tag:blogger.com,1999:blog-26305209583931264332024-02-18T20:23:43.273-08:00Funding Society : My First Investment Plan in P2P PlatformSoo Chee Tanhttp://www.blogger.com/profile/11347726731569038678noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2630520958393126433.post-6032458066383862552019-07-13T09:23:00.000-07:002019-07-13T10:17:39.825-07:00Funding Society : My First Investment in Peer to Peer Platform - SCT Investment<span style="font-family: "times" , "times new roman" , serif;">There are plenty of Peer to Peer platform in Malaysia, I had choose Funding Society as my first investment in Peer to Peer Platform, however, I would<span style="background-color: white; color: #3b3b3b;"> diversify my investment into few platforms to minimize the risk. </span><span style="background-color: white; color: #3b3b3b;">I had start my investment from June 2019. Below are some tips. </span></span><br />
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<li><span style="font-family: "times" , "times new roman" , serif;"><span style="background-color: white; color: #222222;">Register as a </span><span style="background-color: white; color: #222222;">Funding Societies</span><span style="background-color: white; color: #222222;"> investor. Share your </span><span style="background-color: white; color: #222222;">referral code</span><span style="background-color: white; color: #222222;"> with your friend, </span><span style="background-color: white; color: #222222;">code</span><span style="background-color: white; color: #222222;"> can be found when you login. Ensure your friend inputs your </span><span style="background-color: white; color: #222222;">referral code </span><span style="background-color: white; color: #222222;">when they register. Both your friend and you will earn RM50 each when they each invest RM1,000 collectively across investments. </span><span style="background-color: white; color: #3b3b3b;">If you have no friend with funding society now, below are my referral code. Key in the referral code when you sign up as investor.</span></span></li>
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My referral code :<span style="color: #222222; font-family: "times" , "times new roman" , serif;"> </span><b style="color: #222222; font-family: times, "times new roman", serif;">jwu41agi</b><br />
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<li><span style="font-family: "times" , "times new roman" , serif;">You can access the Auto Investment function by clicking your name on the top right corner, and select "Setting" from the drop-down menu. After which, select "Auto Investment" from the menu on the left hand side of the page. Click on the green "New" button to add an auto investment preference. </span></li>
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<span style="font-family: "times" , "times new roman" , serif;"><span style="font-family: "times" , "times new roman" , serif;"><b>Funding Type</b></span></span></h4>
<span style="background-color: white; color: #565867; font-family: times, "times new roman", serif;">Select "Business Term Loan", "Invoice Financing" or "Property-based Secured Loan" from the drop down menu.</span><br />
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<span style="font-family: "times" , "times new roman" , serif;"><b><span style="font-family: "times" , "times new roman" , serif;">Interest Rate and Tenor</span></b></span></h4>
<span style="background-color: white; color: #565867; font-family: "times" , "times new roman" , serif;">You will be prompted for your preference of loans to be invested in, which includes the period of tenor and interest rates.</span><br />
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<span style="font-family: "times" , "times new roman" , serif;">Amount Range</span></h4>
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<span style="font-family: "times" , "times new roman" , serif;">You will also need to specify the auto-investment range which you are comfortable with. The amounts you can set as your minimum and maximum auto-investment amount will depend on your loyalty tier.</span><br />
<span style="font-family: "times" , "times new roman" , serif;">(<b style="box-sizing: inherit;">Note: If the minimum investment limit is higher than the maximum auto-investment amount you have selected, you will not be included in the auto-investment.</b>)</span></div>
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<span style="font-family: "times" , "times new roman" , serif;">Exhaust Balance</span></h4>
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<span style="font-family: "times" , "times new roman" , serif;">You have the option of enabling your auto-invest bot to exhaust your available balance, if it should ever fall below the specified auto-investment range that you set. However, this will only be possible if your balance also falls within the minimum and maximum investment limits of the loan.</span><br />
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<span style="font-family: "times" , "times new roman" , serif;">Here are the different scenarios that can happen, with your selected auto-invest range and option to exhaust your balance:</span></div>
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<span style="font-family: "times" , "times new roman" , serif; font-size: small;">As of July 2019, my annualised portfolio return is 12.72%. Presently, I have 10 ongoing investment deals worth a total of RM 14,000.00. From it, my expected returns are estimated to be a total of RM 1,116.33, assuming ‘no defaults’ from my other borrowers.</span></div>
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Soo Chee Tanhttp://www.blogger.com/profile/11347726731569038678noreply@blogger.com0