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Messages - apc3161

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Investors - LC / Another reason future years decline
« on: July 20, 2017, 11:00:00 PM »
I'll give an example to highlight the point:

Imagine there was an investment that returned 1% each day. But every single day, in the evening, they gave you all your money back. Each night, you had to decide whether or not you wanted to invest the following day.

You start off with $100. That night, they give you $101. You decide to re-invest and give them $101 for the next day. At the end of the next day, they hand you $102.01. This continues for 1 week, after which you have $107.21. They return this money to you. This has been great, you've been having an average rate of return of 1% per day. This night however, you decide you don't want to reinvest. You do this 1 week. So after 14 days, you still have $107.21. This means your average return over 14 days, more or less, dropped from 1% per day to 0.5% per day, solely because you stopped investing. This makes sense, if you don't invest your money, you won't make any returns, and your average rate of return decreases as time passes.

In the case of LC, it's similar to the above example, the only difference being that each night they give you back ~0.07% as opposed to 100%. If you don't re-invest what they give back to your, your average rate of return will decrease. However, the rate of return for the money that you still have invested, will remain the same.
Investors - LC / June seems to be a horrible month for me
« on: June 17, 2017, 11:00:00 PM »
Looking at the most recent quarterly report, it is stated that individual investor capital actually increased by $30 million this past quarter. However, it seems everyone on here is slowly withdrawing their money. How are these two observations compatible?
Investors - LC /
« on: June 02, 2017, 11:00:00 PM »
Don't make the mistake of lowering your lending standards. Just take your money elsewhere.
Investors - LC /
« on: February 22, 2017, 12:00:00 AM »
Investors - LC /
« on: February 21, 2017, 12:00:00 AM »
The correct strategy should have been this: You have your filters (with their known returns), and you stick with them. If lending standards got worse and/or interest rates were lowered, this would have resulted in a lot of unused cash in your account. This cash should have then been withdrawn and put in stocks, bonds, real estate etc. If/once your filters started to find matches again, you can bring that cash back into LC.
Investors - LC / LC prepayments rising
« on: February 20, 2017, 12:00:00 AM »
I just asked LC in an email if they could tell me what percentage of pre-payed loans are due to LC's own refinancing. They couldn't/wouldn't provide this info:

"All the information we display public ally is located on our Statistics page and we currently do not have the data for how many of the pre paid loans are from refinancing. Thank you for your understanding."
Investors - LC / Worst Month Yet
« on: December 20, 2016, 12:00:00 AM »
Is anybody NOT taking money out? I know I am taking out all the cash as it comes in now and investing elsewhere. I mean c'mon, tax free bonds have better returns than LC p2p right now. Do they think investors will just accept these returns? 4-5% is not worth the trouble/risk.
Investors - LC / New Understanding Your Returns Chart
« on: November 15, 2016, 12:00:00 AM »
Notice how things went started going bad ~24 months ago, i.e. when they went public.  I've said it before, but basically after they went public, in an attempt to maintain their insane growth, they drastically lowered lending standards.
Investors - LC /
« on: November 11, 2016, 12:00:00 AM »
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