Investing Made Simple: What Beginners Need to Know

The topic of investing is becoming increasingly popular in Lithuania, especially after the reform of the second pillar pension system. However, as with starting any new activity, the first step is often the most important. To make it easier, Miglė Grybinienė, Head of Marketing at the crowdfunding platform “Profitus,” shared insights on investing in real estate-backed loans.

– Miglė, you work at a crowdfunding platform. What is crowdfunding?
– It’s a model involving three parties: a real estate business that needs financing, a platform that evaluates projects and risks, and investors who have available funds.

– Many people think you need a lot of money. What is the minimum investment?
– The minimum amount is €100. Most people can afford to allocate such a sum if they set their priorities properly.

– How does the investment process work?
– To start investing, you need a phone, an ID card, and a bank card. The easiest way to access the Profitus platform is via your phone—either through a browser or by downloading the app. After registering and verifying your identity with an ID card, you fund your account with the desired amount. Then you can browse available investment projects, choose one, and invest in just a few clicks.

– What kind of returns can investors expect?
– The average annual return is around 9–10%. Investors can also see which specific real estate projects they are investing in.

– Investing always involves risk. What are the risks in this case?
– Investments are secured by real estate collateral. The main risks are delayed interest payments or late loan repayment. In such cases, the recovery of the pledged asset is initiated.

– What trends do you observe among investors?
– The number of investors in Lithuania is growing rapidly. The biggest increase is among young people and women, who tend to invest thoughtfully.

– How do you evaluate the decision to opt out of second pillar pension savings?
– It’s important to understand that it was a form of continuous investing. If a person opts out, they should maintain the habit of investing independently. If unsure what to do, it’s better not to rush.

– Is it possible to invest in a child’s name?
– Yes. Many parents create accounts for their children and invest for their future, for example using state-provided benefits.

– What new developments can investors expect?
– The platform will soon allow investments not only in real estate but also in bonds. To make the first step easier, I have a promo code “LABASVAKARAS30.” By using it, investors will receive a €30 bonus for their first investment.

See more: https://lnk.lt/straipsniai/verslas/investavimas-paprastai-ka-reikia-zinoti-pradedantiesiems/370263