Comments on: Truly Passive Investing in P2P Lending: Lend Academy Investments

By: Peer to Peer Lending News Roundup – March 8, 2014

Peer to Peer Lending News Roundup – March 8, 2014 — Sat, 08 Mar 2014 14:26:40 +0000

[…] Truly Passive Investing in P2P Lending: Lend Academy Investments from Write Your Own Reality – Coverage of the launch of Lend Academy Investments. […]

By: writing2reality

writing2reality — Thu, 06 Mar 2014 19:46:42 +0000

You’ve hit the nail on the head here LR! The bigger the dollars, the harder it is to remain limited in your selection while working to stay fully invested.

Appreciate you stopping by and commenting!

By: Lending Robot (@LendingRobot)

Lending Robot (@LendingRobot) — Wed, 05 Mar 2014 19:31:04 +0000

As Warren Buffett famously said “I think I could make you 50% a year with [only] $1 million”. The more money invested, the less selective one can be.
So funds cannot focus on aggressive loans as much as individuals

By: writing2reality

writing2reality — Wed, 05 Mar 2014 14:30:59 +0000

Of course a more aggressive option would be great, but unfortunately I don’t think it is doable given the tremendous demand for those notes. It would make any managed accounts extremely difficult to stay fully invested on a larger scale.

Thanks for stopping by Ryan!

By: Ryan

Ryan — Wed, 05 Mar 2014 10:34:26 +0000

Great article!! I hadn’t heard about this yet. I agree about a more aggressive option, would be great and make the fees seem even that much more reasonable

By: 1500

1500 — Wed, 05 Mar 2014 04:44:57 +0000

Interesting. I hope things change down the road from a note availability standpoint. I feel that the good times are behinds us forever.

However, peer lending still isn’t mainstream and I think that there is a ton of potential to generate new business. I’d bet 95/100 on the street don’t even know what peer lending is.

I didn’t know how good I had it 3 years ago!

In any case, thanks for the follow up!

By: writing2reality

writing2reality — Wed, 05 Mar 2014 04:00:35 +0000

From my discussions with Peter last week and back in December about this, the primary reason is Prosper asked them not to focus exclusively on the lower graded notes due to the intense competition for those notes. A strong secondary reason (speculation on my part) is more consistent returns because of a lower risk of default due to external market conditions like an economic collapse.

Thanks for stopping by Mr. 1500!

By: 1500

1500 — Wed, 05 Mar 2014 03:55:47 +0000

I saw this news on Peter’s site earlier today. Very cool! The only thing I wondered about is why there are only 2 options, conservative and balanced. I was waiting read about the “aggressive/are you nuts?” option, but it was not to be. This surprised me a bit because it seems to me like the most successful investors buy the riskier notes. I’m sure there is a reason for lack of this option. I’d be curious to know what it is though.