Re:China's Peer-To-Peer Lenders Are Falling Like Dominoes as...
by LeftTurnSignal on Thursday August 02, 2018 @05:17PM
(#17675562)
Here's my experience. I don't recommend doing any p2p stuff like this. not really worth it
For fun, I tossed $1,000 into prosper in 4/2015.
I set it to auto invest each time I hit $50 in available funds from someone paying their loan back. I also only set it to auto invest at the B (estimated return of 6.8%) and C (est return of 7.8%) levels. The levels change a bit, but it factors in the estimated loss for each level too.
Currently, my portfolio is about $1,300 with a little bit extra in available funds.
Ive only logged in to get some tax documents after the initial $1k investment and setting up auto invest.
For fun, I tossed $1,000 into prosper in 4/2015.
I set it to auto invest each time I hit $50 in available funds from someone paying their loan back. I also only set it to auto invest at the B (estimated return of 6.8%) and C (est return of 7.8%) levels. The levels change a bit, but it factors in the estimated loss for each level too.
Currently, my portfolio is about $1,300 with a little bit extra in available funds.
Ive only logged in to get some tax documents after the initial $1k investment and setting up auto invest.
Not much for experience, but here ya go