Author Topic: Are We There Yet?  (Read 2915 times)

Rob L

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Are We There Yet?
« on: September 17, 2017, 11:35:53 AM »
Like a kid in the car I wanted to know when my LC account will be down to zero.



Like the same kid I'm becoming impatient.

Selling the D's and E's on Folio at a loss doesn't help since I have those longer term B's behind them. I have no reason to believe I could sell the D's and E's and be money ahead of simply holding them. Another 20 months and they're completely gone. The good news is that half of my current investment is in B grade. I didn't know it was that much.

Looks like it will be quite a long drive. Can we stop for ice cream?

dr.everett

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Re: Are We There Yet?
« Reply #1 on: September 17, 2017, 02:35:02 PM »
I'm right there with you. Selling what I have at around 1%- I sell on average anywhere from $500-$1K a day- Got about $35K to go right now and am not willing to take losses selling. The only thing that's making this somewhat bearable is Interest Radar re-listing automatically on my behalf- otherwise I'd be pulling hair out.

Not looking forward to liquidating the IRA account with $160K at all.  :'(

Rob L

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Re: Are We There Yet?
« Reply #2 on: September 18, 2017, 12:42:04 PM »
Another look in more detail.
Interesting the way non-performers pile up at the trailing edge of the purchases.
Every month the currents move a step to the left (one less remaining payment) while the existing non-performers stay in place, new non-performers are added and charge offs are removed.



« Last Edit: September 18, 2017, 12:46:44 PM by Rob L »