4 ms·

I was lending on LendingClub back in 2008 and 2009, diversified among at least twenty or thirty loans. Result: -7% (default included). It's not all roses when t

I was lending on LendingClub back in 2008 and 2009, diversified among at least twenty or thirty loans. Result: -7% (default included). It's not all roses when the market is in a downturn.

hkmurakami 10y ago
Interesting. I don't know your exact timeframe, but that still beat the public stock market.