ukinvestor
Member of DD Central
Posts: 116
Likes: 34
|
Post by ukinvestor on May 5, 2021 9:42:50 GMT
What a surprise...on other platforms we're talking about reducing the minimum investment...
Is this a good thing or a bad thing?
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,840 
Likes: 11,068
|
Post by ilmoro on May 5, 2021 10:04:27 GMT
What a surprise...on other platforms we're talking about reducing the minimum investment... Is this a good thing or a bad thing? Depends on your point of view. Obviously for the platform good as it cuts costs etc. For the investors, probably bad. Unless it is going to be accompanied by a move into larger loans it will hamper diversification, increase risk and probably lead to significant exodus of funds as a result (difficult enough to avoid cash drag as it is) So it seems LLI have two months to establish what their offer is going to be and whether it has any prospect of scale.
|
|
