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What Tim Ferriss has to say about going broke

In any investment decision, it is important to understand your risk tolerance. Each time you create a P2P loan portfolio on Lending Club, there is an opportunity to indicate your risk sensitivity on a scale of 1-5. Choosing your risk level determines which types of loans will be put into your portfolio. So it is [...]

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  • Loan Credit Distribution is an Important Part of Diversification at Prosper Everyone has heard that you should diversify your investment portfolio.  This includes both types (for example stocks, bonds, cash, loans) and kinds ( for example Mid-cap, International, Tech, Municipal, and Credit Grades.)  Diversifying your portfolio in Prosper is similar to your larger portfolio.  First you must ask and truthfully answer......

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Tips on saving money – just ask

A few days ago, I was talking to my brothers and sisters, when one of them mentioned a trip to Disneyland that my family had taken when I was only a couple years old. They all started cracking up—something very funny had happened. You know that feeling you get when everyone is laughing at an [...]

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