sd2
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Post by sd2 on Apr 9, 2020 15:26:34 GMT
I WANT MY MONEY BACK!! to put into stockmarket. Investment trusts with decent revenue reserves waiting to be had with 7 percent dividends Bought perpetual and income on an 8% dividend up 10% on share price. Just checked 15.82% up Is this a serious post?? 🙄 Sod that! Can't spend it in the pub might as well buy some shared
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sd2
Member of DD Central
Posts: 621
Likes: 224
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Post by sd2 on Apr 9, 2020 15:30:56 GMT
I WANT MY MONEY BACK!! to put into stockmarket. Investment trusts with decent revenue reserves waiting to be had with 7 percent dividends Bought perpetual and income on an 8% dividend up 10% on share price. Just checked 15.82% up You may find some of those dividends are not quite so generous in the near future... You mean if the dividend reserve runs out? it is an investment trust. I am capable of living with the risk. The long term that counts. One day everything will be back to normal. I am guessing 2 years. An 8% dividend will be okay with me.
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Post by amandadee on Apr 9, 2020 15:39:36 GMT
Access 11/3/20 10.30am (ish) ref 373051. Now refunded into holding Accs as of 15.20 Accss 11/3/20 urgh 11am-1pm (ish) ref 373071 & 373077 - not seen anything come through yet so they are stuck somewhere between yours (373051) and mine (373071)
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Post by David B on Apr 9, 2020 15:45:19 GMT
So I calculate there are roughly 23,320 requests in the pipeline (373051 11/03/20 14.20 to 396371 today 14.20)
I'm really pleased with relative transparency of Ratesetter compared to others and people will remember this. I'm sure they will be around for many years to come.
Just wish the government would have bought all the loans for sale in the peer to peer market as they will be propping up business anyway. Keeping confidence in peer to peer would actually save them a lot of money by continuing to attract public funds.
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sd2
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Post by sd2 on Apr 9, 2020 15:54:43 GMT
I WANT MY MONEY BACK!! to put into stockmarket. Investment trusts with decent revenue reserves waiting to be had with 7 percent dividends Bought perpetual and income on an 8% dividend up 10% on share price. Just checked 15.82% up . In time, when the market carries on tanking for the next 12 months, you might come to be glad that you weren't able to go all-in at this point! [Or not. I have no idea. Neither do you.] Of course I have no idea. Of course it may "tank" and it may not. FACT I bought cheap if they go cheaper I don't care. It will one day return to normal. I am working on the basis of 18 months/2 years. If I am getting an 8% dividend then I will be happy. I will be 65 then. At the moment I am up 19% including all cost (spread included) on Perpetual income and growth. I could of course of waited and to see if it goes down further and then find out I should have bought when I did. Do you intend on investing in the stockmarket?
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jlend
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Post by jlend on Apr 9, 2020 15:56:29 GMT
So I calculate there are roughly 23,320 requests in the pipeline (373051 11/03/20 14.20 to 396371 today 14.20) Doesnt tell us much. Some of us may have queued over 1000 separate releases so we can choose to cancel a few later if we want to... And many releases have already been cancelled as RS have confirmed. All we know is over 90% of lenders are continuing to invest and there is a queue they are working there way through.
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Post by David B on Apr 9, 2020 15:59:22 GMT
So I calculate there are roughly 23,320 requests in the pipeline (373051 11/03/20 14.20 to 396371 today 14.20) Doesnt tell us much. Some of us may have queued over 1000 separate releases so we can choose to cancel a few later if we want to... And many releases have already been cancelled as RS have confirmed. All we know is over 90% of lenders are continuing to invest and there is a queue they are working there way through.
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Post by David B on Apr 9, 2020 16:00:23 GMT
So I calculate there are roughly 23,320 requests in the pipeline (373051 11/03/20 14.20 to 396371 today 14.20) Doesnt tell us much. Some of us may have queued over 1000 separate releases so we can choose to cancel a few later if we want to... And many releases have already been cancelled as RS have confirmed. All we know is over 90% of lenders are continuing to invest and there is a queue they are working there way through. I agree it doesn't tell us much at this moment but as the days pass it will come clear to people when their number is getting close.
