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Post by buttchopf23 on Jul 18, 2016 15:26:04 GMT
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p2pmaster
investment is life.
Posts: 128
Likes: 54
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Post by p2pmaster on Jul 19, 2016 6:34:44 GMT
LTV based on liquidation value (sale within 6 months)?
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Post by littleinvestor on Jul 19, 2016 13:31:21 GMT
I don't buy it at 8% without buyback - too high risk return imo
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Post by buttchopf23 on Jul 19, 2016 13:36:10 GMT
I wouldn't buy it even with buyback at 8%
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p2pmaster
investment is life.
Posts: 128
Likes: 54
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Post by p2pmaster on Jul 19, 2016 14:42:51 GMT
If there is a zero default rate or recovery is equal to 100%, then I am good with 8% without buyback guarantee. I have read that platform risk is partly mitigated via legal arrangement with leading law firm.
But I see the risk of rising interest rates and being lock-up for 10 years with the investment.
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Post by extremis on Jul 20, 2016 8:28:31 GMT
There is no such thing as risk-free investment. Kredito garantas may issue low risk loans, and Mintos are serious about their business taking all necessary steps to mitigate platform risk, but in the end of the day some risk still remains. IMHO, P2P will always be more risky than putting the money in a safe bank, and 8% interest rate is far too low to be attractive. I mean, there are other Loan Originators at Mintos (e.g. Creamfinance, Banknote) that still offer buy-back guarantee at higher rates (not to mention other platforms).
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Post by buttchopf23 on Jul 20, 2016 9:14:58 GMT
Agreed. Even the most secure government bonds have some risks associated, although finance in theory calculates with their yield as risk-free
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Post by saraph on Jul 20, 2016 13:06:43 GMT
The amounts available for investment on these loans pretty much speak for themselves.
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Post by buttchopf23 on Jul 20, 2016 17:45:31 GMT
The amounts available for investment on these loans pretty much speak for themselves. It takes longer, but they are still bought, although sometimes partially.
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