Originally Posted by
myles
Personally I don't see how using 'unique loans' is indicative of 'how one is doing' as loan size, hence investment size, can vary. e.g. I'm now investing between $100 - $200 dollars per loan - for the amount I have invested this is still very diversified - probably overly so i.e. I should, and may, start taking larger portions of loans - something I've been thinking about for a while, to try to keep $'s invested. Still waiting to see if loan volume picks up...
I guess what I'm saying is that there are different strategies you can take to invest and unique number of loans doesn't paint the full picture. I believe you can do better by investing larger (but still diverse) amounts into 'better' loans, once your overall investment size is large enough. i.e. it won't make any significant difference to the value of charged-off principal. In fact it may reduce it...