Author Topic: Give up some numbers.  (Read 40119 times)

Bohb Daishi

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Re: Give up some numbers.
« Reply #15 on: April 22, 2014, 01:30:54 AM »
In Funding                11
Issued & Current      178
In Grace Period         52
Fully Paid                  48
Late 16 - 30 Days     18
Late 31 - 120 Days   738
Default                      51
Charged Off              298
NAR:                         -40.47%
There are three ways to make a living in this business: be first, be smarter, or cheat.

lascott

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Re: Give up some numbers.
« Reply #16 on: April 22, 2014, 09:36:34 AM »
In Funding                11
Issued & Current      178
In Grace Period         52
Fully Paid                  48
Late 16 - 30 Days     18
Late 31 - 120 Days   738
Default                      51
Charged Off              298
NAR:                         -40.47%
   ??? (huh?)   :o (shocked).   
What does your composition (grade) look like on:
https://www.lendingclub.com/account/lenderAccountDetail.action
Oh wait.  I think you are making those numbers up.  Screen shot?
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

Ran

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Re: Give up some numbers.
« Reply #17 on: April 22, 2014, 10:06:43 AM »
In Funding                11
Issued & Current      178
In Grace Period         52
Fully Paid                  48
Late 16 - 30 Days     18
Late 31 - 120 Days   738
Default                      51
Charged Off              298
NAR:                         -40.47%
   ??? (huh?)   :o (shocked).   
What does your composition (grade) look like on:
https://www.lendingclub.com/account/lenderAccountDetail.action
Oh wait.  I think you are making those numbers up.  Screen shot?
Bohb is a Foliofn guy and LendingClub always "think" people paid full principal price for Foliofn notes, even for bankruptcy notes.

Jomar

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Re: Give up some numbers.
« Reply #18 on: April 22, 2014, 10:43:02 AM »
In Funding                11
Issued & Current      178
In Grace Period         52
Fully Paid                  48
Late 16 - 30 Days     18
Late 31 - 120 Days   738
Default                      51
Charged Off              298
NAR:                         -40.47%

What is your XIRR like with the Folio-only strategy?

core

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Re: Give up some numbers.
« Reply #19 on: April 22, 2014, 02:14:28 PM »
What is your XIRR like with the Folio-only strategy?

I don't know what Bohb's is, but I'm also using a Folio-only strategy and my numbers look similarly miserable (at least as reported by LC).  Yet my XIRR as of today is 440.03%, which is for a bit less than 3 years of trading.  If I didn't make periodic withdrawals and let my balance climb above $50k then my XIRR would have been lower by now... possibly much lower.  LC is showing my adjusted NAR at -9.04%.

Funny how I'm one of those 800+ note folks who managed to "LOSE" money, I guess part of the reason they had to remove that claim that nobody with 800 notes has had a negative return.  But my return was pretty decent in reality.  If they tracked things properly their own published stats would probably look better and they could resume making all sorts of silly/pointless claims.
« Last Edit: April 22, 2014, 02:16:16 PM by core »

rawraw

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Re: Give up some numbers.
« Reply #20 on: April 22, 2014, 02:45:08 PM »
What is your XIRR like with the Folio-only strategy?

I don't know what Bohb's is, but I'm also using a Folio-only strategy and my numbers look similarly miserable (at least as reported by LC).  Yet my XIRR as of today is 440.03%, which is for a bit less than 3 years of trading.  If I didn't make periodic withdrawals and let my balance climb above $50k then my XIRR would have been lower by now... possibly much lower.  LC is showing my adjusted NAR at -9.04%.

Funny how I'm one of those 800+ note folks who managed to "LOSE" money, I guess part of the reason they had to remove that claim that nobody with 800 notes has had a negative return.  But my return was pretty decent in reality.  If they tracked things properly their own published stats would probably look better and they could resume making all sorts of silly/pointless claims.
HA HA HA 

Is there anyone else like you?  Or are you the sole reason that we know of?

core

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Re: Give up some numbers.
« Reply #21 on: April 22, 2014, 03:34:14 PM »
Is there anyone else like you?  Or are you the sole reason that we know of?

Actually my NAR wasn't negative until relatively recently when they came out with this adjusted stuff.  They had already stopped making the 800 note claim by then I think.  NJGuy likely had a solidly negative NAR way before me. 

