The Bankwatch

Social Lending in perspective | a diversification play

Tuesday, 1 January 2008 · No Comments

Nice description of his investment strategy from LazyMan - a Prosper investor.  Worth the read, and nice way to place Social Lending in perspective too.

Prosper Blog: Prosper, the online marketplace for people-to-people lending » Blog Archive » Are You Diversified?

The last 5% of my investment is with Prosper.com. One of the reasons I lend money on Prosper is that it further diversifies my portfolio. I have a few friends who got depressed when the Dow drops from 14,000 to 12,700. I slept very well at night knowing that 60% of my money was invested elsewhere.

Categories: Social Lending

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