Another month has come and gone on my AutoInvest plan so let's check results.
Due to my slacking on my investment responsibilities, I have yet to implement my AutoInvest on Bitbond so my only option now is still Loanbase. Let's see how I did.
This month has a little more red on it than the previous 2 and this was something I expected. The repayment history is still pretty strong though as 2 of these loan payments (1 paid, 1 not) were loans I selected and the other 72 were from my AutoInvest plan. Of those 72, 63 of those payments were made for a repayment rate of 84%, still very very strong.
Interestingly, my AutoInvest plan now projects a negative Income.
Isn't my mug pretty? I'm curious about this negative projected 0.89% though given the repayment history I am seeing. I have invested equal amounts across all of these borrowers and my 9 non-payments are across 7 borrowers. Since I have chosen the Cautious plan, this means my Interest Earned will be lowest and will have to offset these principal losses.
Let's see what next month brings......