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Advice, comments please,newbie
Comments
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Startup1985 wrote: »Have you considered putting a small amount into P2P lending? 3-10% is easily achievable on a variety of platforms.
I want at least double figures to mitigate the risk on my p2p lending.0 -
Yes, same for me, personally I am fully invested in 10-12% platforms. However I know that these sort of rates come with higher risks and require a little due diligence that not everyone wants to undertake.0
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Startup1985 wrote: »Yes, same for me, personally I am fully invested in 10-12% platforms. However I know that these sort of rates come with higher risks and require a little due diligence that not everyone wants to undertake.
Maybe, I'd probably argue there is little correlation between p2p returns and risks, especially as many of the lower paying platforms are black boxes whereby you don't see any due diligence behind loan security, if that exists at all.0
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