I need to learn to do the fancy replies with quotes here.
I have never been a big forum guy.
Small Fish-Thanks, I did check out BV, but ended up making an account with LR, as their starting point of fees is 5k.
Raymond-Filtering being trustworthy, I see can easily expand upon your profits. I have been using 1/1/2011 as a jump off point. Kinda an arbitrary starting point, but it gives me a decent sample size, and not skewed to hard from the recession of years before. I ignore sample filters if returns are below 1k notes. From articles that I have read, that is not too small, do others think it is? The more you narrow your filters down, the more risk it should take out. Ya the big issue is seeing that the sample size is too small, becoming irrelevant.
I have watched the LR release for 5 cycles (quite small sample size), and was quite surprised by the small number of loans that were filled in the first minute, let alone the first half hour. The last batch of notes issued, none were filled in first minute. 2 were filled at 8 minutes. Guessing that they were actually filled right away before being posted. 1 other was filled in first half hour. Was expecting something like half the 81 notes. (only 14 after 5 hours, 7 of those would not meet some basic filtering.)
Natalie--Could not agree with you more, thus the vast importance of good filtering with stats to back it up.
Is it possible to have too many filters? When doing your research, how small of sample size do you go 10k, 5k, 1k? When you drop money into your account monthly do you have a time frame that you want it to buy notes? Like a day or week or just throughout the month? Do you change your filtering criteria if your money is sitting idle for too long or do you ride it out sticking to your guns?
Thanks all appreciate the insight and help.
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