Comments on: Its Good To Be Back http://livingoffdividends.com/2007/01/24/its-good-to-be-back/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 13 Dec 2011 07:31:37 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Lazy Man and Money http://livingoffdividends.com/2007/01/24/its-good-to-be-back/comment-page-1/#comment-492 Lazy Man and Money Tue, 30 Jan 2007 06:17:00 +0000 http://www.livingoffdividends.com/2007/01/24/its-good-to-be-back/#comment-492 I still think it's possible to invest in Prosper quickly. In theory, if you were to invest randomly within a credit grade, you'd do as well as their average for that grade (if you invest in enough of them). If you look at Prosper's default averages it's pretty decent. <br /><br />Perhaps your time is well spent combing through loans, but perhaps it's better to think of it like a small cap mutual fund. Some will succeed, some will fail, but on average you'll tend to do okay over time. I still think it’s possible to invest in Prosper quickly. In theory, if you were to invest randomly within a credit grade, you’d do as well as their average for that grade (if you invest in enough of them). If you look at Prosper’s default averages it’s pretty decent.

Perhaps your time is well spent combing through loans, but perhaps it’s better to think of it like a small cap mutual fund. Some will succeed, some will fail, but on average you’ll tend to do okay over time.

]]> By: StockRake http://livingoffdividends.com/2007/01/24/its-good-to-be-back/comment-page-1/#comment-490 StockRake Mon, 29 Jan 2007 13:27:00 +0000 http://www.livingoffdividends.com/2007/01/24/its-good-to-be-back/#comment-490 Sounds like a great trip. The local beer always tastes better when you are there :D.<br /><br />Singha! Sounds like a great trip. The local beer always tastes better when you are there :D .

Singha!

]]> By: mOOm http://livingoffdividends.com/2007/01/24/its-good-to-be-back/comment-page-1/#comment-487 mOOm Fri, 26 Jan 2007 01:57:00 +0000 http://www.livingoffdividends.com/2007/01/24/its-good-to-be-back/#comment-487 I haven't tried it, but Prosper really doesn't look worthwhile unless you are willing to put substantial money into and make much larger loans, like $1000 a piece or so. I haven’t tried it, but Prosper really doesn’t look worthwhile unless you are willing to put substantial money into and make much larger loans, like $1000 a piece or so.

]]> By: James & Miel http://livingoffdividends.com/2007/01/24/its-good-to-be-back/comment-page-1/#comment-486 James & Miel Thu, 25 Jan 2007 16:21:00 +0000 http://www.livingoffdividends.com/2007/01/24/its-good-to-be-back/#comment-486 Hi Adventures,<br /><br />interesting post. Land used to be a major source of wealth in the USA. Now that we've switched to a service economy it seems less important. that said, there is still something comforting about owning land, its somehow more substantial than stocks of bonds, which only seem to derive value because of sociological reality (e.g. they have value because everyone says they do).<br /><br />Best,<br /><br />James Hi Adventures,

interesting post. Land used to be a major source of wealth in the USA. Now that we’ve switched to a service economy it seems less important. that said, there is still something comforting about owning land, its somehow more substantial than stocks of bonds, which only seem to derive value because of sociological reality (e.g. they have value because everyone says they do).

Best,

James

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