A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
1 month ago
Hi Uncle8888,
ReplyDeleteLending platforms also got retail-but-not-so-retail speculators, as well as the pure bei kambing / yield hogs... :)
Those more experienced will study the borrowing company's financials & business prospects, as well as its industry outlook.
I won't be surprised if the owners or shareholders of such retail lending platforms often have 1st bite of the pie for the more promising companies. LOL
In the "professional" world of lending i.e. bond market & private equity (they usually do it with contingent convertible bonds or CoCos), the average investor is usually "smarter" than the average stock investor. That's why the old adage that bond market is "more correct" than stock market.
But when you open up junk bonds & "retail" bonds to bei kambings, yield hogs, HNWs, and snake oil bank RMs ... Alamak ... you get fun shows happening!