The March 2020 monthly update is going to be very different to my usual updates. The fact is that things have changed substantially in the last month and my Peer to Peer investment strategy has switched from “income” to “capital protection & damage control”.
I’ve had several questions from readers asking my opinion on the current state of the economy due to the Coronavirus outbreak & what I’m doing with Peer to Peer lending. Plus a few questions about the securities & commodity market pullbacks and the craziness going on there. So rather than keep answering questions individually, …
Obvious Investor – COVID-19 & Investments Update Read More »
For February 2020, the Peer to Peer lending sector was again quiet. It seems the Coronavirus and the following securities market fallout got all the attention and P2P just ticked along in the background.
In January 2020, the GBP Peer to Peer lending sector was relativity quiet with no major announcements or platform news. Not so for the Euro lending platforms with no less than two of them going out of business and being labeled as “scams”. I’m not so sure I agree 100% with that notion as …
December 2019 was a relativity quiet month as far as P2P news is concerned, compared to the 3 preceding months anyway. The new FCA lending rules kicked in on December 9th, and Landbay stopped accepting retail investors (more on that later). My overall P2P income was up a little from November in both the GBP …
I have received several questions from readers about how I exchange & move currencies for investments in the Euro Peer to Peer lenders I invest with. So instead of continuing to answer the same questions over and over via email, I decided to write a quick post on the subject as it appears to be …
Huge changes happening with Peer to Peer platforms this month. Most of my biggest lending accounts (Assetz Capital, Lending Works, RateSetter) all reducing rates of return preceding the implementation of the new FCA lending rules coming on December 9th
Lot’s of exiting happenings with Peer to Peer platforms this month, including the Funding Secure collapse, and Funding Circle selling loans..
In September, income from the GBP Peer to Peer lending portfolio increased a little from last months £821.38 to £866.32. Funding Circle once again came in at a loss for the month because of default losses.
GBP Portfolio Overview In August 2019, income from the Peer to Peer Portfolio again took a small dip. The problem this time was all Funding Circle which once again hit my account with big default losses to the tune of £206.81. So instead of the usual £170+ income, I ended up with a …
