Peer to peer investing sites have grown in popularity in recent years as an alternative way to generate income and invest funds. As more people become comfortable using digital mediums for their financial goals, the internet has become a key source of information and investment opportunities. Through peer to peer investing sites, individuals can access tools and advice, receive returns on investments, and access a larger pool of potential investments—all from the comfort of their homes or offices.

Peer to peer investing sites are gaining steam as a popular way to earn passive income. Returns vary depending on the specific platform, but on average peer to peer sites offer better rates of return than traditional savings accounts or CDs. The ability to access more diverse investments like alternative assets is also an advantage when it comes to the benefits of peer to peer investing sites—as access to those types of investments can be more difficult to access from traditional sources.

One of the largest advantages that peer to peer sites offer traditional investments is the ability to access short-term investments with lower risk. Because the investment lifecycle on peer to peer sites is generally shorter, it provides the opportunity to invest a smaller amount of money over a shorter period of time. This can mean mitigating risk as opposed to traditional investing outlets where money can be tied up for a longer period of time while still receiving decent returns.

Peer to peer sites also offer educational resources and advice on investing in general. Platforms like Lending Club provide tutorials and resources geared towards investors, and have experienced customer service teams dedicated to helping users of their platform. This can be beneficial, even for experienced investors, as it helps to remove much of the normal research required when pursuing traditional investments.

In summary, peer to peer investing sites offer a great opportunity to access better returns than traditional savings accounts or CDs. Additionally, users can access greater diversity of investments, invest over shorter periods of time, and take advantage of help from customer service teams to make their investments successful. These advantages can make peer to peer investing sites an attractive option for investors of all levels and experience.