Comments on: Five Investment Prerequisites to P2P Lending http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/ Investing, Saving, Borrowing, Lending, & Spending Fri, 05 Dec 2008 07:07:29 +0000 http://wordpress.org/?v=2.6.1 By: Lending Club SEC S-1 Filing Risk Details | Personal Loan Portfolio http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-143 Lending Club SEC S-1 Filing Risk Details | Personal Loan Portfolio Mon, 30 Jun 2008 13:11:50 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-143 [...] are things that you have not considered, you might want to take a look at this post I wrote on the prerequisite investments to p2p lending. These icons link to social bookmarking sites where readers can share and discover new web [...] [...] are things that you have not considered, you might want to take a look at this post I wrote on the prerequisite investments to p2p lending. These icons link to social bookmarking sites where readers can share and discover new web [...]

]]> By: Advice for Potential a New Peer-to-Peer Lender | Personal Loan Portfolio http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-105 Advice for Potential a New Peer-to-Peer Lender | Personal Loan Portfolio Fri, 21 Mar 2008 06:10:04 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-105 [...] income tax treatment of peer loans reduces your return plus the taxes can be difficult to file. The Roth IRA is a better investment than P2P loans if [...] [...] income tax treatment of peer loans reduces your return plus the taxes can be difficult to file. The Roth IRA is a better investment than P2P loans if [...]

]]> By: First Two Months Blogging P2P Lending | Personal Loan Portfolio http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-21 First Two Months Blogging P2P Lending | Personal Loan Portfolio Mon, 14 Jan 2008 05:07:00 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-21 [...] (that I seem to have little time for) I have posted two P2P lending articles including the five prerequisite investments to P2P lending including an emergency fund, 401K, a Roth IRA, etc and I also performed a basic tax impact analysis [...] [...] (that I seem to have little time for) I have posted two P2P lending articles including the five prerequisite investments to P2P lending including an emergency fund, 401K, a Roth IRA, etc and I also performed a basic tax impact analysis [...]

]]> By: First Peer-to-Peer Lending Carnival | Personal Loan Portfolio http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-20 First Peer-to-Peer Lending Carnival | Personal Loan Portfolio Mon, 07 Jan 2008 03:13:10 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-20 [...] Land)  article at the Official Prosper Blog Digging for Gold around the Portfolios and 2) the prerequisite investments to peer-to-peer lending which includes basics like an emergency fund and your work [...] [...] Land)  article at the Official Prosper Blog Digging for Gold around the Portfolios and 2) the prerequisite investments to peer-to-peer lending which includes basics like an emergency fund and your work [...]

]]> By: Prosper Blog: Prosper, the online marketplace for people-to-people lending » Blog Archive » Prosper Roundup — Prosper Blog Nominated For An Annual Award(?) Edition http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-19 Prosper Blog: Prosper, the online marketplace for people-to-people lending » Blog Archive » Prosper Roundup — Prosper Blog Nominated For An Annual Award(?) Edition Sun, 06 Jan 2008 18:35:26 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-19 [...] Five Investment Prerequisites to P2P Lending [...] [...] Five Investment Prerequisites to P2P Lending [...]

]]> By: Carnival of Peer-To-Peer Lending #1 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-13 Carnival of Peer-To-Peer Lending #1 Fri, 04 Jan 2008 18:15:42 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-13 [...] quite liked Five Investment Prerequisites to P2P Lending since it is very clear that you should be responsible with your asset [...] [...] quite liked Five Investment Prerequisites to P2P Lending since it is very clear that you should be responsible with your asset [...]

