One of the biggest benefits to me personally for doing these monthly reports that I present to you is actually witnessing the changes in my returns in my loan portfolio for myself. I get to see how my Prosper, Lending Club and Bitcoin based returns vary from month to month. My Bitcoin returns in particular can vary quite greatly. January was a terrific month for my portfolio so let's take a look.
One final note, my new High Rate Portfolio did not start until February so my first report on it won't be till next month.
|1/31/2015||Interest Rec'd||Net Interest||Principal Rec'd||Principal Remaining||ROI|
|Lending Club Loans||34.18||33.3||54.1||2699.61||1.23%|
|Bitcoin loans based on BTC price at month end of $217|
|Platform Only Loans||Amount Lent||Net Interest|
|Amount Invested in Prosper||2500||30.6|
|Amount Invested in LC||2500||33.3|
|Total in the Platforms||7230.3||165|
|Monthly Interest Rate on Loans||2.85%|
As you can see here, we had another successful month implementing my Credit based strategies across both USD and BTC based lending platforms. Only 3 of my BTC borrowers didn't pay this month (out of more than 20) and one is actively engaged in a payment plan so unlike most times in Bitcoin, I think I will get my money back on that one.
My goal of 1% per month on Prosper and Lending Club was exceeded again and my 2.85% total monthly return annualized to 34.20% is an outstanding return.