Comments on: My December 2009 Lending Club Performance Update – Earning a 15% Annual Rate of Return http://ownthedollar.com/2009/12/december-2009-lending-club-performance-update-earning-15-annual-rate-return/ Own the dollar....don't let the dollar own you. Wed, 25 Jan 2012 14:35:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Money Hacks Carnival #99 - Farewell Tim Tebow Edition | Breaking News Now!http://ownthedollar.com/2009/12/december-2009-lending-club-performance-update-earning-15-annual-rate-return/#comment-12631 Money Hacks Carnival #99 - Farewell Tim Tebow Edition | Breaking News Now! Tue, 19 Jan 2010 04:04:28 +0000 http://ownthedollar.com/?p=2863#comment-12631 [...] presents My December 2009 Lending Club Performance Update - Earning a 15% Annual Rate of Return posted at Own The [...] [...] presents My December 2009 Lending Club Performance Update – Earning a 15% Annual Rate of Return posted at Own The [...]

]]> By: Money Hacks Carnival #99 – Farewell Tim Tebow Edition | 20s Moneyhttp://ownthedollar.com/2009/12/december-2009-lending-club-performance-update-earning-15-annual-rate-return/#comment-11865 Money Hacks Carnival #99 – Farewell Tim Tebow Edition | 20s Money Wed, 06 Jan 2010 07:47:19 +0000 http://ownthedollar.com/?p=2863#comment-11865 [...] presents My December 2009 Lending Club Performance Update - Earning a 15% Annual Rate of Return posted at Own The [...] [...] presents My December 2009 Lending Club Performance Update – Earning a 15% Annual Rate of Return posted at Own The [...]

]]> By: Matt SFhttp://ownthedollar.com/2009/12/december-2009-lending-club-performance-update-earning-15-annual-rate-return/#comment-11648 Matt SF Wed, 30 Dec 2009 23:42:12 +0000 http://ownthedollar.com/?p=2863#comment-11648 15% sounds pretty sweeeeet! Big congrats thus far! I noticed a few real gems in the Grade D loans (gov't employees, low DTI's, etc.) but was too chicken to take the plunge so early. Instead, I went a little more conservative with the B and C grade loans, from older borrowers with 5-10 years at the company, low DTIs, etc, but thought it best just to test the waters with safer plays since this is my first time out. If I can duplicate your/our successes thus far, I might scale it up 10 fold just to see if I can make it work on a larger scale. 15% sounds pretty sweeeeet! Big congrats thus far! I noticed a few real gems in the Grade D loans (gov’t employees, low DTI’s, etc.) but was too chicken to take the plunge so early.

Instead, I went a little more conservative with the B and C grade loans, from older borrowers with 5-10 years at the company, low DTIs, etc, but thought it best just to test the waters with safer plays since this is my first time out.

If I can duplicate your/our successes thus far, I might scale it up 10 fold just to see if I can make it work on a larger scale.

]]> By: Danielhttp://ownthedollar.com/2009/12/december-2009-lending-club-performance-update-earning-15-annual-rate-return/#comment-11639 Daniel Wed, 30 Dec 2009 20:17:11 +0000 http://ownthedollar.com/?p=2863#comment-11639 I really wish that I lived in a state that allowed me to participate in P2P lending. Living in D.C., I'm prohibited, and there's no good reason why I shouldn't be allowed to participate. So here I am stuck with investing in my low rate savings account.. Congratulations on your success! I really wish that I lived in a state that allowed me to participate in P2P lending. Living in D.C., I’m prohibited, and there’s no good reason why I shouldn’t be allowed to participate. So here I am stuck with investing in my low rate savings account..

Congratulations on your success!

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