r00lish67
Member of DD Central
Posts: 2,691
Likes: 4,048
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Post by r00lish67 on Sept 28, 2018 9:50:01 GMT
For me the three rules of P2P investing are diversify, diversify, and diversify. But diversification requires a steady flow of new lending opportunities, and I’ve not seen that from MT for about 9 months now. So my returned funds are leaving MT. I find this situation disappointing because the platform and the people seemed to me to be of the best in P2P. But surely the same rule applies across platforms too i.e. provided you have faith in the platform itself, does it matter if you have just 1 or 2 investments on MT that are diversified by virtue of other P2P investments you hold elsewhere?
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Post by eascogo on Sept 28, 2018 12:15:09 GMT
For me the three rules of P2P investing are diversify, diversify, and diversify. But diversification requires a steady flow of new lending opportunities, and I’ve not seen that from MT for about 9 months now. So my returned funds are leaving MT. I find this situation disappointing because the platform and the people seemed to me to be of the best in P2P. I feel the same: best 12% platform. But I cannot diversify adequately in the present conditions so I accept the risks attached to overconcentration.
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