4 ms·

>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.