Here are some sad stories about lending money and not getting paid back. In general, I am against lending money to people you care about. These include lending money to friends and family. Don’t do it unless it’s a life or death situation. Give the money instead. Lending money to friends, family, and strangers is […]
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Peer-to-peer lending (P2P) is a method of debt financing that has gained popularity in recent years. P2P platforms utilize technology and big data so people can borrow and lend money from one another without using a traditional bank. Lending Club is the premier peer-to-peer (P2P) lending platform on the market today. With constantly changing financial
Is Lending Club A Good Investment Today? Read More »
Lending Club is just bouncing along in 2020 and not doing that great. The P2P industry is in a bit of a funk, if the share price is any indication. In fact, I updated my best passive income investments ranking and downgraded P2P to last. But here’s an overview anyway. Are you interested in peer-to-peer
How Is Lending Club Doing In 2020? Read More »
There’s one big risk of peer-to-peer lending you might not be aware of. And that’s how addicting peer-to-peer lending can get! When I log into my P2P account to figure out where to dole out my next $1,000 tranche to borrowers, I feel a little bit like President Biden handing out money to his supporters.
One Big Risk Of Peer-To-Peer Lending: You Might Get Addicted! Read More »
Updated for 2018 As an investor in P2P lending, I’m doing as much due diligence as possible to make sure I have the right portfolio that matches my risk profile. I’m at the lower end of the risk spectrum because I’m using P2P among other investments to replace my CDs which are coming due over
P2P Investor Returns By Borrower Rating And By Credit Score Read More »
Let’s look at the best alternative to peer-to-peer lending. P2P lending ranks last in my best passive income rankings. Therefore, it’s best to look for better investments. Since first writing about my plans to invest more in P2P through LendingClub.com, I’ve been having a difficult time mobilizing a sizable amount of assets to make a
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Sometimes P2P borrowers stop paying. Then what? I’ve been an investor with Prosper, a peer-to-peer (P2P) lending company since 2012. I usually check my account once a quarter to view my performance and to re-invest cash that has come in from borrower payments. Per my latest passive income update, the annualized return of all of the notes in
What Happens When A P2P Borrower Stops Paying? Read More »
With savings interest rates under 0.3%, the 10-year yield under 2.5%, and stock market dividend yields under 2.5%, investors are starving for yield. I’m looking for a relatively hands off investment class that can provide superior yields as my long term 4%+ CDs start rolling off in 2017. I think I’ve found it in peer-to-peer
Investing In Peer-To-Peer Lending With Prosper.com Read More »
If you’re looking to achieve financial freedom before a traditional retirement age (60+), you must build passive income. This post will highlight the best passive income investments in our current economic environment. Passive income is the holy grail of personal finance. If you have enough passive income to cover your desired lifestyle, then you are
Ranking The Best Passive Income Investments Read More »
If you want to invest in real estate, consider investing in Fundrise eFunds. Fundrise eFunds are private real estate funds that provide diversified exposure across America. Washington D.C. based Fundrise is one of the most innovative real estate crowdfunding platforms today. They were the first to create the eREIT, a real estate fund that uses
Fundrise eFunds: An Innovative Way To Invest In Your Future Home Read More »
