I’ve mentioned previously that I had some money on the crowdlending site MoolahSense. Not very significant, but still a sum of money. I had hoped to peacefully experience the platform, learn the ins and outs and most importantly, get my money back.

One thing I’ve learnt through my career is that – Life never goes as planned.

Welp, time to write off my Moolah

Of my initial investment of $2,000, I received $733.44 of repayments. If I were to write off the balance of the loan, that would represent a 63.3% loss.

So what can we learn from my $1.3k of tuition fees?

1) Never be greedy about yield

Most people look at the 18% headline rate and go crazy.

Huat ah

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