https://dollarsprout.com/best-short-term-investments/ Maximize your earning potential Thu, 25 Apr 2024 14:47:04 +0000 hourly 1 https://wordpress.org/?v=6.6.2 https://dollarsprout.com/best-short-term-investments/#comment-1179 Sat, 01 Sep 2018 09:44:44 +0000 https://staging.dollarsprout.com/?p=16084#comment-1179 Unless you have knowledge of how to balance risk and possible reward, p2p lending is a sucker bet. Prosper and Lending Club don’t have skin in the game as far as needing the loans to be paid back to make money. When loan volume slips, they ease credit restrictions so they still get the origination fees and the investors get screwed. You say 3-8% returns; most people who are not re-investing their money are between 3 and 5%, and that’s when the economy is good. If lots of people get laid off, the returns are going to fall more. Leave lending money to those who know the risks.

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