Why you should avoid Peer to Peer lending like the plague and how to earn 8-10% with collateral

New member here but in the finance industry so I'd like to share some knowledge...

Myths
I can reduce my risk by lending only $25 at a time
- Yes and no. There's 2 types of risks we're dealing with, Portfolio Risk and Default Risk.

Portfolio risk is the risk that you are diversified too little. Holding 100% of one stock or one loan? You've got a portfolio risk. If that stock or loan crashes, you're done. Holding the S&P 500 ETF or 100 loans? You're diversified... low...

Why you should avoid Peer to Peer lending like the plague and how to earn 8-10% with collateral

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