nush
Member of DD Central
Posts: 396
Likes: 113
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Post by nush on Jan 4, 2016 23:30:02 GMT
less of a risk than shares, very small amounts in several loans, so spreading my investments as much as i can in this area, I think you should be aware that p2p is very risky compared to buying and holding shares for the long term. The riskiest part isn't the loans, it's the possibility of the p2p platform going out of business. and part of the reason P2P is only about 5% of my invstment
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Post by snappyfish on Jan 5, 2016 12:11:28 GMT
I still can't get my head straight on investing in saving stream, currently have a lot of money in there. Had one months interest come through which is nice and appealing but I dont like losing £1 let alone a £15k plus
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pom
Member of DD Central
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Post by pom on Jan 5, 2016 12:17:24 GMT
I still can't get my head straight on investing in saving stream, currently have a lot of money in there. Had one months interest come through which is nice and appealing but I dont like losing £1 let alone a £15k plus If you don't feel comfortable about it then you probably shouldn't be investing with them. Sooner or later you WILL have a loss somewhere - the only question is when/where/how much. Past performance is no guarantee of future etc etc
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ben
Posts: 2,020
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Post by ben on Jan 5, 2016 14:31:42 GMT
I still can't get my head straight on investing in saving stream, currently have a lot of money in there. Had one months interest come through which is nice and appealing but I dont like losing £1 let alone a £15k plus If it was guaranteed everyone would be doing it, you have to select what you are happy to potential lose, if you invest in a wide range and smaller loans in each one then if a few loans go wrong then you should still be ok. But as with everything the economy could crash and nobody wants the gin palace you have invested in
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