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Messages - andy3109

Investors - LC / Another thing to restore investor confidence
« on: May 19, 2016, 11:00:00 PM »
I took a wild gamble and bought 2K lending club today @ $5.00. I'm not convinced that this will end LC with the amount of loans on the books and the customer base. I think average case, the stock goes between 3 and 7 dollars over the next year. Optimistic case the stock reaches $10 in a few years or is bought out for a premium.
I am in about 200K between patchofland and realtyshares—been at it since early 2014. I have anywhere from 5K to 40K per deal (usually 10K). The 4 equity deals have returned an average of shit (~4%), while the debt deals have all paid out. I average about 11% before tax return on 12-24 month debt deals.

To be honest, the first position debt is relatively safe if you know the things to look for. It's the mez. debt that scares me (which of course comes with a higher APR). You'll get a schedule K for each investment at the end of the year.

If you choose to do equity, take all their optimistic numbers (sale price, rental income, etc.) and reduce them by 20-30%. Are you still happy with the return? If so, go ahead. I have two equity deals that are paying out 0$/month ATM because of income shortfalls.
BlueVestment / BlueVestment Filter by TimeLeft?
« on: February 12, 2016, 12:00:00 AM »
Just started BlueVestment today and they autoinvested a bunch of new notes. I took a look at them and a few are in my opinion garbage (despite meeting my simple filter requirements). Some have only 7 or 8 days left to vest and are 50% one who is manually looking at these things would want to touch them.

Can I filter by TimeLeft > 11 days or something?