Stu’s Portfolio Report: August 2015

I blinked for a second and all of a sudden, the entire summer has gone by, from all the conferences and Peer Lending/FinTech/Bitcoin activity, of which there has been much, and all the reporting in these areas going on that I've been fortunate to be a part of, yet I am missing some portfolio reporting.

No longer.

Especially given some of the 'new normal' from the Bitcoin lending sites, its more important than ever to have great filtering in place and to measure what is working and what isn't so now I will present to you my August Portfolio Report.

Here is the chart with breakdown by loan type:

8/30/2015 Interest Rec'd Net Interest Principal Rec'd Principal Remaining ROI
Bitcoin Loans 33 33 437 394 1.24%
Private Loan 56.53 56.53 263.28 0 3.29%
Prosper Loans 34.33 32.3 65.62 2644.37 1.22%
Lending Club Loans 28 25.03 56.55 2762.9 0.91%
High Rate Portfolio on LC 13.37 12.38 10.69 1083.02 1.14%
Totals 165.23 159.24 833.14 6884.29 2.31%
Bitcoin loans based on BTC price at month end of $230.02
Platform Only Loans Amount Lent Net Interest
Bitcoin Loans 2876.74 33
Amount Invested in Prosper 2500 32.3
Amount Invested in LC 3500 37.41
Total in the Platforms 8876.74 102.71
Monthly Interest Rate on Loans 1.16%
Annualized Rates 13.88%

All my loan types made money this month, led by my final payment on my  small equipment loan to an old client coming in at a hair over 3%. My Bitcoin loans have benefited from a combination of better and fewer loan selection. In fact, I only have 6 active loans on Jam, 6 on BLC and 5 on Bitbond. It seems that better and fewer worked this month as all 3 BTC platforms came in the money, a big feat in a 20% default environment like I reported on previously. My USD loans did well too with 0.91% on my regular LC portfolio, 1.14% on my high rate LC portfolio and 1.22% on my Prosper portfolio.

Overall, this is a great steady and consistent performance across all loan categories. I'm very pleased.

In order to compare apples to apples with all of you, I have a section where I only look at my platform loans. You could take what you learn here and make private loans too like I do. That isn't reasonable to expect so I separate those out here. My platform only loans came in at 1.16% this month, annualized to 13.88%, a great return that I'm very happy with.

Bitcoin Only Loans

For those curious about my Bitcoin only loans, you can check those out here:

Summary of All BTC Loans
Loan Amt Invested Payment Interest Rec'd Principal Balance ROI
BJ Loans 3.000 0.037 0.009 1.186 0.31%
BLC Loans 3.910 1.674 0.099 0.320 2.53%
BB Loans 0.500 0.304 0.004 0.209 0.76%
BFX Loans 4.098 0.031 0.031 0.000 0.76%
Total 11.508 2.046 0.143 1.715 1.24%

I have loans on  4 platforms and these are all listed in BTC.  All my BTC platforms made money. This is a great accomplishment in this current environment. As you can see, BLC BitLendingClub had my best performance this month from 6 loans. Bitbonds (BB) and BitFinex (BFX) came in tied for 2nd with Jam still in the positive but coming in 4th.

Will I add more to Bitbond? Maybe. Will I take some out from Jam? I'm not sure.

August had a better more consistent result than I was expecting and I'm hopeful that I can keep it going and report on how I'm doing it to show all of you how you can as well.

About the author

Stu Stu Lustman, the author of this post, is a Credit Analyst by trade trying to bring Commercial Credit Analysis techniques to the world of Peer to Peer Lending. Check me out on Twitter, LinkedIn and Google+

4 thoughts on “Stu’s Portfolio Report: August 2015

  1. Great write up Stu! It’s great to see your bitcoin investments are healthy and actually beating your fiat counterparts! Keep up the great work and keep the good news coming.

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