In this post, I am going to share what got me interested in the two platforms in the first place, my experience so far, how I set up my AutoInvest and what I think both could improve.
It’s time for my latest P2P lending income update, this time for the month of September 2019!
As always, I am going to show you exactly how much I invested on each peer to peer lending platform, my deposits and my returns for the month.
Interest rates have sharply dropped since around mid July on Mintos, the platform with the largest allocation in my P2P portfolio. As a result, in this post I would like to talk about some Mintos alternatives that are still offering higher interest rates and show you where I’ve added more funds recently.
In addition, I thought it would be interesting to ask my good friend Bernhard Hummel, who has over 153.000€ invested in P2P lending and more experience than me in the market, about his opinion. You’ll find out what he’s doing in this situation and what he would do as an investor looking for alternatives to Mintos right now.
I would like to point out that this Grupeer review is unbiased and based solely on my personal experience investing my own money on the P2P lending platform over the past 7 months.
As usual, I am going to be fully transparent about the amount I invested, my returns and the cashflow my Grupeer account is currently generating for me each month.