Hi,
Anyone here using www.linkedfinance.com ? Crowd funding for SMEs. Looks interesting and the interest rates are quite attractive notwithstanding the levels of risk.
Firefly
If you want to do it as a philosophy that is fine, but not as an investment. To start with SME have a very high failure rate and secondly 5% is not that good.
By contrast, you buy a share in certain under valued US MNC today, the dividend rate is about 5% and if you then add in capital appreciation over time you are probably heading for 8% - 12% over say the next 5 to 8 years. They are a lot better odds than investing in SMEs.
Hi Mr Earl
The Central Bank is not letting us down. It only regulates what the law tells it to regulate. It can't start regulating things it is not legally entitled to regulate.
This sort of lending is very small scale and risky. It would be totally inappropriate for any government body to spend the huge amounts of money to set up a bureaucracy to regulate them. If you want to gamble your money lending to SMEs, go right ahead. But don't ask me for more taxes to regulate it.
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