In other words, the answer is that the interest rate is not enough except that it will serve as a transitional vehicle for people moving their funds out of Lending Club.
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#17
Investors - LC / RIP Lendingclub Notes
October 09, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21701.msg62194#msg88888888Quote"> from: Fred93 on October 10, 2020, 07:01:24 PM
#18
Investors - LC /
October 09, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21703.msg62185#msg88888888Quote"> from: Debt Free on October 09, 2020, 06:06:38 PM
#20
Investors - LC / Post-News IRA Strategy
October 08, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21702.msg62177#msg88888888Quote"> from: macroman7799 on October 09, 2020, 03:45:53 PM
#21
Investors - LC /
October 08, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21703.msg62173#msg88888888Quote"> from: macroman7799 on October 09, 2020, 02:53:24 PM
#22
Investors - LC / Post-News IRA Strategy
October 08, 2020, 11:00:00 PM
I'm wondering what my best strategy is to minimize the fees. I have $ 12,810 in principal value in my LC IRA using STRATA as the custodian.
1. Do you think I should continue investing available funds until the shutdown?
2. Is there a transfer pattern that will save on fees?
I am still 3 years away from making penalty free withdrawls and had not planned to use these funds for at least 10 years. I am emailing the LC helpdesk to see if they can offer any advice but I'm sure they are swamped.
1. Do you think I should continue investing available funds until the shutdown?
2. Is there a transfer pattern that will save on fees?
I am still 3 years away from making penalty free withdrawls and had not planned to use these funds for at least 10 years. I am emailing the LC helpdesk to see if they can offer any advice but I'm sure they are swamped.
#23
Investors - LC / RIP Lendingclub Notes
October 08, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21701.msg62162#msg88888888Quote"> from: BruiserB on October 08, 2020, 01:19:58 PM
#24
Investors - LC / RIP Lendingclub Notes
October 07, 2020, 11:00:00 PM
Yea...lol. I see the folio platform went away in August. Shows how much attention I've been paying to LC since I liquidated a bunch in Feb/Mar. I wouldn't be surprised if folio shutting down was one of the nails in the coffin. The at least partial liquidity of the notes made the investment a bit more attractive.
Btw, welcome back, @core.
Sent from my iPhone using Tapatalk
Btw, welcome back, @core.
Sent from my iPhone using Tapatalk
#25
Investors - LC / RIP Lendingclub Notes
October 07, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21701.msg62162#msg88888888Quote"> from: BruiserB on October 08, 2020, 01:19:58 PM
#26
Investors - LC / RIP Lendingclub Notes
October 06, 2020, 11:00:00 PM
LC stock up 6% today. The market thinks this is a positive development.
#27
Investors - LC / RIP Lendingclub Notes
October 06, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21701.msg62145#msg88888888Quote"> from: Edward Reid on October 07, 2020, 11:27:04 AM
#28
Investors - LC / RIP Lendingclub Notes
October 06, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21701.msg62145#msg88888888Quote"> from: Edward Reid on October 07, 2020, 11:27:04 AM
#29
Investors - LC / RIP Lendingclub Notes
October 06, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21701.msg62144#msg88888888Quote"> from: core on October 07, 2020, 11:12:18 AM
#30
Investors - LC / RIP Lendingclub Notes
October 06, 2020, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=21701.msg62143#msg88888888Quote"> from: bkcarp00 on October 07, 2020, 11:06:10 AM