pom
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Post by pom on Jun 15, 2020 21:53:34 GMT
My standard account is 100% invested, so bad luck there. My smaller isa investment is available for withdrawal or transfer, so good luck there. Does anyone know where to find the GS isa account number? The one to use on an ISA transfer form. If you log into your account and click on cash - deposit - it'll show your account name. Address is Growth St, 133 Whitechapel High St, London E1 7QA This was from a lot of digging around rather than them telling me but should be correct
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pom
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Post by pom on Jun 15, 2020 17:09:02 GMT
Yes, gain to date on ISA is now £0.00 Yes mine too. I graciously called them incompetent.. Now I am calling them <redacted> Hopefully when they deign to send out an email about ISAs things will become clearer....hopefully this is because ceasing accrued interest from now means Goji's gain to date code is now broken. I hope so as I just lost 364 days worth. But there is also the issue that the ISA rate was always supposed to be topped up by GS. So who knows.
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pom
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Post by pom on Jun 15, 2020 17:04:07 GMT
but I hope GS projections are accurate when they state an expected 3% default rate for this year. Also you would expect things to pick up over the course of the next year or two as things return to some form of normality. I don't know where you're quoting that from, but I'd be very surprised if it were a post-covid prediction. And yes things might improve over the next year or two but that isn't going to help business borrowers being asked to repay NOW. These were all short term loans, although some may now drag out a considerable length of time. Yes we've seen liquidity improve over the last few months but there will always be some borrowers in a better position to pay off than others, and a lot of this will have been due to GS not replacing repaid loans with new business. No wind down is ever anything like linear, make the most of what repays in the short term as we'll undoubtedly be waiting years for the dregs. And the ceasing of accrued interest suggests to me they don't expect to recover 100% of capital
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pom
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Post by pom on Jun 15, 2020 16:35:56 GMT
Does anyone know how the quartley payment returns will work? Is the money compounded or is it returned in equal amounts relative to your *original* outstanding investment? If it's compounded then return rate will dimish over time and could take a very long time to get money back. If it's in relative equal amounts, then that will take a much shorter amount of time. I can't imagine it would be compounded, I'm probably just being dumb. Example: £100 investment Assume 10% returned every quarter: 1st Payment: £10 (£90 outstanding) 2nd Payment: £9 (£81 oustanding) 3rd Payment: £8.1 (£72.9 outstanding) .... etc This looks small with these numbers, but with a large investment this has a big impact. I think you're being far too optimistic to assume any sort of consistency. Far more likely to be very irregular....with some big dollops early on and tailing off....
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pom
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Post by pom on Jun 13, 2020 10:38:18 GMT
I have several platforms where I am running down my investment in ISAs as loans repay. Octopus Choice say that a single transfer request is sufficient, they will continue to make further transfers as funds become available. Crowd Property say I must make a new transfer request each time. Does anyone know if this is something that is at the discretion of the company, or has one of them got it wrong? I suspect it's just Octopus wanting to have to avoid processing multiple transfers per person as they're effectively in wind down....as I think their only real obligation if you tick "all" is to pay out once all funds are available. My challenge at the moment is trying to decide on a cashISA I'll be happy enough to keep long enough to get it all transferred out.
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pom
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Post by pom on Jun 10, 2020 12:47:21 GMT
I've emailed them a couple of times trying to sell my shares. I assume I'm not the only one, would be happy to sell at a decent discount. No response. Doesn't fill me with confidence. Update: just spoke to Ben Grove, apparently my previous emails to both PM and UK Diversified didn't get through due to issues with their email server. Looks like I will have to sell at a discount of over 20% to compete with the discounted shares that they are selling propertymoose.co.uk/app/property/146 which I can't stomach. Hardly surprising when any share sales including the current listing are only open to current UKDPP shareholders, so demand was getting pretty saturated even pre-covid
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pom
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Post by pom on May 30, 2020 9:35:19 GMT
Time to lift restrictions for those with lower risk. Starting with women So true, Ferguson got a visit from a female friend, right? but according to GOV.UKJust double checked, there are actually more female infected Under 65s. There are more young / younger women got COVID than men (aged 20 to 39) That may well just mean that younger women are more likely to request a test than men....which is likely to be a mixture of women generally managing their health more than men do, and that there's likely a lot more female care workers and nurses than male.
