3 months have passed since my first investment on Lenndy. Today I want to talk about my Lenndy Performance after these first 3 months, my current situation and my opinion about this platform.
Maybe it’s too early to give an opinion about this platform but I would like to track its performance since the beginning.
First of all, if you don’t know what we’re talking about, read my full review of Lenndy. On the dedicated page you can find all the information you need to start earning on Lenndy.
I made my first deposit on Lenndy in March 2019 (250 EUR).
First of all, check out the overview of my account:
I have a balance of 255.17 EUR. Remember that I deposited 250 EUR on Lenndy. The total profit is 5.17 EUR (+2,07%). I did not received referral commissions yet.
As you can see, I have some late loans, and in the past days I had many more of them.
Resume of my first 3 months on Lenndy:
- Monthly Average Profit (Interest): +0,69%
- Annualized Profit (Interest): +8,28%
If you want to examine my exact monthly performance, check out the page dedicated to Lenndy.
I also want to share with you the current strategy of my Lenndy account, just to be completely transparent with you.
I’m currently using the Auto-Invest function, because it’s very efficient, and this is my strategy:
All loans available on the platform are covered by the Buyback Guarantee protection. The Auto-Invest function works really well, and I never have money available on my balance.
This is my strategy, and for sure it’s not the best strategy. Set up the Auto-Invest function according to your financial goals and risk tolerance.
In conclusion, these are my Lenndy performance after 3 months from my first investment on it.
As I said before, 3 months is a very little span of time to judge a P2P Lending platform.
I just want to say that in these first 3 month I had many late loans (more than half of my portfolio). I hope that this aspect will get better in the next months because for an investor it’s not a good thing. In any case, I’ll leave my money on Lenndy at least 3 months more in order to give a better opinione about it.
Apart from this, Lenndy’s performance are not so bad. More or less similar to the performance of ViaInvest, that I reviewed two days ago.
Are you already using Lenndy? If yes, are you happy with it? Let me know in the comments!
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