Author Topic: Returns with LendingRobot proven?  (Read 4988 times)

Houstoncory

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Returns with LendingRobot proven?
« on: June 22, 2016, 11:39:44 AM »
Has anyone found the LendingRobot returns to be better than just letting LendingClub do the automated investing?


dr.everett

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Re: Returns with LendingRobot proven?
« Reply #1 on: June 22, 2016, 07:43:06 PM »
I can't speak to the returns just yet- but I will tell you the features I like that make me a happy customer:

1. Folio Buying is great- I've got several strategies working right now that are set it and forget it. (Except for having to move purchased notes to a folder- wish they did this like they do for Primary Notes). My other tool requires manual purchase selection when Folio is involved.

2. Selling at a sliding discount/markup is also cool- my only wish is that this could be done more granularly- i.e. by portfolio(folder).

3. They also have some cool automated features- I'd like to try them but it requires going fully automated- I have my rules working the way I want so I'm hesitant to go back to fully automated. Wish there was a way to use some of these features without having to go fully automated.

As for the returns- my NAR on two accounts is around 10%. This is due to my prior filters not working as expected, and lack of knowledge of some things that I understand much better now. I'm hoping that once my bad notes filter out my NAR will go up based on the LendingRobot strategies I am using along with my different filters.

Hope that is helpful or interesting.

Houstoncory

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Re: Returns with LendingRobot proven?
« Reply #2 on: June 23, 2016, 06:03:38 PM »
Thanks for the input Dr!