WFC Employees BANNED from Peer to Peer Lending

Employees Banned from investing in peer to peer lending - Banned Sign

I saw this post by Peter Renton at Lend Academy and thought it was something to be shared with those folks who may not have seen it. Wells Fargo has banned their employees from investing in peer to peer lending as it represents a conflict of interest. As peer to peer lending has grown it is … [Read more...]

Prosper Marketplace – October 2013 Update

Prosper Marketplace - Details Screen - October 2013

Getting closer! I only have seven more catchup posts after my summer’s blogging break. After investing with Lending Club for four years, I decided to diversify my peer-to-peer lending asset class and make an investment with Prosper. Having been bullish on peer-to-peer lending since opening that … [Read more...]

2013 Lending Club Tax Guide

2013 Lending Club Tax Guide - Taxes

As tax time quickly approaches, the annual question of how to report income from peer to peer lending investments comes up with little guidance from either Prosper or Lending Club. However, for the first time, Lending Club has put together a five-page tax guide explaining their soon to be released … [Read more...]

Lending Club – October 2013 Update

Lending Club - Net Interest by Month - October 2013

We’re now working on the last quarter of 2013 and only nine eight more catch-up posts left! Peer to peer lending intrigued me from the moment I first heard about it, and Lending Club is where I first started investing back in 2009. Each month I plan on updating my Lending Club investments in … [Read more...]

Passive Income – September 2013 Update

Passive Income - September 2013 - Fall Colors

Whew, it’s time to get back on the horse and finish catching up on 2013 and move forward into 2014 after enjoying a relaxing, blog-free holiday season. As most of you are aware, I am finishing catching up from my summer break when I wasn't actively posting.  My favorite post of the month is my … [Read more...]

Welcome 2014, Goodbye Holiday Siesta

Welcome 2014 Goodbye Holiday Siesta - New Beginnings

Who doesn't love the holidays? The opportunity to enjoy time spent with family, friends, and loved ones. For me the holidays are a tough and somewhat awkward time. I attempt to avoid the materialistic disaster that is the modern-day holiday season, while trying to maximize the relaxation and … [Read more...]

Prosper Marketplace – September 2013 Update

Prosper Marketplace - Main Screen - September 2013

Getting closer! We are now in the fall as I catch up from on my monthly updates after this summer’s blogging break. After investing with Lending Club for four years, I decided to diversify my peer-to-peer lending asset class and make an investment with Prosper. Having been bullish on peer-to-peer … [Read more...]

Lending Club – September 2013 Update

Lending Club - Net Interest by Month - September 2013

Getting closer! We are now in the fall as I catch up from on my monthly updates after this summer’s blogging break. Peer to peer lending intrigued me from the moment I first heard about it, and Lending Club is where I first started investing back in 2009. Each month I plan on updating my Lending … [Read more...]

Lending Club – Adding Investor Comparisons and Pushing PRIME

Lending Club - Understanding Your Returns - Adjusted Customized

Lending Club’s development team has been hard at work these last couple of months pushing out various tweaks to their platform. As I mentioned in a post last month, there were changes to both the main Lending Club platform and Foliofn, the secondary market trading platform. Well the changes keep on … [Read more...]

Passive Income – August 2013 Update

Passive Income - August 2013 Update - Boat in Water

Please note I understand August wasn’t yesterday! Just getting all of my updates into place from this past summer! Just a couple of months to go! My favorite post of the month is my monthly passive income update as it shows each month how I am getting a step closer in developing enough streams of … [Read more...]