@kaeley-wn said in [Poll] How much of your liquid net investments (excluding pension) is in P2P?:
@allen Hey Allen! Welcome to the community 🎉
Thank you for raising these clarification questions! It's pertaining to your total amount of investments. Also, agree that P2P is relatively illiquid, especially so for investments in the loans with longer tenures. The aim of the question is to find out the extent to which you're allocating your accessible funds to P2P! Hope this clarifies :)
Agree that P2P is illiquid, even for the shorter tenures. Unless we can trade our loan parts within a secondary market.
@alex-chua-cheng-en Hey there Alex! We've just done up a post on 1.1.2: Malaysian P2P platforms which are open to foreign investors. You can check it out here!
Within the coming week, you can expect to also see an overview of factors affecting returns, which is the second part of this series!
@kelvinteo wow you've answered all. Thank you. It shows that you are really humble. Actually, I googled you hence asking if you want to be famous :) Maybe Kelvin Teo in Wikipedia is a different person. hehehe
This would be what I will do as well.
I add in one more PD (%) with my total loans amount to provide a provision for any chances of default.
example pd is 1% and a total loan amount of say 10,000, i would provide a provision of around $100 in case of defaults.
May not be the most accurate but at least I have a rough gauge how much i need to provide for write off.
@gaudente said in Mintos referral campaign:
Mintos referral campaign is reopening until 22 October.
Bonus will be 0.75% My referral link is still the same www.mintos.com/en/ref/GVPH71
campaign reopened until 3rd December , same bonus and referral code.
My name is Abhishek. I'm currently pursuing my MBA in General Management at Nanyang Technological University, Singapore and just joined Funding Societies today as a Product Intern.
Looking forward to learning more about the intriguing field of crowdfunding and alternative investing from this forum!
On a general note, here are some referral links to some of the platforms above, and an explanation of what reward each referrer/referred gets:
My Code, to be used during registration: U027595
This referral program is quite unfair, offering 1% of the funds invested during the 3 first months ONLY to the referrer. To make it fair, I propose I bank you 0.5% so we both get 0.5% of the invested funds
Reward: 5 EUR + 0.5% of the funds invested for both.
0.5% of the funds invested during the next 3 months of opening the account for both.
0.75% of the funds invested during the first 3 months for both
Referral income is paid for all investments made within 6 months by users, registered by following your referral link. The time period is calculated from the moment of user’s registration on Grupeer Platform.
Referral income depends on the term for which the investment is made:
• investments for a period up to 3 months : referral income 0.50% of the investment;
• investments for a period from 3 up to 6 months: referral income 0.70% of the investment;
• investments for a period from 6 up to 9 months: referral income 1.00% of the investment;
• investments for a period from 9 up to 12 months: referral income 1.00% of the investment;
• investments for a period more than 12 months : referral income 1.25% of the investment.
Hey everyone! For the people who still have some leftover questions, @kelvinteo is doing another AMA soon. Please tune in.