I suspect part of the reason for them dropping the 800-note claim was a group of Folio idiots who bought hundreds of $1-2 notes from me and other traders for 70% markup.  It would be easy to get to 800 notes in an afternoon with just a small account balance if you really tried, and then the next day realize you lost quite a bit overnight.  Why would someone do such a thing?  Possibly precisely because of the claims about nobody ever losing money with 800 notes.  It must be tempting to get to 800 as quickly as possible after reading such marketing when your brain doesn't function properly.  Maybe I 'misunderestimate' people though.

merits

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Re: Give up some numbers.
« Reply #22 on: April 23, 2014, 12:14:26 AM »
In Funding  53
Issued & Current 1,360
In Grace Period 67
Fully Paid 40
Late 16 - 30 Days 46
Late 31 - 120 Days 291
Default  15
Charged Off 15
NAR: -42.52%

A great many of deep discount Folio notes


merits

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Re: Give up some numbers.
« Reply #23 on: April 23, 2014, 12:18:53 AM »
In Funding                11
Issued & Current      178
In Grace Period         52
Fully Paid                  48
Late 16 - 30 Days     18
Late 31 - 120 Days   738
Default                      51
Charged Off              298
NAR:                         -40.47%

Is your strategy focused on late31-120 notes?

Bohb Daishi

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Re: Give up some numbers.
« Reply #24 on: April 23, 2014, 02:59:25 AM »
In Funding                11
Issued & Current      178
In Grace Period         52
Fully Paid                  48
Late 16 - 30 Days     18
Late 31 - 120 Days   738
Default                      51
Charged Off              298
NAR:                         -40.47%
   ??? (huh?)   :o (shocked).   
What does your composition (grade) look like on:
https://www.lendingclub.com/account/lenderAccountDetail.action
Oh wait.  I think you are making those numbers up.  Screen shot?

These numbers are legit. However, the numbers are largely meaningless because about 95% of my purchases are for trading. The average duration that I hold a note (from purchase date to sell date) is about 51 days and capital gains aren't included in NAR.

Is your strategy focused on late31-120 notes?

Many of my strategies are focused on late notes, but not all.
There are three ways to make a living in this business: be first, be smarter, or cheat.

lascott

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Re: Give up some numbers.
« Reply #25 on: July 12, 2014, 11:46:22 AM »
I'm pretty new to all of this (obvious after seeing below!). A leg of my retirement stool. Shooting for net 9-11%.
----
Returns:
Quote
Adjusted Net Annualized Return:   15.46 %
Weighted Average Interest Rate:   16.69%
Average Age of Portfolio:   1.4 mos
Number of Notes:   1,131
My notes:
Quote
Notes at-a-Glance 1131
In Funding 105
Issued & Current 1,010
In Grace Period 0
Fully Paid 15
Late 16 - 30 Days 0
Late 31 - 120 Days 1
Default 0
Charged Off 0
Term:
Quote
Weighted average term: 39.2
How $25 notes picked:
Quote
LendingRobot: ~12%
P2P-Picks Max (via BV): ~80%
P2P-Picks Min (via BV): ~2%
WYourOwnR (via BV): ~4%
IntRadar: ~3%
lenderAccountDetail.action
Quote
A: 5.9%
B: 3.2%
C: 21.4%
D: 42.2%
E: 25.5%
F: 1.8%
G: 0.1%
As & Bs - was a self-inflicted oops with a BV filter setup but at least it was using P2P-Picks!
« Last Edit: July 13, 2014, 11:05:36 AM by lascott »
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

DLIFVOIP

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Re: Give up some numbers.
« Reply #26 on: July 19, 2014, 05:32:11 PM »
Here are my numbers.  I only buy new loans and only sell non performing loans on the FOLIO platform.  For the first 4 years of investing I only did $25 per, but since the beginning of the year I had to increase to $50 per to keep up with reinvesting payments as well as being able to invest new funds.


