Hello to all with an Investors Mindset!
As this is my very first review of one of the platforms I have invested in, I hope you do me the favour of taking it a little bit easy on me with comments… But good advice is very much appreciated! I will always try to write my posts in an easy to read style – I am but a simple person myself – with honest thoughts and 100% real numbers.
So let’s dive into the review… The below review is fully based on my own opinions and experience.
Mintos was the platform I was most excited about when I started investigating peer to peer lending platforms. This started nearly three months ago, not too long after my marriage. The reason being of course trying to approach our future smart, financially speaking.
After that, it took me about a month to have my diversified portfolio of 6 different platforms, where I had invested a total of €5500 in. At the time of this post, nearly one and a half months into the platforms on average, the total portfolio value is just a little above €5600. Not bad at all… already €100 up. I believe with that amount in Belgium I would have gotten €5 after a full year!
A big part of this interest increase has to do with Envestio, which has a portfolio value of €1026.11 at the time of writing, with a few more payments coming up this month. As I only started investments with them on the 2nd of July, I have to admit… not bad!
The reason why I’m not writing a review about the first platform I started investing in, Mintos, but the one I ended with (for now – doing some renovations in the apartment so further investing will be delayed a bit) is just because of the all-around great impression they gave me. And yes, because of the announced Mogo buybacks on Mintos (read more), their interest rates have dropped quite a bit.