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Pulling the plug

Started by Peter, March 07, 2017, 11:00:00 PM

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gottodo1

I just wanted to post as you have all been so helpful on this journey of almost 10 years. I stopped funding my account a few months ago and now I have made withdraws. I will be  letting things settle out and withdrawing as I go. This month my XIRR return on notes < 3 years dropped below 7% which is below acceptable for my risk tolerance. I also never liked the fact that some people got my money for free because they were deadbeats, I won't miss that http://forum.lendacademy.com/Smileys/default/smiley.gif" alt=":)" title="Smiley" class="smiley" />. That's why I pay taxes, don't need to do it twice.

I also miss the way it used to be when I had >13% returns and I was able to spend time and actually invest in the people writing the descriptions. Shoot, I know for a fact I helped fund a new gas-station just up the street from my house in AZ... that was pretty cool.

I'll try to remember to post my stats when everything settles out in a few years.

Thanks again for everything guys! 

rawraw

Sorry to see you go buddy!  Good luck

Peter

Publisher of the Lend Academy blog

See my returns here: http://www.lendacademy.com/returns

NEW LOANS:   | 804.eth 2.500 Ξ | remoraid.eth 0.299 Ξ | remoraid.eth 0.299 Ξ | ALL