tag:blogger.com,1999:blog-6787157690355329112.post947358670589804272..comments2024-03-13T08:03:38.906-07:00Comments on Frugal Freedom: Shooting For The MoonUnknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6787157690355329112.post-28268975888183853512009-08-30T15:51:54.051-07:002009-08-30T15:51:54.051-07:00bugbear, definitely too risky for me at that level...bugbear, definitely too risky for me at that level of cash. I don't think he even considered why the people can't get a bank loan.<br /><br />Stephanie, $50 is more my speed. I would try it out for that. Good luck!<br /><br />Hannah, thanks, I'll look in to that. I started reading but want to read it again to understand all of the details.Daizyhttps://www.blogger.com/profile/08075279944974601962noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-30782648969749373952009-08-28T14:03:53.326-07:002009-08-28T14:03:53.326-07:00Hey I saw this while surfing for deals...and thoug...Hey I saw this while surfing for deals...and thought it might be something that you might like to get involved in!<br /><br />http://www.weusecoupons.com/index.php?pageid=cdbn<br /><br />Keep up the great work, I love your posts!!<br /><br />HannahAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-66911889276925184192009-08-27T08:58:22.270-07:002009-08-27T08:58:22.270-07:00I agree with you, Daizy. I do have $50 invested in...I agree with you, Daizy. I do have $50 invested in a peer loan right now, and the person has paid on time and as agreed, but I would not invest my retirement money or a large portion of other savings that way. That said, I find peer lending interesting, and I chose a person with a high credit rating to loan to.Stephaniehttps://www.blogger.com/profile/06748743390966004262noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-60307362566213410012009-08-26T21:09:44.570-07:002009-08-26T21:09:44.570-07:00Poor guy. He's taking a high risk for a relati...Poor guy. He's taking a high risk for a relatively small return.<br /><br />In peer to peer lending, you have little of the oversight that traditional lenders do over your lendee's actual financial situation, and the loan is not collateralized. <br />And, basically, you can for all intents and purposes be lending to the people all the banks and lending institutions turned down. Not a good risk profile as far as I'm concerned.moociferhttps://www.blogger.com/profile/01325412523164314073noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-52203097166543643482009-08-26T19:26:09.787-07:002009-08-26T19:26:09.787-07:00I could comment on that...but I won't.I could comment on that...but I won't.Daizyhttps://www.blogger.com/profile/08075279944974601962noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-87526029693194694252009-08-26T19:23:37.801-07:002009-08-26T19:23:37.801-07:00Big return usually means big risk, but I must admi...Big return usually means big risk, but I must admit, I don't know anything about peer to peer lending. Maybe he has done his homework.Over the Cubicle Wallhttps://www.blogger.com/profile/04842722161649016062noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-25510795677339809762009-08-26T19:21:13.240-07:002009-08-26T19:21:13.240-07:00I believe the backup plan would be to work longer....I believe the backup plan would be to work longer. There could be inheritance possibilities but I don't know if that is already accounted for or not. And then there is having the wife work longer too. He does have many avenues I was just amazed that he jumped in so, um, generously.Daizyhttps://www.blogger.com/profile/08075279944974601962noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-51481860181365848782009-08-26T19:11:51.966-07:002009-08-26T19:11:51.966-07:00Does he have a backup plan at all? I am more like...Does he have a backup plan at all? I am more like you. Too much on the line for anything really risky.Over the Cubicle Wallhttps://www.blogger.com/profile/04842722161649016062noreply@blogger.com