23-08-2018, 06:23 PM
Investment wise, not just P2P, it would be great to hear what plans you have for Brexit, and your gut feelings about how it is going to effect P2P as a whole
My gut at the moment is telling me to act as cautiously as possible (whilst trying to remain optimistic!); P2P is (IMO) going through some rough times ATM, and on that basis, I have been scaling back in preparation to review and dive back in. However, Brexit has me nervous, so I'm thinking that a young and volatile market such as P2P, especially anything property based, is going to be affected badly. There are safer options within P2P, but dominos come to mind
On a wider point, I'm hearing others are moving money out of the pound mitigating the risk that the pound is likely to fall. I'm not great at predicting these things, but on the face of it this looks like a sensible move (?)
Thoughts?
My gut at the moment is telling me to act as cautiously as possible (whilst trying to remain optimistic!); P2P is (IMO) going through some rough times ATM, and on that basis, I have been scaling back in preparation to review and dive back in. However, Brexit has me nervous, so I'm thinking that a young and volatile market such as P2P, especially anything property based, is going to be affected badly. There are safer options within P2P, but dominos come to mind
On a wider point, I'm hearing others are moving money out of the pound mitigating the risk that the pound is likely to fall. I'm not great at predicting these things, but on the face of it this looks like a sensible move (?)
Thoughts?
PLEASE NOTE : The opinions and observations that I display on this forum are of a personal nature. I am not a professional within the financial sector, I represent no platform and my remarks should not be taken as advice. I accept no responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained in my posts.