Best way to invest $50k
01-14-2013 | 07:16 AM
#31
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Joined: Oct 2008
Posts: 38
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From: Albuquerque, NM
Originally Posted by epoch707' timestamp='1353194625' post='22157494
Im just shooting more investment suggestions, Have you heard of peer-to-peer lending? Basically there are sites that lend people money at preferred rates better than banks. From $100-$100,000. You can lend money and get an annualized yield of 18% or more. You choose the type of borrower and risk profile. I know some people who have made great returns with that. Check it out: Alternative Investments through Peer-to-Peer Lending
this is very interesting
01-31-2013 | 04:31 PM
#32
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Joined: Apr 2007
Posts: 39
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I opened an account and got a return of 8%, it's been great so far since every month part of the principal is paid along with interest. Here is an update of my returns and a screenshot of my account: http://adviceaboutfinance.com/2013/0...r-7-82-return/
Update: Im averaging 9% and I have used the proceeds to reinvest. I am slowly building this portfolio up so I added a few more hundred dollars for a total of $1000
Update: Im averaging 9% and I have used the proceeds to reinvest. I am slowly building this portfolio up so I added a few more hundred dollars for a total of $1000
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