Re: Prosper.com
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I personally believe you are much better off investing in the stock market. Much higher potential rewards, with less risk, while at the same time having more liquidity (you can't sell your prosper loan if you need the cash -- you are potentially stuck receving the minimum payments for the next 3 years)
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eh?
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eh?
Loaning money on prosper is a form of investing.
I think the stock market is less risky than giving out unsecured loans to poor credit risks over the internet.
You can sell your stocks if you get in a pinch for cash. You can't sell your prosper loan.
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