Hey folks,
I'm new to the early retirement community and this is my first post so I apologize if this has been covered in the past.
Does anyone have experience using the online lending groups such as "Lending Club" or "Prosper" as a portion of your investment portfolio? If so, what percentage do you dedicate to this?
At the end of last year I wanted to find out how this worked so I put $250 into an account to kind of take it for a test drive. It seems pretty straight forward. Sigficant risk, due diligence, etc....but I want to bump up the ante.
Any thoughts on what is too much?
Thanks
I'm new to the early retirement community and this is my first post so I apologize if this has been covered in the past.
Does anyone have experience using the online lending groups such as "Lending Club" or "Prosper" as a portion of your investment portfolio? If so, what percentage do you dedicate to this?
At the end of last year I wanted to find out how this worked so I put $250 into an account to kind of take it for a test drive. It seems pretty straight forward. Sigficant risk, due diligence, etc....but I want to bump up the ante.
Any thoughts on what is too much?
Thanks