Nomad
Member of DD Central
Posts: 727 
Likes: 494
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Post by Nomad on Jun 14, 2017 17:05:40 GMT
Having recently withdrawn from a property purchase in Europe, I have a significant sum which I wish to invest in euros.
I am fairly risk averse.
Which proven euro P2P sites offer the most "conservative" investments with sound security?
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Post by buttchopf23 on Jun 14, 2017 17:10:55 GMT
Hi
Look at linked finance and lendix, they have a track record with very low default rates. But I don't know if p2p and fairly risk averse really match...
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Post by wiseclerk on Jun 14, 2017 22:01:28 GMT
I second that.
Might also look at Fellow Finance (low defaults on Finnish consumer loans - take better loan grades - but it is unsecured) and Estateguru (secured by property - so far no defaults)
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shimself
Member of DD Central
Posts: 2,561
Likes: 1,170
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Post by shimself on Jun 19, 2017 13:28:42 GMT
Hi Look at linked finance and lendix, they have a track record with very low default rates. But I don't know if p2p and fairly risk averse really match... No security on either of these (and imho not a safe bet, or at any rate cherry pick only)
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Post by kilozulu on Jun 19, 2017 19:19:52 GMT
Mintos is a good deal, if you choose buyback loans from established originators like Mogo.
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Post by buttchopf23 on Jun 19, 2017 20:08:07 GMT
Hi Look at linked finance and lendix, they have a track record with very low default rates. But I don't know if p2p and fairly risk averse really match... No security on either of these (and imho not a safe bet, or at any rate cherry pick only) I see a claim to a company's assets as something like a security (ltv? don't know). The low default rates give me at least some emotional security (in a non materialistic way). All my projects (31 at lendix) paid on time, no lates (same for linked finance). Time will tell if these rates persist (they did for longer periods already). Just my opinion, might be wrong at all.
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Post by thep2pinvestor on Jun 20, 2017 4:03:23 GMT
No security on either of these (and imho not a safe bet, or at any rate cherry pick only) I see a claim to a company's assets as something like a security (ltv? don't know). The low default rates give me at least some emotional security (in a non materialistic way). All my projects (31 at lendix) paid on time, no lates (same for linked finance). Time will tell if these rates persist (they did for longer periods already). Just my opinion, might be wrong at all. Butchopf, I support your view. I consider Linked Finance and Lendix as less risky than investing in BB guarantee loans on platforms like Mintos, Twino or Robocash. i have closed my position on Twino to reallocate to these 2 platforms. To be on the safe side though, you need a very broad diversification on Linked Finance and Lendix (my target is 200 loans) and that takes quiet a bit of time.
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