Ok on that silly change of a phrase, I can assume some of you know what I am going to mention. For those that don't, there is a site I have read up on based on some finance blogs. It is propser.com. It is a very interesting site where you loan money directly to borrowers (or borrow directly from lenders based on your point of view) and the rates are better for both sides of the equation. The idea is to cut out the middle man (ie. the bank).
I have been extremely wary of trying this type of setup, the risk just seemed too great to me. But as I have read more about it, I'm beginning to think putting a small amount in to try increase my return from my investments might be worth doing. At least I could learn the real worth of this activity wihtout too much risk. And if I lose some money I'll learn my lesson.
Sorry, this was just some out loud musing on my part. If anyone has suggestions or wants to pass along their experience, please lets hear it.
To prosper, or not to prosper, that is the question.
August 27th, 2006 at 04:25 am
August 28th, 2006 at 05:19 am 1156738792
August 28th, 2006 at 08:01 am 1156748460
August 28th, 2006 at 05:22 pm 1156782127