If anyone investing in P2P investments? Sound like the interest rate is pretty good than FD. How reliable is it? - Seedly
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Anonymous

Asked 3w ago

If anyone investing in P2P investments? Sound like the interest rate is pretty good than FD. How reliable is it?

Please share your thoughts, thanks!

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I've tried Funding Societies from 2017 till date and I reinvested my returns.

I've got 21.7% in returns in the span of three years, roughly 7% p.a.

But keep in mind that some companies may declare bankrupt thus, FS won't be pursuing to recover the money.

I've lost 8 investments out of 125. This also depends on how much you're putting into the companies.

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Jing Wei
Jing Wei

2w ago

Woah that’s 6.4% default rate. btw does your 7%pa return include the losses?
Syeikh Asyraf
Syeikh Asyraf

2w ago

After minusing losses
Thank You!
Can you clarify
I wonder if
This is so helpful 👍
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