2020 week 14
Welcome to my weekly update.
As of week 12 I ‘m including a weekly COVID-19 statistics section (see below). Comparing the number of infections, number of recovered and number of deaths, by country and date might give some perspective on how long this pandemic will last and, besides the terrible human suffering, what impact this will have on the economy, the financial system, the stock markets and eventually the P2P market.
P2P Results
€65 was added to my total return this week. This brings my total loss down to €2.259.
In addition to the COVID-19 updates, of course, the news this week was dominated by Grupeer’s announcement that all payments to investors have been suspended. Probably the beginning of the end of this Platform. The platform is still available for the time being, but payments have stopped. I have not yet received the payment of a small amount that has not been invested in my bank account. It doesn’t look all that good, but as long as the website is not out of the blue, I will not write Grupeer in the books yet.
No deposits this week. I withdrew €125 from Swaper, €125 from Robocash and €500 from Peerberry. Due to the COVID-19 situation I will release some more funds within the P2P platforms in next couple of weeks. This is the first major stress test for most platforms and underlying lenders and time will tell how they get through these tough times.
No investments this week
Highest returns this week for Mintos and Peerberry
Check the charts below for my weekly progress, total income and total invested since the start of my p2p journey in January 2019
for more info and detail on investments see my p2p journeys section.
for a p2p newsfeed see my p2p news section.
for cashback deals on platforms I invested in see my p2p cashback section
updated april 5, 2020
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COVID-19 Update: 2020 week 14
Weekly COVID-19 update.
Comparing the number of infections, number of recovered and number of deaths, by country and date might give some perspective on how long this pandemic will last and besides the terrible human suffering what impact this will have on the economy, the financial system, the stock markets and eventually the P2P market.
There is a slight discrepancy between the World Health Organization map and the graph. This is due to the fact that the data does not run entirely in sync.
The numbers are still rising unfortunately but in some countries they are stabilizing. The number of infected persons in the USA have more then doubled this week. Spain, Italy, Germany, France and China have the highest numbers after the USA.
World Health Organization COVID-19 World Map
