I’m a fan of Lending Club. I always have been. I’ve been using the service for years, and I’ve even appeared on Fox Business praising the investment service. I've grown to enjoy the Lending Club passive income that my investments in loans pays me each month, and I put that passive income back to work in new, additional loans. In the past, I had to do all of the legwork myself. I had to find new loans on Lending Club to invest in. Now with Lending Club's Automated Investing, the website does all the work for me. Lending Club is a great … [Read more...] about Using Automated Investing on Lending Club for Passive Income
People email me and ask all the time where they should invest their short-term cash. Because of the stock market’s shaky returns lately or even those who are saving for a goal like a down payment on a home, more people are holding cash in their investment portfolios than ever before. That is the case for young investors too. Young investors are holding more cash than ever before in their investment portfolios instead of putting that money to work in the stock market. So, where should you stash cash in the short term? There are several … [Read more...] about Top 3 Short Term Cash Investments You Should Consider Now!
Money market funds are a lot like money market accounts and provide investors a little more return for their investment rather than just parking their hard earned money in a standard bank savings account. Money market funds are important pieces of the short-term credit markets and can be an excellent addition to an investor's portfolio. Money market funds provide investors an great alternative to simply holding cash. They are great short term cash investments. Money market funds are deposit accounts that earn interest by investing in … [Read more...] about Benefits And Drawbacks Of Money Market Funds