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re: Lending Club Strategies
Posted on 12/14/15 at 2:23 pm to b-rab2
Posted on 12/14/15 at 2:23 pm to b-rab2
I'm still doing it. $25 a week. Got a little over $1,000 in and 47 notes, so I'm not at that 200 note full diversification level yet.
Shade under 7% return because one note is well over 30 days past due. Dude took out 30k and hasn't made a payment yet.
Just fun money.
Shade under 7% return because one note is well over 30 days past due. Dude took out 30k and hasn't made a payment yet.
Just fun money.
This post was edited on 12/14/15 at 2:24 pm
Posted on 12/14/15 at 2:31 pm to Teddy Ruxpin
I keep wanting to try it, but just don't know much about it how how to set it up. Do you know the minimum deposit?
Posted on 12/14/15 at 6:35 pm to Teddy Ruxpin
I'm almost exactly half of where you are. I put in 500 and have about 24 notes at this time. Every time I get 25 paid back I buy another note. So far I'm averaging 11% but I've only been doing it for a little under a year. I've been super lucky with 0 late notes. I stay with mostly B's few C's and few A's. Threw in a D the other day for fun.
Posted on 12/15/15 at 8:42 am to Teddy Ruxpin
quote:
Shade under 7% return because one note is well over 30 days past due. Dude took out 30k and hasn't made a payment yet
Hope his name isn't Farook!
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