Author Topic: Old Guy Doin Well  (Read 2627 times)

CARLS

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Old Guy Doin Well
« on: May 19, 2014, 05:52:31 PM »
Hi there,
I am a very senior citizen with a large investment in Lending Club.  I started in the peer to peer world with the ORIGINAL Prosper.  UGH!  Now I'm with Lending Club and doing quite well.  My portfolio has an average age of ten months and is about 317K.  My return is 15.3% adjusted and I'm fully prepared to see the return deteriorate as time and the inevitable charge offs take their toll.

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SBryantMS

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Re: Old Guy Doin Well
« Reply #1 on: May 19, 2014, 06:29:50 PM »
From one future retire to someone already retired -- Welcome -- I hope to have $120k in my LC account when I retire.

 

Rob L

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Re: Old Guy Doin Well
« Reply #2 on: May 19, 2014, 08:34:27 PM »
Welcome!
The very best classic frozen custard place in my home town is Carl's, so for each of your posts I'll be thinking ...

Fred

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Re: Old Guy Doin Well
« Reply #3 on: May 19, 2014, 09:50:18 PM »
My portfolio has an average age of ten months and is about 317K.  My return is 15.3% adjusted ...

This is about 4K of interest income per month.  Congrats!