lobster
Member of DD Central
Posts: 636
Likes: 467
|
Lendy (L) in Administration
Gut feeling
Jun 14, 2016 17:51:23 GMT
warn likes this
Post by lobster on Jun 14, 2016 17:51:23 GMT
Well it's well known that you can never get two economists to agree..... which raises the question .... what's the point in economists ?
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on Jun 14, 2016 17:47:47 GMT
Right , so are these loans actually going live today or not ? It's now 6.45pm here in the UK, so presumably not ?? Or do SS sometimes release loans very late in the day ?? If SS are now planning NOT to release the loans today, then some sort of communication would be very nice indeed, thankyou very much SS
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on Jun 14, 2016 16:26:16 GMT
Yup - Betfair are a good guide imo (better than any of the polls). They have taken about £30 million on this so far.
They reckon there's a 60% chance of REMAIN and therefore a 40% chance of LEAVE (ie Brexit)
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Lendy (L) in Administration
Gut feeling
Jun 13, 2016 9:40:13 GMT
Post by lobster on Jun 13, 2016 9:40:13 GMT
Disagree re "gut feelings".
It's very easy to remember past events where one's "gut feeling" has indeed been correct, but so often we simply forget or "move on" when our gut feeling is wrong.
So often after such-and-such an event we say "yeah , I had a gut feeling that was going to happen". But how often do we say "You know, I had a gut feeling that event xyz would happen, but in fact it never did" ?
If we have a genuine fact or evidence based opinion on something, then we should act on it accordingly, but acting purely on "gut feeling" is just guessing, even if it doesn't feel like it.
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Lendy (L) in Administration
Valuations
Jun 10, 2016 21:52:15 GMT
Post by lobster on Jun 10, 2016 21:52:15 GMT
However, it does depend upon WHEN the purchase was made, and how average prices of similar properties have fared between the purchase date and the valuation date. There are probably other things to consider too, but it's getting late and I've just downed my 3rd can of beer
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on Jun 10, 2016 10:24:14 GMT
Yeah, I think that 40k came on pretty much all at once, so probably a single seller. Down to under 15k now. My guess is back to zero in another hour - we'll see
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on Jun 8, 2016 21:56:38 GMT
Excuse me if I'm being thick here, but I just can't get my head around what's going on with this loan.
It has been repaid today according to AC , but investors have not yet been paid out. OK fair enough - understood.
Also the loan is being refinanced for a further 12 months. OK understood too, I think.
I just don't understand why there is over 600k on the SM all of a sudden ?? Are investors suddenly wanting to sell their holdings just before AC distribute the repayment ?? If so, why ?? Or will the 600k disappear once AC have distributed the repayment ?? More importantly I'm very tempted to buy a chunk , but given that I'm almost certainly missing something, I'll hold back, at least until I get to grips with what's actually going on here.
Also the loan is currently showing as 0% interest, but I assume that's just an platform glitch.
Any guidance, (preferably in simple English !) gratefully received. Thanks.
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on May 31, 2016 12:22:19 GMT
And anyone concerned should immediately put their slices for sale and they will eventually sell, give it a week or so. Well there is over £ 68,000 on sale right now, and so far today the sales amount to precisely £66.04 . That's a long "week" your're talking about
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on May 27, 2016 13:42:03 GMT
Fair enough - my graphics on chrome (or my monitor settings) only show a tiny bit of the "red default" banner - you can't tell what it is.
13k for sale now - any takers ?? ha ha ha ha ha !!!!!
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on May 27, 2016 13:37:13 GMT
My guess is that those folks snapping it up on the SM don't know that it has defaulted.
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on May 26, 2016 10:55:03 GMT
Apologies in advance if I'm being a bit thick here, but I don't understand why various people are talking about queuing funds for the QAA As far as I can see on my dashboard , the only QAA limit is a personal one for £100,000 per investor. There used to be a fund size limit of £15,000,000 but that seems to have gone now ?? No limit on 30 day account either. So why is anyone queuing for the QAA - shouldn't investments be taken up immediately ?? I'm obviously missing something here , and would be grateful if someone could explain - thanks. *** EDIT - Ah it looks like there IS a limit - 20m for QAA and 30DAA combined . Doesn't say that on the dashboard though ?? ***
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on May 19, 2016 10:12:10 GMT
Ok - I confess !! I sussed it about 0.5 milliseconds after I clicked on "create post" ?? Rather hoping if that I deleted it quickly no-one would notice - looks like I failed
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on May 15, 2016 22:55:02 GMT
OK folks , the bewitching hour of midnight fast approaching.....
.... fingers on your buzzers please
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on Apr 30, 2016 7:54:56 GMT
Unfortunately you cannot perfectly replicate a live environment when you do your testing. We have a good approximation, but the go live script failed to deploy a couple of simple lookup functions on the live system and silently failed where it had worked perfectly on the development, staging, and mirror (clone of live) systems. I cannot run the test suite against the live site without involving real money, and as platforms aren't allowed to invest in their own loans I'm not allowed to do that unless I put my own cash into the system solely for testing purposes. These bugs are all identical in that they involve the virtual banking system looking up the name of the investment account to put into the textual description of the transaction. Using the old functions the 30 day account and the QAA clash in this lookup, so the database could return the name of either at random although in practice that randomness tends to return the most recently updated of the two records - in this case the 30 day account. There's a single line of code (replicated in 3 different functions) that needed to be changed to look up the correct account that hadn't deployed correctly to make sure it always matches the correct one of those two accounts. This has only ever affected the textual description of the transactions. I believe I have correctly deployed all the functions involved in this but again I cannot run a test suite to make sure. I'll keep an eye out on this thread for any more reports. OK Chris , thanks for this and reassuring to know that it's definitely just a "lookup issue" rather than the possibility of any actual funds being incorrectly handled. On a personal note I certainly wasn't expecting a reply from you at 08:30 on a Saturday morning !!? Seriosuly impressive - I have no idea how many hours per week you work, but it's not 37.5 , thats for sure !
|
|
lobster
Member of DD Central
Posts: 636
Likes: 467
|
Post by lobster on Apr 30, 2016 7:17:46 GMT
A slightly different funny: I just moved £100 from Cash Account to MLIA, which has succeeded. However, looking in the transaction log, it say £100 has gone into 30 Day account (7), even though it has actually gone into MLIA - I assume it really means QAA ... Dermot Very similar problem for me too. My MLIA statement has the following entry , timestamped at 17:11 on 29th April "Investment into 30 Day Access Account" £ -1,944.35 I'm not even sure what this is supposed to say, but I have certainly not invested in the new 30 day account, and I have checked that my balance in the 30 day account is zero. I like AC but have to say that this sort of thing happening repeatedly on a live platform causes me to lose confidence. There have clearly been a few glitches with the implementation of this new account. This sort of implementation simply has to be thoroughly checked out in a test environment prior to release. I know this takes time, and if this results in a delay for the new account to go live , then so be it. That's a helluva lot better than their clients starting to doubt the integrity of the platform.
|
|