Dionysius Ang

Aerospace Engineering at Nanyang Technological University

07 Jun 2019

∙

General Investing

Can i know where to start to read to understand the financial statement of a company? Confused by the wording used in P2P lending?

I started to invest in P2P lending recently, motivated to take action ever since the seedly personal finance talk. It would be greatly appreciated if someone could point me to some resources to understand the financial health of a company through the financial statement! :D

Thank you in advance.

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03 Nov 2022

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Alex Chua

07 Jun 2019

Seedly student Ambassador 2020/21 at Seedly

Most informations about educating to read the factsheet of the campaign can be found on the blog or Q&A of the p2p platforms. Different platforms have different way of distributing information of the campaigns. I can only comment about funding societies as I have 4 months of experience with it. Informative factsheet and good management team (https://blog.fundingsocieties.com/investments/u...)

Coassets have a good reputation, and almost 0 defaults, listed in Australia (do your research)

Mininterest includes personality profile of the borrower for the campaign. In regard to company info, Google.

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Hello, I just started Investing recently and I'm quite confused with the company financial statement. So, how we supposed to do a fundamental analysis? and choose the company we wanted to invest?

Anyone knows where to download "Financial Questionaire Fact Finding" templates that has similar context to those from the insurance companies commonly used by FAs during the financial planning phase?

Let's say financial crisis hits, 90% of P2P loans default. Will the p2p lending company be liable for anything or they are free from any responsibility or liability to investors?

For layman on the street who doesn't know how to read financial statements, how to avoid another Hyflux type of incident? ?

I am at my mid 20s, I am confused with little savings, minimal knowledge about money. May I know how to start to build a solid finance foundation and hopefully become financially free one day. ?