Was just googling P2P investing, and before the platforms even showed up, StashAway and Saxo showed up first in the form of ads.
Just curious, is such competitor targeting using AdWords legal though?
Good news, we don't have to completely make do with "NEW"ater lol.
@vamsi7 yes. Just to reiterate. In P2P, you make a bet on a certain sector of SME borrowers. Like a market following stock index, You ride the ups and downs of the economic cycle. Of course you only get this effect when fully diversified.
This mindset is less stressful than individually watching each loan’s performance. That said, there are people who want to beat the market. But are non-Bankers with very little info capable of doing it?
Solid explanation, very much agreed.
Interesting topic @chekmeng, but I honestly think it's hard to determine any direct impact on the P2P industry apart from @motan's points. To add on, assuming a global slowdown and hence the tendency towards a recession, businesses might take on loans which are of higher risk, delinquents and defaults may increase. But hopefully this will be well compensated for in high interest rates! I think maybe some investors, the ones more risk averse, would stay away from those high-risk loans. Would you?
I'm a crypto newbie with holdings only on Coinbase, where have some BTC and XRP.
^^ earlier this month XRP/SGD trading pair was introduced to Binance Sg. I got excited because I thought I could finally enter Binance hassle-free, using SGD to buy XRP straight.
Turns out they are actually different entities. You have to register with Xfers first for Binance Sg. Good thing is that fees (0.6% if you buy using your Xfers wallet + withdrawal fees) are lower than Coinbase's though!
Is anyone on Binance Sg? Is it worthwhile?
More than 50% because P2P is my first investment vehicle tbh. Hm anyone else investing in P2P alone?
It's only a matter of time before the point / payment system for riders is rolled out.
i'm interested in gojek's current strategy. i heard from a driver for gojek that they are giving out $310 incentives every day for drivers who accumulate 20 points per day. 1 point for 1 ride, 1.5 points for 1 peak-hour ride.
however, gojek has restricted areas of operation. still can't take gojek in some western parts of Singapore. any thoughts on why they are doing this?
Perhaps to build anticipation and concurrently use that data set to make more data-driven decisions before rolling it out across the whole island?
@limjimmy Thanks a lot! looks like a lucrative investment.
What are the risks? When can you lose money? and how much?
They also have retail clients like myself, who purchase art piece(s), which will be leased out to corporations and earn rental income out of it.
Do you have to buy the whole piece yourself? Can you buy like a portion of the investment into an art piece?
Had that question too. They should totally try crowdfunding this? Most of the art pieces are valued at least SGD20,000, so the people they can reach & thus the volume they can support is limited. Unless the big ticket investors have immense trust in this field to buy many pieces hmm.
@alex-chua-c-e bank creditors? How does this allow the buyback guarantee?
Looks like your connection to Crowdfund Talks | A Community for P2P Lending & Alternative Investments was lost, please wait while we try to reconnect.