• Dividend reinvestment over time is the sure-fire way to set yourself up for an easy financial future. Dividend Emperor will help you get rich SLOWLY. Come with us and develop an empire of dividend paying stocks which will provide an eternal passive income stream.

    Thursday, March 16, 2017

    Another passive income possibility: P2P Lending

    Honestly, I'm new to the P2P lending investing opportunities.  However, the possibility of % 5-10 returns is appealing considering that you will nothing from keeping your money in the bank. While you do not get the overall long-term investment returns like you would from dividend paying stocks, P2P lending such as Lending Club has some potential.  Passive income to the tune of % 5-10 sounds like a very solid potential means of diversifying the passive income portfolio.  I have invested a small sum and will report back with the results over the next few months.

    I hope that this can supplement the dividend empire portfolio. 

    3 comments:

    1. I recently opened a Lending Club account with $2,500. So far so good. I do have one loan nearing default and another in a grace period, but the other 105 loans are all current so far.

      I'm posting my month 2 update today. Best of luck.

      ReplyDelete
      Replies
      1. I've had a similar experience. Good luck to you as well. Maybe we could trade notes !

        Delete
    2. I just opened an account with Lending Club, but I haven't transferred any funds yet. Still hesitant. Definitely a good idea to start off small.

      ReplyDelete

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