UNCERTAINTY across global financial markets is boosting the case for peer-to-peer investment, according to Lending Works.
The peer-to-peer consumer lender said that while markets panic over a disorderly Brexit, soaring global debt, rising American interest rates and the Italian banking crisis, P2P provides unarguable inflation-beating returns.
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Lending Works said those who invest for the long-term are usually more successful, highlighting that the MSCI World index has provided average annual returns of 7.2 per cent over the past 30 years.
But it warned against focusing on one asset class.
“Diversification is key to ensuring portfolio growth, which reinforces the likes of P2P lending as an attractive investment choice,” Lending Works said in a blog on its website.
“At a time when the storm clouds are gathering and while interest rates on savings remain in the gutter, the stable, inflation-beating returns offered by P2P are hard to argue with.”
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