tag:blogger.com,1999:blog-1893129263573703047.post5334228080428788532..comments2024-03-28T00:13:55.918-07:00Comments on A Frugal Family's Journey: P2P Accounts (Update) - September 2014A Frugal Family's Journeyhttp://www.blogger.com/profile/05093532273552790517noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1893129263573703047.post-13460609826832906392014-09-11T17:00:32.647-07:002014-09-11T17:00:32.647-07:00Tawcan - We are happy to receive returns in the ra...Tawcan - We are happy to receive returns in the range of 5-7% percent with our P2P accounts. We can live with the default rate among notes in that range. We are concerned that a higher return will also be associate with a higher default rate which in the end simply cancels each other out. Emotionally, we simply feel its just not worth it. :)<br /><br />Thanks for your comment. Best Wishes! AFFJA Frugal Family's Journeyhttps://www.blogger.com/profile/05093532273552790517noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-22202782080275855232014-09-11T16:56:45.084-07:002014-09-11T16:56:45.084-07:00W2R - Our goal is to reach $50K in total value fro...W2R - Our goal is to reach $50K in total value from both P2P accounts. I really don't foresee us slowing down until we are at least 4/5 of the way there. If anything, instead of buying $25 notes, we will eventually consider purchasing $50 notes. In fact, when we see really favorable notes, we are already beginning to do that. <br /><br />Thanks for stopping by and for your comment. Cheers to P2P and no defaults! AFFJA Frugal Family's Journeyhttps://www.blogger.com/profile/05093532273552790517noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-59881935404527743412014-09-10T11:24:59.885-07:002014-09-10T11:24:59.885-07:00Looks like you're increasing your lending port...Looks like you're increasing your lending portfolios steadily. +5% return is pretty good. Would you get better returns if you take on higher risks? Would that be worth it? Tawcanhttps://www.blogger.com/profile/17163696730038583040noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-83487983018748853532014-09-10T06:35:55.859-07:002014-09-10T06:35:55.859-07:00Looks good! Nice steady progress with your account...Looks good! Nice steady progress with your accounts. At what point will you slow your investment in P2P Lending? Given the interest and principal repayments, your accounts are certainly large enough to be turning over on themselves. For me, I plan on building my two taxable accounts to the $5-6k range, and might add a couple thousand to my LC Roth account to jump it to the $16-17k range over the next year or so. At that point I'll have $30k in P2P and will likely focus for a while on building other assets, both in my dividend growth portfolio and elsewhere (stuff not tracked on the blog).writing2realityhttp://www.writeyourownreality.comnoreply@blogger.com