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ceejay
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Post by ceejay on Apr 9, 2020 16:00:38 GMT
. In time, when the market carries on tanking for the next 12 months, you might come to be glad that you weren't able to go all-in at this point! [Or not. I have no idea. Neither do you.] Of course I have no idea. Of course it may "tank" and it may not. FACT I bought cheap if they go cheaper I don't care. It will one day return to normal. I am working on the basis of 18 months/2 years. If I am getting an 8% dividend then I will be happy. I will be 65 then. At the moment I am up 19% including all cost (spread included) on Perpetual income and growth. I could of course of waited and to see if it goes down further and then find out I should have bought when I did. Do you intend on investing in the stockmarket? I do intend to make some modest speculation into the stock market, yes, though I think you're being somewhat optimistic if you expect a return to previous valuations within 18-24 months. It could very easily be a lot longer than that, depending on how deep a depression we are digging for ourselves. Your 8% dividend yield may also be optimistic - in case you hadn't noticed, they're being slashed as we speak.
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sd2
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Post by sd2 on Apr 9, 2020 16:11:23 GMT
Of course I have no idea. Of course it may "tank" and it may not. FACT I bought cheap if they go cheaper I don't care. It will one day return to normal. I am working on the basis of 18 months/2 years. If I am getting an 8% dividend then I will be happy. I will be 65 then. At the moment I am up 19% including all cost (spread included) on Perpetual income and growth. I could of course of waited and to see if it goes down further and then find out I should have bought when I did. Do you intend on investing in the stockmarket? I do intend to make some modest speculation into the stock market, yes, though I think you're being somewhat optimistic if you expect a return to previous valuations within 18-24 months. It could very easily be a lot longer than that, depending on how deep a depression we are digging for ourselves. Your 8% dividend yield may also be optimistic - in case you hadn't noticed, they're being slashed as we speak. What investment trusts are slashing there dividends? Not read that. Has someone stolen there reserves?! When do you expect interest rates to rise? Even with lower dividends the share prices could go back to pre coronavirus. If the options are savings accounts or the now much riskier than we thought P2P.
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Post by RateSetter on Apr 9, 2020 16:18:27 GMT
Good afternoon all. Today we have delivered £1.3m, with the total delivered since the start of the outbreak standing at £18.5m. The full updated Notice is below.
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sd2
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Post by sd2 on Apr 9, 2020 16:19:15 GMT
I WANT MY MONEY BACK!! to put into stockmarket. Investment trusts with decent revenue reserves waiting to be had with 7 percent dividends Bought perpetual and income on an 8% dividend up 10% on share price. Just checked 15.82% up Don't see what the problem is. All of your money in RS is available to you, more or less instantly. It's the stuff in your Holding Account. Oh, you meant the rest of it? Um ... that's not money, it's illiquid securities that not enough people want to buy right now. In time, when the market carries on tanking for the next 12 months, you might come to be glad that you weren't able to go all-in at this point! [Or not. I have no idea. Neither do you.] Of course I have no idea. If you leave it long enough though you may just be as sorry. Up 19%. Sacking the manager may have given the share price a boost
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Post by Badly Drawn Stickman on Apr 9, 2020 16:37:41 GMT
So I calculate there are roughly 23,320 requests in the pipeline (373051 11/03/20 14.20 to 396371 today 14.20) Doesnt tell us much. Some of us may have queued over 1000 separate releases so we can choose to cancel a few later if we want to... And many releases have already been cancelled as RS have confirmed. All we know is over 90% of lenders are continuing to invest and there is a queue they are working there way through. I now know there is enough loan requests to fill the seating capacity at the Oval cricket ground.
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sd2
Member of DD Central
Posts: 621
Likes: 224
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Post by sd2 on Apr 9, 2020 18:27:56 GMT
Hi All, I have been looking through some of the borrower details on a few of my loans in access. One in particular has very low APR of 2.1% on 20k! At this rate a borrower could reinvest the funds on the plaform and thus make a profit without needing original capital. Am I just naive or is this acceptable practice and thus a frequent occurrence? Or could it be a case of mates rates! Seriously? Mates rates?
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Post by c4dds on Apr 9, 2020 19:02:02 GMT
Anybody notice any of your ryi requests dissappear?
I noticed my request to withdraw all from the 1yr market isn't shown in the new 'investments waiting to be released section' this was requested on the 17th.
Luckily I've a screenshot I took day after, showing all funds requested are pending in the withdrawal section. When i go to the withdrawal section now this withdrawal request has dissappeared. Ive emailed ratesetter, but obviously theyre closed now for 4 days. I dont know wether to request the money again but worry i will be pushed back to the end of the queue.
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