To be fair though, wouldn't it be safe to say you sold off all the best loans and are basically left with what didn't sell? Kind of skews the results.
I've been slowly backing down my amount and not reinvesting for a bit just to lower the account and on the 30k I have in there now with a 22 month average age still pulling a profit most months.
Yes, that's true. However, I didn't buy any notes from about 5/15/2016 - 9/15/2016. A rather bad vintage era. That should skew things for the better.
But! I really stepped in it when I resumed buying D & E notes around 9/15/2016 through 2/15/2017. Those chickens are coming home to roost and I didn't sell any.
From around 2/15/2017 until 4/15/2017 I bought only B notes and they are probably giving my portfolio a bit of help here.
So, it's a bit of a mixed bag.
As a point of reference my nephew opened a LC account and I bought 544 D & E notes for him from 4/15/2016 through 5/13/2016.
A brief snapshot in time. No notes have been sold. His ANAR is 2.76%, WAIR is 19.34% and Weighted Age 22.5 months.
He was way too young to mess with this LC stuff. He should have put it into the market and forgotten about it. And, I should have told him so!