P2P lending diversification
I have put lots of my liquid money into P2P lending and get 1k daily from cred mint, mobikwik xtra and 12%. Reason- My bank pays interest which hardly can beat inflation. Question - Where should I park my liquid money ? PS - Markets at high and real estate is bound to crash.
Coy Nadeen
Stealth
8 months ago
Not sure about other opportunities but the one you’ve invested in might come under RBI radar (P2P lending NBFCs are).
Jordon Hyrum
Stealth
8 months ago
Yeah I have 4 lac in 12 club, should I pull
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Isaiah Lee
Student
8 months ago
are you sure real estate will crash ? Any lead indicators ? Can you say more about this..
Anise Gabriel
Stealth
8 months ago
I don’t think real estate will crash. When market reaches such highs, there comes a time when people believe it’s not worth investing at these levels and they look for alternate places to invest. I expect real estate and gold prices to go up because of the same
So here I go.
Top 5% of Indian drive real estate consumption.
After rera n GST, Black money guys in real estate has reduced.
With onset of AI and Developed economy going into technical recession...we can see an impact on Indian job market.
As ai strengthen, more people will be replaceable.
Most of the loan has tenure of 10-20y.
So they will default and a crash.
Google about China and usa housing crisis.
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Jordon Carmden
Stealth
8 months ago
I park my Liquid funds in Liquid MFs.
Better returns than Savings accounts, almost same as FD, and can be redeemed without ant penalty charges. Plus, is relatively safe.
Are you seeing post tax returns ~ 6.3%?
Too much risk!
Will suggest to go for arbitrage funds, comes with equity tax benefits.
