Hi guys!
I've been looking to invest in on P2P-platforms as they often (or always in these interest rate-environments) have higher returns than a regular bank account. But, I have a nagging feeling that markets will take a turn for the worse in the coming year. The reasoning behind this is that I think the quantitative easing and low interest rates have created artificial growth, which will make markets explode.
Now to my question - I have been looking through the databases from U.S platform Lending Club (
https://www.lendingclub.com/), and there quite a share of loans which are "high risk", how will these fare in a potential downturn? High defaults? The platform I plan to invest with is a swedish player called Lendify
https://www.lendify.se/, but they don't release databases over lenders, so I'm not sure how many of their loans are "high-risk". Could you tell if these are "safe bets" in any way?
What do you think? Is this safe for a market downturn? I'm a total noob with regards to this, so i appreciate all feedback on my reasoning!
Thank you in advance!
