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Author Topic: new to investing in LC

w
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new to investing in LC
OP: October 16, 2016, 11:00:00 PM
Last week I bought my first notes. One of my notes in showing "fully Paid" I had invested $50. But I don't see where I actually got the $50 back. If it's truly paid, I want to reinvest it-since I am just getting started. Does it take a few days for the money to reappear-kind of like it takes a few days when you transfer money in to invest?

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#1: October 16, 2016, 11:00:00 PM
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T
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#2: October 17, 2016, 11:00:00 PM
Thank You! I reinvested it this morning.
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R
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#3: October 17, 2016, 11:00:00 PM
You had a note go from newly issued to fully paid in less than two weeks???
That's gotta be close to the record; very strange!
For the record what was the term and grade of the loan? TIA
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D
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#4: October 17, 2016, 11:00:00 PM
It's not unusual.

PAID $25.00     E1 19.99%     36     $0.00     $0.00     $25.02     3/9/16     Fully Paid
PAID $25.00     B2   9.16%     36     $0.00     $0.00     $25.03     5/13/16   Fully Paid
PAID $25.00     D4 18.99%     36     $0.00     $0.00     $25.03     6/23/16   Fully Paid
PAID $25.00     B5 11.49%     36     $0.00     $0.00     $25.03     12/25/15 Fully Paid
PAID $25.00     B3   9.75%     36     $0.00     $0.00     $25.03     5/12/16   Fully Paid

$0.14 of interest on $125 for less than a month = 1.34% annualized return.  STILL better than a savings account.  (Not by much though.)
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T
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T
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#6: October 17, 2016, 11:00:00 PM
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T
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#8: October 17, 2016, 11:00:00 PM
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f
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#9: October 17, 2016, 11:00:00 PM
My account is around the 7th-month mark and seeing under 3% fully paid.  267 notes and 8 fully paid. 
And welcome aboard.  You have found the right place for any of your questions. 
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#10: October 24, 2016, 11:00:00 PM
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T
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#11: October 24, 2016, 11:00:00 PM
Thanks...I am up to 57 notes and will be buying some more tomorrow. My current portfolio is this mix: A (7.1%) B (22.9%) C (32.9%)
D (35.7%) E (0.0%) F (1.4%) G (0.0%)
 What or where can I strengthen...I am thinking A and B Grade.


I recently received some money from my mother's passing and my father asked that I invest it. I once had a loan with Lending Club (paid it off early and opened this account!) Yesterday I opened a Vangaurd Account and I know nothing about investing. I am thinking about closing it before I even get it going and just putting it here!
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#12: October 25, 2016, 11:00:00 PM
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E
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#13: October 25, 2016, 11:00:00 PM
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j
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#14: October 25, 2016, 11:00:00 PM
What time period were you using for your data, yearly, monthly, because I'm in the process of making an Efficient Frontier of the filters I use  with yearly data and I'm having trouble with the variance/covariance table where the numbers are all essentially zero, leading to only two of the grades being given weights. 
from: Emmanuel on October 26, 2016, 02:14:26 PM
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