Author Topic: Worst Month Yet  (Read 147268 times)

Rob L

  • Hero Member
  • *****
  • Posts: 2014
    • View Profile
Re: Worst Month Yet
« Reply #585 on: January 04, 2019, 04:14:35 PM »
At the end of June projected run off to $7k outstanding principal at year end. Actual; $6,941.40.
Darn close.



A new scale for the New Year:





rawraw

  • Hero Member
  • *****
  • Posts: 2756
    • View Profile
Re: Worst Month Yet
« Reply #586 on: January 04, 2019, 08:27:21 PM »
The predictability of your curve is a nice feature of this asset class.

Rob L

  • Hero Member
  • *****
  • Posts: 2014
    • View Profile
Re: Worst Month Yet
« Reply #587 on: March 04, 2019, 07:16:14 PM »
Here's an update for February 2019. A bit more principal returned than expected; not a bad thing!
Maybe I'll be able to close out sooner than expected. We are getting down to very small amounts of principal invested.



lascott

  • Hero Member
  • *****
  • Posts: 1397
    • View Profile
    • Appreciate my post and want to try LendingRobot? URL below
Re: Worst Month Yet
« Reply #588 on: March 04, 2019, 10:21:13 PM »
A bit more principal returned than expected
Do you consider this to be loans being paid back and recoveries (-  rec_fees)?

My recoveries are still pretty high. Glad they are still being aggressive with this (hopefully the majority are against bad actors).



I like being above zero!

Tools I use: (main) BlueVestment: https://www.bluevestment.com/app/pricing + https://www.interestradar.com/ , (others) Lending Robot referral link: https://www.lendingrobot.com/ref/scott473/  & Peercube referral code: DFVA9Y

Rob L

  • Hero Member
  • *****
  • Posts: 2014
    • View Profile
Re: Worst Month Yet
« Reply #589 on: March 05, 2019, 11:28:27 AM »
Well this is pretty interesting and seems to support your theory that LC has become more aggressive.
There are probably other factors in play here too possibly involving my portfolio runoff and decreasing principal outstanding.
I dunno. Whatever the reason it's welcomed.