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Author Topic: Best Tool for FOLIO Selling

S
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Best Tool for FOLIO Selling
OP: December 05, 2016, 12:00:00 AM
I wish to start trying to sell off some FOLIO notes. What is the best tool to use to do this or is it easiest just through the FOLIO interface? I saw you could set selling strategies in NSR. As well as any tools to help with pricing. Any advice is appreciated.
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j
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Best Tool for FOLIO Selling
#1: December 05, 2016, 12:00:00 AM
Peercube is a good option if you're willing to pay for a monthly membership, as well as NSR. Both let you do the similar things in regards to backtesting, buying, and selling.
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T
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f
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Best Tool for FOLIO Selling
#3: December 05, 2016, 12:00:00 AM
NSR does not charge fees for accounts under 20k, I believe.  I just sell from the FOLIO site as not trying hard to sell my notes.  I also have a small account and can not justify paying fees either. 
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.
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Best Tool for FOLIO Selling
#4: December 05, 2016, 12:00:00 AM
LendingRobot has the service to sell notes on the secondary market without charge. They also have a feature that will start your asking prices high, and slowly roll them down as time passes until your notes get sold.

I have been using them for 2+ years for traditional investing/reinvesting, and like their service quite a bit.
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T
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Best Tool for FOLIO Selling
#5: December 06, 2016, 12:00:00 AM
Are there any services that let you auto-sell based on lending club Portfolio? I want to reprice notes that I bought off of Folio based on which portfolio they are in. Neither Lending Robot nor NSR can do this. Am I stuck pricing them manually in the lousy FOLIO interface?
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d
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Best Tool for FOLIO Selling
#6: December 06, 2016, 12:00:00 AM
Interest Radar does what you are looking for.
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T
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T
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g
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Best Tool for FOLIO Selling
#9: December 07, 2016, 12:00:00 AM
Pricing is tricky. It involves lots of things, e.g. your goal, market price, note quality, risk, timing. The best tool usually is a custom strategy according to your personal preference.
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T
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Best Tool for FOLIO Selling
#10: December 07, 2016, 12:00:00 AM
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R
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