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re: Lending Club Question
Posted on 12/22/15 at 7:43 pm to geauxbears08
Posted on 12/22/15 at 7:43 pm to geauxbears08
I participate in lending club and have a thread on here about it. That being said, what you're proposing is insanity. Would you do the same and sock that money into the stock market?
Those loans are in no way secure and could end up in a world of hurt quickly. Plus would you not re-invest your dividends/returned principal?
Those loans are in no way secure and could end up in a world of hurt quickly. Plus would you not re-invest your dividends/returned principal?
This post was edited on 12/22/15 at 8:18 pm
1
Posted on 12/22/15 at 9:37 pm to TJG210
The notes are not nearly as risky as you would think.
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