Creating a Win-Win Situation for Your Money
Today, on the Prosperity Podcast, Todd Strobel and Kim D.H. Butler discuss peer-to-peer lending. In this episode, Kim speaks to the several advantages of P2P lending, for both investor and borrower. Todd lays out a few statistics regarding P2P lending and how these numbers compare to other ways of investing. Finally, they explain the potential dangers of P2P and how to utilize it in your portfolio.
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[2:22] From the Investor POV
[5:15] From the Borrower POV
[6:52] P2P Lending Statistics
[10:14] Spreading Out Your Investments
[12:45] P2P as a Learning Tool
[15:22] P2P in Your Portfolio
[17:17] Beware of the Bank Players
[17:59] Financial Planning Has Failed
Tweetables:Prosperity Economic Advisors seek win-win investments. With peer-to-peer lending, you get a lender and borrow both winning. Click To Tweet The more people that want to lend you money, the more competition to give you that loan, the lower your interest rate tends to be. Click To Tweet P2P Lending is almost like a mutual fund. You pick a category or parameters for what you want to invest your money in before you dive in. Click To Tweet
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