4 years ago
English (Google Translate):
English (Google Translate):
An easy way to increase your money:
By the so-called Go & Grow is actually anyone able to increase his own money without having to have too much knowledge. Of course you should be aware of the increased risk compared to typical overnight money or bank accounts and always know what you are investing.
With Bondora you have in my opinion a very transparent P2P platform that is still in the euro area, thereby owning a European banking license and thus the risk again compared to platforms such as Mintos, among others, in very weak economic countries (such as Kazakhstan) invested , reduced.
Especially in the current era of zero interest rate policy, Bondora is a great way to increase your money alongside other investment areas such as equities / ETFs (which, incidentally, are almost uncorrelated to P2P) and real estate (which only makes sense if you have bigger sums of money).
So far, I have not had any negative experiences with Bondora, everything works fine and the promised 6.75% per annum is currently being paid in reality (if you pay attention to compound interest!). One should not forget that the 6.75% at Go & Grow can vary quite a bit (even if I have not experienced that), but they are only a guideline.
All in all, I can recommend Bondora, and especially Go & Grow, to anyone who does not want their money (through inflation and zero / negative interest) to lose purchasing power and is willing to take some risk, because return is always risky. Which is why I think Go & Grow is a much lower risk.
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