Stats for Feb 1st - Feb 28th 2011
Beginning of Month (BoM) End of Month (EoM)
Interest earned: $92.19
Balance BoM $5056.31
Balance EoM $5341.03
Average interest rate BoM 29.70%
Average interest rate EoM 29.50%
100 $ deposited into account.
Total notes changed from 154 to 161 for + 7 notes.
Current notes went from 148 to 156 for +8 increase.
Notes late 1-30 days went from 5 to 3 for -2 decrease.
Notes late 31+ days went from 1 to 2 for a +1 increase
No notes were charged off during February total remains at 14.
3 notes were paid off during February total is increased to 26.
In Summary, this month was great and the investing is fun. I have continued to keep my automatic deposits of $50 twice a month active as it continues to grow. February is only a 28 day month and the Prosper account does not get updated until Monday night. So in reality this is only for about 25 days performance. I continue to expect about 100 $ a month in interest which is considerably more than what a bank account would be paying out. Risk vs Reward obviously a factor. Thanks for looking.