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Anonymous

27 Aug 2020

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General Investing

Hi, I have about $5k spare cash after putting aside emergency funds?

Hi, I have about $5k spare cash after putting aside emergency funds and are invested in Roboadvisors through DCA . I came across Seedin, a P2P with good reviews. Is it really as good as it sounds?

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YT

27 Aug 2020

SeedIn charges lesser fees compared to its competitors on interest received and is one of two crowdfunding investing platforms that offers secured and unsecured investment opportunities. However, the investment opportunities are available to maximum 12 months and there will be frequent reinvestments should you choose to continue. Additionally, the application process, which includes significant documentation and a suitability test, appears to be more burdensome than other P2P/Crowdfunding investment platforms.

If you are looking at a long term investment, this may not be very suitable for you.

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