sharetrader
Page 29 of 29 FirstFirst ... 192526272829
Results 421 to 422 of 422
  1. #421
    Member
    Join Date
    Jan 2017
    Posts
    149

    Default

    Has anybody managed to invest in loans for 5-7 or 2-3 years recently? If so, at what rate?

    Currently there is $131k for 1 year awaiting funding.
    I'm thinking that it would be better to put money to work now and get 6% return instead of waiting for weeks/months for a higher return.

    What y'all think?

  2. #422
    Junior Member
    Join Date
    Aug 2017
    Posts
    1

    Default

    Hi icyfire. I'm CFO at Squirrel.
    We are definitely still getting loans pushed through in the 5-7 and 2-3 year categories - around 60% of the new lending this month.
    The loans funded in the 5-7 year bucket this month have had an average investor rate of 8.14% and 7.03% for the 2-3 year loans.
    I would encourage you to look at the 1 year loans for at least a portion of your investment portfolio. We have a strong pipeline in that space and as you highlight - you can have your money invested almost immediately with the $131k of loans currently awaiting funding.
    The key feature of these one-year investments (other than the lower return of-course) is that it is interest only for the first 12 months - so investments don't get repaid quite so quickly.
    Last edited by TB@squirrel.co.nz; 30-11-2018 at 01:55 PM.

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
  •