@antoniomc27 said in [Poll] P2P Investors, how 🌍 geographically diversified are you?:
Equally, Trump has repeatedly complained the US dollar is too strong. Doing any investment into USD now might get you a 5% currency loss in the near future.
Damn!! Was looking to finally diversify into US stocks, not a good time?
@jonhan thanks for the sharing. I concur with you. Feel that every borrowers should be given a chance even with their short credit history
History does not equate to the future, even listed and government supported companies (E. G hyflux incident) can be wrong.
I did study loans and take note of late repayment and the reasons and attitude of borrower.
I just don't mind put more to support prompt or early repayment. (not that I have much...)
Will take note of your number games
Huge thanks to @ringgitohringgit for starting this thread (how has it been almost 2 years!?), and to everyone who's chimed in thus far!
You may also explore these threads and discussions in the community which contain more tips:
Setting appropriate goals in P2P investing
Success metrics in P2P investing/financing/crowdfunding
Experiencing default notes
Sharing and comparing of returns from P2P investing
How we expect the P2P investing/financing space to be impacted during a financial crisis
@tckw93 they will do a remittance from their CIMB account to the bank account of your choice. Did not try yet but I got to talk with the Head of P2P and Indonesian Account Manager on this. Will give feedback when actually performing it.
@pollythel nothing spectacular at the time of China's growth, there were plenty of better opportunities. But nevertheless, it was quite meaningful as we saw in person how such little money when used efficiently pulls people out of poverty.
I believe that was a step in the right direction, but because it was not as profitable, I don't think it's feasible in other places as governments do not have the political will to pull their people out of poverty.
Another Originator in trouble.
Rapido was one it the lowest scorers (16 out of 100) in ExploreP2P’s own ratings.
@cheerycards Ireland has boosted tremendously its economy by becoming a tax haven for Big Tech. A very questionable move that myself as European citizen do not approve.
If EU implements this, and generally they shove down these American companies throat a community-wide hostile policy, expect the Irish economy to become the #1 collateral damage (because they comparatively have 'too much skin in the game. Just google the thousands of jobs each of the big tech companies have in Dublin!!)
That said, I know next to nothing about other aspects of Irish economy.
@interesting said in Judicial management:
Why do these (relatively small) matters concern the minister for finance?
Maybe that is applicable for cases where the public impact of judicial management is widespread? Again i'm just speculating here as I do not have first hand knowledge of this so asking for collective input :)
@motan said in P2P Lending in Hong Kong?:
looks like all these platforms lend only and do not borrow from investors , for what I know there are no real p2p platforms in Hong Kong.
@chekmeng no, it is equally possible for a business note platform too. When a big recession hits, bankruptcies happen across the board, whether you are an individual that lost his job, or a company that sees revenue decline and falls into the red.