GiganticWebsites.com is a project through which I make it possible for people to build truly gigantic websites (thousands of articles each!) at ridiculously low prices. If you have a great domain you want to turn into an amazing website or an existing site you'd like to upgrade/scale, visit our website or check out the One Minute Economics presentation video below: ruclips.net/video/gE8yEOQFMvo/видео.html Please note that this comment is not an ad for a third-party service provider. GiganticWebsites.com is my baby 100% and I will personally be involved in each and every project so as to ensure the website turns out great :)
I think a big thing people forget is that you should be looking at default rates and taking that into account when calculating your expected ROI. I write more about these risks and other ways you can mitigate them on my channel.
Borrower Lender interact via platform Borrower can request loan for various needs Lender can see the loan request and able to choose who they give money to. (know the info about borrowers) Default risk, no positive guarantee No protection if platform go bankrupt Dont exist in most country or have bad track record
I appreciate your efforts! 🙏 Just a small off-topic question: 😅 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Not sure how to use them, would appreciate help. 🙏
I really appreciate your efforts! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?
Guys forget peer to peer lending you'll lose your money because your load is not secured by anything. This is like just giving away your money for free. The only people making money is the peer to peer lending platform and the person receiving your money. Instead, try private mortgage lending. Anyone can do it you don't have to be a business. At least if you do private mortgage lending the money you loan is secured by the real estate so if the person defaults on paying you, you get to take the house! Now that's a rel investment because it is secured, You can't lose! Forget all these get rich quick schemes that are set up for you to lose your money just turn your brain on and invest wisely.
If you liked this video, I think you'll love my personal finance book (Wealth Management 2.0) that has been written specifically for today's ultra-complex investment landscape and is available over at: 1) Amazon: www.amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK 2) Barnes & Noble: www.barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942 3) Apple Books: books.apple.com/us/book/wealth-management-2-0/id1146539158?mt=11 4) Kobo: www.kobo.com/ro/en/ebook/wealth-management-2-0
It is indeed peer-to-peer lending but you do so through a centralized point of failure and if something were to happen to that platform/website... ouch :(
One Minute Economics needs your help! Please give me a minute (heh) of your time by watching the following video if you find the channel useful, literally anyone can help (either financially or by spreading the word about my work): ruclips.net/video/io04ckq1X1M/видео.html
![P2P Lending Platforms Explained [Don't Invest Before Watching]](http://i.ytimg.com/vi/QqRdECFZ3uM/mqdefault.jpg)
![P2P Lending Platforms Explained [Don't Invest Before Watching]](/img/tr.png)
GiganticWebsites.com is a project through which I make it possible for people to build truly gigantic websites (thousands of articles each!) at ridiculously low prices. If you have a great domain you want to turn into an amazing website or an existing site you'd like to upgrade/scale, visit our website or check out the One Minute Economics presentation video below:
ruclips.net/video/gE8yEOQFMvo/видео.html
Please note that this comment is not an ad for a third-party service provider. GiganticWebsites.com is my baby 100% and I will personally be involved in each and every project so as to ensure the website turns out great :)
About 1 min.. all that you took to explain in simple words.. great video, thank you for that!
Thank YOU for taking the time to say something nice Ajit :)
I think a big thing people forget is that you should be looking at default rates and taking that into account when calculating your expected ROI. I write more about these risks and other ways you can mitigate them on my channel.
You are so awesome. You are the Krishna for Arjunas in Economics.
Borrower Lender interact via platform
Borrower can request loan for various needs
Lender can see the loan request and able to choose who they give money to. (know the info about borrowers)
Default risk, no positive guarantee
No protection if platform go bankrupt
Dont exist in most country or have bad track record
The video was effective and you explained really well. Animation helped a lot too. Thanks 😄
Love to hear that, thanks a lot :)
I appreciate your efforts! 🙏 Just a small off-topic question: 😅 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Not sure how to use them, would appreciate help. 🙏
I really appreciate your efforts! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?
Guys forget peer to peer lending you'll lose your money because your load is not secured by anything. This is like just giving away your money for free. The only people making money is the peer to peer lending platform and the person receiving your money. Instead, try private mortgage lending. Anyone can do it you don't have to be a business. At least if you do private mortgage lending the money you loan is secured by the real estate so if the person defaults on paying you, you get to take the house! Now that's a rel investment because it is secured, You can't lose! Forget all these get rich quick schemes that are set up for you to lose your money just turn your brain on and invest wisely.
Do you believe there is no room for p2p lending, especially for those who don't have a lot of capital at their disposal?
If you liked this video, I think you'll love my personal finance book (Wealth Management 2.0) that has been written specifically for today's ultra-complex investment landscape and is available over at:
1) Amazon: www.amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK
2) Barnes & Noble: www.barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942
3) Apple Books: books.apple.com/us/book/wealth-management-2-0/id1146539158?mt=11
4) Kobo: www.kobo.com/ro/en/ebook/wealth-management-2-0
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What do you mean if a platform goes offline? This should depend on a decentralized system.
It is indeed peer-to-peer lending but you do so through a centralized point of failure and if something were to happen to that platform/website... ouch :(
One Minute Economics needs your help! Please give me a minute (heh) of your time by watching the following video if you find the channel useful, literally anyone can help (either financially or by spreading the word about my work): ruclips.net/video/io04ckq1X1M/видео.html
It sounds more like Digital Loan Sharks
... just the (hopefully) friendlier variety :)
You can also check this website - startpeertopeerlending.com
Must-have shirt for P2P Investors: @t @t
:)
Why are you talking like mickey mouse?
Ha ha ha very true and I like it.