-
22-08-2017, 09:43 AM
#2571
5 months in has yet to show up any write offs. I predict that 12 months out from now your XIRR will be closer to 10%.
-
22-08-2017, 10:16 AM
#2572
Member
![Quote](images/misc/quote_icon.png) Originally Posted by 777
5 months in has yet to show up any write offs. I predict that 12 months out from now your XIRR will be closer to 10%.
No, it will be at least 13%, more likely mid to high 14+%
-
22-08-2017, 10:20 AM
#2573
![Quote](images/misc/quote_icon.png) Originally Posted by Cool Bear
No, it will be at least 13%, more likely mid to high 14+%
Myles is talking tax paid return though.
-
22-08-2017, 10:21 AM
#2574
Member
But the new interest rates will put a dampener to the returns, so assuming a high churn rate of 8 to 10% a month with no new investments, the RAR could drop to just around or below 14%.
-
22-08-2017, 10:21 AM
#2575
Member
![Quote](images/misc/quote_icon.png) Originally Posted by 777
Myles is talking tax paid return though.
Ok, then you may be right depending on his tax rate
-
22-08-2017, 04:25 PM
#2576
yeah, nah
![Quote](images/misc/quote_icon.png) Originally Posted by joker
Very impressive returns. Do you lend much on payment protect loans or do you tend to avoid them?
Take them as they come i.e. I don't prioritise either way. Of the all time total 1218 loans, exactly 300 are Payment Protect loans.
-
22-08-2017, 04:35 PM
#2577
yeah, nah
![Quote](images/misc/quote_icon.png) Originally Posted by 777
5 months in has yet to show up any write offs. I predict that 12 months out from now your XIRR will be closer to 10%.
I'm predicting (at the moment), 15.3% - rates have changed but I'll be moving my investment band, so it's a bit tough to predict anything now...
Note: This is with compounding, i.e. all returns are reinvested, it's not a static 100K (currently 105K), so I think 10% is well below likely returns - my thoughts only.
-
22-08-2017, 04:45 PM
#2578
yeah, nah
Just working it through a bit...
Since it took me a little over 3 months to invest the 100K, lets put the investment equivalent time at 4 months. So at current return I should have 15K clear at 12 months less defaults. To only get 10% I'd have to have 50 new (full) defaults (rounding up to $100 per loan) - but since almost all loans have already returned 4 months of interest/principle, I'd have to be looking at, at least 75 defaults. That's 7.5% pa defaults. My average Harmoney suggested default rate is 1.59%, even if you double that it's not close to 7.5%...
I'm in a unique position to know exactly what has gone in and am not adding or drawing funds, so come 12 months it will be interesting to see where it's ended up.
-
22-08-2017, 06:33 PM
#2579
Good effort getting 100k invested in such a short time. I have only managed to get 15k in 3 months. I'm 80% going for 36 month loans however.
and now looking at only C and D grade
-
22-08-2017, 07:15 PM
#2580
Investor
![Quote](images/misc/quote_icon.png) Originally Posted by bung5
Good effort getting 100k invested in such a short time. I have only managed to get 15k in 3 months. I'm 80% going for 36 month loans however.
and now looking at only C and D grade
Going for only 36 month loans makes it a lot slower.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks