Another Investment option - La Trobe Financial

Discussion in 'Other Asset Classes' started by L3ha7, 15th Dec, 2016.

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Would you invest with them?

  1. Yes

    0 vote(s)
    0.0%

  2. No

    7 vote(s)
    100.0%
  1. L3ha7

    L3ha7 Well-Known Member

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    Good morning Investors / users ,

    Hope you are ready for your xmas and nww year break.

    Just want to ask if anyone has invested or have checked La trobe financial

    La Trobe Financial - Investors Home

    There are few options for inveating and they have got some award or 5 ☆ rating -this was advertised on TV.

    Hope to see your views/opiions.
     
    L3ha7, 15th Dec, 2016
    #1
  2. Guest

    Guest Guest

    So they are bundling mortgages and flogging them to investors with a high(ish) yield? Think I've seen this story before, didn't end well :|
     
    Guest, 15th Dec, 2016
    #2
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  3. wombat777

    wombat777 Well-Known Member

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    This is called Peer to Peer Lending. Society One is another player in this space.

    See this thread here
    Peer to Peer Lending
     
    wombat777, 15th Dec, 2016
    #3
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  4. Ouchmyknees

    Ouchmyknees Well-Known Member

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    Meh, classic account return 5.2% with a management fee of 1.5%, so your return is only 3.7%. Not much more reward than a term deposit for much more risk.

    I'm not an expert on securitisation of mortgages but isn't it the same thing got the world into GFC? (That said I think australian mortgages are less risky than US mortgages as we have better banking/lending system.)

    You are so much better off just chuck money into your Ppor offset.
     
    Ouchmyknees, 15th Dec, 2016
    #4
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  5. L3ha7

    L3ha7 Well-Known Member

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    Thanks guys. much appreciated.
     
    L3ha7, 15th Dec, 2016
    #5
  6. wombat777

    wombat777 Well-Known Member

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    I've got an 11% dividend return and 21% growth return on my NAB shares :D. ANZ are even better @ 34% total return.

    Both parcels acquired in January. Edit - NAB in Feb.
     
    wombat777, 15th Dec, 2016
    #6
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  7. Nodrog

    Nodrog Well-Known Member

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    Yes, Santa arrived early as usual. Nice fat dividend deposits from WHF, NAB, MQG, ANZ. Will celebrate by digging out our highest quality top shelf home brew. Special occasions like these deserve only the best:D.
     
    Nodrog, 15th Dec, 2016
    #7
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  8. L3ha7

    L3ha7 Well-Known Member

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    Message received . .. ;)
     
    L3ha7, 15th Dec, 2016
    #8
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  9. wombat777

    wombat777 Well-Known Member

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    You can have a play in sharesight.com.au to see how investments made say 2 years earlier would have gone. Use this to learn the ropes without committing any cash. You can also experiment with the compounding effect of dividend reinvestment.

    Generally plenty of good advice here, whether that be regular stocks, Boggleheads / ETFs / LICs and the 'not advice'.
     
    wombat777, 15th Dec, 2016
    #9
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  10. L3ha7

    L3ha7 Well-Known Member

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    20161216_163732-1.jpg

    This is how my portfolio look after sellng my Anz on yesterday.

    I will check sharesight and I will be starting my reading on Lic thread (highly recommended by @austing and others during my xmas break.....thanks @wombat777
     
    L3ha7, 17th Dec, 2016
    #10