On several occasions I have shared my Prosper successes (12-14% ROI for past 3 years) with friends and relatives. During these discussions I have tried to explain that P2P lending is a relatively low risk approach to obtaining a consistent ROI. I have even used some of the information I have learned from the Lending Academy website and these forums. It's not like I push P2P lending like a used car salesman, its just a normal discussion. However, not a single friend/relative has decided to participate in P2P lending. Most of them think I am crazy! I have nothing to gain by them stepping into the P2P waters, but I feel bad they are not enjoying the success of P2P lending. Any tips on how to best convince others of the advantages of P2P lending? What has worked for you?
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#1
Investors - P / How to "sell" P2P lending to friends/relatives without sounding crazy?
January 24, 2013, 11:00:00 PM #2
General P2P Lending Discussion / Background of P2P Investors
December 18, 2012, 11:00:00 PM
Government auditor for 25 years and counting. 
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#3
Investors - P / Finding Blenders
November 14, 2012, 11:00:00 PM
Does anyone know how to use the Prosper search criteria to find Blenders (borrowers who use loan proceeds to lend to other borrowers)? I think I have that right. Thanks to anyone who can help with this.
#4
Investors - P / Can I "roll" my notes into an IRA?
October 20, 2012, 11:00:00 PM
I can confirm that Dagilbe is correct.
#5
Investors - P / Prosper Roth IRA
October 19, 2012, 11:00:00 PM
I am considering a Roth IRA with Prosper through Sterling Trust. I've been told there will be absolutley no fees if the Roth balance remains above $10,000. Does anyone have any experience in establishing a Roth IRA and are there indeeed no fees? Also, any other comments/thoughts on the Roth IRA option will be appreciated. Thanks
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