sharetrader
Page 187 of 187 FirstFirst ... 87137177183184185186187
Results 2,791 to 2,803 of 2803

Thread: Harmoney

  1. #2791
    Advanced Member
    Join Date
    Feb 2005
    Location
    Auckland, , New Zealand.
    Posts
    1,980

    Default

    The site was closed for a while stating they were doing some maintenance.

  2. #2792
    Junior Member
    Join Date
    Jul 2017
    Posts
    28

    Default

    Quote Originally Posted by 777 View Post
    The site was closed for a while stating they were doing some maintenance.
    Well all they've managed to do is stuff the whole site. Harmoney's tech gurus need some upskilling.

  3. #2793
    Member
    Join Date
    Mar 2006
    Location
    It varies
    Posts
    126

    Default

    Quote Originally Posted by joker View Post
    Well all they've managed to do is stuff the whole site. Harmoney's tech gurus need some upskilling.
    Going ok now. 12 loans up
    Soolaimon

  4. #2794
    Member
    Join Date
    Jan 2016
    Posts
    36

    Default

    Quote Originally Posted by Soolaimon View Post
    Going ok now. 12 loans up
    Yes, going now - just. Still as slow as a week of wet Sundays.

  5. #2795
    Junior Member
    Join Date
    Jul 2017
    Posts
    28

    Default

    Harmoney retail RAR has been trending down for sometime now. Currently 13.07% (lowest since mid-2015) and heading toward the 12s. Scorecard 1.5 starting to bite?
    ScreenHunt.jpg

  6. #2796
    Junior Member
    Join Date
    Sep 2016
    Posts
    25

    Default

    Quote Originally Posted by joker View Post
    Harmoney retail RAR has been trending down for sometime now. Currently 13.07% (lowest since mid-2015) and heading toward the 12s. Scorecard 1.5 starting to bite?
    ScreenHunt.jpg
    I'm down from high 16s to 14.99% this morning. It's taken 2 months to drop that quickly. That's over 2600 loans and 21 months. I'm weighted mostly in Cs and Ds. I get the feeling we're making hay while the sun shines. These kinds of returns will attract competition wanting to undercut them because investors are accepting 2.5% in the bank or on rental properties. O/seas returns in these sorts of investments are not as good as they are here.

  7. #2797
    Investor
    Join Date
    Oct 2016
    Posts
    130

    Default

    Quote Originally Posted by darrenc View Post
    I'm down from high 16s to 14.99% this morning. It's taken 2 months to drop that quickly. That's over 2600 loans and 21 months. I'm weighted mostly in Cs and Ds. I get the feeling we're making hay while the sun shines. These kinds of returns will attract competition wanting to undercut them because investors are accepting 2.5% in the bank or on rental properties. O/seas returns in these sorts of investments are not as good as they are here.
    Your RAR of over 16% wasn't going to last long term. You're now at a more realistic RAR for your risk mix & time of investment.

  8. #2798
    Junior Member
    Join Date
    Nov 2016
    Posts
    26

    Default

    IMO the only way you can work out your actual growth is get your balance one year ago and compare it with today's balance. Of course you'll need to add up funding available, in funding and outstanding principle but if you do, I think you may be shocked by your actual growth, mine is about 7.5% compared with a RAR of almost 16%. DYOR

  9. #2799
    Junior Member
    Join Date
    Sep 2016
    Posts
    25

    Default

    Quote Originally Posted by bullfrog View Post
    IMO the only way you can work out your actual growth is get your balance one year ago and compare it with today's balance. Of course you'll need to add up funding available, in funding and outstanding principle but if you do, I think you may be shocked by your actual growth, mine is about 7.5% compared with a RAR of almost 16%. DYOR
    Mine is 8.9%

  10. #2800
    Junior Member
    Join Date
    Jul 2017
    Posts
    28

    Default

    Quote Originally Posted by darrenc View Post
    Mine is 8.9%
    Harmoney's RAR formula looks to be reasonably sound but doesn't seem to allow for the "dead time" between the time the borrower pays Harmoney and when Harmoney credits the money to your account. Also, it's not the whole difference, but the figures you've calculated are after tax but Harmoney's RAR figure is before tax.

  11. #2801
    yeah, nah
    Join Date
    Mar 2017
    Posts
    197

    Default

    I'm currently at 7.6% return for 6 months i.e. ~ 15.2% for 12 months after tax (lowest rate). This includes a startup period of a little over 3 months to invest $100K (so it should improve). I know I've got some significant losses to come as more defaults kick in but my returns are looking to be significantly higher... XIRR at just under 18% (after tax) - very consistently, current RAR at 17.35%pa. Compounding with the lower tax rate makes a significant difference to the overall returns.

    If you are investing new money or drawing on returns a simple balance comparison will not give you an accurate picture of your returns (using XIRR will).
    Last edited by myles; 17-10-2017 at 10:55 PM.

  12. #2802
    Member
    Join Date
    May 2016
    Posts
    95

    Default

    Quote Originally Posted by joker View Post
    Harmoney retail RAR has been trending down for sometime now. Currently 13.07% (lowest since mid-2015) and heading toward the 12s. Scorecard 1.5 starting to bite?
    ScreenHunt.jpg
    Maybe but also the continued dilution of the original (capital based fee) loans will hit retail returns. My returns have dropped a little under 0.5% even though I no longer invest in A's.

  13. #2803
    Member
    Join Date
    May 2016
    Posts
    95

    Default

    Also writeoffs as a % of interest are creeping up (for me) and it is too early for this to be from recent shift in grade mix.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •