It has been six month since I invested in Prosper-
So far my return is 9.21% a drop from about 12%-
I just invested more in money in Prosper for diversification purposes-
Out of the 64 notes, only 2 are late so it’s good-
Once the loans start paying interest, my return will be about 10%, I believe-
So far very satisfied with prosper. The only issue that I have is that there aren’t many loans-
Most times, I have nothing to invest in.
Recently, there are a lot of low interest notes, which is good. They are safe that is why they only offer 5-8%-
But with that return, I would just buy more mortgage REITs. AGNC and ARR offer 8%+ dividend yield and stock price
Hence, in such times, I have been slowly and steadily been accumulating more AGNC and ARR.
I also like Newmont mining (NEM) as commodity super cycle is slowly starting and pay 3.56% dividend yield-
Overall, very satisfied with Prosper but I wish they had more 10%+ yielding notes-
Thank You Jesus for Your wisdom and the ability to invest. Let us always be thankful and joyful. Amen!
Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.
1 Thessalonians 5: 16-18