|
Post by beeje13 on Oct 23, 2017 18:47:26 GMT
My Chinese funds are some of my best performers over the last couple of months.
I used the First State fund, but I've discovered that the Baillie Gifford fund has performed better. Number 1 ranked fund over 6 months, 1 year, 3 years. Averaging 5% outperformance of the index annually over 5 years.
|
|
|
Post by beeje13 on Oct 20, 2017 15:19:22 GMT
Yes, agree, the wording of the email I got is slightly misleading, describing it as a new loan for today.
|
|
|
Post by beeje13 on Oct 20, 2017 9:46:55 GMT
Makes you wonder if Unbolted would have been in a position to offer this loan 3 months ago?
Built up the lenders first so they can then be sure of funding these large loans?
|
|
|
Post by beeje13 on Oct 20, 2017 9:37:56 GMT
Do you have one of the more cautious investment options? 10% seems a tad low for the past year, most major indexes have beaten that (notably Japan didn't). No i have a high risk 80/20 ish split portfolio. Ive been drip feeding throughout the year though so my return isnt indicative of the pure increase in the asset in a year. Which is why Im dtill happy with the return figures 👍 Ah, I get you, I do the same with drip feeding/pound-cost averaging.
|
|
|
Post by beeje13 on Oct 20, 2017 6:41:31 GMT
And they've done that without having to ditch the provision fund and loss-sharing mechanism?
Great if so.
|
|
|
Post by beeje13 on Oct 20, 2017 6:39:32 GMT
I have a small pot with moneyfarm managed (20k) free. I checked with them and they will continue to honour these offers. I'm actually really pleased with the performance of the portfolio they've built, over the last 12 months it's achieved 10%+ after fees. With the first 20k managed free I have some scope to keep investing until the fees equal the Vanguard fees (I also hold a basic portfolio on the new Vanguard investor platform from some old cash ISA's I transfered). I'm really impressed with their customer support and in comparison to Nutmeg and other robo investors their fee's remain relatively low. Do you have one of the more cautious investment options? 10% seems a tad low for the past year, most major indexes have beaten that (notably Japan didn't).
|
|
|
Post by beeje13 on Oct 18, 2017 17:56:42 GMT
Moneyfarm fees don't include the cost if the underlying etfs!
Very expensive for what it is.
If you don't want to spend time on research to choose your own separate funds, just get something like Vanguard LifeStrategy or Blackrock Consensus.
|
|
|
Post by beeje13 on Oct 16, 2017 20:34:56 GMT
No, I got my £100 on £1k in July.
|
|
|
Post by beeje13 on Oct 16, 2017 19:33:40 GMT
Depends on your circumstances.
I don't have to declare anything on a tax return so that's one less hassle - I intend to keep it that way by not exceeding the £1000 PSA and use ISA/pension wrappers. And £72 for example can be more than a days wage for many.
It's nice to know that your money is working for you in the background, hopefully keeping pace with inflation or better.
|
|
|
Post by beeje13 on Oct 14, 2017 20:23:16 GMT
At some point I had about 40 of them. It is very easy to set SO and forget about it for a long time. But I'm tired of dealing with DD's. Quickly run out of them and started donating to charities, which is a good thing, but it makes your already very small returns even lower. I haven't given up on this yet, but already closed one of my Santander 123 and can't be asked to go for M&S offer (they want something like 4 DD's to be set up and paying with another bank before you switch to Marks&Sparks). What you get in return is not really 5%. Drip feeding and charity requirements cut it down to about 2.5%. Don't know why they love direct debits so much, is there some financial gain in paying them out?You'r guess is as good as mine, always baffled me as well, i think you may have set some kind of record there.. 40. They don't want to make it too easy for us lot to just park up cash earning interest - a lot more people would do it. Chances are if you have direct debits with the account you are engaging with the bank more and potentially buy other products/services with them. There used to be some savings accounts that you could fund with direct debits, I'm not sure if they still exist, and they may not offer competitive rates. I have a TSB current account and that needs £500 month funding and 2 active direct debits, and a Tesco Current account which has no requirements at all (not the case for new customers niw though).
|
|
|
Post by beeje13 on Oct 12, 2017 17:35:38 GMT
|
|
|
Post by beeje13 on Oct 12, 2017 17:28:14 GMT
They have FCS protection... Should be fine.
I got 1.85% for just a 12 month fix a couple of months ago. It's with Paragon Bank.
|
|
|
Post by beeje13 on Oct 6, 2017 18:11:14 GMT
Still good options at the lower risk, lower return end though. I'd be interested to know which providers/products you're thinking of. I'm looking for something at the lowest end of P2P risk, with easy/quick access to money when required. I already have a little in RS Rolling but wondered who else might tick these boxes? I have a good amount of cash in high interest current accounts and regular savers too. Thanks in advance, Andy.T LendingWorks has just increased its 5 year rate to 5.5%. I have my ISA with them. Prime borrowers, provision fund AND insurance. Landbay is easier to get your money invested quickly than it used to be. Just above 3% interest though. If Growth Street sort their lender/borrower imbalance then that's worth considering. If (or when) the rate drops to 5% it's still competitive because the risk is low. Assetz capital 5.5% property secured account houses their lowest risk loans.
|
|
|
Post by beeje13 on Oct 4, 2017 12:03:21 GMT
I can appreciate the problems that investors with larger amounts might have.
However I personally would rather Unbolted have the odd quiet week than start lowering standards and offering poorer quality loan opportunities just to increase origination volume.
I'm positive that they are continuously looking at ways to grow business healthily.
|
|
|
Post by beeje13 on Oct 4, 2017 11:47:58 GMT
This lack of opportunity to invest in their own in their own society is a real trigger. In some countries those men/women may migrate (see Italians/Greeks/Portgeuse/Romanians) etc within Europe Doesn’t that merely replicate and exacerbate the problem in those countries which receive the migrants? Otherwise, I entirely agree with your thoughts. And brain drain from the countries that people are emigrating from...
|
|