Interested in peer-to-peer lending but not sure where to start? At a loss with the lingo? Unsure if it's right for you?
Well, don’t fret! Below, we have collated a list of recommended reads. These three introductory books will boost your knowledge and just might give you the confidence to dip your toe in.
P2P Investing 101: Why the Smart Money Invests in Peer-to-Peer Loans
Written with the new investor to peer-to-peer lending in mind, the purpose of P2P Investing 101: Why the Smart Money Invests in Peer-to-Peer Loans is to compare the new asset class of peer-to-peer lending with other investment opportunities. The book was published in 2017 and seeks to illustrate how and why P2P lending is a great investment with the potential for long-term gains.
Stu Lustman is the author of this text and wields over 20 years’ experience in finance. He has spent the last eight years writing about P2P lending as well as Crypto lending. As Lustman is American, the book inevitably will be most useful to those of you investing in the US market, but it also provides a good basic understanding of some of the fundamental aspects of P2P lending.
Invest in P2P Lending: What you Should Know, How to Avoid Mistakes and Invest Successfully
‘Sooner or later, every person learns that it is better to build up assets instead of making debts.’ This is how our second title starts and it’s bound to hook you as it explores the P2P lending landscape in Europe, with a primary focus on Germany. Invest in P2P Lending: What you Should Know, How to Avoid Mistakes and Invest Successfully was published in 2019 and addresses issues such as whether P2P lending is sustainable.
The authors are online entrepreneurs and private investors and their earlier editions of the book have made them opinion leaders in the German-speaking world of P2P investing. They intend for the book to teach you the basics of P2P lending, give tips on how to succeed and show you how to avoid mistakes – something which we can all agree is a crucial component of P2P lending.
The Ultimate Guide to P2P Lending: How to Get Your Peer-to-Peer Investments Started
The third book on our list is Sebastian Wörner and Vincent Willkomm’s The Ultimate Guide to P2P Lending: How to Get Your Peer-to-Peer Investments Started. This text was originally published in 2020 and introduces readers to the topic of peer-to-peer loans, explaining what they are and how platforms and lenders work. Beyond providing an overview for peer-to-peer lending, they also introduce readers to various investment strategies and hope to impart the tools needed to allow readers to actively invest.
Both authors have been passionate P2P investors for many years and so they know a thing or two about the process. Furthermore, they are both firmly established in the German financial blog scene and so have a knack for writing clear and informative content.
We hope these titles will come in handy as you start your P2P journey. To find out more about rebuildingsociety.com, please get in touch with our friendly team at support@rebuildingsociety.com or 0113 511 4644.
Guest post by Charlotte Graver
