Comments on: Intro: Hedging with Lending Club http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/ Finance is not rocket science, unless it is government finance. Sat, 05 Jun 2010 22:48:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Another alternate stream of income | rocket financehttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1547 Another alternate stream of income | rocket finance Fri, 07 Mar 2008 15:31:38 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1547 [...] Intro: Hedging with Lending Club [...] [...] Intro: Hedging with Lending Club [...]

]]> By: rocketchttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1403 rocketc Sun, 17 Feb 2008 14:36:25 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1403 In essence, I am "dollar cost averaging" at Lending Club. In essence, I am “dollar cost averaging” at Lending Club.

]]> By: Tomhttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1400 Tom Sun, 17 Feb 2008 14:01:59 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1400 I think it is wise to limit the monthly investment to $50-100, especially as a new lender. Many new lenders jump in with thousands of dollars and regret it as some of the higher interest loans start to default. I look forward to following your lending experience. I think it is wise to limit the monthly investment to $50-100, especially as a new lender. Many new lenders jump in with thousands of dollars and regret it as some of the higher interest loans start to default.

I look forward to following your lending experience.

]]> By: Maximize interest | rocket financehttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1324 Maximize interest | rocket finance Thu, 14 Feb 2008 09:01:52 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1324 [...] post is part of a series on how to increase your return on balance transfer arbitrage by using Lending Club. Balance transfer arbitrage is the practice of acquiring large sums of money [...] [...] post is part of a series on how to increase your return on balance transfer arbitrage by using Lending Club. Balance transfer arbitrage is the practice of acquiring large sums of money [...]

]]> By: Maximize interest | rocket financehttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1325 Maximize interest | rocket finance Thu, 14 Feb 2008 09:01:52 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1325 [...] post is part of a series on how to increase your return on balance transfer arbitrage by using Lending Club. Balance transfer arbitrage is the practice of acquiring large sums of money [...] [...] post is part of a series on how to increase your return on balance transfer arbitrage by using Lending Club. Balance transfer arbitrage is the practice of acquiring large sums of money [...]

]]> By: Lot's o' links | rocket financehttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1226 Lot's o' links | rocket finance Sun, 10 Feb 2008 02:37:36 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1226 [...] free money, so don’t pass it up. I think the bonus is being offered for a limited time. The Intro to Hedging with Lending Club is the first in a series over the next couple of [...] [...] free money, so don’t pass it up. I think the bonus is being offered for a limited time. The Intro to Hedging with Lending Club is the first in a series over the next couple of [...]

]]> By: rocketchttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1191 rocketc Thu, 07 Feb 2008 14:40:09 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1191 My two highest credit limits ever have been the Amex Blue (not Blue CASH) and the Sony Platinum Visa. The Sony comes with balance transfer checks that you can deposit right into your bank and the bt fee is capped at $75. When I bt-ed from the amex blue, there were no bt fees. My two highest credit limits ever have been the Amex Blue (not Blue CASH) and the Sony Platinum Visa. The Sony comes with balance transfer checks that you can deposit right into your bank and the bt fee is capped at $75. When I bt-ed from the amex blue, there were no bt fees.

]]> By: Odnalhttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1190 Odnal Thu, 07 Feb 2008 14:24:12 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1190 I might have to revisit the idea with a different card then. I didn't redo it because I just hate seeing that debt on my net worth graphs :) But if I could get a $10k limit and make a free $500 or so, it might be worth it to give it a try again. I might have to revisit the idea with a different card then. I didn’t redo it because I just hate seeing that debt on my net worth graphs :) But if I could get a $10k limit and make a free $500 or so, it might be worth it to give it a try again.

]]> By: rocketchttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1188 rocketc Thu, 07 Feb 2008 14:11:57 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1188 Balance transfer arbitrage is not for procrastinators or the faint of heart and should be entered into only after a great deal of planning. Balance transfer arbitrage is not for procrastinators or the faint of heart and should be entered into only after a great deal of planning.

]]> By: rocketchttp://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1187 rocketc Thu, 07 Feb 2008 14:10:56 +0000 http://www.rocketfinance.net/2008/02/07/intro-hedging-with-lending-club/#comment-1187 The payments sound normal, but there are definitely some techniques for getting higher credit limits. I should do a post on it. . .but here are some basics: 1) beg 2) combine other cc's from the same company 3) get an AMEX card - they are extraordinarily generous. 4) the smaller banks are less generous (like USAA) 5) stick to Citi, Chase, Amex, and BOA The payments sound normal, but there are definitely some techniques for getting higher credit limits. I should do a post on it. . .but here are some basics:
1) beg
2) combine other cc’s from the same company
3) get an AMEX card – they are extraordinarily generous.
4) the smaller banks are less generous (like USAA)
5) stick to Citi, Chase, Amex, and BOA

]]>