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Messages - TravelingPennies

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16
Investors - LC /
« on: October 10, 2020, 11:00:00 PM »
In other words, the answer is that the interest rate is not enough except that it will serve as a transitional vehicle for people moving their funds out of Lending Club.
18
Investors - LC /
« on: October 09, 2020, 11:00:00 PM »
19
Investors - LC / LC Picks New Year Sale
« on: October 08, 2020, 11:00:00 PM »
Quote
21
Investors - LC /
« on: October 08, 2020, 11:00:00 PM »
22
Investors - LC / Post-News IRA Strategy
« on: October 08, 2020, 11:00:00 PM »
I'm wondering what my best strategy is to minimize the fees. I have $ 12,810 in principal value in my LC IRA using STRATA as the custodian.

1. Do you think I should continue investing available funds until the shutdown?
2. Is there a transfer pattern that will save on fees?

I am still 3 years away from making penalty free withdrawls and had not planned to use these funds for at least 10 years. I am emailing the LC helpdesk to see if they can offer any advice but I'm sure they are swamped.
24
Investors - LC / RIP Lendingclub Notes
« on: October 07, 2020, 11:00:00 PM »
Yea...lol. I see the folio platform went away in August. Shows how much attention I’ve been paying to LC since I liquidated a bunch in Feb/Mar. I wouldn’t be surprised if folio shutting down was one of the nails in the coffin. The at least partial liquidity of the notes made the investment a bit more attractive.

Btw, welcome back, @core.


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26
Investors - LC / RIP Lendingclub Notes
« on: October 06, 2020, 11:00:00 PM »
LC stock up 6% today.  The market thinks this is a positive development.
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