? i suspect that if the stock market crumbles in the next few weeks risk appetite will go down and discounts go up.
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ashtondav
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Post by ashtondav on Oct 19, 2020 7:35:23 GMT
Yes, this thread has turned into a way of talking up the discounts again. I do wish that Stuart would not encourage it. Fear not he is currently showing statesman like behavior on a rival platform. I look forward to the reciprocal visit, I have this image of his staff trying to break down the door and confiscate his tech. Funny you should say that. As a potential buyer I see most posts are are from sellers talking down the discounts!
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ashtondav
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Post by ashtondav on Oct 18, 2020 15:34:29 GMT
For all the variability in returns, and lowering of target average returns, of all my p2p investments (RS minimal, FC quite a lot, AC substantial, LW minimal) ZOPA alone is still operating as a business, taking on lenders and making loans. I must admit I had been in long term withdrawal from ZOPA in favour of AC. But now I’m wondering. Is the Zopa model the one that will survive best?
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ashtondav
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Post by ashtondav on Oct 17, 2020 11:37:07 GMT
Is there a link? We’re there any “gems”?
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ashtondav
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Post by ashtondav on Oct 17, 2020 6:56:06 GMT
A good point, ceejay. With a few (notable) exceptions AC are reasonable recoverers. But there are a few corkers.
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ashtondav
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Post by ashtondav on Oct 16, 2020 7:13:39 GMT
Yes, most of mine is at higher rates but I got some at 8%. My 8.5%+ bids remained unfilled.
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ashtondav
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Post by ashtondav on Oct 15, 2020 14:18:56 GMT
.... meanwhile, discount appears to be moving higher .... Jolly good. Those pesky sellers were trying to get it down below 5%. I reckon most of us buyers want it north of 8%. I’ve got quite a wedge building up between 8% and 9%.
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ashtondav
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Post by ashtondav on Oct 14, 2020 10:18:26 GMT
Didn’t get up to 8.1%.
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