Welcome to my P2P lending income update for the month of August 2019! As usual, I’ll give you a detailed look at my peer to peer investments and returns for last month.
While August has been a beautiful month for the most part, I want to be fully transparent with you also when things don’t go as planned…
I recently made two new additions to my P2P portfolio, Monethera and Wisefund. I was intrigued by the high interest rates of up to 21% per year, combined with the buyback guarantee.
However, since both Monethera and Wisefund are still very young, I decided to only invest 500€ into each for now. Before I consider increasing my investments there, I would first like to see if interest as well as principal payments arrive on time.
In this short post, I’m going to share my early impressions and my experience so far.