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I don't have a ton of money invested, but my biggest issue lately has been that, of the few notes available, the ones I do attempt to buy end up dying during LC's review process. I've been trying to buy 2 notes for the last two weeks and still have that 50 bucks sitting around doing nothing. I don't have enough invested/care enough to be using IR, nor do I have enough invested to use automatic investing. It was pretty easy to build a $500 portfolio a few months ago, but it's starting to seem rather difficult to roll incoming payments into new notes.
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Dec 19, 2014 19:41
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| # ¿ May 1, 2024 14:47 |
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Knightmare posted:I ran into that too, but honestly that means that the vetting process kicked them out so it's generally for the best that you couldn't give them your money. It can take a while to get those last few notes however. It's opened up but the minimum is $2500
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Dec 20, 2014 20:15
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Is anyone using LC's auto investment or is it mostly folks using IR?
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Jun 25, 2015 03:22
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Does interest radar auto invest actually work? I set up Aprils filter recently, and on the analysis page it will show some notes found, but auto investment never happens. I have both my filter and main auto investing set to 'Online'. What am I missing?
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Sep 22, 2015 18:27
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Has anyone actually moved away from LC because of this? Or moved over to Prosper? I haven't added any more cash but I'm still making a pretty good return so I am not feeling particularly concerned.
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Jul 9, 2016 15:52
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Why happens in the next US recession and the stock market is also destroyed?
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Jul 11, 2016 23:08
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| # ¿ May 1, 2024 14:47 |
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From what I recall reading, you want to be able to invest around $2500 to mitigate problems with defaults, otherwise you're at a much higher risk for bad coin flips as stated above.
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Dec 26, 2016 03:11
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