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Comments on: Prosper - An interesting site showing stats etc. http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/ Advice, research and tips on improving your financial life Fri, 18 May 2012 04:43:21 +0000 http://wordpress.org/?v=2.3.1 By: Dan http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-21431 Dan Tue, 01 May 2007 02:42:47 +0000 http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-21431 Eric's site is great info, I had some trouble with the csv file export, but can just cut and paste some tables into excel as well. In short, if following the loans of some of the top performers with my petty 50 bucks per loan, any reason to believe I wouldn't hit the same returns? I'd take the double digit non market correlated returns any day. I've been in for a few weeks and have listed some strategies on my blog, as well as lessons learned. Best of luck lenders! Dan http://www.everydayfinance.blogspot.com Eric’s site is great info, I had some trouble with the csv file export, but can just cut and paste some tables into excel as well. In short, if following the loans of some of the top performers with my petty 50 bucks per loan, any reason to believe I wouldn’t hit the same returns? I’d take the double digit non market correlated returns any day. I’ve been in for a few weeks and have listed some strategies on my blog, as well as lessons learned. Best of luck lenders!
Dan

http://www.everydayfinance.blogspot.com

]]> By: Kevin http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4709 Kevin Fri, 29 Dec 2006 15:51:14 +0000 http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4709 Eric make 2 assumptions which make his ROI numbers inflated: not accounting for DTI by using the Experion expected default rates for less than 20% DTI and valuing both High Risk (HR) and No Credit (NC) loans as a 0% return. I believe this causes the real ROI to be skewed in the higher direction for DTI and the lower direction for HR and NC. In the case of pensioner he has almost no HR/NC and 89% in C,D,E loans weighted D-. Clearly, pensioner has faith in the law of large numbers. I wish pensioner well and I too will be following closely. This was an exert from a post I made on my blog (that references yours): http://rateladder.com/?p=30 Eric make 2 assumptions which make his ROI numbers inflated: not accounting for DTI by using the Experion expected default rates for less than 20% DTI and valuing both High Risk (HR) and No Credit (NC) loans as a 0% return.

I believe this causes the real ROI to be skewed in the higher direction for DTI and the lower direction for HR and NC. In the case of pensioner he has almost no HR/NC and 89% in C,D,E loans weighted D-. Clearly, pensioner has faith in the law of large numbers. I wish pensioner well and I too will be following closely.

This was an exert from a post I made on my blog (that references yours): http://rateladder.com/?p=30

]]> By: RateLadder.com http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4708 RateLadder.com Fri, 29 Dec 2006 15:48:31 +0000 http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4708 [...] I was reading a blog (My Personal Finance Blog) about this very subject and I would like to comment on the ROI as defined by Eric’s Credit Community. [...] […] I was reading a blog (My Personal Finance Blog) about this very subject and I would like to comment on the ROI as defined by Eric’s Credit Community. […]

]]> By: Jason http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4381 Jason Mon, 11 Dec 2006 21:38:11 +0000 http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4381 I've considered investing some through prosper, but not until I kill off remaining debts. I will monitor your progress as an endorsement for or against the site. Thanks. http://debtfighters.blogspot.com/ I’ve considered investing some through prosper, but not until I kill off remaining debts. I will monitor your progress as an endorsement for or against the site. Thanks.

http://debtfighters.blogspot.com/

]]> By: makingourway http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4254 makingourway Sat, 02 Dec 2006 14:16:58 +0000 http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4254 Very interesting site - I need to check it out! Overall I've been disappointed with prosper - not enough high credit borrowers. M Very interesting site - I need to check it out!
Overall I’ve been disappointed with prosper - not enough high credit borrowers. M

]]> By: ES http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4218 ES Wed, 29 Nov 2006 23:47:28 +0000 http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4218 And if I had 750k in prosper, it would probably be 10% of my liquid net worth. I actually have lent money out on prosper and its about 1% of my liquid net worth[cash & stocks only]. i'll see how it goes for a few months and i might put in another 4% to a total of 5% of my liquid net work. And if I had 750k in prosper, it would probably be 10% of my liquid net worth.

I actually have lent money out on prosper and its about 1% of my liquid net worth[cash & stocks only].

i’ll see how it goes for a few months and i might put in another 4% to a total of 5% of my
liquid net work.

]]> By: ES http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4217 ES Wed, 29 Nov 2006 23:44:37 +0000 http://www.my-personal-finance-blog.com/2006/11/21/prosper-an-interesting-site-showing-stats-etc/#comment-4217 thanks for link to eric's site. very interesting. thanks for link to eric’s site. very interesting.

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