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pom
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Post by pom on May 20, 2020 9:18:06 GMT
With the sudden closure of LandBay I find a need a Cash ISA pdq as for various reasons I don't want to do a transfer in to any of my other IFISAs right now (in fact I was going to do one TO my LB ISA soon). Normally I'd open one right at the end of the tax year for any unused "new money" that I'd then transfer out once the tax year flips over so convenience was more important than rate,but since I now potentially need one for several months the 0.65% Santander are offering really doesn't appeal! Looking on MSE suggests Virgin Money might be my best bet, so anyone here got any experience with them? Wondering how well they'll cope with a transfer FROM an IFISA...as a quick look only mentions transfers from cash/S&S Or anyone got any other suggestions? Want a good rate without tie-ins and no faff coming from an IFISA. Not bothered about it being flex...or maybe I should... I have a Virgin cash ISA for this same purpose - they have taken several transfers from IFISAs, just use the cash ISA option and fill the form manually. Not lightening fast but it has worked. I'm finding your comments on speed to be a bit of an understatement....it also irritates me that there is no confirmations of any of the stages. For all my previous ISA transfers both parties have automatically confirmed receipt of my transfer request...but nothing from Virgin, so I don't know if they've received my request or are waiting on the other provider. And when I do chase they claim to have forwarded my request several weeks before but when that is eventually followed up (because I chase them) it hasn't been received. As this has now happened with 2 platforms I'd consider reliable it's starting to look like a bit too much of a coincidence. Time to start planning my transfers out (especially as the rates been cut) and perhaps look around for an alternative destination for my non-flex IFISAs...
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pom
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Post by pom on May 15, 2020 9:49:44 GMT
It would be interesting to hear of personal accounts. I have knowledge of 1 unconfirmed case. 2 who refused to inform the NHS and 2 hearsay cases. In the last 3 months 16 friends neighbours and relatives died of other causes, mostly well over their sell by date (one dropping off a ladder). Medic,surgery based son has had 2 confirmed cases but 'shed' loads patients who ring in and are advised to self isolate for 2 weeks (equating to about the norm who require signing off notes in normal conditions). Anectdotal evidence is the best! I have 2 "friends" (not actually seen any of them in over a decade) both male in their late 40s. The first now lives in Essex had horrific sounding blood clot complications requiring surgery but last I heard was thought to be recovering. The second is in London and currently awaiting results from a home test (key worker) but undoubtedly has it. Has had the paramedics out but deemed not quite bad enough to admit, but is also at best is facing a slow recovery. Another who moved to the US (commutes into NYC to work) was very ill with something for a few weeks when it was at is peak but not confirmed. But people that I "know" currently? None, even tho some are key/care workers in various parts of the country...tho it undoubtedly helps that I now live in the SW, and there really isn't much of it about in the first place. Various people that think some previous ailment might have been a minor dose of it,but not entirely convinced by the timings/locations involved.
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pom
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Post by pom on Apr 17, 2020 8:25:50 GMT
my bold... think again.. when you reach 50+ your whole mortality perspective takes a totally different direction... ie... it suddenly dawns on you. You should go private if the nhs cannot support your needs, your health is the most important thing you have ... take out a loan, borrow or beg, get the money you need to get the tests/treatment you need... you will not regret it... i know .. Go private is great to be comfy. Not do great if anything goes wrong and you need a real hospital. Realise the risk you take by getting anything done in a facility that can't handle anything not going to plan. It will mean crucial minutes in a van travelling to the nearest NHS hospital and if you survive you'll wish you'd not paid to go private. Edit: yes at 30 for my test-ist-icles I can go private and then get refered to the NHS eventually JFDI - you may not think you care about whether you live as long as 50, but if its bad news and you don't get treatment started, well you might see 31, but possibly not 35. If you can risk money in p2p you can surely invest some in the peace of mind of an initial check up & tests. I've been getting screened for bowel cancer every 5 years since my mid-30s because my mum was diagnosed at 38 - admittedly testing & diagnosis was more difficult back then but if she and her GP had taken things more seriously perhaps she'd have been diagnosed years earlier, instead of a mere 6 months before she died. Fortunately my next checkup isn't for a couple of years, but if it were due now I'd be seriously considering paying.
