Following the advice of one of my friends I’ve decided that I’m going to invest some of my redundancy package into some P2P Lending schemes. Some people may think that I am the crazy for doing something like this as P2P lending schemes have a very bad reputation; many people have lost serious money through investing into them in the past.
I am not worried about this because I feel that one of the main reasons that people lose the money that they invest into P2P companies is because they do not have much time to spare to keep an eye on all of their loan notes. As I have been made redundant recently being short of time is not something that is an issue to me. This means that I will be able to spend a lot of time analyzing if I give loan notes to, and tracking the performance of them.