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Post by ines2017 on Jan 5, 2018 22:25:51 GMT
Hello, my name is Inês and I am Portuguese. I found this forum by chance and did not even know the P2P loans. After finding this forum I started looking for information through the forum and on the Internet but it is so much information that it becomes quite confusing for those who want to start. I have some doubts and hoped that you could help me: 1.Is there any ideal platform to start? 2. As I use Euros, is it advantageous to use platforms in other currencies? 3.How do I know the reputation of the platforms and if they are reliable? 4.Is it ideal to invest low / medium values on different platforms? 5. How many platforms do you think is ideal to invest in the first year for someone who is still learning? 6.Is there any resource that you advise me where I can learn more from? Thanks to all who respond and good investments  |
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317 
Likes: 893
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Post by JamesFrance on Jan 6, 2018 8:56:26 GMT
2. As I use Euros, is it advantageous to use platforms in other currencies? Unless you think another currency will have a large increase in value, you would probably be better off staying with Euros and spreading your money over several Euro platforms offering repayment guarantees. I use Pounds and Euros, but am running down my British P2P investments because over 4 years the profit from my Euro loans has been twice that of the ones in pounds on average, because of better interest rates and/or lower default losses. Have a look in the Euro loans section of the forum to see what people think of the various platforms.
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hazellend
Member of DD Central
Posts: 2,361
Likes: 2,179
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Post by hazellend on Jan 6, 2018 9:11:59 GMT
2. As I use Euros, is it advantageous to use platforms in other currencies? Unless you think another currency will have a large increase in value, you would probably be better off staying with Euros and spreading your money over several Euro platforms offering repayment guarantees. I use Pounds and Euros, but am running down my British P2P investments because over 4 years the profit from my Euro loans has been twice that of the ones in pounds on average, because of better interest rates and/or lower default losses. Have a look in the Euro loans section of the forum to see what people think of the various platforms. . I doubt your euro profits were double your pound ones. Where are you getting 25-30% in Europe?
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317
Likes: 893
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Post by JamesFrance on Jan 6, 2018 9:24:17 GMT
I am not, where are you getting 12.5 to 15% in the UK?
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hazellend
Member of DD Central
Posts: 2,361
Likes: 2,179
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Post by hazellend on Jan 6, 2018 9:30:02 GMT
I am not, where are you getting 12.5 to 15% in the UK? Most of the most popular sites on this forum
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317
Likes: 893
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Post by JamesFrance on Jan 6, 2018 10:27:08 GMT
I am not, where are you getting 12.5 to 15% in the UK? Most of the most popular sites on this forum You must be good at avoiding defaults or getting full recovery
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hazellend
Member of DD Central
Posts: 2,361
Likes: 2,179
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Post by hazellend on Jan 6, 2018 10:30:31 GMT
Most of the most popular sites on this forum You must be good at avoiding defaults or getting full recovery Maybe lucky more than good, most of the skill is just listening to the wise on this site.
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p2pmark
Member of DD Central
Posts: 217
Likes: 186
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Post by p2pmark on Jan 6, 2018 14:34:21 GMT
If you want to invest in Euro I suggest Mintos, especially if you use loans with buyback guarantees.
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Post by kilozulu on Jan 6, 2018 20:24:15 GMT
Hello, my name is Inês and I am Portuguese. I found this forum by chance and did not even know the P2P loans. After finding this forum I started looking for information through the forum and on the Internet but it is so much information that it becomes quite confusing for those who want to start. I have some doubts and hoped that you could help me: 1.Is there any ideal platform to start? 2. As I use Euros, is it advantageous to use platforms in other currencies? 3.How do I know the reputation of the platforms and if they are reliable? 4.Is it ideal to invest low / medium values on different platforms? 5. How many platforms do you think is ideal to invest in the first year for someone who is still learning? 6.Is there any resource that you advise me where I can learn more from? Thanks to all who respond and good investments Mintos is the platform to start at. It is the biggest EUR platform in Europe, and most profitable between the decent ones. Just keep to "Buyback guaranteed" loans, the non-guaranteed ones do not have rates justifiying the extra risk.
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Post by ines2017 on Jan 7, 2018 14:56:45 GMT
I will take a look at Mintos. Thank you |
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