What to invest in for funding society? - Seedly
Seedly logo
Seedly logo
Ā 

Investments

P2P Lending

Funding Societies

Anonymous

Asked on 09 Jul 2019

What to invest in for funding society?

There are so many to choose from, how do I know which to choose?

0 comments

3 answers

Answer Now

Answers (3)

Sort By

I guess you should look at how much you are willing to risk for the return (high risk high return) aka, your risk appetite.

You can try to look at the financial report of the company provided as well to understand if they are strong financially.

0 comments

šŸ‘ 0
Alex Chua
Alex Chua, Pcme at Anderson Junior College
Level 6. Master
Answered on 20 Jul 2019

Hi.

1.Set up your auto invest function. There are guide in funding societies help Centre. This will guarantee your allocation of your desired loans.

2.learn to read fact sheet. There are guide in their blog or forums. Crowdfundtalks.com

  1. Remember to divest. You can just invest on every loans and /or borrower but spread it equally. E. G $20 loans each with your $1000deposit

0 comments

šŸ‘ 0
Kenneth Lou
Kenneth Lou, Co-founder at Seedly
Level 9. God of Wisdom
Answered on 10 Jul 2019

Hi friend! Personally I setup the auto invest function, which is really quite easy to use. You can set up the auto invest function with $100 per deal and they will automatically help you put money into each selection of loans when they appear.

I would suggest if you are also not comfortable with certain sectors you can remove them from the check box, pretty straightforward!

0 comments

šŸ‘ 0