Harmoney

[leesal]

Seems an odd way to look at it if you want to predict current value of portfolio - no money to be made from first missed payment point and principal inflated for that period?

Hence as above applying 20% charge off against arrears 1-30 days... etc

I'd be interested to hear what you are doing in this space?

? moral ?

Moral Hazard - its an insurance term. The more dubious the policyholders credentials, the higher the cost from moral hazard.

different definitions of dollar cost averaging.

Its quite a basic investment concept. Just google. If you've are paying into kiwisaver you are already dollar-cost-averaging.