In case you missed it earlier this week, Brip Blap hosted the Second Carnival of Peer-to-Peer Lending.
I particularly liked Moolanomy’s article about his second Prosper loan. I caution him to not judge Prosper until he has a fair sample size of loans. I believe that number to be at least 50.
There were a number of other good articles you would want to check out. The next carnival will be hosted at RateLadder.com
Hey, thanks for the caution. I am going slow and hopefully, I will get to that 50 number one day. $2,500 is not bad, but IRA, 401k, and 529 are priority for me.
As they should be. I highly recommend doing all those first and have said that in the past. I should have taken my own advice, but I thought that I had a chance to “beat the system” while Prosper was relatively new and not entirely an efficient market.
So the big question is – what’s next? Where is the next big alternative investment? Inquiring minds want to know…
Thanks for the mention!
Looking forward to it.