How To Invest Your Money To Get 10% Annual Returns (consistently)



Affiliate Link to Prosper: http://prosper.evyy.net/c/133515/27098/994 I invest my money mostly in high risk loans: E, D, and HR grade. I started investing in safer loans (AA, A, and B), but I found out that I earn more money from higher risk loans. Link to my statements: https://drive.google.com/drive/folders/0B6n6S9XVWc_RYkRuMTY3NGtIVUE?usp=sharing (Email me if this link ever goes down, sometimes I accidentally clean out things in my drive that I shouldn't) The girl in my Snapchat is OneSweetWander, her channel is here: https://www.youtube.com/onesweetwander *Note I only get a commission when someone borrows from Prosper, I don't get a commission when someone becomes an investor The #1 internship marketplace exclusively for college students and new grads ➡ http://www.wayup.com/refer/engineeredtruth ⬅ https://Facebook.com/EngineeredTruth https://Twitter.com/EngineeredTruth https://Instagram.com/WTFMattTran http://www.EngineeredTruth.com

Comments

  1. Also I'm a little confused. If you invested 37K how are you getting close to $600 a month at ten percent annual interest. Lets round it up to one percent a month. For a 37,000K investment that's $370 a month.
  2. @ 2:27 he says "it's a big F@ck you to the banks" but I heard the big banks and financial institutions are BUYING UP these social borrowing/lending sites. So the banks own these companies behind the scene.
  3. i dont know how to verify the bank account. can u help me that issue
  4. While I don't use prosper, I use lending club, I read that Prosper discontinued their notes trading platform. So does that mean you can no longer sell your notes and cash out at any time and that you're committed for the entire term of the loan?
  5. Awesome the way your thinking I can share the same expierence I have 30,000 invested in Lending club I have about 1537 loans and my interest payments are 250 a month and my cash flow is 1800 a month I have a lot of loans that are A and B loans and they have been paying consistently for years so I just leave it their and let it compound get better returns every month. I love it I want to try prosper but their not available in my state yet. Love the power of compounding. 8th wonder of the word. Right now I'm working on my stock account and building that up. I'm definitely going to get better returns as time goes by. Keep making the videos.
  6. What about putting $3,000 into the s&p 500? I hear it's the best by warrant buffett and tony robbins
  7. cuz your smart bro, I think like u
  8. what about really small investments of around 300? would it be worth it?
  9. Honestly prosper doesn't sound like a good idea to me. If someone is getting a loan couldn't they just not pay it back and apply for bankruptcy? Just saying. You don't want someone running off with your money.
  10. 10% in your first month...invested $500, and made about $5. Thats 1% mate...
  11. Fuck the cool cars! lets be rich, not look rich! awesome video man
  12. You are seeing returns during a bull market. Not that uncommon. You will get destroyed in a bear market the way you invest.
  13. Here is a problem with lending club and similar sites. A. You trap your money for that period of time, no access to get it back for a while. B. If company goes bust you lose everything. Let's say you invested into stocks and everything goes down 10%, you can still pull your money at any time you want and probability of losing everything is extremely low.
  14. no prosper in NJ
  15. I'm getting a 12.28% return
  16. I smell jail time
  17. "Fuck the nice car, lets invest money and be rich. Instead of looking rich".

    Sick line.. subbed.
  18. You can always tell the people that just get average returns. The people that don't understand generating income. They always say things like "Well, I don't purchase this because it equals this in returns". As an asset manager that deals in options/futures, I drive a brand new BMW every 3 years because I know for a fact I can generate more income anytime as needed. The amount of capital I have + 3-6% per month returns is more than enough to purchase a BMW. It is the same for me living in China. People always say "Why don't you work". I do work, I just don't work every day. It really isn't needed once you get to a certain amount of capital. If the websites that he is talking about worked, then people would all be using them. The truth is, any good amount of returns will require skill. You aren't going to get a product that is managed by someone else with those kind of returns. Even if it is a p2p lending program.
  19. I was going to do until I realized if Prosper goes bankrupt, you'll lose all your money. What are the chances of Prosper going bankrupt? Not sure, but it's arguable whether taking this type of risk is worth the 6%-12% annual return.
  20. when creating an account on prosper do i choose general investing account or traditianal IRA? whats the Difference use examples plz.


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