Review of portfolio after I started investing in P2P Loans one month ago.
As always let me start by thanking you for being interested in investing smarter than on a normal savings account with the bank… Where only the bank makes a profit of and you actually go backwards against inflation.
Roughly one month ago I started my P2P Lending / Crowdfunding journey where it was clear from the start I wanted to diversify. I investigated a lot of the platforms and read up as much as I could. If you would like to take your first steps, just as I did, please do your own research and due diligence. I didn’t invest all at once, so only some have a result of the full month, some only from two weeks. But I’ll go more into detail below.
The first month is always a bit harder to base results on, as they are not always as transparent everywhere and might not give a very clear picture yet of future returns, but I’ll try to give detailed updates every month. For now my portfolio's total is €5500.
Total: €27,42 interest on the €5500 investment so far. Which I have to say is not a bad first step for some passive income. Time now to let this compound interest grow. I'll update monthly, but don't forget, this is just a small part of the whole post. Read More down below for more detailed information.
REVIEW OF MY PORTFOLIO AFTER A FEW WEEKS
Thank you for being interested in a starting investor and being part of the journey. I hope the blog will give you valuable insight on European P2P Lending Platforms.
Online you can find a lot of information about the American market. Part of the reason why I’m creating this blog, is to give a better perspective for Europeans looking for information on how to invest your savings. As we all know, letting it collect dust in the bank is going backwards because of inflation.
I started investing after investigating many blogs, reading as much as I could, watching YouTube video’s and review websites. Before making your first investments I would advise you to do your research first. For me it took many evenings and weekends. And one big tip: diversify your money – spread across different investment strategies. In order of investments I’ll give my initial opinion in the following P2P Lending platforms, which are both Personal, as Business or Real Estate Loans.
Very straight forward and easy-to-use platform. As it was my first I didn’t want to wait for my 1k to be invested, so I put my auto invest into 13% and 14% loans. However as the platform is so big, I can advise to put your auto invest into 14% only. I only took loans in EUR, some other currencies might give even higher but do keep the exchange rate in mind.
P2P lending platforms, Crowdfunding, Business Loans and Real Estate passive income
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Investing with: Mintos
Investing with: Bondora
Investing with: Crowdestor
Investing with: Grupeer
Investing with: Envestio
Send currency international cheap via: TransferWise
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