EKIP– Expert Club for Economics and Politics A Different Opinion
Special guest in the new episode of "The Intelligent Investor" is Stoycho Nedev, creator of the website "Viva Invest" and an investment expert in the field of P2P lending.
00:22 – Introduction of the topics in the episode and our special guest Stoycho Nedev from "Viva Invest"
01:55 – Financial news from Bulgaria
17:08 – Macro and Markets
29:15 – Fintech news – Revolut innovations
37:06 – Stoycho Nedev's impressions of the Capital fintech conference
42:33 – What is the PSD2 regulation?
44:15 – Airbnb and VAT
48:26 – Interview with Stoycho Nedev
49:02 – How did you decide to create “Viva Invest” and for what purpose?
57:00 – What is the history of P2P investing, when did the first platforms appear and how has the market developed since its emergence? What function do P2P platforms perform instead of banks?
61:40 – What are the two types of P2P platforms and how do they differ? What are the pros and cons of the two alternatives?
71:21 – What foreign P2P platforms can Bulgarians use? What are the specifics?
76:16 - What are the main risks with this type of investment? What is the liquidity? What are the fees?
91:40 – What happens if a P2P platform goes bankrupt?
97:04 – What kind of return can be realized with this type of investment? Why would an investor choose an investment in a P2P platform over a more standard investment in stocks/bonds/real estate?
99:42 - In a standard investment portfolio, what portion would you advise people to invest in P2P lending?
102:15 – Why would an investor choose P2P lending over more standard debt investments such as corporate and government bonds?
111:57 - At what stage of the business cycle is it best to invest in P2P?
113:31 - What taxes are due when investing in P2P?
115:36 - How regulated is this business and is this the reason for the lack of trust?
122:06 - Recommend a specific P2P platform that you think offers the best balance between security and returns.
125:10 – Questions from donors
Dimitar Tomov - Can 10% bad loans collapse a P2P platform with payback guaranteed?
129:45 – Dobri Simeonov – “I have seen reports that (P2P) micro loans help a lot in third world countries (India and Africa especially) for starting a business. In this regard, I have a few questions:
- Do you have statistics (even approximate) on what P2P loans are used for?
- Where does Bulgaria stand in terms of trends in these statistics?
- I hope you have already covered the topics of securitisation and collateral and the risks of platform failure (for example, from making impossible promises as a guarantee of principal).”
135:01 – Georgi Tsenov - Is it possible for P2P lending to replace familiar banks? Are P2P loans really competition to bank loans?
141:20 – Final words
Links:
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Bulgarian news:
Calm in the housing market after years of growth
Macro and Markets
ECB Unleashes Support Package for Economy Threatened by Slowdown + ECB's Loan Bazooka Might Not Reveal True Firepower for Months
Warren Buffett Is No Fan of Modern Monetary Theory
Federal Reserve: Dovish Fed Signals End To Tightening
Bond Market Flashes Recession Warning Before Round of Auctions
Modern Monetary Theory vs. Austrian School debate
Fintech:
Digital payments company Revolut has started offering accounts in levs + Revolut account in levs – how to use it?
You give Airbnb - you pass VAT
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Can your guest show a screenshot of how he sold 10 EUR at a buying rate of 1.97 through Revolut?
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