• hitmyspot@aussie.zone
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    8 days ago

    I’ve seen some of what you’re talking about, but it’s all seemed to be large finds and large investors. The link you sent is a show not an article. Do you have anything else. Not available in my area.

    All articles I’ve seen, it doesn’t seem to be mom and pop investors but certainly it is being packaged more, which could attract retail investors. Things like pension funds, od expect them to invest in a broad range of more complex assets. So that’s not really concerning unless they are over invested.

    • anomnom@sh.itjust.works
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      8 days ago

      I only encountered it as a podcast while working, but it’sa respected public radio show, and the story included an individual whose financial advisor had recommended private lending as stable long term returns.

      But then a new advisor worried he was over invested in them, and that default risk isn’t disclosed, in fact it was often hard to tell which companies are getting loans from your investment. It all sounded very much like the housing bubble or savings and loans bubble from before that.