Thanks GQ!
You are absolutely right. A long post that I wanted to avoid…
It is extremely difficult to address a full portfolio view in a serious manner.
The focus on P2P is based on the amount of effort required to keep myself informed on what is happening with this particular asset class and sharing that with others. With the limited amount of time I currently have even if my aspirations for the blog go over P2P I don’t have the capacity to do it.
Warm regards and stay safe as well.

Hi Ev,
The best way is to join this telegram group: https://t.me/fiarmada
You will find other investors sharing information to protect their investments.
All the best!

Thanks Dan for your comment.
As investors we always expect the worst after a bad experience.
Clearly everyone needs to keep calm, assess the situation and act accordingly.
I’m just hoping to decrease my personal levels of anxiety with my P2P investments these days. 🙂

https://m.facebook.com/groups/328735561637707

Thanks Vaps!
Only aggregating the work of others. 😉

Hi Marek,
Thank you for your comments.
You are right! You need to consider the tax implications. However, I personally don’t use iban as an investment tool, but as a short term resource allocation with small interest when you need to have funds available to be moved in a few days. Full liquidity while earning a little interest.
You can also consider that from time to time, iban offers extra interest that can help to overcome the inflation and tax burden. 🙂
Have a great 2020!
Carlos

Hi John,
Thank you for your comment.
In fact, they work with loan originators from all around the world.
I’m asking them for a full list of loan originators. I always prefer to know this. Until the moment they didn’t publish the data.

Since it was founded the business model changed in a significant way. Let me share my understanding of their public statements.
Considering that iban Wallet accounts offer a fixed interest rate (quite low in fact), regardless of the amount, term and investments made on loans, it makes sense that this P2P lending company is capable of offering multiple protections to its investors. This means that they can loan your money to a diversified group of borrowers from lower risk to higher risk and even with a potentially high level of default answer to any payment request by actual clients in the platform.

Example: you deposit your money. After 1 year you should receive 2.5%, right? And if they lend your money at a 10% interest rate to a borrower in Asia? This means that you are making your 2.5%, and if the borrower pays, they will make 7.5% in interest from your money… more than enough to cover potential losses from other deals, right?

I will continue to ask for the loan originators and for a clear publication on the blog about this subject.
It is especially important that they come forward with this information to the general public that are not aware of what is P2P lending.

For the moment I’m quite happy with the performance of my account, but watchful of any potential issues.
What do you think of my rationale?
Happy to have your opinion.
Carlos