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Messages - jd

#1
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#2
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#3
Investors - LC / LC interest rates updated 5/8/2018
December 31, 1969, 06:00:00 PM
Morning Fred,

I always appreciate your thought out view points. I had a few questions if you are so inclined to answer:

1-What would you have expected them to raise the rates to?

2-Are the increases good or bad for: (A) the stock price (B) the investor who funds the loans (C) the borrower?

Thanks

#7
A lot of you guys on here were very kind answering my questions prior to me signing up with Lending Club.  Figured I'd give a seven month (or so) update.

I started buying loans on 09-14-17 and I've been adding several to my account weekly. 

My Notes at-a-Glance      159

Not Yet Issued                    2
Issued & Current             148
In Grace Period                   0
Fully Paid                            8
Late 31 - 120 Days              1

Adjusted Net Annualized Return      10.33%
Net Annualized Return                    12.23%
Weighted Average Age of Portfolio:  4.2 months

My notes by grade are:

A  22.4%
B  30.90%
C  27.70%
D  14.60%
E   4.50%

I have no reason to be anything but happy with the results so far.

I've been using LC picks (see other threads in the forum about them if you are unfamiliar) in order to pick which loans to invest in. My LC picks ranking (active notes) is 71.74/82. 

I don't work for LC picks nor am I family member or something.  I just wanted to be transparent about how I make my choices.

Thanks again for all who helped out in the past.
#8
What is the number of new loans that would be considered good?  100 a day? 200? 1,000?
 
Do any of you have cash in your LC account that you won't invest because the amount of new loans isn't meeting your requirements (be it for volume or quality reasons)?


#9
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#10
Investors - LC / Lending Club Portfolio Score
February 07, 2018, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=4808.msg42994#msg42994">Quote"> from: RomanLegend on February 08, 2018, 03:17:41 AM
#11
Investors - LC / Investing with Bondora
January 18, 2018, 11:00:00 PM
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#12
Investors - LC / What is Your Minimum Acceptable Return
January 12, 2018, 11:00:00 PM
8% plus is always a nice choice.

I'm currently at 12.02% NAR.  My account is young and not huge (over 100 notes).  When I get to the six month point I'll post some of the details. 
#13
I have this one ranked worse than yours:

https://www.lendingclub.com/browse/loanDetail.action?loan_id=126000465" class="bbc_link" target="_blank">https://www.lendingclub.com/browse/loanDetail.action?loan_id=126000465

I have added two other loans today (5.32 and 16.02)
#14
I'd never get that loan. They make 12K but are looking to borrow 9.7K.  Feels like trouble.

#15
I'm not in Prosper so I never looked all that closely at the fees but that is crazy.  Thanks for shinning some light on good news.