How Safe Is Peer-to-Peer Lending? An Unbiased View About Risks and How to Mitigate Them

How Safe Is Peer-to-Peer Lending? An Unbiased View About Risks and How to Mitigate Them

There is so much debate around how safe is peer to peer lending with advocates on both sides. People either say is just crap and shady or that there is nothing to worry about, while others don’t even think about risks when making their first investment, being “brainwashed” by the high returns.

Let me tell you a story about the ones that are totally ignoring risks.

Last year, in November, I was doing my first presentation on peer to peer lending (and actually my first presentation in the front of a large audience – pretty scary stuff!). After the presentation, a few from the public approached me to share their experiences with P2P and ask me a few extra questions.

Guess what happened?

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Do We Really Wanna Win the Lottery?

Do We Really Wanna Win the Lottery?

It’s a question most of you won’t even blink and answer a big YES.

But why questioning this? Are you drunk or something, Marius??

No, not really 🙂 My point is to try to understand what truly makes us happy, and how money can affect our lives, for the better or worse.

Winning such a big amount of money will be a shock for anyone. You most probably won’t know how to manage them in a smart way, so you’ll just default to desires.

You see, the human nature makes us always crave for things we don’t have and dream about. You’ll always want latest phone, better car, bigger house and so on.

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What Is Peer-to-Peer Lending?

What Is Peer-to-Peer Lending?

Hello there, and welcome!

As I was saying above, this is the first blog post of a series where I am going to share my experience with investing in peer to peer lending, and the focus will be on European platforms.

If you already have good knowledge of what peer to peer lending is, then it will probably save you time skipping this post, and wait for the next one, where I will dive deep in the subject, as I am going to start talking about platforms, give you great tips, share strategies, and you know, all the goodies. Otherwise, carry on the reading.

I have started to invest in peer to peer lending in September 2017, and it has been a fun ride since then. I have had successes and also failures, I’ve made good money, but I have also lost some of them (not a lot, but a loss is a loss).

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