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Post by wiseclerk on Jun 9, 2019 8:21:30 GMT
The product will be launched tomorrow. But is has been unveiled at a conference on Friday
You can read what it is here and also my take on it
I don't think many of the existing investors will switch to it but I think it might be popular for newbies.
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Post by geldregiertdiewelt on Jun 9, 2019 10:42:02 GMT
If it's really 11,98 %, like indicated here www.mintos.com/en/invest/invest-and-access-about/ and if they can do this without accumulating cluster risks, then IMO it's not just for starters. As long as you seriously care about diversification, this is also what you will achieve with experienced autoinvest settings. Everything beyond means you're taking too much risk and are not prepared for a downturn. Let's study the fineprint and then decide! |
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Post by geldregiertdiewelt on Jun 9, 2019 13:01:21 GMT
...
You can read what it is here and also my take on it
I don't think many of the existing investors will switch to it but I think it might be popular for newbies.
Thank you for your coverage, as always. I think there is one more important detail: The introduction of Invest & Access also means that Mintos draws the attention and responsibility for the functioning of the underlying investment idea away from the loan originators to themselves. Mintos is no longer just a marketplace where the investor has to find orientation and make decisions. They are increasingly putting their own competence and brand in the foreground. This has already started with the introduction of loan originator ratings. I hope and think that this confirms that Mintos trust in their originators and in the tools Mintos are using to monitor them. It also makes the loan originators more dependent on Mintos, because investors will now more and more have the impression he/she trusts and invests in Mintos, while the originators disappear in the wing. So, of course we experienced investors think we can all do it better, but I’m pretty sure that what Mintos is doing here is a pretty smart move towards establishing themselves as a one-stop investment shop.
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Post by boxhamster on Jul 4, 2019 9:13:01 GMT
I think this looks interesting. Having dabbled with Mintos now for a few months it is actually not so easy to fully understand and will take time. Currently I achieve 11.73% with my auto-invest strategy and I still feel like "damn, have I selected a bad loan originator? Do I have some bad loans?". This new Invest & Access could take that a bit away, at a potentially better return.
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benaj
Member of DD Central
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Post by benaj on Jul 4, 2019 11:21:11 GMT
I haven't tried the Invest and Access yet. My EUR investment weighted average interest rate is 13.6+%, but the XIRR is just 11.67%.
So, it will be interesting to see what the XIRR would be if Invest and Access weighted average interest rate is 12.4%.
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Post by rahafoorum on Jul 4, 2019 18:13:31 GMT
I think this looks interesting. Having dabbled with Mintos now for a few months it is actually not so easy to fully understand and will take time. Currently I achieve 11.73% with my auto-invest strategy and I still feel like "damn, have I selected a bad loan originator? Do I have some bad loans?". This new Invest & Access could take that a bit away, at a potentially better return. You do realize that this I&A simply puts your money into every originator that has a buyback guarantee? You'll get higher return, because you're investing into riskier loans. If the interest rate is the only thing you're concerned with, you can invest into the crappier originators on your own as well.
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