Changed Up My Lending Club Investing Strategy
Mar23

Changed Up My Lending Club Investing Strategy

I have been investing with Lending Club for a while now and my account has been doing pretty good so far. When I started off I was reinvesting all the money I made, as well as adding in $25 a month to fund new loans. My goal was to get enough loans that were being repaid so I could get to the point where I was earning enough to fund a new loan every month. I am pleased to say that over the last few months I have earned enough in...

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Tracking My Finances In 2012: January Week 3
Jan20

Tracking My Finances In 2012: January Week 3

I have decided to post my weekly spending for the previous week on Fridays so you know how my cash has been flowing for the week. Please note that I get paid on the last day of the month so my cash flow net effect will usually be negative until the last day of the month. This does not mean that I am adding to my debt, it just means that the money coming in is less than the money going out because bills are due starting on the first...

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Lending Club Performance Update: December 2011
Dec28

Lending Club Performance Update: December 2011

I cannot stop talking about how much I am loving Lending Club. I initially fell in love because it was the site that gave me the best loan when I needed to consolidate my credit cards so that I could get out of debt. After paying off my debt I decided to invest in Lending Club and even though I have had a few poorly performing loans I do not regret anything about my decision. I am currently receiving a return of 5.14% on my investment...

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Tracking My Finances In 2011: December Week 4
Dec23

Tracking My Finances In 2011: December Week 4

I have decided to post my weekly spending for the previous week on Fridays so you know how my cash has been flowing for the week. Please note that I get paid on the last day of the month so my cash flow net effect will usually be negative until the last day of the month. This does not mean that I am adding to my debt, it just means that the money coming in is less than the money going out because bills are due starting on the first...

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Monthly Financial Check Up: November 2011
Dec01

Monthly Financial Check Up: November 2011

This month I came in at $2870.05 in the red as I expected because I have not been working. This was actually a lower figure than I originally predicted because I got a little more in advertising than I expected. Things are looking a little better for December so I should not be too far in the red at the next posting. I received a total of $43.57 from Lending Club, which is almost double the amount that I required to invest in new...

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