My Business and Financial Freedom Journey
This update marks now two years since I’ve been investing in Lending Club notes (see my first review of Lending Club). Since my last update, my NAR has decreased to 11.32% from 11.35%. Since then I’ve had an additional note default. I now have exactly 300 notes in my portfolio and is up from 222 [...]
There seems to be a great debate going on the web regarding investing in Lending Club. As an investor of Lending Club notes, you have a chance to ask questions to the borrower.
When someone speaks of investing in a precious asset, it’s gold that gets all of the attention. Gold prices are tracked by different indices, and prominently talked about in the news. Silver on the other hand is often overlooked by investors and does not receive the attention of Wall Street. Silver is known as the [...]
The second quarter of 2011 is here already, and it means another update of my Lending Club account. My last Lending Club update was January 2011. Performance since then has remained steady. My NAR (Net Annualized Return) is at around 11.30-11.45% . New readers to the blog should start reading my first post where I [...]
Peer to peer (p2p) lending has been around for several years now, but during this time there has been a wide range of investor returns. The most successful investors are earning more than 20%, but there are some unfortunate individuals who have lost money with returns of -25% or worse. Most investor returns fall somewhere [...]
The new year is here, and once again it’s time to update my performance since the original Lending Club review. Drum roll please… 11.42% NAR. So far performance is doing great, and I will restate that I am happy with my returns. Last quarter you’ll notice my performance was at 12.38%. This 96 basis point decrease is [...]
The constant theme for the past year or so with my blog, and with my personal finance is returns on fixed rate investments stink. The head of the NY Federal Reserve even stated this morning on CNBC, one of the purposes of quantitative easing is to force people to invest in more riskier assets. No [...]
As promised here is another quarterly update. If this is your first time reading about this, please read my original Lending Club review for more details on loan selection, and how I am investing. According to Lending Club’s stats, I’m up 40 basis points in my NAR (Net Asset Return) from my previous update in [...]
When I initially posted my Lending Club review last December I promised I would give periodic updates. That time has come. I’ll let my screenshot speak for my results:
