Everyone invests for different reasons. Maybe you want to have a more comfortable retirement. Or perhaps you're hoping to put the kids through college.
Either way, all investments are supposed to have one thing in common: presenting a path to financial security for the future. However, not all investment strategies are created equal.
If you've seen the PBS documentary "The Retirement Gamble," you already know the very real struggle many Americans are facing. Stocks, bonds and 401(k)s have long been the most popular investment options among Americans, but they can't always get you the returns you need.
PBS' Martin Smith went so far as to say 1 in 3 Americans have no retirement savings at all, while another 1 in 2 just can't seem to save enough.¹
The simple truth is, even an investment strategy that provides you with steady returns of between 1 and 3 percent each year may not be enough to guarantee financial freedom down the line.
So what's a busy professional on the hunt for other opportunities to do? The No. 1 piece of advice recommended by Forbes contributor Eve Kaplan is to verify the quality of your plan.²
And once you take a look at the proven benefits of being a part of peer-to-peer lending community, the choice becomes clear.
Put lending power to work for you
As George Antone says in The Banker's Code³, investors and bankers play two different games with two sets of rules. However, the rules for both games were created by bankers. Who do you think they favor?
You don't have to be a financial expert to know bankers have a lot of power. Not only do they set the rules, they take the least risk and often make the most money.
The good news is, there's nothing stopping you from harnessing their strategies and making them work in your own life. You can play by the bankers' rules and take back control of your wealth.
Private lenders make money just like traditional financial institutions – minus having to build a bank, obtain a license and hire employees. Take all that away and you're left with the same money-making strategies bankers have been using for generations.
Helping others while you help yourself
Besides offering the chance for higher returns and lower fees than other investment strategies, peer-to-peer lending also serves an essential function in today's economy.
As anyone who's ever tried to borrow money from a bank can attest to, obtaining funds can be a long, complicated process. Private lenders fill a void by offering people fast, flexible access to short-term capital.
As opposed to the rigid restrictions put in place by most financial institutions, you can determine your deals based on merit, exit strategy and borrower experience. Borrowers will pay a premium for the service you offer because it gives them the funding they need when they need it.
Nothing to lose and much to gain
If you're ready to take control of your financial future, now is the time to explore peer-to-peer lending options as an investment strategy.
You can sign up for a free strategy session with one of our certified wealth strategy experts to learn more about private lending, and more importantly, how it can help you achieve your financial goals.
1. "'The Retirement Gamble' Facing Us All," Martin Smith, 2013, PBS.
2. "The Retirement Gamble," Eve Kaplan, 2013, Forbes.
3. "The Banker's Code," George Antone, 2012, WealthClassesPublishing.