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Author Topic: Beta Testing - Investing Algorithm

R
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Beta Testing - Investing Algorithm
OP: June 26, 2017, 11:00:00 PM
Would anyone be interesting in testing an algorithm I wrote, for free, using the Lending Club Platform?  If so just send me a message or respond in the thread.  Been tweaking it for about 3 years and it's doing really well  9-10% NAR with really low defaults <2%.  Looking for about 15-20 folks tops. 

Thanks!
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l
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T
  • Posts: 6588
Beta Testing - Investing Algorithm
#2: July 15, 2017, 11:00:00 PM
Yea, my algorithm ends up reducing the total loan volume to about 15% of the total loans.  ~15% (+/- a few %) may not sound like much but it should still be able to support 5,000-7000 active users annually. 

The only reason I have that number of loans from my video is because I started with a set amount of cash (3 years a go to test this out) and only reinvested the amount of principal and interest I received from the initial loans.  Otherwise I could fund very large amounts of money.

Thanks,

-Chris
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T
  • Posts: 6588
Beta Testing - Investing Algorithm
#3: July 15, 2017, 11:00:00 PM
Also, each one of my loans is 1% or less of my total investment value.  I created a website that automates the selection process.  Check it out below.  It' free for now.

YouTube Intro:  https://www.youtube.com/watch?v=dIE5bVgj8eE&t=3s

Register Here:  LCPicks.com

Let me know if you have any questions along the way just send me a message and I'll help out.
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