Author Topic: Worst Month Yet  (Read 85697 times)

thezfunk

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Re: Worst Month Yet
« Reply #525 on: January 15, 2018, 09:11:34 PM »
Down to my last few notes.  When I get those gone, I won't be back.

Rob L

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Re: Worst Month Yet
« Reply #526 on: January 16, 2018, 10:13:20 AM »
Down to my last few notes.  When I get those gone, I won't be back.

Lucky you!  :)

SeanMCA

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Re: Worst Month Yet
« Reply #527 on: January 17, 2018, 10:52:06 PM »
Down to my last few notes.  When I get those gone, I won't be back.

Good luck on whatever journey you go on next.
I'm a merchant cash advance veteran exploring the p2p lending waters.

michael49

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Re: Worst Month Yet
« Reply #528 on: January 21, 2018, 07:50:47 AM »
I continue to let my primary LC account wind down.  Iíve lost money this year, but overall Iím still in the black since I started investing.

Iíve only got about 5k in my IRA account (luckily I only invested 1 year in the IRA).  This account I will continue to reinvest and see what happens, more out of curiosity than anything else.

Rob L

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Re: Worst Month Yet
« Reply #529 on: February 03, 2018, 05:51:40 PM »
New month; new year; same old same old.
For the record I entered 2017 with $84.7k outstanding principal in notes owned and closed out the year with $34.0k (no Folio selling).
Lending Club is currently advertising "Solid Returns: 4 - 6%". I lost ($986.56) this year (and haven't had any of those "disowned" F and G loans for years).
Since May 2016 I've lost about 10% of the profits made before that time and the losses continue as you see.
I can only count my blessings that I started in 2013 and accumulated very significant profits before the party ended. Others were not so lucky.
Maybe the later vintages are better; I wouldn't know. I don't own any.








au88

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Re: Worst Month Yet
« Reply #530 on: February 13, 2018, 10:01:39 PM »
I'm right there with you. Lost $819 on ~100k invested last month.

Rob L

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Re: Worst Month Yet
« Reply #531 on: February 14, 2018, 08:27:39 AM »
I'm right there with you. Lost $819 on ~100k invested last month.

Wow! That's terrible!
What does your portfolio look like that produced that result?