In a similar fashion as the previous Creditstar Bonds, I found no way to buy them as an individual. Could I buy them, would I have? Not.
I don't see anymore Creditstar/Lendermarket as a good risk/reward ratio, both because the yield is not that good, and because the risk is material. See the last Mors review about that. I'm not that pessimistic, but I prefer to stay away. I bet a few hundreds in the current 2% cashback campaign of Lendermarket, which is a decent substitute for the bonds, but that's just play money, and to be in the game.
My current non-bank portfolio is:
4Finance Bonds. The last ones I haven't sold. I don't even have a sell order, i just wait for them to mature in Q2 2022. As a reminder, I sold Mogo due to fear of bankruptcy, and happened to be wrong since they got better, but I bought those Bonds for so cheap in the Covid days that I still made a good profit out of them. I also sold all IuteCredit, this time to buy them back for less and cash-in the difference. It failed, I couldn't buy them back, but again, i exited with a good bonus.
Afranga/Stikcredit I see them like a Lendermaket with higher rates and better quality, presented in a Mintos-clone web app. Since no more good EUR bonds are below par, this is my new favorite P2P investment, and favorite EUR overall.
Nexo Nothing to declare, sir. Stable fixed 8% 3-month EUR term deposit. Mine matured, I rolled them over for 3 more months. They recently allowed USD (real ones) deposit, but it works the exact same way as stablecoins, same term and yield, just more complex to deposit and to withdraw through banks. Hence I advise not to use this feature, or go with stablecoins. And for stablecoins, you may find better yield. For EUR (real ones), they remain a solid option, I found no competitor to be even close.
Stablecoins Sure, I previously stated I never take any position on cryptos. I don't, at least I don't consider an USD stablecoin as a crypto position if that stablecoin is a good one (hard-backed like USDC, or overcollateralized like DAI). Forget the algorithmic ones like IRON or BDO. They are failures waiting to happen (or which already happened, BDO is now worth $0.08 and I predict a future price of zero). Yield got stabilized around 25-30% on all serious blockchains (Ethereum, BSC, Polygon, Heco...). Systemic risk is super, super high. For example Belt got aggressively arbitraged* for a whooping 60M USD, one the the biggest siphon ever, and I lost 1% of my total portfolio in the incident. But with 30% yield, I already recovered the loss from the interests. Compared to the Kuezal-grade investment P2P offers for 30% yield **, I still see it as a good playground. Again, I'm talking about USD stablecoin only. Rates can go up to zillions% on shitcoins, and those shitcoins can themselves rise by zillions% in one minute and make you rich, but that's off-topic. About EUR stablecoins, there're only two of them (EURS and SEUR), and they are too obscure for me.
* I don't call it hack because it was all about arbitrage and pricing logic, no insider or password leak involved. Hence why the loss is 60M only from a 1B portfolio. Nicehash (63M loss) or Meerkat (37M loss) where hack/insiders, for comparison, and the loss where 100% of their portfolio. ** Credits to ExploreP2P for having dug this one out.
Last time I chatted with Millionaire about our respective thousands of stuck Finko AM money, on his blog forum, he claimed to have recovered like half of it, while I received zero in one year. I cannot tell if he had a privilege as a blogger, got super fat lucky or it's untrue, but I stopped reading him after, and it looks I missed nothing since, as you state, he himself stopped posting.
4Finance Bonds Breaking news, they have started the process of extending the bonds to 2025, three more years! So I change my position and plan to sell them, probably around 101. Not because it's no longer a good plan, after all 101 is a very decent price for a 11.25%-3y bond, and they will drop a 1% bonus to previous holders as a compensation, but it's more a matter of principle. When I bought this bond it had a maturity of 2021, I'm not ready to have it extended forever.
Afranga/Stikcredit They are about to set-up a bonus offer with 18% loans instead of 16.4% An interesting way, compared to the usual cashback bonus. I'll probably arbitrage my 4Finance cash toward them if possible.
Mintos I forgot to list them previously. I closed all my positions except some Iute and Delfin, since the Iute Bond is too expensive and the Delfin one is not available. And I've thousands in Pending Payments waiting forever. So far Mintos is lowering their recovery target as time goes. Instead of 100% in three years for Finko AM for example, they recovered almost zero the first year and now target 70%. I bet it will turn into 30% in 2022 and 0% in 2023. I've already written off the money from my accounts and deduced the loss from other gains regarding taxation. If your country allows such, I advise to do the same, the tax reduction is probably higher than the net recovery you'd get, if any.
Stablecoins Everything changed in one week, including stablecoins... Yield suddenly dropped. The range of 25-30 is now rather in the 5-20, even the Centralized platforms are lowering their rates. It looks like nobody want to borrow dollars to buy bitcoins anymore.
This is done, I just sold my very last LO Bond, the 4Finance. The current price, which happens to be the post-covid high, is my trade. Will it go beyond? Probably at some point, but I don't care, I sold them not to be impacted by the new expiry extension, a matter of principle. Also, I didn't get the 1% extension bonus this time, no care, I'm gone.
I got involved into 3 different LO and sold for 3 different reasons at 3 different times: Mogo: Fear of bankruptcy, or at least of bad shape. I was wrong, Mogo went better, but I still made a good deal looking how low I bought it during Covid panic. IuteCredit: I wanted to sell high and buy back cheaper, later. I missed. This one, I've some regrets having sold but overall still made a decent benefit also from the discount and the high yield. 4Finance: See above.
I still have to think about were to re-invest the nominal. My candidates are: Nexo and their 8% term deposit, I consider super low risk (read: compared to LO and P2P lending, not Banks) but yield is mild. Afranga and their tasty 16% yield, exactly twice the yield, but I consider the risk very high too. Their perform well, but are so small, Nexo is like 100x larger... Lendermarket/Creditstar which are slowly but steadly increasing their quality with still good yield Maybe Mintos and the high-range LOs, which could lead me be back to Mogo and/or Iute? Some stablecoin lending? This would make me still more exposed to USD, I'd prefer to keep some EUR A new one like Moncera?