Fellow users,
I'm thinking of creating a GLBSE asset to increase my current investment in peer-to-peer lending.
Honestly, I believe in P2P lending´s business model and see it as a low-medium risk investment.
My current P2P Lending investment status is roughly 3000EUR invested for 6 months with an equivalent ROI of around 12% a year before tax and discounting bankrupted loans (none, for now).
Veteran investors report steady 7% gains per year after commissions.
Key points:- Investments are made through an established, award-winning and several years old P2P lending web-based Spanish company and actual loans/returns are in Euros.
- It will pay regular dividends monthly.
- It is a low/medium risk proven business model (see Prosper, Lending Club or Zopa (UK).
- It will NOT compete with the (ridiculously risky?) pirate bonds and similar securities and not even the best mining securities (with questionably high profitability?).
- It is NOT a ponzi scheme.
What I's like to know is how the idea of investing in P2P lending through a GLBSE BTC asset sounds to the average BTC / GLBSE investor.
I'd very much appreciate feedback on the idea and your vote on the poll to get a feeling for the feasibility of this working out, GLBSE has too many assets sitting there that just didn't work out and I don't want to own one.
Please post your doubts, point out weak links and things you'd like to know if you were to invest. For sure I like to know EVERYTHING about any investment I make.
Thanks!
Miguel