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Discussion about Peer-to-Peer Lenders

Harmoney
Squirrel Money

Posts about Harmoney on ShareTrader.co.nz

“I agree with pretty much everything you have posted - we've come to the same conclusion the sweet spot is E grade loans (you further clarified its grade E5 I believe?), so you would in theory build your portfolio around this to maximise returns. Maximum expected return does not necessarily mean best return unless volatility...” View full post »

“One things however that has always nagged me is all the stats harmoney has to determine these default rates - are they from the current and near past economic climate where everything has been good? because if so then the data set all these stats which we model off, is only reflective off good times. Harmoney label it...” View full post »

“One thing though you are locked in for 3 or 5 years, but you get about 3% of your capital back every month via natural repayments and loans paid off early, so you do have time to re position your portfolio as you might see the current economic climate changing and potential defaults going up. Agree, and from what I've...” View full post »

“One thing I'd add to the above is that trying to predict the ups and downs of any market is ALWAYS fraught with risk. Better to look at the long term and 'ride' through the ups and downs. Investing 101 type stuff applies here too I think :mellow: I agree with pretty much everything you have posted - we've come to the...” View full post »

“Most market place stats have been "temporarily unavailable" for some time now...Does anybody know if they intend to make them available again?...” View full post »

“It's quite apparent that lending money at 31.81% (E1 Grade) or higher is usury and isn't ethical or intelligent. At what stage does lending money for interest become usury for you? For you, does it make a difference for what purpose the borrower wants or needs the money?...” View full post »

“Like I have mentioned before myles, after 2 years, I was shocked by the number of E an F grade defaults 13/16 to be exact. As I have not been taking any new E and F grade loans for a number of months, I now have one quarter left of the originals through default or repayment that will all come due between now and November...” View full post »

“One thing I'd add to the above is that trying to predict the ups and downs of any market is ALWAYS fraught with risk. Better to look at the long term and 'ride' through the ups and downs. Investing 101 type stuff applies here too I think :mellow:...” View full post »

“Ideally if an economy slowed people might be better to invest in safer grades for those years. Then as economy improves again ramp back to riskier grades. Agree. With the current President of the US doing 'unpredictable' things, possible government change coming in NZ, and the noise coming out of Aus. at the moment, I...” View full post »

“Myles as you have mentioned return graphs are subject to economic conditions. Harmoney actual stats dont currently reflect returns during a economic downturn as Harmoney hasn't been around long enough. There was also a link to an overseas write up which outlined real results from p2p who existed at time of Gfc. These riskier...” View full post »

View full Harmoney thread on ShareTrader.co.nz

Posts about Squirrel Money on ShareTrader.co.nz

“There are 7 new loans ($150k) coming to market soon ANy non-5-year ones?...” View full post »

“There are 7 new loans ($150k) coming to market soon...” View full post »

“By "Dead".... are you meaning quiet with not many borrowers this week? I have checked in every day and it does seem to have been a very quiet towards the end of this week - like yesterday I saw just 3.5K awaiting funding. Yup that's right...” View full post »

“On a typical day would be filled same day..... Is today a typical day? :) Just perhaps this week was NOT a typical week in the end!!!...” View full post »

“Thanks, their platform seems pretty dead to me. By "Dead".... are you meaning quiet with not many borrowers this week? I have checked in every day and it does seem to have been a very quiet towards the end of this week - like yesterday I saw just 3.5K awaiting funding....” View full post »

“Thanks, their platform seems pretty dead to me....” View full post »

“Thanks, and are most loans in the 5 year range? Yes, most are...” View full post »

“Thanks, and are most loans in the 5 year range?...” View full post »

“How long does it generally take for loans to get filled? I have a $5K order in at one step below the other "bids" presently. Also, are all the loans generally 5 years? 2 and 3 years seem pretty dead. On a typical day would be filled same day..... Is today a typical day? :)...” View full post »

“How long does it generally take for loans to get filled? I have a $5K order in at one step below the other "bids" presently. Also, are all the loans generally 5 years? 2 and 3 years seem pretty dead....” View full post »

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