Investing 102

[GregWeld]

Just to be clear --- I understand the OP question about Peer to Peer lending -- and Micro loans and all of that... I just thought it was a fun place to insert some information about lending... and it's perils. I'm a lender in a couple of instances and they've worked out well for all so far. Just make sure to keep it very very small.

[XLexusTech]

Originally Posted by GregWeld

Just to be clear --- I understand the OP question about Peer to Peer lending -- and Micro loans and all of that... I just thought it was a fun place to insert some information about lending... and it's perils. I'm a lender in a couple of instances and they've worked out well for all so far. Just make sure to keep it very very small.

Yep that's the nature of the query .. Read through the article and it's not at all like peer to peer lending.

[GregWeld]

When I lend money --- I'm taking collateral. A title or secured creditor. First in line with hard assets. Otherwise I can just buy some more MO or T -- and collect a dividend.

While I like to help out -- I'm in it to make my money make money.

The problem with "lending" is that it's not liquid. I like / prefer liquidity. I want a premium return for giving up liquidity (think LLC apartment investing - where returns are 7% or so plus the upside).


Peer to Peer (P2P) lending typically is unsecured...

[XLexusTech]

Originally Posted by GregWeld

When I lend money --- I'm taking collateral. A title or secured creditor. First in line with hard assets. Otherwise I can just buy some more MO or T -- and collect a dividend.

While I like to help out -- I'm in it to make my money make money.

The problem with "lending" is that it's not liquid. I like / prefer liquidity. I want a premium return for giving up liquidity (think LLC apartment investing - where returns are 7% or so plus the upside).


Peer to Peer (P2P) lending typically is unsecured...

Ok no disrespect but I believe your making a lot of assumptions. For example although your notes may have 36 month durations they are both callable and can be sold at anytime .. Since what your doing here is taking fractional percentages of thousands of loans it not as locked in as one might think. In fact that's one of the things I want advice on, assuming existing accounts which have solid history from someone oh wants to cash out

[GregWeld]

Originally Posted by XLexusTech

Ok no disrespect but I believe your making a lot of assumptions. For example although your notes may have 36 month durations they are both callable and can be sold at anytime .. Since what your doing here is taking fractional percentages of thousands of loans it not as locked in as one might think. In fact that's one of the things I want advice on, assuming existing accounts which have solid history from someone oh wants to cash out

Ah ha... so you're not making a direct P2P loan. A third party is bundling.