Lending Club Investment Review 2016 - What Were My Returns?



Hey guys, I've noticed lately I've been getting a bit more e-mails, questions and comments regarding investing. Once you start bringing in a few extra bucks a month, what to do with it. While I'm no expert investory, I have picked up some things along the way and have used a number of products so was going to start showing you guys and doing reviews and sharing my opinion and experience.

Comments

  1. Thanks , useful video !
  2. I might mess with this a little bit. It seem like my bonds would make about the same interest rates but there is no taxes for my bonds.
  3. I just signed up for the lending club, but i am not sure if I should invest money on this. i cancelled my 2.5k money transfer just now. I want to know if it worth the efforts. let me know please
  4. loved your video.. very informative... im looking to invest about $500-$1000 total and Im looking for a monthly total income of about $50-$100 per month of a 36 mos.. is that feasible with the A &B type loans?
  5. Thanks for the video.  I've been investing in Lending Club for a few months.  I've been buying dividend stocks and use LC as just another means of diversification.  So far I've been fortunate to not have any of my loans go bad.  I'm thinking about a mix of reinvesting 1/2 and taking 1/2 of the payments that come back to me.  That way I work down my initial investment amount and eventually (hopefully) I'll be playing with "house money."
  6. Funny I was just listening to a Future Money Trends podcast about a month ago and getting started. He recommended the lower grade notes given the collections and credit suicide, etc. Interesting format will be interesting to see how it plays out.
  7. thank you for your wisdom
  8. Do they not pursue the outstanding loans in the USA or any cover for investors
  9. I apologize for my ignorance ahead of time. But anyways, that $25 you invested. Would you be able to take it out when you want or do you have to wait?
  10. hi, is it possible to get 8% annually on a consistent basis? anything less isn't worth the time and effort.
  11. so this is what lending club is lol.. very nice!
  12. Rules For Rebels, I'd like to see what you think about this. I'm thinking about borrowing money and fully funding it myself. My reasoning for this is to build my credit score while minimizing the loss of interest. Is this a good idea?
  13. I don't know. Seems like a good idea- Lending Club. But there are too many dirtballs who just walk away from their debt. I'd want to hunt them down. Maybe I can start a business where I get to hunt down forgetful people.
  14. Hi I just have a question how will you pay your tax in regards to your earnings? when they don't really have a tax withholding.. sorry I'm just a teenager trying to start investing ty
  15. Might have to add this to my portfolio, thanks!
  16. How are your P2P returns recently - up or down.......?
  17. lol I remember day trading bitcoin way back when it was super volatile and just becoming more mainstream. I was cocky but its hard not to be when there are weeks where you're doubling/tripling your investment. I also remember making money off the new altcoins that would come out which I knew were mainly pump and dump. I never really was interested in stocks unless it involves dividend or options. There is a website robinhood.com that allows you to trade stocks freely but it doesnt have options yet so that has been my excuse to not to get into it. I never heard of Lending Club until now and it seems really interesting. I will be looking more into it for sure. Thanks for sharing.
  18. thanks for another avenue for investing
  19. Hey rules for rebels, do you know if using Wix (website builder) is worthwhile? or is it the same effect as setting up a shopify and buying a domain name?? Starting to get mixed up with having my own website!!
  20. hey this is not about this video, but about the shopify free trials. I started 1 and it didn't succeed. I managed to bring about 20k visitors to the site through various SEOs and social media but no buys. how can I get another 15 day free trial from them or is that not possible?


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Visibility: 11415

Duration: 20m 36s

Rating: 121