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Topics - Newlyfrugal

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Investors - LC / Is $75 investment preferable?
« on: March 09, 2012, 05:11:38 PM »

A year or two ago, I read a comment in a blog.  The poster suggested that we invest $75 in each loan in order to reduce fees.  He ran the figures and determined that a $75 investment at LC fares better because the fees come out to be less.   Does anyone know about this?  If I find the comment again, I will post it here.  I do not know how to determine whether the poster is correct.

Usually I re-invest $25 as it becomes available.  But I just added $5k to my LC account and wonder if I should be investing $75 in each loan.   I used to invest in A and B loans, but now choose lower grade loans for the higher returns.  My risk tolerance is above average and I invest only enough money that I can afford to lose. 

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