This month, we pointed out some investing tips by great authors and also provided a guide on how to withdraw and share your Go & Grow money with other services on the platform. Catch up with the details below.
3 investing tips from top authors
If you think Investment Education is expensive, then try Ignorance. As the saying goes – Knowledge is Power.
On our recommended list is “The Richest Man in Babylon“ by George S. Clason who says you should “Increase your ability to earn“.
Mark Douglas, “Trading in the Zone“ advises that emotion-based decisions can damage an investor’s hope of getting a consistent net return.
And Robert Kiyosaki in “Rich Dad Poor Dad“ strongly believes that you can make your money work for you for the rest of your life – especially with assets that produce income and appreciates in value.
I can’t withdraw – What should I do?
This can happen if you initially deposited to your Bondora account via your credit card. If this is the case, we always need to send your money (when you make a withdrawal) via the same method and for the amount originally deposited from the card. This is the standard procedure for most financial companies and credit card payments.
After everything has been transferred back to the card, the bank transfer option (SEPA) will be available on your account – then you can make withdrawals to your bank account.
Some common myths about startups in 2018
The pay is low: One of the biggest mistakes people make is making a general assumption that you earn less when you are working with a startup, but the reverse is the case.
Everyone is under 25: Age does not determine the skills of a person. What speaks louder is their attitude, ability to learn, experience and natural talents. In fact at Bondora our team ranges from 20’s to 50’s.
You work long hours: Most startups do not go by the conventional 9am to 5pm working hours. In fact, they wouldn’t blink if you say you’ll work from home because they know work freedom sends job satisfaction through the roof.
Share your Go & Grow money with other services
If you’re already using Go & Grow and want to invest part of the money into other services like Portfolio manager and Portfolio Pro, that’s easy. All you need to do is withdraw the money from your Go & Grow account to your Available funds.
Click the Go & Grow tab, select the settings icon and click “Withdraw“. Enter the amount and click “Withdraw“ one more time. The money will then appear on your “Available funds“ for your Portfolio Manager or Portfolio Pro to start investing.
*As with any investment, your capital is at risk and the investments are not guaranteed. The yield is up to 6.75%. Before deciding to invest, please review our risk statement or consult with a financial advisor if necessary.