destie
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Post by destie on Jan 6, 2017 8:55:02 GMT
Hy everyone,
Yesterday I started with Estateguru and I transferred a small capital (<= 1000 euro). I always apply a learning period (minimal 100 days) before investing a higher capital. Estateguru is very different from other platforms where I currently in invest (Twino, Mintos, Viventor, Bondora)
Do you guys have any (newbie) advice? How do you select the projects, which elements do you take into account, for investing. I noticed that the offer of projects is rather limited, how quick are projects filled? Is the offer volume big enough? Which strategy do you apply (50 euro in each project, or higher amounts in fewer projects)? ...
Thanks!!!
Destie
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destie
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Post by destie on Dec 23, 2016 9:11:31 GMT
Red_panda, I fully agree with you.
After my 100 days experience, I'm only quitting Bondora (with a long term exit strategy). I'm fairly new in P2P investing and still learning. I'm even now looking into other platforms to expand my platform-portfolio. My first thoughts were Investly and Estateguru.
But you have to find a good balance between the platform risk and the minimal investment in a loan, which is often minimal 10 euros so often your returns can not be directly reinvested. No investment = no return.
Does anyone ever calculate the capital you need and the volume of loan you must invest to receive each day a return of 10 euro? That could be interesting to maximize your returns.
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destie
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Post by destie on Dec 22, 2016 9:15:54 GMT
Hy guys
I wanted to share my P2P Euro experience.
On 13/09/2016 I started with a small capital investing, 2000 euros, into 4 different platform: And after 100 days, I have made my conclusions and this is the result: Bondora, 515.46 Twino, 514.81 Mintos, 512.79 Viventor, 507
Twino: The winner for me!!!! A high return with buy back guarantee. Especially the quick buyback, after 30 days, has led to better results in comparison with Mintos. But in overall a good platform, auto invest work correctly, loan offer is excellent, …
Mintos: Second place, also good return but the buyback is after 60 days. So your cash is longer unavailable. You can see this if you compare the results of Twino and Mintos, (515 vs 513). Still a good place to invest if you want to diversify (platform risk).
Viventor: The offer of loans is/was too low, so my capital was often doing nothing! Also promised returns are maxed to 12%, so Twino and Mintos are better, they give higher return with also a buyback. I only recommend Viventor if you want to diversify you P2P portfolio (platform risk).
Bondora: I’m the most disappointed in this platform, despite it gave me (for the moment) the highest return. But you have to take everything into account; at this moment my potential loss on principal of outstanding loans is 125 euro. (Twino, Mintos and Viventor = ZERO). So currently I don’t believe I will have a return at the end.
First of all, for the level of risk you take as an investor with Bondora the return should be much higher! Twino’s return (with buyback) is currently about 11% and Bondora’s return (without buyback) is 11,30%. The difference in return is marginal but the difference in risk is immense! Secondly the Debt servicing cost – issue. You can really find a lot of information about this issue. My conclusion, it sucks and it is not in the interest of the investor. Bondora should really reconsider their set up and at least guarantee your principal. For the moment Bondora fails to grasp the point of view of an investor. You really have the feeling, they don’t care.
My conclusion of Bondora, I stopped the portfolio manager and I’m looking for a different platform (investly, estateguru, swaper, …). I won’t recommend this platform. On a side note, the day after I stopped the portfolio manager, Bondora called me and asked me the reasons, I explained the situation. Let me say, it was very silent on the other side of the phone after my explanation.
I hope to find other reviews like this, for other platforms. I'm now serious looking into investly and estateguru for expanding my P2P Portfolio.
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destie
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Post by destie on Nov 14, 2016 15:03:11 GMT
Hi
Bondora has currenctly a refer a friend program.
Who has experience with this and do you receive the promised returns?
Thanks
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