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What % of your cash savings do you have in P2P...

...and are you comfortable with the risk?

I have around 2% of my money in P2P. I'd dearly love to put more in, however I probably find it too risky to do so - I don't think I'd want to put more than around 10% in there.

How about you?
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Comments

  • lalman
    lalman Posts: 279 Forumite
    At my peak I had 7% - now 0.01%.. trying to wind down, the returns just don't reflect the risks involved for me particularly in this fragile recovery.
    My Goal: From 1st of Jan 2015 to 31st of December 2015 is to save 30000.

    48.78% towards 2015 target.

    105.3% towards 2014 target. :j
  • ChesterDog
    ChesterDog Posts: 1,146 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    About 7-8%.

    Just for the diversification.
    I am one of the Dogs of the Index.
  • vectistim
    vectistim Posts: 635 Forumite
    Part of the Furniture
    A grand total of 0%

    (I just wanted to type 0 - but there's a min 10 character response)
    IANAL etc.
  • colsten
    colsten Posts: 17,596 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    0vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    10,000 Posts Combo Breaker
    When i first heard about this a few years ago i thought it sounded like a good thing, but looking into it i'm worried it may be to risky.
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
  • puk999
    puk999 Posts: 552 Forumite
    Ninth Anniversary 500 Posts
    0%

    I liked the idea of it but then read about decreasing yields and the lack of FSCS protection. I figured I missed out on the good times.
  • puk999
    puk999 Posts: 552 Forumite
    Ninth Anniversary 500 Posts
    vectistim wrote: »
    A grand total of 0%

    (I just wanted to type 0 - but there's a min 10 character response)

    Colsten's message immediately below yours managed it. If you drag the mouse over the 0 lots of v's are revealed so he's used some clever trick to hide them! Intrigued now...
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    0%, like others I don't think the return is good enough to reflect the risk.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    puk999 wrote: »
    Colsten's message immediately below yours managed it. If you drag the mouse over the 0 lots of v's are revealed so he's used some clever trick to hide them! Intrigued now...

    He coloured the text white, to make it virtually invisible.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • zilch zero nowt
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