In October, we discussed the best investing options to diversify investments, why 2020 is a great year to start investing with Bondora, shared news how much money you can add to Go & Grow and more. Catch up with the details below.
Tips – Diversifying your investment
There’s one thing your investment portfolio shouldn’t, and arguably can’t, live without; and that’s diversification. The old saying of ‘Don’t put all your eggs into one basket’ is very true for investments.
The concept of diversification is simple. If you only invest in a one or two assets, and one of them fails, then your losses will be huge. But, if you split your investments into tiny pieces across hundreds or thousands of assets, then you’ll only have minor losses if a few of them fail. And those losses will be balanced out by the success of the other assets that are performing well, giving your investment a better chance at success.
If you invest in Go & Grow, your portfolio is automatically diversified by investing in over 100 000 different loan pieces. That’s next-level diversification!
You can read more about the importance of diversification in our blog.
Why 2020 is a great year to start investing with Bondora
This year has made everyone aware that it’s always great to have a rainy day fund. With all the uncertainty we’re facing in the job market and economy, it gives you peace of mind knowing that you have some savings to fall back on. With Go & Grow, you can easily set up an account to help you do it and let it earn stable net returns until you need it.
Bondora operates 100% online. This means that you can sign up, log in and add money or keep track of your investments no matter where you are. All you need is an internet connection!
During these tough financial times, it’s become clear which investment platforms will be able to survive and thrive, and which ones won’t make it. Bondora is now celebrating its 12th year, and 2019 was our third consecutive year of showing profits. We’ve also maintained stability as well as our net return rate of up to 6.75% p.a. for Go & Grow investors during 2020. This proves that we continue to provide simple and stable opportunities for our investors even during uncertain times.
Start investing in 2020, and sign up at Bondora.com
How much money can I add to Go & Grow?
We’re thrilled that over 135,000 investors have signed up to Bondora, but we’re focusing on sustainability, not exponential growth. And because more and more investors want to benefit from Go & Grow, we have implemented a €1,000 Go & Grow payment limit, per investor, per month. This is to ensure that we can deliver on our promise of a net return of up to 6.75% p.a. as well as the opportunity for everyone to grow their money online. Which is why Bondora was started in the first place.
We can’t say how long this limit will be in effect, but we can assure you that all our decisions are made to make sure you can invest on the most secure platform with long-term growth and sustainability in mind.
If you want to know more about the €1,000 Go & Grow payment limit, you can read our blogpost article, or support articles.
Add money directly to Go & Grow
Adding money to your Go & Grow account is easy!
- You can use SEPA instant bank transfers for lightning-fast payments.
To do this, click on the green “Add money” button on the left menu, and choose your preferred payment option on the next page.
Make sure to include your Go & Grow reference number (GGxxxxx) to your payment for smooth delivery. Most payments are instant, but they can take up to 3 business days to reach your Go & Grow.
- If you have money already in Wallet, you can transfer it easily to your Go & Grow, anytime. Simply enable the Auto-transfers feature on your Go & Grow.
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