Looking at the recent scams an Kuetzal and Envestio it is the natural question to ask if other p2p and p2b platforms might als be involved in fraudulent activities. I think that there will be much more scrutiny now from investors, bloggers and hopefully also from the legislative. Given that The post Is Crowdestor safe? appeared first on FinanciallyIndependent.eu ..read more

I hope that everyone who has money in Envestio has by now noticed that their website is down. Before the site was taken down, Envestio claimed to be the victim of a hacker attack. This is to 99.9% a hoax. Since the social media profiles of most Envestio staff members The post Envestio is the next p2p scam appeared first on FinanciallyIndependent.eu ..read more

It becomes more and more obvious that Kuetzal was a complete scam. Many of the loan projects posted on Kuetzal’s website do not seem to be real and it is currently unclear if the funds that were deposited by investors were ever actually used to fund these projects. More and The post Some progress in the Kuetzal scam appeared first on FinanciallyIndependent.eu ..read more

As I briefly mentioned in my last portfolio review there has been and still is quite some talk on the blogs and discussion boards about the new management of Envestio. Many feel that the new owner and COO of the platform are not trustworthy due to their past professional career. The post The current situation at Envestio appeared first on FinanciallyIndependent.eu ..read more

So, the year 2019 ends with yet another successful month for my p2p loan portfolio. All in all, I managed to make a 514€ profit in December. Also, this is a time to look back on the year 2019 as a whole which was extremely profitable for me. See the The post My p2p loan portfolio in 2019 appeared first on FinanciallyIndependent.eu ..read more

Many investors on Bondora who use one of the Portfolio Managers are disappointed by their returns. Usually they use they wrong investment strategy and are too impatient. I made all of these mistakes myself in the beginning. The lessons were learnt and today I present my single most important analysis for turning a profit on … The post Turning a profit on Bondora appeared first on FinanciallyIndependent.eu ..read more

This is a very short and urgent post. I’d like to issue a warning about Kuetzal since there is the suspicion that a fake project and/or a fake company has been funded! This concerns this Arlbog Petrol project, a company that might not even exist as a report by ExploreP2P revealed. You can read the … The post Warning about Kuetzal appeared first on FinanciallyIndependent.eu ..read more

Over the past years, investing into p2p and p2b loans has been giving us stable returns north of 10% per year. At the same time we are seeing a tremendous growth of traded loan volumes and many new investment platforms emerge month by month. But how about the performance of p2p loans in a financial … The post P2P loans in a financial crisis appeared first on FinanciallyIndependent.eu ..read more

There is something just as German as bratwurst, sauerkraut and the autobahn (just to name a few clichés): it is the savings account ("sparbuch"). This form of putting money aside has a very long history reaching back to the early 19th century. Still today, basically every child receives a sparbuch from its parents or grand parents. Given the long history and the persistence of this act it can be considered a German tradition. But does the idea behind it really work? Welcome to Savings Account: a German Myth. The post Savings Account: A German Myth appeared first on FinanciallyIndependent.eu ..read more

As you might have gathered from my videos or previous articles, CoinLoan is one of my favorite p2p platforms. It is still small but keeps growing continuously and is adding new features step by step. Let’s check out the news from CoinLoan in detail. The post News from CoinLoan – Nov 2019 appeared first on FinanciallyIndependent.eu ..read more