As you subscribers know(Subscribe here to follow my returns), I have a total of 20 loans: 8 Prosper loans, 11 Lending Club loans and 1 private loan that I also track since I use the same Credit Analysis methods there that go into my analysis and loan selection here. I don't believe in the $25 per loan over a zillion loans philosophy.
I am so happy with my returns and portfolio performance that I have added $1000 to my Prosper account and so far have purchased 2 new loans. Both are on a 3 year term and 1 is an A rated loan and 1 is a C rated loan. Also, I made another private loan to a local business that I know for a piece of equipment in the amount of $1700. The Prosper loans have not started to earn interest yet and I have some cash still waiting to be deployed, so like usual, I will be counting that as zero interest earned in my ROI calculation where I look at Interest Earned/Principal balance remaining on loans.
What are you noticing out there in the investing landscape? Please let me know by commenting below.