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23-08-2018, 02:03 PM
#3571
Member
Didn't you "withdraw all your funds" on the 18th of June?
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23-08-2018, 02:22 PM
#3572
Originally Posted by icyfire
Withdrawing all my funds from Harmoney as it becomes available and investing it in Simplicity Funds. Harmoney has now become a waste of time IMHO.
I started that two years ago. Down to $81 now. Cashing up is a slow process.
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23-08-2018, 04:20 PM
#3573
Member
@alundracloud Yes I did and still withdrawing more as principal and interest accumulate
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23-08-2018, 07:55 PM
#3574
Member
Totally understand you guys taking your positions into runoff. Without autolend HM hardly a passive investment.
But for the meantime, I'm slowly increasing my position. After just over a year overall P2P investment 40k, and HM 28k of that.
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24-08-2018, 06:36 AM
#3575
Junior Member
Hi, That's a nice return, are you deliberately avoiding cat A loans?
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24-08-2018, 07:50 AM
#3576
Member
Originally Posted by leesal
Totally understand you guys taking your positions into runoff. Without autolend HM hardly a passive investment.
But for the meantime, I'm slowly increasing my position. After just over a year overall P2P investment 40k, and HM 28k of that.
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Great figures leesal. Incredibly low charge-offs for 1 year in with so much in C, D & Es. You're obviously good at picking your risk. How many active loans do you have with Harmony atm?
Last edited by joker; 24-08-2018 at 08:56 AM.
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24-08-2018, 10:43 AM
#3577
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24-08-2018, 02:39 PM
#3578
Member
Originally Posted by leesal
Thanks
@ johna - Correct don't take many A's, just really depends on the risk/return profile your wanting to take.
@ Joker - Don't know about that! My figures flatter to deceive as its not 30k invested straight away like a lot of others. Am running at a static loss of 0.76% on the 2017 H2 Cohort, vs the platform at 0.57%, plus some charge offs in all but name on some ugly E's from Nov17 & Dec17. But am hopefully am making better decisions in 2018. Have a little over 800 individual loans
That sure is a low number of charge offs , Ive got a RAR a little higher then yours but way way higher charge offs
Although my portfolio is probably more "Aged"
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24-08-2018, 05:32 PM
#3579
Member
I decided to crunch some numbers again, to be honest this time i did not come up with anything particularly useful compared to in the past
Portfolio Age
Average days since investment all loans 693.57 days
Average age of active loan 493.26 days
Average age of Active F Grade Loan 657.68 days
Average age of Active E Grade Loan 595 days
Average age of Active D Grade Loan 476 days
Average age of Active C Grade Loan 410.19
Average Age of "Current" Loan 483.86 Days
Average Age of "Arrears" Loan 602.79 Days
Oldest Loan 1301 Days
Oldest Active Loan 1297 Days
Average Interest rate All Active loans 24.7%
Average Interest rate Arrears Status 27.95%
Average interest rate Current Status 24.53%
Income to repayment Ratios Average ( Monthly Repayment / Borrower Income or Combined Income )
All loans 8.33%
Paid Off 7.74%
Current 9.29%
Arrears 8.99%
Charged off 7.89%
Debt Sold 7.17%
F Grade 9.51%
E Grade 7.1%
D Grade 8.52%
C Grade 9.52%
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24-08-2018, 05:35 PM
#3580
Member
Originally Posted by humvee
14.6% is a top return after 3.5 years!
Age matters quite a lot though. My oldest cohort is H2 2017, on HM static loss shows 8 months from origination, with a static loss of 0.57%. I originally invested $6750, at the platform average suggests $38 charged.
One of your first cohorts was H2 2015 (currently the best performing cohort), which today has a platform static loss of 4.97%.The same $6750 invested in that cohort, would give charge-offs of $335 at the plaform average. A ten-fold difference
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