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How savvy with lending would you say one needs to be to see those sorts of returns with relatively controlled risk? Is Lending Club for Joe Investor?
by shostack 11y ago
How savvy with lending would you say one needs to be to see those sorts of returns with relatively controlled risk? Is Lending Club for Joe Investor?
- 11thEarlOfMar 11y agoThey have an option to automate the lending, so it is possible to get good returns as s novice. The automated feature spreads the dollars over many loans. However, this is really new as a way for retail investors to earn a return, so they really should get comfortable with its structure before putting money in.
- shostack 11y agoIn your opinion what are the considerations of this vs. say, a Vanguard bond fund?