Stu’s Portfolio Report: December 2015

December ended what looks like a profitable 2015 for me in my quest for peer lending profits. Let's see how I did.

12/31/2015 Interest Rec'd Net Interest Principal Rec'd Principal Remaining ROI
Bitcoin Loans 39.33 39.33 452.9 608.076 0.96%
Prosper Loans 29.51 27.31 144.49 2504.05 1.09%
Lending Club Loans 33.23 32.52 113.88 2495.49 1.30%
High Rate Portfolio on LC 12.74 11.74 34.11 877.9 1.34%
Totals 114.81 110.9 745.38 6485.516 1.71%
Bitcoin loans based on BTC price at month end of $420
Platform Only Loans Amount Lent Net Interest
Bitcoin Loans 3595 39.33
Amount Invested in Prosper 2500 27.31
Amount Invested in LC 3500 44.26
Total in the Platforms 9595 110.9
Monthly Interest Rate on Loans 1.16%
Annualized Rates 13.87%

We had another month here with profits across all 4 of my portfolios: Bitcoin, Prosper, Lending Club with my regular Credit methodology and my High Rate LC portfolio. Thanks to an early payoff and a low default rate, my best performer is my High Rate Lending Club portfolio this month at 1.34%, which annualizes to 16.08%. Woohoo!!. Even though it was my worst performer this month, my Bitcoin loans still did a 0.96% return or 11.52% annualized (and the price of Bitcoin also increased during this time).

My total portfolio return of 1.16% exceeds my stated goal of 1% and I think my risk is starting to decline as my credit methodologies keep working and my loan selection in Bitcoin is improving.

Onto January.

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+

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