Prosper

[qwerty]

Prosper.com

What do you think about it?

QwerT

 

[qwerty]

I want to do some lending. Sure beats the 5.25% I'm getting at the bank right now.

 

[DailyTHC]

It is surely an interesting idea and site. The whole thing about groups seems confusing, and I would want to do a lot of researh before participating, but I would be open to it..

I find it funny that most if not all loans with a picture of an attractive female on the profile appear to be funded quicker and or more fully. People truly are all about looks.

 

[NOKUY]

I know a chic that used prosper.com to get a cpl. loans for her business...yeah she's hot, and she doesn't have super-great credit, but had no problem getting the funds that she needed and VERY quickly.

They did a mini-documentary on the local news about her and how "great" her experience was w/ that site.

I avoid borrowing money at all costs, so her experience is all I really know of....I've never even looked at the website.

 

[treble]

this is simply a brilliant idea....... this doesn't work for my area ..outside of US but I am stumped at how simple the concept it... I am going to have a close look at this, possibly do something like it......

treb

 

[qwerty]

What are some other things you invest in?

 

[qwerty]

Anyone like to offer things they invest in?

 

[marx2k]

Real estate, you can never go wrong with real estate.

Um. Have you looked at the real estate market lately?

 

[GOT_BUD?]

Yes I have and it's a perfect time to buy.

The one thing most people forget about real estate is that it's not always going to be an instant return. Sometimes markets take a dive and you end up loosing money, but only if you panic and sell for a loss. If you can hang on through the downslide, you will always end up ahead.

There is not one real estate market(populated) in the world that has never recovered from a loss.

Grandpa always said, "Buy the one thing they are never going to make more of, and people are going to absolutely need."

 

[marx2k]

The thing about that is that if you are not a wealthy investor and you basically put all of your money into one house to invest in, thinking you can flip that house without losing money... not being able t sell the house and paying monthly for your investment is a serious bummer.

 

[qwerty]

I invest in real estate as well. I am looking other ways people make their money work for them. Brainstorming. CD's, Bonds, IRA's? What do you have? Prosper.com, I find very interesting. For some reason, however, I am reluctant to invest there. Only a little bit.