- Up to 12% of annual return
- Invest with BuyBack Guarantee
- User friendly
My return on investment
My total deposit on FastInvest: 300 EUR
2019 – My return on investment: + 1,16%
- February: + 1,03%
- January: + 0,13%
Comments on the performance (Update: February 2019)
I started in January 2019 with a deposit of 300 EUR. I’m still at the beginning of my adventure on this platform, but I’m really liking it at the moment. I think that the monthly return will be around 1%, and it’s not bad at all. My expected return for 2019 is 11%.
How to add funds
Remember that in order to register on FastInvest you must be 18 or older. As you can see from the picture below, investors can deposit on FastInvest through Bank Transfer. Is it possible to deposit using Euros (EUR) or Zloty (ZL). Money will be available on the balance within 3-4 working days. Then you can start investing on FastInvest.
My advice is to set up, as soon as possibile, the Auto-Invest function, that automatically invest your money in loans that satisfies the conditions you impose at the time of setup.
Below you can see the Auto-Invest setup page. You have to choose the range of interest rate you want to invest in, the loan term and other important parameters, like the amout to invest in each loan (minimum and maximum amount), the loans’ origin country and the toal amount of investments. You can also choose between reinvesting or not your money on the balance. All loans available are covered by BuyBack Guarantee, the most important protection for the investor (the platform will buy back principal amount and interest for investment period from investor if loan is delinquent).
Once you have finished to setup your Auto-Invest portfolio, save and activate it.
I suggest you to invest in many different projects and loans, in order to diversify your portfolio and reduce the risk. Moreover, considering that there are many loans available, I suggest you to avoid loans with a 9%/10% return, and chose those with 11%+ return. You should choose your setup according to your objectives.
The minimum investment on a single loan/project is 10 EUR.
The range of interest offered by FastInvest is 9% to 12%.
As I said before, loans are covered by the BuyBack Guarantee protection, that is an important protection for the investor: FastInvest will buy back principal amount and interest for investment period from investor if loan is delinquent.
FastInvest do not act as Tax Substitute. This means that we receive the total gross profit from our investments and we will have to pay taxes on this profit (in Italy the tax rate is 26%).
At the moment is not available the Secondary Market, that would allows investors to sell other investors their investments before they reach their maturity.
P2P loans on the platform
Below I insert examples of the Loans that are available on FastInvest. As you can see, they offer different interest rates, and the investor should pay attention to the choice of their investments, in order to obtain an higher return.
I also insert a screen of the “My Investments” page, where the investor can find all his open investments. Here you can check the interest rate of every loan, the time left, the date of the next payment and so on.
Finally, these are the steps that every investor should follow in order to start earning on FastInvest. They are very simple, 10 minutes are enough!
If you don’t understand the meaning of one or more terms, I wrote an article that explain all the terms that I use. Check it out clicking here.