Harmoney

[icyfire]

Index funds like Smartshares ETFs have been around for over 10 years so they are time tested. Only time will tell if Harmoney's gamified platform is a good way to invest your hard earned money. The jury is still out.

[RMJH]

Index funds like Smartshares ETFs have been around for over 10 years so they are time tested. Only time will tell if Harmoney's gamified platform is a good way to invest your hard earned money. The jury is still out.

Zopa was founded in 2004. The book has never posted a loss. P2P is very much like credit card debt (or other consumer finance). Should fare well in a recession if properly diversified but you never know....

[myles]

Index funds like Smartshares ETFs have been around for over 10 years so they are time tested.

You seem to have completely missed the point. I'll not persist.

[myles]

Other (lego... lol) - $1.53

Awesome investment

$50 in Shares + $10 in P2P + $40 Cash ('high' interest - in motion - FX -> NZD on up-cycles - where to put it???)

Got to get me some lego!

[alistar_mid]

Awesome investment

$50 in Shares + $10 in P2P + $40 Cash ('high' interest - in motion - FX -> NZD on up-cycles - where to put it???)

Got to get me some lego!

haha, well I'm a big star wars fan and loved lego as a kid, so I started buying them to mess round with. Soon noticed there was a real community around it with the rarer sets going for multiples of what they came out at.

So now that I have the means, I usually buy up 2 of every set that comes out - always trying to get it on the cheap (20% warehouse pre x mas toy sale + 20% shareholder discount combined for 36% off ftw).

Soon realised I had a tonne of lego, so added it to the balance sheet!

[whitt]

20170706_154131.jpg
Mine took 6 to 9 months to level off also.
Note the dip was first lot of arrears

[myles]

Thanks Whitt - those graphs tell a great story for newbies.

On a completely different topic: bankruptcies - could they become the bane of P2P lending?

Baby boomers struggling financially

[icyfire]

Seven signs Australia can't avoid economic apocalypse. Let's hope this dude is wrong

[alistar_mid]

Seven signs Australia can't avoid economic apocalypse. Let's hope this dude is wrong

meh not worried at all it only scored 19% on RT

7th.JPG

[alistar_mid]

Also, kinda getting pissed at all these defaults now. Almost a year in, still less than 1% and I'm sure my weighted average annual default rate > 1%

Attachment 8975


All my defaults are grade E's