In Funding - 176
Issued & Current - 18,068
In Grace Period - 83
Fully Paid - 4,525
Late 16 - 30 Days - 23
Late 31 - 120 Days - 47
Default - 2
Charged Off - 53


Grade breakdown is as follows:

A - 29.7%
B - 34.7%
C - 24.1%
D - 8.4%
E - 2.2%
F - 0.6%
G - 0.1%

LC says my NAR is 11.15%, but as I said I sell on the Folio platform so not 100% accurate.  My XIRR is 9.55% however it will typically take me over 30 days to invest new funds when I make large deposits, so XIRR is not 100% accurate as well as funds sit around for a while sometimes.  So my real return is between the two.  I really do not focus on those #'s as I like to look at actual $ return each month based on beginning of month o/s principle.

lascott

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Re: Give up some numbers.
« Reply #27 on: July 20, 2014, 09:41:20 AM »
Issued & Current - 18,068
A   29.70%   5366
B   34.70%   6270
C   24.10%   4354
D   8.40%   1518
E   2.20%   397
F   0.60%   108
G   0.10%   18
Those are some very interesting numbers to get 10%. Lates thru Charge offs are pretty small so the folio sales are demonstrating that. ("LC says my NAR is 11.15% ... My XIRR is 9.55% ....  So my real return is between the two.")  Very impressive.
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

BruiserB

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Re: Give up some numbers.
« Reply #28 on: July 20, 2014, 08:17:46 PM »
I've been in Lending Club since around September of 2011 and have been adding funds each year.  I started out completely manually investing with just my gut feel by reading individual loan applications.  Then I discovered Peter's yearly "How I'm Investing..." posts and started to mimic his filters as best as I could....either by downloading notes available and sorting in Excel (cumbersome) or by having NickelSteamRoller send me filter matches and still clicking manually.  I was getting discouraged by how much work it was to keep up and how you had to be fast to find matches.  Then everything changed around the beginning of this year when I found an ad for LendingRobot on Facebook and I automated my loan purchasing!  Since then I have also discovered BlueVestment.  Together these services have automated my filter investing and I have added some notes through P2P-Picks to my BlueVestment buying and started using LendingRobot's Expected Yield modeling to select notes.  This year I have more than doubled my LC investment and have no trouble keeping payments reinvested!  Third party investing totally changed the way I invest and the knowledge of Peter and the others on the boards here have educated me greatly since I picked my first loans by the "this person seems nice" method!

I haven't bought or sold at all on Folio....still educating myself but not feeling the need to do it at this point.

So here are my numbers so far:

In Funding:               186
Issued & Current:   4,427
In Grace Period           34
Fully Paid                  536
Late 16-30                  16
Late 31-120                59
Default                         3
Charged off               181

Composition by $
A     3.2%
B     3.7%
C   14.1%
D   38.1%
E   25.8%
F   11.7%
G    3.4%

36 month 41.5% (has grown a lot this year since using P2P-Picks...was more like 25% before)
60 month 58.5%

Current Average Portfolio Age 12 months (have added about half my account value since January)

Weighted Average Rate 18.47%
LC NAR                        13.35%
LC Adjusted NAR           11.29%

Overall XIRR                 11.54%  (since opening my account)
2011 XIRR                    10.35%
2012 XIRR                    10.76%
2013 XIRR                    12.17%
2014 YTD XIRR             11.41%

I also have an IRA that I started late last year and have funded for last year and this year.  It currently is showing an NAR of 15.55% and Adjusted NAR of 12.46%  Overall XIRR is 12.7% so far. 
« Last Edit: July 20, 2014, 08:39:40 PM by BruiserB »

DLIFVOIP

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Re: Give up some numbers.
« Reply #29 on: July 21, 2014, 12:02:52 PM »
Issued & Current - 18,068
A   29.70%   5366
B   34.70%   6270
C   24.10%   4354
D   8.40%   1518
E   2.20%   397
F   0.60%   108
G   0.10%   18
Those are some very interesting numbers to get 10%. Lates thru Charge offs are pretty small so the folio sales are demonstrating that. ("LC says my NAR is 11.15% ... My XIRR is 9.55% ....  So my real return is between the two.")  Very impressive.


Thanks.  The only way I make the % I do is by actively managing the non-performing loans.  I track my loss rate based on the year the loan was purchased.  My best year is around 0.7% loss rate and my worst is 1.5%.

I also think by not using automated investing, I am able to pick better loans.  I obviously use filters, but I manually review each loan I purchase.  So I am on the site at the 4 release times a day (it is funny to think about some of the places I have worked from).