A little less than 1000 people has signed up on the platform so far. From these, 460 users have completed full registration and verification. Raised funding for projects currently amounts to ~350.000 EUR.
Hello fellow Financial Freedom and Wealth seekers!
It’s THAT time of the month and you know what it means.. It’s time for another monthly portfolio update!
Not much has happened in the world of Crowdlending since last month. But no news is often good news in the world of finance.
The stock markets on the other hand, have corrected and the latest drop has sent the American S&P 500 index back to early January 2018 levels. A lot of people are worried that the markets will drop further. Some technical analysts even point out that the charts look a lot like what happened just before the crash in 2007/2008.
However, once everyone starts talking about a crash, I think it’s unlikely to happen in the short term. History shows that market crashes usually happen when no-one expects it.
But nevermind the stock market, here at Financially Free we focus on Crowdlending and alternative investments. These portfolio updates tend to get long enough already, so let’s get right to the numbers!