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.
Best of luck with your investments on Prosper. If you would like to be on Prosper's blogger outreach list, let me know by email, and we'll send you occasional updates about Prosper and peer-to-peer lending.
ReplyDeleteYou can reach me at gmillar (at) Prosper (dot) com.
Thanks,
Glenn
Prosper.com