m2btj
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Post by m2btj on Sept 22, 2017 11:59:10 GMT
I'm keeping a cash balance in my holding account to hoover up some attractive loans. Got a good slice of Liverpool & just missed out on a £500 plus Solihull! To coin an old Alex Ferguson phrase it's squeaky b*m time on the SM & I'm filling my boots!
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elliotn
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Post by elliotn on Sept 22, 2017 15:15:20 GMT
I'm keeping a cash balance in my holding account to hoover up some attractive loans. Got a good slice of Liverpool & just missed out on a £500 plus Solihull! To coin an old Alex Ferguson phrase it's squeaky b*m time on the SM & I'm filling my boots! 😊 When you review your purchases have a look which ones have interest paid for by the borrower (and any income cover given), which ones by the platform themselves or a few with term interest retained from the loan drawdown in case that informs your risk weightings.
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m2btj
Member of DD Central
Posts: 629
Likes: 763
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Post by m2btj on Sept 24, 2017 7:44:23 GMT
I'm keeping a cash balance in my holding account to hoover up some attractive loans. Got a good slice of Liverpool & just missed out on a £500 plus Solihull! To coin an old Alex Ferguson phrase it's squeaky b*m time on the SM & I'm filling my boots! 😊 When you review your purchases have a look which ones have interest paid for by the borrower (and any income cover given), which ones by the platform themselves or a few with term interest retained from the loan drawdown in case that informs your risk weightings. Yes, there are a few turkeys out there & it's a bit early for Christmas! Good advice! elliottm!
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treeman
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Post by treeman on Oct 1, 2017 13:17:55 GMT
Someone's having a clearout - fair bit of wine and chips available
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fogey
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Post by fogey on Oct 1, 2017 14:43:27 GMT
A few brave souls have just started buying into the Panic of the Day.
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m2btj
Member of DD Central
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Post by m2btj on Oct 1, 2017 15:10:26 GMT
A few brave souls have just started buying into the Panic of the Day. Rumour & panic can send a platform into free-fall with disastrous consequences to both platform & investors....there's no BofE to bail out a run! I've always been fascinated with how financial markets can rise & fall at the merest whiff of a rumour. In the meantime, I've picked up some very nice investments with adequate security.
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Post by chielamangus on Oct 1, 2017 15:10:27 GMT
Someone's having a clearout - fair bit of wine and chips available Some of this is me. All timetabled to start from the first of this month (and nothing to do with anything posted here) and ongoing for about 6 weeks while I assemble cash for a personal project.
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fogey
Posts: 171
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Post by fogey on Oct 4, 2017 19:42:18 GMT
I thought I had recently detected a slight unclogging of the MH sales, which had clogged up only a few weeks ago, apparently coinciding with yet more negative sentiment about uncertain exits etc. Earlier today I wasn't able to see much change, but having just looked again I find one of my queued sales about to happen ... only £99 in front. I listed it on 19th September so not so long ago ... As there are no new loans around yet and very few good loans coming onto the SM. perhaps investors are once again returning to MH. This would be a sign of increasing confidence so let us hope that this trend continues ...
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fogey
Posts: 171
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Post by fogey on Oct 8, 2017 21:43:43 GMT
I thought I had recently detected a slight unclogging of the MH sales, which had clogged up only a few weeks ago, apparently coinciding with yet more negative sentiment about uncertain exits etc. Earlier today I wasn't able to see much change, but having just looked again I find one of my queued sales about to happen ... only £99 in front. I listed it on 19th September so not so long ago ... managed to sell this one today and now there is another one of mine only £199 away too I guess if anyone wants to add more within MT it's the only way now ! MH was selling very well a few weeks ago let's hope that sentiment is on the way back now !
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fogey
Posts: 171
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Post by fogey on Oct 11, 2017 15:57:40 GMT
I thought I had recently detected a slight unclogging of the MH sales, which had clogged up only a few weeks ago, apparently coinciding with yet more negative sentiment about uncertain exits etc. Earlier today I wasn't able to see much change, but having just looked again I find one of my queued sales about to happen ... only £99 in front. I listed it on 19th September so not so long ago ... managed to sell this one today and now there is another one of mine only £199 away too
despite all the money pouring into nully right now some of it is still finding its way into good ol' MH so this one is now sold too next one is £2800 away so might take some time ! now what shall I buy next?
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elliotn
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Post by elliotn on Oct 11, 2017 16:08:35 GMT
managed to sell this one today and now there is another one of mine only £199 away too
despite all the money pouring into nully right now some of it is still finding its way into good ol' MH so this one is now sold too next one is £2800 away so might take some time ! now what shall I buy next?
That’s a lot of Panic sales, right there.
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fogey
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Post by fogey on Oct 11, 2017 16:20:53 GMT
well I had already decided to run down my MH before all this panic induced clogging up so this doesn't qualify for a Panic Sale its just everyone else that panicked and got in the way of my long term strategy anyway good to see someone else on this thread as it was getting rather lonely ... and so I was just talking to myself again
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Post by eascogo on Oct 11, 2017 16:26:41 GMT
well I had already decided to run down my MH before all this panic induced clogging up so this doesn't qualify for a Panic Sale its just everyone else that panicked and got in the way of my long term strategy anyway good to see someone else on this thread as it was getting rather lonely ... and so I was just talking to myself again
I think panic might apply to the restaurant, but for MH I guess the bulk are flippers.
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archie
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Post by archie on Oct 11, 2017 17:12:10 GMT
I trimmed a little MH but only because it was more than 10% of my MT total. Still a little bit left on sale but I'm first in the queue.
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Post by Badly Drawn Stickman on Oct 11, 2017 17:53:35 GMT
I trimmed a little MH but only because it was more than 10% of my MT total. Still a little bit left on sale but I'm first in the queue. I would take it from you if I didn't already have more than enough. Usually that amount of a loan available would be worrying but I'm not unhappy to play it out (suspect I have no choice now anyway). Not seeing a great problem with the Hotel and Restaurant either apart from it probably being a while closing it out. With MTBA822 being the only show in town (and any other town) and just not convincing me. I could do with somebody getting the market moving with a rumor.
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