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  #241  
Old 06-09-2017, 02:19 PM
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Going against the grain and after them dirty notes!
Yeah, my entire portfolio is deadbeets

That's some karma imo
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  #242  
Old 06-09-2017, 02:24 PM
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Yeah, my entire portfolio is deadbeets

That's some karma imo
Yeah, if Obama was still in office, the govt would pay you if these guys defaulted.
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  #243  
Old 06-09-2017, 02:50 PM
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With 500+ Notes, it would pretty much be impossible to lose principal right?
I recall looking at this for the time period around the 2008 market crash. You should verify this information yourself, but, as I recall, the A & B rated notes were slightly negative and everything else was bigly negative. When the SHTF it can be quite messy.

Last edited by 1695814; 06-09-2017 at 02:56 PM..
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  #244  
Old 06-09-2017, 02:52 PM
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LC shows you a return, or you could track it yourself.
Prosper does this, too. Just, fyi.
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  #245  
Old 06-09-2017, 02:56 PM
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I recall looking at this around the time period of the 2008 market crash. You should verify this information yourself, but, as I recall, the A & B rated notes were slightly negative and everything else was bigly negative. When the SHTF it can be quite messy.
Yeah, I'm mostly in A,B, and C anyway because it's a taxable account and I'm trying to limit the defaults
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  #246  
Old 06-09-2017, 03:12 PM
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Yeah, I'm mostly in A,B, and C anyway because it's a taxable account and I'm trying to limit the defaults
speaking of defaults...and maybe the problem is the free tax software I used, but I had to list each.and.every.single.default in some tax form this last year. It was painful...& not worth my time...but I did it anyway...for the ~$20 worth of writeoff.
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  #247  
Old 06-15-2017, 09:48 PM
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This has turned out to be most underwhelming. I'm returning a whopping 4.1% now. I have that some backtested strategies are will hopefully be a bit more prosperous but I am going to begin the long and annoying process of selling off a lot of it and transferring it back. I was hoping for a 6-7% return and if that isn't going to happen, I'll pass.
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  #248  
Old 06-19-2017, 08:18 AM
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This has turned out to be most underwhelming. I'm returning a whopping 4.1% now. I have that some backtested strategies are will hopefully be a bit more prosperous but I am going to begin the long and annoying process of selling off a lot of it and transferring it back. I was hoping for a 6-7% return and if that isn't going to happen, I'll pass.
dang, what was your investing strategy?
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  #249  
Old 06-19-2017, 01:23 PM
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dang, what was your investing strategy?
Not good enough, that's what it was.

However I think that Lending Club are deteriorating. If you go to Nickel Steamroller on the lending club page it says that 2016 loans are at age 12.3 are only generating a 5.96% ROI and 2015 loans at age 23.6 are only generating a 4.89% ROI. Not nearly as good as previous years.

Prosper is worse, with returns of 3.39% for 2015 and 4.25% for 2016.
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Old 06-19-2017, 01:35 PM
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Not good enough, that's what it was.

However I think that Lending Club are deteriorating. If you go to Nickel Steamroller on the lending club page it says that 2016 loans are at age 12.3 are only generating a 5.96% ROI and 2015 loans at age 23.6 are only generating a 4.89% ROI. Not nearly as good as previous years.

Prosper is worse, with returns of 3.39% for 2015 and 4.25% for 2016.
Disappointing as today my account actually got loaded up with a bigly dose of funds.

I'm in Lending Club, so while it would have been great to reap really high returns I guess there are worse things than earning 4-5% in a vehicle where your principal is more of less very secure
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