How I Got Greedy and Lost My Shirt with Peer To Peer Lending Loans
I completely messed up investing in peer-to-peer loans through Lending Club because I was greedy. Jim Cramer is famous for saying that both bulls and bears can make money, but pigs get slaughtered. What he means is that it is one thing to make money or make a living with your investments. But, to try and make a killing on them, you will often be crushed by those very same investments. I’m ashamed that I got greedy with my Lending Club investments, tried to push the envelope, and got burnt. Keep reading to see what happened and what I’m doing now with the new loans I’m investing in through Lending Club. Peer To Peer Loans And Lending Is Awesome I don’t … Read more