I'm new to this site and boy am I glad I found it! There is a wealth of information being shared and I am looking forward to joining LC Investors community.
I've been investing in LC notes since February of this year. Initially I made the assumption that 36 month notes carry less risk (didn't do any formal analysis of the statistics) and purchased only 36 month notes. Recently, in an attempt to find more notes that meet my filters I have started to look at 60 month notes and its seems to me I am finding some real gems in there.
Will some of you please share your throughts on 36 month vs 60 month based on your experience or research of the statistics? Do the 60 month notes carry so much more risk that the higher rate may not be worth it?
I've started to purchase 60 month notes but before I add to many more I'd love to hear about other investors experiences with them.
I've been investing in LC notes since February of this year. Initially I made the assumption that 36 month notes carry less risk (didn't do any formal analysis of the statistics) and purchased only 36 month notes. Recently, in an attempt to find more notes that meet my filters I have started to look at 60 month notes and its seems to me I am finding some real gems in there.
Will some of you please share your throughts on 36 month vs 60 month based on your experience or research of the statistics? Do the 60 month notes carry so much more risk that the higher rate may not be worth it?
I've started to purchase 60 month notes but before I add to many more I'd love to hear about other investors experiences with them.