Last week I announced I would be introducing my new video course for p2p investors soon. I also asked for your help in filling out a short survey.
I certainly appreciated all of your responses – 91 of you told me exactly what you would like to see covered in this course. I have incorporated a lot of your feedback into the course and today I am going to give you an early sneak peek at the course itself.
But before I do that let me give you a bit of background as to why I created this course.
It is no secret to even the casual reader of this blog that I am a big fan of p2p lending. Ever since I started investing in 2009 I have been adding more money into this asset class. And the more I have learned the more bullish I have become about its future.
No Training Course Available
I firmly believe that every investor should have a portion of his or her portfolio dedicated to p2p lending. And word is definitely spreading. New investors are coming on board every day. But how do these investors learn the ins and outs of investing?
Lending Club and Prosper provide little help. Because of the onerous SEC regulations they are prevented from providing investment advice. So, rather than negotiate that fine line they provide virtually no advice on how best to use their platforms.
Now, I know this blog has been a great resource for many people. But I cover a large range of topics here and I jump all over the place from topic to topic. What was needed was a comprehensive course that takes investors through all aspects of p2p lending in a systematic and hands-on manner.
If you want to learn about investing in the stock market or bond market or virtually any other investment vehicle there are plenty of options for new investors. No so with p2p lending. Until now.
Announcing the P2P Lending Wealth System
Next week I will be launching the world’s first ever video course dedicated to p2p lending. It will be called the P2P Lending Wealth System. It is a practical, hands-on course that provides investors with everything they need to be successful.
The P2P Lending Wealth System digs deeply into the investment platforms of Lending Club and Prosper. We talk a lot about loan filtering on both platforms and we also show investors how to leverage p2p lending statistics sites Lendstats.com and Nickelsteamroller.com.
The course will have some informational slides but I really wanted to leverage the power of screencasts where I take investors through the most important components on the various websites.
The Most Requested Topic from the Survey
The most requested topic from last week’s survey was advice on how to improve returns. This is really what most investors are looking for.
So, in this sneak peak I go through an example of how to use Lendstats.com to analyze the loan history of Lending Club. You will see how in four simple steps you can setup some filters that provide a 4% increase over the average estimated ROI.
Peter Renton is the chairman and co-founder of LendIt Fintech, 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.