{"id":36820,"date":"2020-08-14T13:37:59","date_gmt":"2020-08-14T10:37:59","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=36820"},"modified":"2020-08-14T13:37:59","modified_gmt":"2020-08-14T10:37:59","slug":"why-go-grow-works-its-all-thanks-to","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/why-go-grow-works-its-all-thanks-to\/","title":{"rendered":"Why Go & Grow works: It\u2019s all thanks to…"},"content":{"rendered":"\n

Nothing beats Go & Grow when it comes to simple investing. Released to investors a little over two years ago, it\u2019s our most popular product, and used by all kinds of investors. From beginners looking for a simple, hands-free experience, to more seasoned investors who want to diversify their portfolios and be hands on with their investments. It\u2019s a one-size-fits-all solution that is loved by over 92,000 happy investors.<\/p>\n\n\n\n

But what exactly is it that makes Go & Grow work so well<\/a>? What\u2019s the \u2018secret formula\u2019 that makes it investors\u2019 preferred way to grow their money? It\u2019s all thanks to portfolio distribution. In this post, we\u2019re breaking down and explaining all the details of the Go & Grow portfolio, so you can understand exactly where your money is going, and how it\u2019s growing \ud83c\udf31<\/p>\n\n\n\n

\"Lets
Let\u2019s dig in! <\/em><\/figcaption><\/figure><\/div>\n\n\n\n

Bondora risk ratings<\/h2>\n\n\n\n

Diversification is Bondora\u2019s middle name. That\u2019s why Go & Grow spreads its claims across eight different risk ratings\u2014ranging from AA to HR.<\/p>\n\n\n\n

At the moment, HR is the rating with the lowest representation (2.2%), followed by A (3%) and AA (5.8%). The largest distributions are in E and F rated loans (27.1% and 26.6% respectively), followed by D (17.3%) and C (11.9%) rated loans.<\/p>\n\n\n\n

\"Figure
Figure 1a \u2013 Go & Grow Portfolio Overview: August 2020<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

\ud83e\udde9 Did you know that Go & Grow consists of over 109,000 loan claims? That\u2019s what you call next level diversification.<\/p>\n\n\n\n

Distribution by country<\/h2>\n\n\n\n

Estonia continues to gain territory, holding the largest share of the loan origination total with 44%. Finland is only 3% behind, taking second place with 41%. Spain accounts for the minority of the distribution, with 15%. However, we expect Spain to take on a much more prominent role in our originations in the future.<\/p>\n\n\n\n

\"Figure
Figure 2a \u2013 Go & Grow portfolio distribution by country: August 2020<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

What are people investing for?<\/h2>\n\n\n\n

We\u2019ve used the data from the investment goal feature to determine what people are investing for. 59.8% of investors aim for extra income, but seeing as this is our default goal option, these numbers should be taken with a grain of salt. The second most popular goal is Investing for a Rainy Day (11.4%), with Retirement (11.1%) coming a close third.<\/p>\n\n\n\n

\"Figure
Figure 3a \u2013 Investors chosen goal \u2013 August 2020<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

Go & Grow\u2019s great diversification is just one of its many benefits. Here are even more reasons why investors love Go & Grow:<\/p>\n\n\n\n

Top 5 reasons why everyone loves Go & Grow:<\/h3>\n\n\n\n

\u2b50\ufe0fUp to 6.75%* p.a. net return<\/p>\n\n\n\n

\u2b50\ufe0fIncredibly easy to use \u2013 great for beginners!<\/p>\n\n\n\n

\u2b50\ufe0fStart with as little as \u20ac1<\/p>\n\n\n\n

\u2b50\ufe0fPay zero annual management fees<\/p>\n\n\n\n

\u2b50\ufe0fCreate a goal and receive updates on your progress<\/p>\n\n\n\n

Go & Grow returns are added Every. Single. Day.<\/h2>\n\n\n\n

Nothing beats the smell of fresh yields in the morning! You can easily track the returns that are added to your account every day. Login to Bondora, then head to the \u201cStatements<\/a>\u201d section on the left-menu panel on your account to see your returns.<\/p>\n\n\n\n

\"Go<\/figure><\/div>\n\n\n\n

Forecasting your financial future<\/h2>\n\n\n\n

Go & Grow is super easy to use, yes, but that doesn\u2019t mean you can\u2019t go do some kick-ass financial planning! Use our Forecast tool to plan ahead and see your financial strategy in action. Click on the burger icon on the top-right corner of your Go & Grow account to try it out<\/a>. Don\u2019t be shy! Use it to see how different investment scenarios will play out to find your ideal plan. Plan your financial future with Go & Grow Forecast.<\/p>\n\n\n\n

\"Go<\/figure><\/div>\n\n\n\n

And speaking of financial future\u2026<\/h2>\n\n\n\n

We\u2019ve been covering the topic of financial and investment planning on our blog. Want to find out how to create an investment plan? Or how to become financially independent? Our blog has the answers! Click on the articles below to learn more:<\/p>\n\n\n\n

\u27a1\ufe0f Next stop: Financial freedom<\/a><\/p>\n\n\n\n

\u27a1\ufe0f 3 investment plans you could follow to be a millionaire<\/a><\/p>\n\n\n\n

\u27a1\ufe0f How to create your very own investment plan<\/a><\/p>\n\n\n\n

\u27a1\ufe0f Working your way up the 6 levels of financial independence<\/a><\/p>\n\n\n\n

New feature\u2014coming soon!<\/h3>\n\n\n\n

We live for simplicity and we\u2019re always looking for new ways to improve our products<\/a>. That\u2019s why we\u2019ll release a new, simplified Go & Grow user interface to all our investors, soon. The new feature, called Wallet, will allow you to quickly check your investments and available funds at a glance. The design is streamlined, cleaner and self-explanatory. It\u2019s a welcome change and we think you\u2019ll love it. Check out the sneak peek below:<\/p>\n\n\n\n

\"Bondora<\/figure><\/div>\n\n\n\n

And we have a few more surprises up our sleeves \ud83d\ude0e Read our latest Bondora Highlights post<\/a> to see what we have been up to…<\/p>\n\n\n\n

Got more Go & Grow questions? We\u2019ve got the answers: Click here.<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Nothing beats Go & Grow when it comes to simple investing. Released to investors a little over two years ago, it\u2019s our most popular product, and used by all kinds of investors. From beginners looking for a simple, hands-free experience, to more seasoned investors who want to diversify their portfolios and be hands on with […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117],"tags":[],"class_list":["post-36820","post","type-post","status-publish","format-standard","hentry","category-bondora-news"],"acf":[],"featured_image":null,"categories_names":["News"],"category_name":"News","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/36820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=36820"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/36820\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=36820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=36820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=36820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}