My Lending Club account liquidated

Today I finished liquidation of my Lending Club portfolio. I decided to keep 500 dollars in the account and just reinvest the proceeds. I will keep the account totally passive. I will not be adding more cash and withdrawing any cash until retirement. At this moment I am playing with other people’s money. I received Continue reading →

Why I will no longer invest in Lending Club

Every great story will end one day. This is the case of my investments in Lending Club. Yes I am closing my account (or significantly reducing my exposure) with Lending Club and moving all available cash to equities. The reason? Recent changes in trading platform which now prevent me from effectively manage and protect my Continue reading →

Posted by Martin March 10, 2013

Lending Club Goal 2013 Completed!

Lending Club Goal 2013 Completed!

I would like to announce that I completed my first goal I set for 2013 and that was to reach 14% annual return rate. I am very happy about it, because with this rate of return, my investment will double every 5 years! My other goals are going well too. It looks like I under-sized Continue reading →

Posted by Martin March 05, 2013

How to Spot Bad Notes in Lending Club Before They Turn Bad – Part 1

Since a few months ago when I claimed that I had zero In Grace Period, Late, or Defaulted notes in my Lending Club account, I have started receiving emails from other investors whether I would be willing to share my strategy how I avoid the notes before they turn bad. Originally I was just responding Continue reading →

Posted by Martin November 04, 2012

Lending Club Performance

Lending Club Performance

Recently I posted my Lending Club performance, showing my return rate chart from the beginning of investing, my account value growth and my interest paid. You can see it here. I also was claiming in several of my older posts that I was able to avoid default notes or even late notes due to my Continue reading →

Posted by Martin October 25, 2012

Lending Club Holdings page

I really enjoy investing with Lending Club. I’ve been investing with Lending Club for almost 3 years and over that time I have developed a method of selecting, evaluating and watching new notes in which I want to invest and those I am already invested in. The method of watching the notes I already own Continue reading →

Posted by Martin September 11, 2012

Focus on savings and investing with Lending Club

Focus on savings and investing with Lending Club

Recently I was evaluating my investment goals and the way I was saving money for investing. In many of my previous posts I preached a way of saving into non transaction fee mutual funds, which would allow investing small amounts let’s say $50 every month without paying a fee. Then I could see something I Continue reading →

Posted by Martin July 30, 2012

Lending Club investing experience

If you ever heard about Lending Club, seen some ads about investing with Lending Club and making 9% or more, you probably wonder whether it works or it is safe investing. You probable tried searching on Internet to find out what others have to say about this type of investing. Are you confused about the Continue reading →