Some readers may have noticed: Under “My Portfolio” section, I have listed Moolahsense as part of my portfolio. What is Moolahsense?
Moolahsense is a peer to peer lending website where registered users are able to lend money directly to a company who is doing a fund raising campaigns. While the returns seem high, do note that the registered users assumes a large risk where the company may default anytime. Fortunately, the money registered users lend to these companies are similar to bonds; however these bonds are only enforceable in Singapore.
How I screen companies
My criterion is simple and that is to only “invest money” in companies which are past the startup stage of their life cycle. The reason is because matured companies have an operating track record in that business unlike start-ups. It indicates a lower risk of default as compared to start-ups whose business are new and cash ...
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