Returns on 3rd party Automation

[bdonovan]

Can anyone share what lift you're seeing by using 3rd party automation for investing (such as NSR, Lending Robots, etc.).   I'm having a few challenges with this.  One is finding a side-by-side comparison of the tools. The best I've found is this: http://www.lendacademy.com/overview-p2p-automation-analytics-sites-part-2/" class="bbc_link" target="_blank">http://www.lendacademy.com/overview-p2p-automation-analytics-sites-part-2/ , but hard to gauge from it.  Second, don't know if the fee is worth it- what kind of improve performance people are seeing.  Third, it seems you have to link your LC account to the robot to see how it works- and rt. now just have one account.  For most of the bots, it seems they don't play well together and can't section off one part of your account for them to use (that easily). 

My preference is for an automated service, but one that gives me some visibility into what it's doing.  I just started using Lending Robot- but I do find it's automated service a bit opaque. 

Thanks again - I know I'm asking a bunch of questions as I try to figure it out.

[Zach]

Full disclosure: I work for NSR Invest

We aim to offer completely hands-off investment approach with our Fully-Managed Account offering, but we also provide the tools and analytics for our investors to have complete transparency into every loan/note in your portfolio.

You can use our portfolio analysis tool to monitor key metrics and see granular data on credit quality, etc.

We track the returns of our Fully-Managed strategies on a monthly basis. The last update was in April, as we're currently working on a revamp of the calculations with more automation. You can see the April newsletter here: http://us8.campaign-archive1.com/?u=5508a65609ac3d4da249fd10f&id=84f42a77fa" class="bbc_link" target="_blank">http://us8.campaign-archive1.com/?u=5508a65609ac3d4da249fd10f&id=84f42a77fa.

We would be happy to answer any other questions you might have. You can get in touch by messaging us on our website or  phone at 720-259-0455.

[Houstoncory]

I've only been on lending club.com for 3 months now and signed up for lending robot 30 days ago. So far it's doing well but too early for solid results.