Investment Platforms Summary:
I invest in the following investment platforms.
- Peerstreet.com – Follow this link: You and I get a 1% bonus on new investments.
- LendingClub.com – Follow this link: You get a large bonus. My most recent post – Long Term Investment Review.
- Prosper.com – I am not recommending at this time.
- Robinhood.com – Follow this link: You get a free stock and I get a free stock.
- Fundrise.com – Follow this link: No fees for 90 days.
- Capitalone.com – Follow this link: You get a $20.00 bonus.
Breakdown of my investments:
Allocation of Investments:
I am holding 37.6% of cash in the Capital One savings account earning a sweet 1.75%. I will deploy some amounts here and there during this quarter. However, if a nice correction will occur, a significant portion will be deployed. Detailed amounts of each investment can be viewed at other blog posts. Top three investments: 1. Cash – Capital One, 2. Peerstreet – hard money lending, and 3. Robinhood – equities, funds, and mutual funds. I just started with groundfloor.us. I will show mu results next quarter.
Return on Investments:
Each investment is doing as expected an annualized basis except for Prosper.com. Thus, I will no longer deploy any amounts to prosper until I will figure out exactly what causes the poor performance. I will perform a full analysis of Prosper.com at a later time. I don’t have favorite investment, my only goal is not to lose my principal of investment after adjusting for inflation and make a few percentages on top of that. Any passive investment of 5% to 8% percent on an annual basis is excellent for me.
Other items to consider while reviewing the information above:
- RobinHood and Vanguard Represent represents dividend income and not any actual gains on assets.
- Capital One is cash holdings.
- Peerstreet and Fundrise are loans on properties aka hard money lending.
- Streetshares is receivables lending.
Thanks for reading.