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Author Topic: Hello Everyone  (Read 7706 times)

frinxor

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Hello Everyone
« on: May 06, 2011, 05:18:17 pm »

I read the previous Hello thread where the poor guy got his investments picked apart - and thought I'd like to jump in with a hello first post as well.

So hello, this forum has been very interesting. I am investment-daydream on prosper, and I think prosper is picking up in terms of originations and potential to stay afloat. I feel if they can stay afloat, its definitely a viable investment option.
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pioneer11

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Re: Hello Everyone
« Reply #1 on: May 06, 2011, 05:22:54 pm »

Welcome.

What's your Prosper handle?
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Why should I save a dog for $19 per month when I can save a child for $10 per month?

frinxor

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Re: Hello Everyone
« Reply #2 on: May 06, 2011, 06:04:05 pm »

investment-daydream
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DCS

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Re: Hello Everyone
« Reply #3 on: May 06, 2011, 06:31:38 pm »

I agree that Prosper is generally improving.  From a distance (living in a state that can no longer participate anyway) I've noticed Prosper has made investing somewhat less risky for lenders. A good bit of that is attributed to simply raising the minimum credit score.  But also the rating system is improved.  A few things were better the old way too.

I think of Prosper not so much as "a viable investment option" as something that can be entertaining and, if you're lucky and/or good, profitable.  You have to enjoy searching through the listings for the good ones to do well.  Lenders who prefer to simply turn on a portfolio plan and allow automatic bidding without maintaining any attention at all, I don't think Prosper is them and I'd fear for their returns.

I learned a lot about how my fellow Americans view finances from Prosper and was fascinated by what I saw as a lender.  I think user LoanChimp coined the term "Financial Voyeurism."  Some interesting things to see on this platform, for sure.  But I still don't think I'd recommend it to anyone who was looking for "an investment" that didn't come with "a hobby."
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pioneer11

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Re: Hello Everyone
« Reply #4 on: May 06, 2011, 06:54:24 pm »

investment-daydream
You are doing very well, congrats.
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Why should I save a dog for $19 per month when I can save a child for $10 per month?

Urbi_et_Orbi

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Re: Hello Everyone
« Reply #5 on: May 06, 2011, 07:06:48 pm »

Welcome to Org.  Happy to have you - and hope you feel inclined to jump in and participate.
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Mothandrust: "Why's he off the ballot in Colorado but it's OK for the other 48 states and Hawaii to vote for him"
https://www.prospers.org/forum/index.php?topic=37264.msg807090#msg807090

TJGbank

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ello
« Reply #6 on: May 06, 2011, 08:43:08 pm »

I
« Last Edit: March 09, 2012, 08:41:07 pm by TJGbank »
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Dot org was once a great place for discussion, conversion, and stock tips.  Now it's a wasteland of IRA01 calling people morans, cunts, and more while members stand around watching it happen and they don't give a shit.  Congrats white toast observers.  I have better ways of spending my time.  My Parthian shot, Nice Tie!

112233

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Re: Hello Everyone
« Reply #7 on: May 08, 2011, 01:05:53 am »

welcome!
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God-Father

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Re: Hello Everyone
« Reply #8 on: May 08, 2011, 06:19:16 am »

What is the secret to your success?
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jjd2themax

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Re: Hello Everyone
« Reply #9 on: May 10, 2011, 08:39:18 am »

Welcome.  No worries they beat me up a bit as well however, it worked out for the best we ended up taking their advice and finding a credit union to get a more favorable rate and I met some new people as well.  I can't say I blame them though from reading the board it seems like a lot of lenders got taken advantage of.
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