I apologize for the delay in my second quarter 2014 returns as the summer has changed some of my priorities. When you live in Wisconsin, it is important to take advantage of the nice weather while it lasts. My returns have slipped .85% from the last time I checked in April 2014. Since I have used FOLIOfn to buy notes for the penny note strategy, I rely on XIRR in order to calculate my returns. My strategy has remained about the same except for the small hiccup which affected P2P-Picks. Instead of letting my cash sit idle, I simply created a higher volume filter in Nickel Steamroller. I still keep an eye out for notes on FOLIOfn, but it is time consuming and I already have about $2500 worth of notes purchased. [Read more…]
Archives for July 2014
Must See LendIt Videos for Retail Peer Lending Investors
Earlier this week, Peter over at Lend Academy posted that the videos from LendIt 2014 are now available. There were a few of the sessions that I missed and I wanted to highlight videos that retail Lending Club/Prosper investors may be interested in. Enjoy!
Note: BlueVestment did give a presentation, but I am unable to find it in the YouTube channel. If you happen to see it - please send the link my way.
LendingRobot
Nickel Steamroller
PeerTrader
P2P-Picks
PeerCube
SoFi Loans - FAQs for Refinancing a Student Loan
If you haven’t heard of SoFi (short for Social Finance), it is a peer to peer lending company tailored to refinancing student loans. For this blog post, I am focusing on the borrower side of SoFi since I believe in destroying your student debt. SoFi loans are a great way to accomplish this much faster. I reached out to the folks at SoFi to get some questions answered that potential borrowers might have. In addition, if you are approved and your loan gets funded, you will get $100 by using my referral code. This site will also receive a small payment at no additional cost to you. Read below to get your questions answered and learn more about SoFi loans. [Read more…]