Investing with P2P Lending

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 15 February 2019

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Joseph Hogue and Kirk Chisholm join us again this week as we discuss P2P Lending.

P2P lending, more specifically defined as Peer-to-Peer lending, replaces the position of a traditional bank when it comes to taking out a loan.

P2P sites like Lending Tree and Kiva also matches borrowers to individuals who want to lend out money and earn interest.

Is P2P Lending right for you? What alternatives are there for individuals who want to put their money to work but mitigate some of the risk?

Find out in today's episode.

For more information, visit the show notes at http://moneytreepodcast.com/230

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.5	Stock market, wealth, personal finance, value stocks, invest in your life.
0:10.5	Welcome to this week's episode of the Money Tree Investing Podcast.
0:14.2	Are you looking for a better way to invest through market turmoil?
0:18.2	Consider Betterment.
0:19.6	Betterment is a robo-advisor that uses the time-tested principles
0:23.3	of modern portfolio theory to help you manage wealth and reach your financial goals. With betterment,
0:29.7	you don't have to worry about what the market is doing on a day-to-day basis. Instead, use the stock
0:34.6	market to help consistently build wealth. For more information, visit
0:38.4	MoneyTreepodcast.com slash betterment. I use betterment myself to manage my retirement fund and
0:44.8	also my travel fund. That doesn't mean it's right for you. Do your research and check out
0:49.5	moneytreepodcast.com slash betterment to decide if this is right for you. Today we have returning to us.
0:57.8	We have Kirkchism from Innovative Wealth. And we also have Joseph Hogue from Peer Finance 101.
1:04.6	And today we are going to be talking about P2P lending, peer to peer to peer finance.
1:10.5	So let's turn to you, Joe, since you are the expert, what is P2P lending, peer-to-peer finance. So let's turn to you, Joe, since you are the expert,
1:14.2	what is P-to-P lending all about? How do you invest in it? Sure, Miranda. And I got to say,
1:19.9	I'm honored that you think I'm the expert because I rarely get called that. So peer-to-peer lending
1:26.8	has actually been around since like 2007,
1:29.7	2008, but it still feels like a very new kind of investment, still a very new way to invest
1:35.9	and actually even borrow money. Basically, it's just online lending where instead of going
1:42.4	through a bank, then you're going through investors.
1:48.8	So if somebody fills out a loan application on a site like Lending Club or Prosper,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Money Tree Investing Podcast, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Money Tree Investing Podcast and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.