]]> By: Personal Finance Trainer http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-10 Personal Finance Trainer Sun, 16 Dec 2007 05:27:49 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-10 Hi Bob. Thanks for commenting and subscribing. I am going to try to update this site a few times per week because I really do have a lot of useful knowledge on the subject of personal finance. It is something that m parents have hammered on my for years. There are much better places for most people to put there money. Did you see the post on the <a href="http://personalfinancetrainer.com/11/tax-impact-on-returns-capital-gains-vs-income-re-prosper-loans/">income tax implications of P2P loans</a>? That will put it in clear prospective that you should be maxing out all tax deferred investments first and even a non-tax protected S&P 500 investment is a better investment than p2p loans. I added a blog roll link to <a href="http://www.lazymanandmoney.com/">Lazy Man and Money</a> since he referred a few visitors to me based on my comments and I appreciate it. He really has a great site that I like reading. Hi Bob. Thanks for commenting and subscribing. I am going to try to update this site a few times per week because I really do have a lot of useful knowledge on the subject of personal finance. It is something that m parents have hammered on my for years.

There are much better places for most people to put there money. Did you see the post on the income tax implications of P2P loans? That will put it in clear prospective that you should be maxing out all tax deferred investments first and even a non-tax protected S&P 500 investment is a better investment than p2p loans.

I added a blog roll link to Lazy Man and Money since he referred a few visitors to me based on my comments and I appreciate it. He really has a great site that I like reading.

]]> By: Cheapster Bob http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-9 Cheapster Bob Sat, 15 Dec 2007 07:52:49 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-9 Thanks for the link to your site over on Lazy Man. It seems there are better places to put ones money, before the P2P, then there is money in an average joe's pocket book. Another came to mind while reading your suggestions. Place the money in a high interest savings account to fund a side business. I'll subscribe to your site and check back to see how you make out with it though. Best of luck to you. Thanks for the link to your site over on Lazy Man. It seems there are better places to put ones money, before the P2P, then there is money in an average joe’s pocket book.

Another came to mind while reading your suggestions. Place the money in a high interest savings account to fund a side business.

I’ll subscribe to your site and check back to see how you make out with it though.

Best of luck to you.

]]> By: Bonus ROI to P2P Loans with Lending Club | Personal Finance Trainer http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-8 Bonus ROI to P2P Loans with Lending Club | Personal Finance Trainer Sat, 15 Dec 2007 04:51:50 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-8 [...] is not the best investment due to income tax on P2P loan interest and I believe that there is a better list of prerequisite investments. However, Lending Club is paying out an incredible Return on Investment Bonus that may shift the [...] [...] is not the best investment due to income tax on P2P loan interest and I believe that there is a better list of prerequisite investments. However, Lending Club is paying out an incredible Return on Investment Bonus that may shift the [...]

]]> By: Tax Impact on Returns: Capital Gains vs. Income (re: Prosper Loans) | Personal Finance Trainer http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-5 Tax Impact on Returns: Capital Gains vs. Income (re: Prosper Loans) | Personal Finance Trainer Tue, 11 Dec 2007 07:49:16 +0000 http://personalfinancetrainer.com/5/five-investment-prerequisites-to-p2p-lending/#comment-5 [...] Which should you purchase Prosper P2P loans (assuming your skilled enough to earn a 12% return) or the S&P500 which has earned 13% per year over the last 20 years? The answer is not simple and it depends greatly on taxes. I will provide you with a spreadsheet to evaluate your own personal situation and propose a whole new class of currently non-existent investment with supercharged returns. This post on tax efficiency is written as a follow up to the discussion on Lazy Man and Money related to Prosper Loans who posted in reference to Free Money Finance’s Criticism of Prosper as an investment. Personally, I have a laundry list of prerequisites to P2P lending. [...] [...] Which should you purchase Prosper P2P loans (assuming your skilled enough to earn a 12% return) or the S&P500 which has earned 13% per year over the last 20 years? The answer is not simple and it depends greatly on taxes. I will provide you with a spreadsheet to evaluate your own personal situation and propose a whole new class of currently non-existent investment with supercharged returns. This post on tax efficiency is written as a follow up to the discussion on Lazy Man and Money related to Prosper Loans who posted in reference to Free Money Finance’s Criticism of Prosper as an investment. Personally, I have a laundry list of prerequisites to P2P lending. [...]

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