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Messages - RaymondG

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Investors - LC / Investing In Your Own Note
« on: December 29, 2013, 12:00:00 AM »
You also lose the opportunity of investing this portion of money to earn return much higher than 4% in future years.

mmmm, you could move the money back to LC account. But then what's the point of losing 2% definitely and you still have those money waiting to be invested?
Investors - LC / Folio and IRAs
« on: December 29, 2013, 12:00:00 AM »
Not sure if anyone already mentioned it. The post is too long for me to go through all.

If IRAs can buy/sell loans in Foliofn, then people who has one regular LC account and one LC IRA account can gain enormous benefits since Foliofn is not a fully liquid market.

case 1. He can sell *Late* loans from his IRA to his regular LC account on full remaining principal or even above. So his IRA account will never have lose, and he can claim tax deduct on the likely defaulted loans now *transferred* to his regular LC account.
case 2. He can sell good loans from regular LC account to his IRA at price much lower. His IRA account can have unreasonable high return (in theory, whatever return you want), while he can also claim tax deduct on the sells that *lose* money in his regular LC account.

My 2 cents.
Investors - LC / Analysing performance of multiple portfolios in a account
« on: December 29, 2013, 12:00:00 AM »

I have been using a worksheet to track performance of multiple portfolios in my LC account. I would like to share it to thank Peter Renton and his Lend Academy. It's a great place for P2P information, and best, it make me feel I am in a group.

About the worksheet. It's shared through So, if you are interested, please browse the following link, and then click the big file snapshot icon, then click Download icon at the right-bottom corner.

In tab "MyNote", a simple introduction of how-to-use is included. The most important calculation is about the return rate of each portfolio. A simplified method is used. It would be good enough if the issue-age range is set not too wide, such as less than 5 years. It did show clearly that one of my current models had much worse lose and make the real return of that portfolio is much lower than expectation. I stopped that model.

It includes loans sold in Foliofn with manual updating. With modification, it could easily include loan purchases in Foliofn too. I have not buy notes from Foliofn for a while, so not coded it.

Hope you like this tool. And, in advance,

Happy New Year!


Raymond G.
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