Author Topic: Worst Month Yet, Prosper Version  (Read 14966 times)

Rob L

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Re: Worst Month Yet, Prosper Version
« Reply #30 on: October 25, 2019, 05:07:16 PM »
A fitting end to this thread. One more note to go, principal outstanding $0.03.
As a reminder I stopped investing the moment Prosper arbitrarily withdrew from the Folio Platform and shut the door behind me in Sep 2016.
In hindsight they did me a favor! I didn't totally shut down LC until Jan 2017. "It was a bad call Ripley; a bad call." Burke, Carter J. Aliens.


mrwhizzard

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Re: Worst Month Yet, Prosper Version
« Reply #31 on: October 28, 2019, 02:28:17 PM »
A fitting end to this thread. One more note to go, principal outstanding $0.03.

That's a lot of cash to keep in an account you've wound down, isn't it?

Rob L

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Re: Worst Month Yet, Prosper Version
« Reply #32 on: October 29, 2019, 09:42:24 AM »
A fitting end to this thread. One more note to go, principal outstanding $0.03.

That's a lot of cash to keep in an account you've wound down, isn't it?

It's an IRA account and I think the custodian imposes a $100 annual charge for accounts under $10k.
I moved out about $45k but left $10k to avoid the annual fee. IIRC my original investment was $50k.
Probably would have taken $200 in annual charge hits by now waiting for the wind down.
BTW, I'm doing the same with my LC account.