Lend Academy Network Forum

Lending Club Discussion => Investors - LC => Topic started by: Data Junkie on December 21, 2018, 12:11:12 PM

Title: 1.9% --> 4%
Post by: Data Junkie on December 21, 2018, 12:11:12 PM
Small volume investor here, just wanted to crow a little about clawing my way back up to 4% over the last year and a half after a rough start.  I know that 4% is nothing to get excited about, but it seems my strategy is working so I'll keep plugging away to see if I can get to 5%.  It has definitely gotten more difficult to invest with so few loans to choose from so I've had to loosen my standards a bit-- and I hope I haven't jinxed it!  Happy holidays!
Title: Re: 1.9% --> 4%
Post by: lascott on December 21, 2018, 11:40:07 PM
Small volume investor here, just wanted to crow a little about clawing my way back up to 4% over the last year and a half after a rough start.  I know that 4% is nothing to get excited about, but it seems my strategy is working so I'll keep plugging away to see if I can get to 5%.  It has definitely gotten more difficult to invest with so few loans to choose from so I've had to loosen my standards a bit-- and I hope I haven't jinxed it!  Happy holidays!
Good job on your patience. My kids account had a write-off very early and it took a while to get back to 5%. My two accounts are at 5% or just under. I'm OK with that as I'm withdrawing and I always consider LC to be an alternative to stocks and more akin to returns on bonds anyway.