Author Topic: Give up some numbers.  (Read 39666 times)

pd103kid

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Give up some numbers.
« on: April 17, 2014, 12:47:27 PM »
OK! So I'm on my iMac 27 (paid for by Lending Club interest) listening to Janis Joplin on Pandora and wondering to myself - what are you  dude's on this system doing with their money? Below are my numbers off of my taxable account. I am using 'Prime' as my automated investment scheme ; how about yourself?

In Funding  50
Issued & Current  2,286
In Grace Period  14
Fully Paid  765
Late 16 - 30 Days  3
Late 31 - 120 Days  24
Default  4
Charged Off  99
 
My charge off rate is around 3.33 percent and the vast majority of my notes are for $25. For some reason, perhaps driven by the Martini I am currently imbibing is that I'm doing pretty well compared to the poor fools out there trying to make use of CD's. Chime in with your comments; not so much as to my being a old drunkard but more to the use of Lending Club to make us rich!
 
Joe
Continuing to recover from Open Heart surgery to replace my Aortic Valve along with the implantation of a Pacemaker. Life continues on but at a much slower pace...

PeerSocialLending

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Re: Give up some numbers.
« Reply #1 on: April 17, 2014, 01:36:50 PM »
Currently just reinvesting and adding to my account as much as I can.  I don't plan on making any withdrawals unless it is to re-balance my overall investment portfolio. 


My Notes at-a-Glance (450)   

        In Funding 35
        Issued & Current  390
        In Grace Period 3
        Fully Paid 17   
        Late 16 - 30 Days  0
        Late 31 - 120 Days 2
        Default   1
        Charged Off    2

« Last Edit: April 17, 2014, 01:44:24 PM by PeerSocialLending »
-Ryan
p2p lending blogger @ www.peersociallending.com

rlv99

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Re: Give up some numbers.
« Reply #2 on: April 17, 2014, 01:39:43 PM »
In Funding      12
issued & Current  2,234
In Grace period        25
Fully Paid              130
Late 16-30               7
late  31-120           20
Default                   3
charged off             9 
Adjusted NAR        15.76%

Most of the above notes are $50. This account was opened 14 months ago.  I have a second account (IRA; average note $100.) which I opened in January, 2014.  Although fully funded now, too immature to recite here.

While I have used IR and Blue Vestment for auto-invest, I prefer to use the LC filters and select my loans "manually".

Since I am already retired my goal is not to "make us rich" but to supplement existing income and preserve principle which LC has accomplished for me to date.  I drag out amounts equal to interest earned during the month minus defaults and charge offs.

Since the number of your Fully Paid is greater than mine I assume you have been on the platform longer than me which would account for the higher number of charge offs as well.  Thanks for sharing.


« Last Edit: April 18, 2014, 12:36:09 PM by rlv99 »

cnmor54

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Re: Give up some numbers.
« Reply #3 on: April 17, 2014, 01:44:28 PM »

In Funding  82
Issued & Current  903
In Grace Period  3
Fully Paid  50
Late 16 - 30 Days  5
Late 31 - 120 Days  11
Default  1
Charged Off  5
 
All but 8 of my notes are $25. I have been slowly upping my investment since this past May and I started selling on folio heavily in January.  I initially started with the idea of doing just a little better than CDs but it has since  turned into quite the hobby.

And a toast to Janis.

Carol

gamassey

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Re: Give up some numbers.
« Reply #4 on: April 17, 2014, 04:28:15 PM »
In Funding:  42
Issued & Current:  1,221
In Grace Period:  4
Fully Paid:  33
Late 16 - 30 Days:  1
Late 31 - 120 Days:  9
Default:  3
Charged Off:  2
NAR: 14.32%

99% are $25 loans.  I hand pick only the finest high interest loans and hope for the best.  All interest is being re-invested until I double my initial investment.

RaymondG

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Re: Give up some numbers.
« Reply #5 on: April 17, 2014, 10:51:46 PM »
What's the average age of portfolio?

Fred

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Re: Give up some numbers.
« Reply #6 on: April 18, 2014, 03:21:40 AM »
What's the average age of portfolio?

Yes, to make meaningful comparisons, the portfolio age and NAR are more important than the number of notes for each status.

storm

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Re: Give up some numbers.
« Reply #7 on: April 18, 2014, 04:51:05 AM »
In Funding 67
Issued & Current 2,270
In Grace Period 3
Fully Paid 954   
Late 16 - 30 Days 1
Late 31 - 120 Days 8
Default 0
Charged Off 11
NAR 12.82%
Average Age of Portfolio: 23.1 mos

And, yes, I sell my IGP loans on FolioFN.  The late loans are bankruptcies that I can't list for sale any more.   :'(

pd103kid

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Re: Give up some numbers.
« Reply #8 on: April 18, 2014, 07:06:16 AM »
Everyone seems to be doing well! I'll add a few more numbers off of my taxable account. I do have one IRA but it is small in comparison.
 
