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Thread: Harmoney

  1. #4261
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    Quote Originally Posted by myles View Post
    I hope it was a good loan I did a similar thing early last year, I punched in 50 (for $50) and ended up with $1,250 - that loan is still going strong and earning 20.49% (Interest + principal has paid back half of it since January last year!)
    Fingers crossed for us both! Mine was an A3. I don't normally buy them but with so much cash sitting idle....

  2. #4262
    yeah, nah
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    Default It's been a long time...

    Finally managed to drain funds available, it's been a very long time and I have withdrawn $10,000 from my initial $100,000 investment.

    position.png

    This position represents close to 2 full years of $100,000 invested. With a $10,000 withdrawal, the total 'current' value is a touch over $130,000, so a gain of $15,000 (15%) per year. (Note: this is at 10.5% tax rate).

    Very happy with that investment return, not so happy with recent loan availability, but perhaps that is improving?

  3. #4263
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    Quote Originally Posted by myles View Post
    Finally managed to drain funds available, it's been a very long time and I have withdrawn $10,000 from my initial $100,000 investment.

    position.png

    This position represents close to 2 full years of $100,000 invested. With a $10,000 withdrawal, the total 'current' value is a touch over $130,000, so a gain of $15,000 (15%) per year. (Note: this is at 10.5% tax rate).

    Very happy with that investment return, not so happy with recent loan availability, but perhaps that is improving?
    If you don't mind me asking how do you get the 10.5% tax rate? - is there something I'm missing?

  4. #4264
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    Quote Originally Posted by alistar_mid View Post
    If you don't mind me asking how do you get the 10.5% tax rate? - is there something I'm missing?
    Yes I wondered that as well.

  5. #4265
    yeah, nah
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    In this case, keeping it very simple - no other income = minimal tax rate.

  6. #4266
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    Quote Originally Posted by myles View Post
    In this case, keeping it very simple - no other income = minimal tax rate.
    Oh right. Congrats? - you've escaped the 9-5?

    Also so thats factored into your rar? I remember from this thread we had pretty similar portfolios when we started, but your rar is about 3% better than mine at 15%
    Is the tax rate the difference?

  7. #4267
    yeah, nah
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    Quote Originally Posted by alistar_mid View Post
    Also so thats factored into your rar? I remember from this thread we had pretty similar portfolios when we started, but your rar is about 3% better than mine at 15%
    Is the tax rate the difference?
    No, RAR is exclusive of tax.

    RAR is comparable between portfolios, so any difference is 'real' within the marketplace.

  8. #4268
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    How does this work? Loan is funded to 116% - presumably overloaded by the institutions. Somebody is going to miss out - hopefully not me.
    ScreenHunt.jpg

  9. #4269
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    Quote Originally Posted by joker View Post
    How does this work? Loan is funded to 116% - presumably overloaded by the institutions. Somebody is going to miss out - hopefully not me.
    ScreenHunt.jpg
    Yes... I have hit that a few times recently.

    Thinking it must be a major player comes in with a big order as the system processes lined up orders sequentially.

  10. #4270
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    Quote Originally Posted by joker View Post
    How does this work? Loan is funded to 116% - presumably overloaded by the institutions. Somebody is going to miss out - hopefully not me.
    ScreenHunt.jpg
    Scary, surely that should not be possible!

  11. #4271
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    Quote Originally Posted by RMJH View Post
    Scary, surely that should not be possible!
    It's a simple UI bug, well service probably; as we've all seen BUY orders are sometimes later refunded, no doubt because of situations like this where the our order was taken and later discarded after the math was done. Not unreasonable, it's a probable trade off between performance when accepting orders vs validation of available notes against unprocessed BUY orders. The service API, (and maybe there's an argument the UI) should never return a value > 100%, simple fix.

  12. #4272
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    Quote Originally Posted by PennyPicker View Post
    It's a simple UI bug, well service probably; as we've all seen BUY orders are sometimes later refunded, no doubt because of situations like this where the our order was taken and later discarded after the math was done. Not unreasonable, it's a probable trade off between performance when accepting orders vs validation of available notes against unprocessed BUY orders. The service API, (and maybe there's an argument the UI) should never return a value > 100%, simple fix.
    Good answer! Thanks.

  13. #4273
    yeah, nah
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    Hmm, my Amount in Arrears went from around $200 to over $500 this morning? A glitch I hope. Anyone else see this?

  14. #4274
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    Quote Originally Posted by myles View Post
    Hmm, my Amount in Arrears went from around $200 to over $500 this morning? A glitch I hope. Anyone else see this?
    My arrears have tripled overnight. It looks like they are all 1-30 days old so perhaps a delay in processing payments.

  15. #4275
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    Quote Originally Posted by bung5 View Post
    My arrears have tripled overnight. It looks like they are all 1-30 days old so perhaps a delay in processing payments.
    Mine have also tripled. Will probably sort itself come Monday.

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