Category Archives: Investments

A Review of My Actual Prosper Account

A Review of My Actual Prosper Account

I have mentioned in the past that I really like P2P Lending, or Person to Person Lending.  I had previously talked about Prosper, when they brought back lending to New York, and most recently as an alternative source for liquid cash, but I have never given details about my account. Until Today. I always thoughtContinue Reading

How do the Morningstar Star Ratings Work? Are Morningstar Ratings Accurate?

How do the Morningstar Star Ratings Work? Are Morningstar Ratings Accurate?

I have discussed how I use the Free Morningstar Instant X-Ray tool, but Morningstar is more known for its mutual fund rating system.  Who hasn’t heard the terms, “5 Star Fund, 4 Star Fund, etc.” but what does that actually mean? How does Morningstar calculate the Star Rating System? Russel Kinnel, Morningstar’s Director of MutualContinue Reading

WSJ Teaches YOU how to Become A Billionaire; Hint: Ignore All “Normal” Advice

WSJ Teaches YOU how to Become A Billionaire; Hint: Ignore All “Normal” Advice

Gregory Zuckerman wrote an Article in the WSJ titled, “Greatest Trade: How Can you Make $20 Billion” which provides 8 easy steps to become a Billionaire.  Where did these steps come? Mr. Zuckerman follows two years of John Paulson’s work. The article is entertaining, but I’d love to read an autobiography if ever produces itContinue Reading

Sweet Prosper is Back!

Being that I am in debt elimination mode I haven’t talked about my investments that much.  But on February 15, 2007, I was intrigued by the idea of Prosper and have since built a very very small portfolio. As the P2P Lending market grew so did the competition and Prosper and LendingClub both went intoContinue Reading