WRITTEN IN COLLABORATION WITH RE.INVESTMENTS
It’s been a crazy few months for the world financially, and I fear it’s only going to get worse when employees come off furlough and companies realise they can’t afford them. The pressure is seriously on for employers, employees and the self employed. What is the world going to look like at the end of the year?
I worry. I’ve been ok so far under the government’s self employed scheme but the last payment is at the end of August – and then what? Travel, and the travel blogging industry isn’t anywhere near what it was back in January. And many reports are saying it won’t be for a very long time.
When are people going to actually travel to Vietnam or the Philippines again? Or want to go to a festival? Those three categories are the backbone of this blog.
The coronavirus shockwaves are going to last a long time.
I’ve been looking around to see what other opportunities are available, both for me, and just for the world. One of the ways we can help small business owners, or be helped, is to look at platforms like re:investments. They offer the opportunity to support other people and businesses by investing in them, or to apply for investing in your business.
Re.investments’ clever platform combines person-to-person lending, person-to-business investment and investments in sectors of the economy previously available only to accredited investors.
Not only does this give you the opportunity to help small businesses, but there’s also passive income to be gained.
In this post I’m going to take a look at exactly what that involves.
Who are Re.investments?
Re.investments is a website owned and operated by Reinvest Finance LTD. In 2015 they launched a platform for accredited investors and in 2019 it was expanded to include non-accredited investors.
By signing up on their website you’ll join a global investment community of 80,000 members.
You’ll also have the opportunity to invest under the guidance of a professional team of leading global investors and learn how to increase your passive income.
Their online platform has been specially designed to give you complete financial control over where the money goes. The Re.investments website lets you safely invest in a wide range of loans, create your portfolio, and monitor the growth of your finances. You can also reach support directly via the website or through your preferred social messaging service.
WARNING: I strongly recommend a few weeks of study at least, before you decide to invest any money in any platform.
How to invest on Re.investments
You can get started on Re.investments with as little as $5. This can be the first point of contact for many businesses in their ‘early stage’ and so the potential to rise with them is huge.
Investment options include Person to Business, Person to Person and Investment Sectors.
– Person to Business
You provide loans directly to (hopefully) promising and highly profitable ventures.
– Person to Person
You buy the rights of claim on high interest loans issued to individuals. You can get a high return thanks to the interest.
– Investment Sectors
Re.investments invest in the most promising and stable sectors of the economy including real estate, technology and transport. They’ve opened options for you to do the same.
You can see all the options on your dashboard when you sign in. Check out the different tariffs to see the different payment options from hourly, to daily, and weekly.
I haven’t invested any money in Re.investments, as this is a review of their platform, not of whether I made money. That would take at least weeks of study, and then months and years of testing. I do have money invested elsewhere, and can confirm from this that Re.investments is well set out, has a great dashboard, and offers many opportunities for investment.
The reviews of Re.investments on independent review site TrustPilot are pretty impressive. They’re rated ‘excellent’, scoring 4.6 out of 103 reviews.
Posted reviews include:
– “Great service. Easily track your credit with the easy-to-use phone app. No additional fees for early repayment of the loan. Would definitely recommend and use again.”
– “Easy to set up, easy to log in and view balance/make amendments, great interest rate, and easy to pay off. A completely hassle free loan experience from start to finish! I’ll certainly be back if I need you in the future.”
Sign up to Re.investments
You can easily sign up to Re.investments in minutes. You just need to visit the website, click sign up, fill in your account details and create a password and you’re in. Then you’ll be directed to your dashboard where you can review your account balance and shop around for the right investments.
Let me know how you get on!