If you are a p2p investor the chances are this is not the only investment you have. If it is then you are likely in violation of the guidelines set forth by Lending Club and Prosper.
Presumably when you opened your p2p lending account you used money that you had elsewhere. Where did that money come from?
Today we are going to do something a bit different. I am running a poll to see where people have taken money from when they started investing at Lending Club or Prosper.
I can tell you where my money has come from. I have been moving money from a combination of the stock market and bond market. I will continue to take money out of these until I have at least $100,000 invested at both Lending Club and Prosper.
Vote in the poll below and leave more details about your choice in the comments. If you investment has come from multiple sources you can vote for more than one choice.
Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.