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Lendy


Kurt Barlow

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Kurt Barlow

Anyone doing this? 

I've just sunk 1500 into it to give it a go. At least you can still pick and choose investments unlike Funding Bank.

I'm not putting any more into P2P just redistributing a bit of cash from Zopa, Ratesetter and Funding Circle. 

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You just have to think about default risk. The economy appears to be softening with these 1000s of job losses coming up. Even if these people find another job, there will be a transition period where money will be tight. Mid Presidential cycle historically shows the next 12 months or so being weak.

Is the reward worth the risk?

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Kurt Barlow
20 minutes ago, 201p said:

You just have to think about default risk. The economy appears to be softening with these 1000s of job losses coming up. Even if these people find another job, there will be a transition period where money will be tight. Mid Presidential cycle historically shows the next 12 months or so being weak.

Is the reward worth the risk?

3000 is the sum I'm playing with. I have to pit that against getting 0.5% in my instant access savings account

I have made 50K on p2P since 2009 so am reasonable confident in weathering future storms. 

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Inoperational Bumblebee
On 23/03/2018 at 18:12, Kurt Barlow said:

I have made 50K on p2P since 2009 so am reasonable confident in weathering future storms. 

Nicely done!

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