Making An Investment Using My Zopa Funds
Over the past eight years, I have built up a seasonable six-figure sum in Zopa. It has paid me upwards of five or six percent after all deduction of losses and charges over those years and it has been a safe investment compared to some others I could have made.
But now is the time to liberate it, as I want to invest in something important to me, and liberating any of my other investments, would mean reducing my pension pot.
I am not selling any of my performing loans in Zopa, but just liberating any interest and principal repayments. Typically, about six percent of the money I have invested in Zopa is returned to my bank account each month.
It has been a painless way to fund my investment.
Various financial advisers have told me that peer-to-peer lending like Zopa is risky. But of course, there’s no way they can get a commission.