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After a very Merry Christmas, many people are waking up to bills they can’t pay and growing debt. With credit harder to come by from traditional sources, peer-to-peer lending is becoming far more common, but is it a good idea? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to discuss why asking a friend to spot you some money is not a good thing and how to overcome this problem.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: advisor, bills, chapwood investment, credit, debt, financial advisor, fox news, growing debt, money, peer to peer, performance, portfolio, sharpe ratio, wealth manager