Always! It is never too late to start investing. Starting your very first money investment can be daunting. There are so many technical terms, a lot of investment platforms, plenty to learn and it is overwhelming that many of us delay the start to financial freedom. However, it shouldn’t be this way and it’s certainly easier than you think.
If you are a beginner, have a few extra savings to start and have no time to think, learn and look after your investments you are in luck! I can not recommend enough the Bondora Go & Grow to begin. It’s very easy to start, it automatically diverse your investment strategy and it earns you an avg of 6.75%.
This is the equivalent of keeping money in your bank, but instead of paying the bank to keep your money with crazy negative interests, it earns you a 6.75% p.a. The beauty of all this is there is no minimum term to hold your investment — meaning you can liquidate your account anytime with ease. Bondora has the largest pool of investors so if you want to withdraw your money other investors will easily take over your loans. One thing to note is that there is a small flat €1 fee from Bondora (regardless of the amount) when the time comes to liquidate/withdraw your money to the bank.
Top Reasons to open Go & Grow
- Perfect for beginners without prior investing experience
- 6.75% avg return p.a.
- No fixed terms and fast liquidity.
- Lower risk than other P2P platforms.
- No annual management fees.
- Flat withdrawal fee of €1, regardless of the size of the account.
- Take advantage of 5% Bonus cashback when opening a new account.