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pom
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Post by pom on Apr 14, 2020 14:55:58 GMT
Well that rather answers the "most of these people would have died anyway" argument.
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pom
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Post by pom on Apr 14, 2020 11:31:57 GMT
So, still 10,000 fewer than 2018 Not by this time next week it won't be... (no I'm not saying it'll have necessarily caught up by then,...please no.... but it'll definitely be a LOT closer especially as the non-hospital deaths get caught up)
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pom
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Post by pom on Apr 12, 2020 10:54:51 GMT
I think that making a vaccine mandatory would be a major political mistake and would be resisted (though I have no idea by how many) -would set a huge precedent. What next, mandatory GPS tracking/contact tracing in case you're a criminal/terrorist (government/police have mentioned the desire to do this in the past) -given how long it's going to be before a vaccine is ready, will be very hard (imo) to make the case it's 'necessary', e.g. China coming out of lockdown, no vaccine; Sweden doesn't have lockdown, no vaccine; how could UK government suggest it's the only option?
I don't see this degree of lockdown be politically/socially acceptable until the point a vaccine is ready, so they'll have to model other scenarios.
I thought they had admitted that this was a mistake, and have introduced additional restrictions, albeit possibly not a full lockdown.
It does appear that the scandanavian countries are fairing better than most, which I assume is because the virus doesn't like the cold weather
Sweden in particular has a lot more single person households and the population density is generally a lot less so that will have all helped. If we do get a vaccine because it's still rampant by the time it's heading towards becoming available(the one for SARS was abandoned as it was deemed unecessary by the time they were ready to proceed - which is a shame as it could have been a starting point for this one, but $$$$ to test) then I wonder if perhaps many countries might make vaccination a pre-req for entry as per yellow fever. That'll certainly then give anti-vaxxers a bit of a dilemma...there aren't many popular tourist destinations that have a blanket requirement for YF, more usually it's only if you've recently travelled through a YF area, but I can see how many more might adopt it (or proof of immunity if anyone can ever agree on antibody tests) for CV19
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pom
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Post by pom on Apr 9, 2020 10:22:55 GMT
Re-reading it says 'four equal payments' , and so they are not changing the qualifying amount. But you can rely on nothing that is not in your cash account, or better, your bank account. Ah perhaps I should have re-read again...well fingers crossed then. Mind you the more I look at the promotions tab as to eligible funds the more confused I am as it says "eligible IFISA funds" but is quite a bit lower than what is still invested in my ISA...so must be due to NON-ISA funds also having been switched to non-reinvestment. Hey ho, should definitely have paid more attention when they switched off "invest idle funds" especially as I'd recently withdrawn some of the excess. Too much changing too quickly.
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pom
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Post by pom on Apr 9, 2020 10:06:52 GMT
I have no objection given the current climate to the idea behind this, but I do rather wonder on what basis it'll now be paid "To check the amount of funds which have qualified for the promotion, simply log into your account and look in the 'My Promotions' section of your dashboard." This is as clear as mud - we are past 6/4/20....and I already realised (on the 6th) that my eligible ISA funds (which were originally invested in the PSA & GBBA) had in fact dropped after AC switched off "invest idle funds"....and what is showing today has dropped further. So will we be paid based on 6/4 balance...or on the days AC make the payments? It'll be a cause for much rejoicing if the cash-back 1%, and the size of the investment to which it applies, is significant in the final analysis! In my case it's not likely to make much difference (and I'm relieved they are still planning to pay it, as I seem to recall there were potentially a couple of Ts & Cs loopholes that could perhaps have been used in current circumstances), but having kept it all invested all this time (until invest idle funds got switched of anyway - but my bad for not considering the implications) I'd at least like to know if I'm going to end up further penalised for not keeping it all invested now! Just want clarity so I can finish deciding what to do with my various IFISAs which is difficult if they're telling us to check our eligible funds via a tracker that's still moving.
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