Tag Archives: alternative investment

Prosper and Lending Club P2P Investment Update

When I started investing in P2P (person-to-person) lending, back when it got its start, proper regulations weren’t in place. Thus, as you can see above, my returns were kind of crappy in the early days. Now that the P2P sites had to add much more stringent regulations, my returns aren’t that bad at 7%-8%.┬áThis is how my Prosper account is performing:

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While I only had about $350 remaining in my Prosper account, given the results to date, I decided to put another $500 in and see how it performs. This is definitely a test and alternative investment while I focus primarily on my stock accounts.

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