Quote Originally Posted by Soolaimon View Post
I am not up with all this technical analyzing of returns but I thought some may be interested in a little exercise I have just done. My first loan purchase was in Sept 2014, In the next 4 months I took out 88 Loans all 36 months and for $ 25 to $ 150. Of those 88 loans, only 8 went full term and there are 3 still running and for some reason well behind in payments. 10 were charged off. The spread of grades was pretty even through A to E with only 5 F's.
I have steadily invested since but have to take 60 month loans to keep up and as far as RAR goes it was up around 15-16% for the first 6=8 months but then went down to about 13% where it has stayed ever since. ( now at 12.7%)
Still happy enough but no new funds in for more than a year now.
Looks like you were not sufficiently diversified. Best to have, say, at least 100 per grade.