Mintos created a new investment product that will come online on June 10th. It caters to investors who don’t want to deal with setting investment strategies or with the p2p loan market in general. In this way, it can be seen as a direct competitor to Bondora’s Go&Grow. It’s not only the name that bears some resemblance….
So, what does Invest&Access do? Instead of reading a lengthy article, just lean back and let me explain in a video:
Continue reading “Mintos Invest&Access: their answer to Bondora Go&Grow”
The month of May is almost over and finally brought sun and warmth to Germany and an enjoyable profit to my portfolio. The extensive shuffling of investment platforms and reallocation of my cash brought the expected result: my monthly profit climbed by almost 23% to a new high of 426 EUR.
Continue reading “My investment portfolio in May”
Check out the newest addition to my investment portfolio: CoinLoan
CoinLoan let’s you create your own loan offers with full control over the loan conditions like interest rate and loan duration. The loans are fully secured by a crypto currency collateral that the borrower has to provide to CoinLoan.
Read more in my review.
Check out the newest addition to my investment portfolio: Crowdestor
Crowdestor let’s you invest into business and real estate loans with high interest rates. All loans are protected by a buyback fund.
Read more in my review.
Many people are quite hesitant or even annoyed when it comes to thinking about what to do with their savings. I get it: most of us already spend a lot of time in our respective jobs to earn money. As a consequence, we are not really willing to spend even more time to consider what to do with that money. Gathering information about investment opportunities takes a lot of time and numbers are boring anyway.
I suppose this is why blogs like this one exist. To provide condensed information, to show how the investments work and, most importantly, that they return a profit.
In the spirit of passive income the time spent for making investments should be minimized. The money that we spent so much time on earning is supposed to work for us with minimal effort from our side.
As with most things there is a certain relationship between the effort that we take and the profit that we make. Of course, this is also true for financial matters. So, here are my thoughts about 3 possible investment strategies that can give you a certain revenue based on the effort you’re willing to make.
Continue reading “Profit versus Effort: 3 investment strategies”