I've frequently stated that I need to overhaul my portfolio. Currently, I hold almost everything in aggressive stock funds or even pure stocks. While this strategy may be a bit reckless, I'm not fond of the idea of losing money to inflation when holding it in cash or bonds. I was chatting with Write Your Own Reality (Mr. WYOR from this point on) about this topic recently. … [Read more...] about Guest post: How peer lending fits into my portfolio
prosper
Lending Club verses Prosper
While I've only been blogging about my Lending Club returns so far, I also have a Prosper account. I've actually been a lender with Prosper longer than Lending Club, almost 2.5 years now. I've been a lender with Lending Club for almost 2 years. You would think that by now, I'd be able to choose a favorite. However, I cannot. They both have features that I like. Prosper has … [Read more...] about Lending Club verses Prosper
Introduction to peer-to-peer lending with Lending Club and Prosper
Prosper.com and LendingClub.com are two websites that facilitate peer to peer (P2P) lending. What is P2P lending you ask? Wikipedia.org defines it as follows: Peer-to-peer lending (also known as person-to-person lending, peer-to-peer investing, and social lending; abbreviated frequently as P2P lending) is the practice of lending money to previously unrelated individuals or … [Read more...] about Introduction to peer-to-peer lending with Lending Club and Prosper