Lend Academy Network Forum

Prosper Discussion => General Prosper Discussion => Topic started by: nonattender on October 25, 2012, 06:07:51 PM

Title: Listings so nice they can't be ignored.
Post by: nonattender on October 25, 2012, 06:07:51 PM
I don't (usually) invest in high grade loans.  You might - not my strategy.

But occasionally I see a listing (I hand select) that says something to me.

This AA listing said:  "I don't know if it will work - but I want to go there!"

https://www.prosper.com/invest/listing.aspx?listingID=637206

And so I bid $25. :)
Title: Re: Listings so nice they can't be ignored.
Post by: Peter on October 25, 2012, 06:14:43 PM
Wow. That is one detailed loan description. And a very clean credit profile. Thanks for sharing but too low for me.
Title: Re: Listings so nice they can't be ignored.
Post by: nonattender on October 25, 2012, 06:19:52 PM
Wow. That is one detailed loan description. And a very clean credit profile. Thanks for sharing but too low for me.

That's ok, I just bid another $25 for you.  :)

I had forgotten about the 2% bonus through Nov 30th on AA/A/B/C, so, actually, it's 8.49% not 6.49%, but, yes - I agree.  Normally, too
low of a return, especially when I can get 5% risk-free/FDIC elsewhere.  But I'm not above making the occasional exceptional exception!
Title: Re: Listings so nice they can't be ignored.
Post by: Peter on October 25, 2012, 06:44:37 PM
I have been known to do the same on occasion - always good to bend your own rules sometimes.
Title: Re: Listings so nice they can't be ignored.
Post by: Jessica S on October 28, 2012, 04:19:52 PM
And where is this elsewhere that is paying you 5% risk free?
Title: Re: Listings so nice they can't be ignored.
Post by: nonattender on October 28, 2012, 08:25:29 PM
And where is this elsewhere that is paying you 5% risk free?

http://www.youtube.com/watch?v=FF3pxBRAI0k

"Oh, sure - I tell you, you tell somebody else, and the next thing you know..."
Title: Re: Listings so nice they can't be ignored.
Post by: nonattender on February 08, 2013, 12:49:06 AM
And where is this elsewhere that is paying you 5% risk free?

See here:

http://www.lendacademy.com/forum/index.php?topic=703.0

Enjoy...
Title: Re: Listings so nice they can't be ignored.
Post by: Fred93 on October 26, 2014, 10:20:06 PM
And where is this elsewhere that is paying you 5% risk free?

Starting a small business is NEVER risk free.  This is a high risk loan.