The account has been open for 3 years and 6 months. My last months interest totaled $373.00 for an Adjusted Net Annualized Return of 6.79% with an outstanding principal base of $41,500. I deposit $100 per week from a bank through EFT and let 'Prime' do the selection although originally I picked loans manually. It simply got too labor intensive!
 
As I had mentioned my charge off rate is around 3.33%; reasonable, I think, for my mix of notes - A 30%, B 48%, C 15% D 5% and others 2%.
Continuing to recover from Open Heart surgery to replace my Aortic Valve along with the implantation of a Pacemaker. Life continues on but at a much slower pace...

rawraw

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Re: Give up some numbers.
« Reply #9 on: April 18, 2014, 07:07:48 AM »
Adjusted NAR 12.73%

In Funding 14
Issued & Current 998
In Grace Period 3
Fully Paid 165
Late 16 - 30 Days 1
Late 31 - 120 Days 13
Default 0
Charged Off 4

A (5.1%) B (38.1%) C(32.1%) D(16.4%) E(6.5%) F(1.7%) G(0.2%)


rockinray

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Give up some numbers.
« Reply #10 on: April 18, 2014, 12:55:52 PM »

Everyone seems to be doing well! I'll add a few more numbers off of my taxable account. I do have one IRA but it is small in comparison.
 
The account has been open for 3 years and 6 months. My last months interest totaled $373.00 for an Adjusted Net Annualized Return of 6.79% with an outstanding principal base of $41,500. I deposit $100 per week from a bank through EFT and let 'Prime' do the selection although originally I picked loans manually. It simply got too labor intensive!
 
As I had mentioned my charge off rate is around 3.33%; reasonable, I think, for my mix of notes - A 30%, B 48%, C 15% D 5% and others 2%.

Interesting. Are you doing a combination of 36/60 month notes? Or 36 only? 60 only?decent return and nice lie default rate!

Ray


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Booleans

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Re: Give up some numbers.
« Reply #11 on: April 19, 2014, 06:21:45 PM »
Adjusted NAR of 11.95%.



I have no note over $25. Approximately 30% of my portfolio is 60 month notes but I don't think I'll be investing in those any longer.

Lovinglifestyle

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Re: Give up some numbers.
« Reply #12 on: April 19, 2014, 09:42:04 PM »
Return Over Deposits (IR) 15.19
IRR (Interest Radar)         11.70%

NAR                                 17.68%
Adjusted NAR                    17.11%

My Notes at-a-Glance    (5336)   
In Funding                       101
Issued & Current           4,108
In Grace Period                  46
Fully Paid                      1,033
Late 16 - 30 Days              12
Late 31 - 120 Days            15
Default                                0
Charged Off                        21

Average Age:     9 mos. (started in '08)
Term:  56.9%  60 mos.
           43.1%  36 mos.

All notes are $25 except  for 25 notes which are $50 (by accident!). 
I favor 36 mos. notes when possible, and all selections have been manual so far.
Also, I use Folio for loss mitigation but would rather not "have to".

pd103kid

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Re: Give up some numbers.
« Reply #13 on: April 20, 2014, 08:34:35 AM »
I hold a mixture of $25 and $50 notes but the $50's are very minimal now for I started out mixing but have been at $25 for at least two years. The same can be said for 36 and 60 month notes and the 60's are also minimal now for I've been exclusively 36 months again for at least two years.

Adjusted Net Annualized Return :   6.78 %
Weighted Average Interest Rate:   10.85%
Average Age of Portfolio:           19.0 mos
Number of Notes:                   3,259
 
Interesting on the defaults; they were small in number (as might be expected) when I did my selections manually early on. Once I handed off my allocating to the machines it has increased. This all makes sense for I tended to concentrate on A and B notes when I was involved so when PRIME took the helm it began (as advertised) pulling down many more lower quality notes.
 
Still, compared to Money Markets at 0.01 percent (and they are losing money keeping it at $1) or my "High Yield" CD's at say 1% for a year a Lending Club account, (computer driven or manual) is far superior in today's Central Banks driven slow deflationary spiral.
Continuing to recover from Open Heart surgery to replace my Aortic Valve along with the implantation of a Pacemaker. Life continues on but at a much slower pace...

mikedave

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Re: Give up some numbers.
« Reply #14 on: April 21, 2014, 01:22:16 PM »

In Funding   31
Issued & Current   1,022
In Grace Period   3
Fully Paid   38   
Late 16 - 30 Days   1
Late 31 - 120 Days   6
Default   0
Charged Off 0
Ave age 6mo

From Interest Radar
Return over deposits:   8.08%
IRR:   14.85%

A
B   48   
C   731   
D   227   
E   92   
F   2   
G   1   
Sum   1,101   

This is a mix of new notes purchased mainly using IR filters (~70%), and notes purchased on Folio (~30%) I sell quite a few notes of Folio also