Seriously. I’m asking. Is p2plending dying? Returns have sucked the last couple of years for all investors, but especially us retail investors since the 2015 and 2016 vintages have performed so poorly. My own returns are 400-500 basis points lower than my returns on my 2013 and 2014 vintage loans were and I know some … Read more
How much should I invest in peer to peer lending? I get this question every week and like many investment related questions, the answer is it depends. Remember, everyone’s financial situation is different and I’m not a financial advisor….. While the real answer is it depends, there are some things you should look for when … Read more
Did you know that one US city handles 70% of all credit card, debit card, and loyalty rewards program card transactions for the whole country? And do you know what city it is? That city, Atlanta, GA was the host of the Fintech South conference this week in the new Mercedes Benz Stadium downtown. Atlanta is … Read more
Lendit is one of my favorite events of the year. More of my fintech writing clients come to Lendit than any other show and it’s the only show I go to every year where I don’t speak and still go anyway. It’s that good and it’s worth it. If you’re interested in my writing work, … Read more
The drop in Bitcoin and altcoin prices in 2018 has done nothing to dampen the frenzy around the cryptocurrency markets. Those already invested in cryptos of some kind may be inclined to ask the next question. How do I get more at these lower prices? To get more, would mining be a good choice for … Read more
One of my favorite posts to write each year is my late March Anniversary post. This year marks 5 years since I started this blog and I can’t believe it. Starting from nothing and now I write on finance and fintech issues on a full-time basis. It’s fantastic and thank you so much. Previous Anniversaries … Read more
Federal judges in California approved of Lending Club’s settlement of its 2-year running class action lawsuit with some shareholders. The essence of the suit described well by our friends at Crowdfund Insider, covers a period from 2014 through May 2016. Those of you who were investing in p2p lending at that time, like many of you … Read more
I’m here in Colombia for 3 weeks, currently in the beautiful city of Cali, where you can’t throw a rock without hitting a park or other green space. It’s amazing how many trees are here. The main river, Rio Cali, that runs through the city has no commercial development next to it on either … Read more
Last week, Lending Club announced their earnings for Q4 and 2017. I didn’t report on it here since I still have no interest in buying LC stock but if you are interested, here is some good coverage of what they reported. Direct from the Nasdaq Seeking Alpha Our friends at Lend Academy Note Performance The … Read more
Bitcoin, altcoin, and cryptocurrency investors in the US are in a difficult place on how to stay tax compliant. There are many different professional opinions on tax compliance. Other than taxing Bitcoin and cryptos like property as an asset instead of as a currency, there has been no additional guidance so far from the IRS … Read more