With all the talk of side hustles for extra income, it’s easy to overlook passive income strategies. Whether you’re pressed for time, are already working on a side hustle, or just want to diversify your income more, there’s a lot to be said for establishing a passive income. Establishing a passive income source will entail […]
I Finally Filled Up My Lending Club Roth IRA
It seems like years ago that I wrote my two part series on opening a Lending Club Roth IRA and how to invest it. It was actually only 5 months ago, but it marked my first major investment into peer to peer lending. I was convinced to make a larger investment because my experimental account […]
Part 2: Investing in a No Fee Lending Club Roth IRA
This is the second part in my series on investing in a Lending Club Roth IRA. You can read the first article here about Opening a No Fee Lending Club Roth IRA. Finding a Great Sign-Up Bonus Lending Club has always had some pretty solid sign-up bonuses. When I opened my account three years ago, […]
Part 1: Opening a No Fee Lending Club Roth IRA
I’ve been investing with Lending Club for three years now and my returns are still over 10%. I’ve developed a specific set of filters that I feel give me a distinct advantage over the average LC investor yet it’s nothing ground breaking. The average investor is doing pretty well according to Lending Club, but I […]
My First Default With Lending Club
With today’s pitiful interest rates, it’s hard to sit there and invest your money in CD’s that are returning 1 or 2 percent. So if you’ve been searching for alternative investments you may already know about Lending Club. But if you’re new to the peer to peer lending scene, you can read my first review […]
How I Achieved a 13% Rate of Return Investing with Lending Club
I started investing with Lending Club in August of 2010. Two years later, I’ve seen an awesome 13% rate of return on my initial investment. Lending Club is a relatively new site that brokers peer to peer lending. In essence, you become a bank and you are free to browse and invest in thousands of […]