Comments on: Earning 11.89% Interest By Lending Money At Lending Club.

By: David

David — Mon, 28 Sep 2009 02:46:02 +0000

Of course – and that’s why all my money isnt in Lending Club

By: plonkee

plonkee — Fri, 25 Sep 2009 17:59:50 +0000

If you subscribe to the efficient market theory, it’s unlikely that you could keep up returns that high indefinitely. There must be some kind of risk-reward thing going on, and I’d expect your returns to be quite variable.

Still, that doesn’t mean it’s a bad investment at all, just need to fit it into your overall risk profile.

By: David

David — Fri, 25 Sep 2009 00:27:12 +0000

I think this is a great idea and a great option, however, personally, I would feel a little leery about jumping in for fear of non-payment. I think eventually this concept will catch on, as soon as people get over this fear.

But I will check it out.

Great post