Pages tagged #mintos

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1. Thursday 16 May 2019
These next few posts I’ll be talking quite a bit about retail investing in subprime lending, as I’ve been watching the whole area intently for two years now, and I finally felt confident enough to drop in some of my own money. I should stress that you shouldn’t risk any more of your money on this than you can afford to completely lose: the chances of losing all your money are higher than investing in a stock market index tracker fund (e. ...

2. Thursday 23 May 2019
In my last post on this topic, I explained how European retail investors can now invest in subprime debt via Mintos, an ‘Amazon Marketplace’ of loan financing, where you can slice and dice your micro-investments into many loans diversified across currencies, countries, types of loan and invidual loans. The loans on Mintos are supplied by loan originators: commercial, professional lenders who reduce their cost of financing subprime loans by getting Joe Soaps like you and me to hand over our cash bank balances. ...

3. Thursday 01 August 2019
This is the third part of my post series on retail investing in subprime debt via p2p lending, specifically the ‘Amazon Marketplace’ of European loan financing Mintos. The first part gave some background and recent history of evolution in debt financial technology, and explained how the stuff which caused the 2009 financial collapse is now available to Joe Soaps like you and me, rather than just to traders inside large financial institutions such as investment banks. ...

4. Sunday 01 September 2019
I didn’t expect to make another post on my Mintos subprime lending investment so quickly, but I made a major investment change last month, and I thought it worth writing about. If you remember that in this post, I was two thirds invested in a single loan originator, ExpressCredit, who mainly lend to the Botswanan middle classes. About half way through August I divested from ExpressCredit completely, and now my portfolio is distributed thusly: ...

5. Sunday 15 December 2019
A quick update on my Mintos investments – as predicted, my emergency divestment from ExpressCredit after their severe ratings fall on https://explorep2p.com/mintos-lender-ratings/ impacted earnings for a while until the replacement loans began to pay out. I was impacted for about two months, entirely avoidable had I sold my ExpressCredit loans more cleverly. But then monthly returns came back to somewhat normal-ish, albeit lower as nobody pays as well as ExpressCredit did: ...

6. Sunday 22 March 2020
So it’s been a fun, fun, fun week on the Big Daddy of online supermarkets in subprime debt for retail investors Mintos, upon which I did a series of detailed virtual diary posts May – August 2019. As I said upon this virtual diary last August (emphasis added): I don’t want to beat the dead horse much further, but I do want to close this post reminding readers that this is a risky investment. ...

7. Monday 27 April 2020
Last month I reported on the fun on the Big Daddy of online supermarkets in subprime debt for retail investors Mintos, upon which I did a series of detailed virtual diary posts May – August 2019. People were fleeing for the exit, offering huge haircuts of 15-25% to get their money out immediately. I decided to double down, and buy them out at those discounts. This led to rather stonking returns for March: ...


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