Friday, June 1, 2007
I have not talked at all about my Prosper investing in this blog. I look at Prosper as a nice way to diversify my investments, get a high return on my money, and generate some passive cash flow. So far, in the last couple of months, I have invested 805$ in 16 loans at avg interest rate of 23%. I have another 200$ I will be investing next week. So far, all loans are current. My goal is to maintain a 20% interest rate for all loans, and generate a substantial cash flow for myself in the coming months. If you have not heard of Prosper, you can check it out here.