4 ms·

What bonds? Lc pays around 7%. I've never seen a bond over 1%

• forgetsusername 10y ago
  >I've never seen a bond over 1% The BAA Corporate index is 4.79%.
  • loeg 10y ago
    And junk corporate bonds are probably less likely to default than LC loans.
    • pmorici 10y ago
      The difference between LC and a Junk corporate bonds is that with LC you are investing in hundreds of loans at $25 each. You can't get the same kind of diversification corporate bonds.
      • dragonwriter 10y ago
        > The difference between LC and a Junk corporate bonds is that with LC you are investing in hundreds of loans at $25 each. You can't get the same kind of diversification corporate bonds. Are diversified bond funds not a thing now?
        • pmorici 10y ago
          I assumed we were talking about investing directly in the bonds. Even if you do an index fund though that 4.79% is ignoring fees. The LC returns being talked about are after fees.
        • turar 10y ago
          Which bond funds would you recommend and what are their current rates?
    • mmanfrin 10y ago
      My after-default rate with LC for >1,000 loans is 6.7%. After default.