My GoPeer Review For Canadians Investing Or Borrowing

I've been using GoPeer Investing platform for 2 years. In this video I'll show you my returns plus the pros and cons of GoPeer investing and borrowing side of their peer-to-peer lending platform for Canadians.
👇 Signup To Invest With GoPeer 👇
www.moneywithmark.ca/go/peer/
👇 Signup To Borrow Money With GoPeer 👇
www.moneywithmark.ca/go/peer-...
Leave your review of GoPeer on my website here:
www.moneywithmark.ca/reviews/...
GoPeer is a peer-to-peer lending platform for Canadians. It's build to supply consumer loans by crowdfunding loan requests by individual Canadian investors. You can apply for a loan which may or may not be funded - depending on if there is enough investor funds willing to supply you with a loan. Or you can signup as an investor like I have and lend your money out to thousands of Canadians as you see fit.
✅ GoPeer Lending Pros:
- Diversified investing portfolio is automatic
- Automatically re-invest your profits to get compound interest working for you
- Earn between 8 - 25% returns on your investments
- Easy to read and understand dashboard to evaluate your loans and portfolio
- Set your loan risk credit rating from D to A+
❌ GoPeer Lending Cons:
- You will have delinquent payments which might not ever be recoverable
- No mobile app
- Typically these are higher risk investments
My IG:
@MoneyWithMark
/ moneywithmark
TikTok:
@MoneyWithMark
Chapters:
0:00 - What Is GoPeer
1:10 - GoPeer Pros
2:32 - GoPeer Cons
4:25 - Is GoPeer Safe?
5:39 - Give Your Review!
#gopeer #gopeerinvesting #gopeerreview
Music:
bensound.org
Liability Disclaimer: www.moneywithmark.ca/disclaimer/
*I may earn a commission if you buy any products or services via the links in this video's description. This video is not investment, financial, or legal advice. It may be incorrect, outdated, inaccurate, or reflect personal opinions. This video is for entertainment purposes only.

[@MoneyWithMark69]

👇Invest With GoPeer👇 www.moneywithmark.ca/go/peer/ 👇Borrow Money With GoPeer👇 www.moneywithmark.ca/go/peer-borrowers/

[@mrollins4684]

The "lending" side IS the investing side. I think you mean to say "borrowing" side. Great info nonetheless

[@gopeer5974]

Great video, thanks for the review Mark!

[@MoneyWithMark69]

No problem! Thanks for your amazing product that empowers us Canadian consumers!

[@user-lp2mt6vb3j]

Hey Mark, thank you for the review. How risky do you think is loaning money to people in GoPeer? I mean, end of the day, why would lenders not borrow from the bank (unless they have terrible credit and if that is the case, why would people want to risk their money lending it to non-trustworthy people?). I get the business model, what I do not get is why I would want a loan from GoPeer if I can get one from a bank. What are your thoughts?

[@priyankabhatia1602]

Hey mark. Thank you for sharing the information. Do you know if work permit holders are allowed to invest in gopeers Or not?

[@MoneyWithMark69]

Hi Priyanka! I’m not sure. You would have to ask GoPeer

[@ExNihilo634]

Nice! I never knew about this 😮

[@MoneyWithMark69]

Yes me neither! Came across my radar a few years back so I’ve been testing it out for a while now. Pretty great idea! 💡

[@skychad2008]

@@MoneyWithMark69 I just found out about gopeer and have started with $1000 to test the waters.

[@pandorasbox5576]

Hey Mark, Thanks for the information. Do you happen to know if a corporation can invest with gopeer ?

[@MoneyWithMark69]

I’m not sure. However if you contact them I’m sure they can set you up with a corporate account. I’ve talked with their team before and they are very much go-getters!

[@silentmajority3399]

The $10,000 limit .. is that max per year, or total lifetime until you reach out to them and ask for a limit increase? Like at the start of each calendar year you get an additional 10k room to invest?

[@MoneyWithMark69]

I'm not Sure. It just says if you want to invest more than that to contact them. I've almost hit that amount with them since opening my account so I'll let you know if it's a lifetime thing soon!

[@silentmajority3399]

@@MoneyWithMark69 appreciate it! Thanks

[@N4turalNature]

Thank you so much! what about passive income, do gopeer pay you monthly? thank you ! i liked and also subscribe to your Channel.

[@MoneyWithMark69]

Welcome to the channel! Yes I setup my investing to be automatic. So I send pay GoPeer monthly and have GoPeer auto invest it based on my criteria

[@dimitriisrailev6191]

Love your channel but the beeping in the background……

[@MoneyWithMark69]

Oh there's a beeping?? I'll try to fix that. Thanks for letting me know!

[@dlawodnr93]

I am thinking to invest in P2P Investment- Only reason is diversification Current invested in: 1. Stocks. 2. ETF. 3. Mutual Funds. 4. Bonds. 5. Private Equity . 6. Crypto. 7. Gold. 8. REITS. 9. GIC. 10. Vending Machines. Future Investment lists. 1. NFT. 2. P2P. 3. WIne. 4. ARTS. 5. Watches.

[@MoneyWithMark69]

You’re well diversified!! Yeah I’ve been loving being a P2P investor. It’s been lucrative for me so far

[@dba9923]

Do u actually earn money?

[@MoneyWithMark69]

Yes I have! I’ve done some withdrawals from Go Peer but mostly reinvest my earnings with them too

[@jsplasha]

Taxed as income so makes no sense if you still have room in your TFSA. Besides that, seems pretty high risk low reward. Locking up money for at least 3 years by giving it to a company that hasn't even been around 3 years? So they can give it to people who have trouble getting a loan? And none of its insured. Is the company even profitable? What happens if they go under? You lose 100%. They had to take out a loan themselves with another seed round less than a year ago. I'd need the company to have been around 3-5 years before I'm going to commit to locking up money with them for 3-5 years.