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I have a few hundred dollars 'extra' from my bonus this year and wanted to see if I can use that to get into P2P lending. It looks like Lending Club is the way to go. If I steal April's Bluevestments filter and throw $500~ (while taking other general advice, such as paying attention to what potential borrowers write, and how the write it, the purpose of the loan, etc.), will I at least avoid shooting myself in the foot long enough to learn the ropes to make this a potentially longer term investment?
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Dec 25, 2016 21:51
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| # ¿ May 1, 2024 23:56 |
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I've got money in the bank for about a half a year and contribute 10% to my 401k. I've no debt and so this money is very 'safe' money in that I'm ready to lose it all on an investment experience. I'd like to commit to 36 month notes until I gain more confidence in my understanding and the system as a whole. Are their bulk statistics about default rates, expected returns, etc that one can view by chance?
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Dec 26, 2016 02:30
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