I’m Pete and this blog is based around my journey into investing in Peer to Peer (P2P) Lending. I’m just a regular person with a day job like everyone else in an unrelated field. What got me interested in P2P Lending is diversification. We all have exposure to shares though our super, property is expensive and this is a different way to gain financial investment diversification. I’m starting from a zero base in that I’d heard of it but didn’t know anything about it. Chatting to people, I found many had not heard of or knew very little and no one had any investments. This got me onto research path to find out more about P2P lending and making my first investment into the alternative future of finance.
I’m starting this blog to share my learnings and experience as a newbie embarking on this innovative frontier in the hope that what I’ve learnt and found helpful to know, maybe of benefit to others. It is intended to break down the barriers that I faced as a new comer to the P2P space.
To kick things off my first few blogs will aim to cover off on the basics of what is P2P lending, how it works, who I’ve found offers P2P Lending investment in Australia and selecting my first P2P investment platform.
As time progresses I intend to dabble in more platforms, share my experiences, thoughts on the pros and cons and my investment strategies to try and maximise returns on investment. It’s by no means financial advice, but hope it is educates people enough to start their own research and investment journey so.
As I go along this journey I’m open to feedback and comments to grow and learn. Also please don’t be afraid to share your own thoughts and experiences, as collaboratively we can learn together.