Comments on: Prosper Marketplace – 2014 First Quarter Update

By: writing2reality

writing2reality — Tue, 15 Apr 2014 20:22:11 +0000

I generally consider my P2P lending investments to be just that, investments, and count them separately from my emergency fund. However, if that is something you are comfortable with doing, than that should help accelerate the growth of your passive income streams.

By: A Frugal Family's Journey

A Frugal Family's Journey — Sat, 12 Apr 2014 16:39:28 +0000

Great job improving this income stream…Our family also invests in both Prosper and Lending Club. I am hoping to one day replace my emergency fund with these two accounts and thereafter invest the money from our emergency fund to build the dividend income portfolio.

By: Peer to Peer Lending News Roundup – April 12, 2014

Peer to Peer Lending News Roundup – April 12, 2014 — Sat, 12 Apr 2014 12:32:30 +0000

[…] Prosper Marketplace – 2014 First Quarter Update from Write Your Own Reality – The quarterly investment update from this Prosper investor and blogger. […]

By: writing2reality

writing2reality — Wed, 09 Apr 2014 19:16:15 +0000

Thanks R2R! I certainly think things are looking fairly solid with my Prosper account and should continue to improve as I add funds and reinvest the earnings.

As for Canada, I would anticipate you having an option sooner or later. Given the rise of P2P lending globally, it is only a matter of time.

By: writing2reality

writing2reality — Wed, 09 Apr 2014 19:13:51 +0000

I actually enjoy investing in both, however if I had to make a choice, I would pick Lending Club at this point for the ability to put money to work in a timely fashion. I will probably end up earning higher returns at Prosper, but I’m fine with getting a +10% return on however much I can put to work, be it $5,000 or $25,000.

Thanks for stopping by ILG!

By: Roadmap2Retire

Roadmap2Retire — Wed, 09 Apr 2014 17:20:37 +0000

Good stuff, W2R. After that hiccup in Feb, looks like you are back in business in March. Keep it up.

Its always good to see how there are so many options to generate passive income. P2P lending is somethign not availabel here in Canada (atleast the last time I checked), so I just watch it from sidelines for now.

regards

By: ILG

ILG — Wed, 09 Apr 2014 02:11:23 +0000

Do you prefer Lending Club or Proper? I haven’t really looked at either, but I am curious as to which one you would start with if you had to make a choice.

Keep up the good work!