Hi Simple
I invest in Harmoney on behalf of some friends and family members via 2 companies.
If my target is 10% before tax and I do not want to spend too much time, it is actually very easy. I will just put the 100k into Harmoney (in one lump sum) and set autoloan to take up every loan at say $50 or $100 per loan. My RAR will definitely be more than 10%, and may even be higher than Harmoney's average of 12+% for retail. And that is after accounting for fees and writeoffs - which could be about 20+% of your gross interest. My gross interest before any deductions would likely to be between 14 to 20%.
My actual returns (net interest) before tax will be about 10% less than my RAR because of the cash sitting idle in Harmoney waiting for the autolending but the end result should still be over my target of 10%.
The above is both from experience and from Harmoney published stats -
https://www.harmoney.co.nz/investors...060.1490774573.
So, almost set and forget.
ps.. to cover my ass, please note that I am in no position to give financial advice and the above is an opinion only and cannot be taken to be financial advice in any manner or form:D