I finally found some suitable people to lend my latest bank transfer to Prosper. I currently have about $400 invested at 19.30%. Whenever I lend out my current funds, I transfer over another $100 and try to find a couple more people. Much like laddering short and long term bonds, I should have a steady stream of interest income coming from this in a few years. I just need to focus on reinvesting the interest.
I have to think about moving about $1200 out of a mutual fund that has been under performing for about 10 years now.