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Moolanomy weekly roundup #17: “Prosper” edition
November 25, 2007 by Pinyo.
Ever since Prosper signed up as an advertiser on Moolanomy, I have been thinking about lending out money on Prosper as a way to build alternative income. Looking around the web, this seems to be a legitimate way of growing my money without relying on the stock market. Here are some excerpts from other web sites:
- Lazy Man and Money has a Prosper.com account that is worth over $9,800, and he continues to reinvest payments from other loans into it.
- I Will Teach You To Be Rich suggested Prosper to his friend.
- Blunt Money also recently took the plunge and signed up for Prosper.
- Chief Family Office is thinking about expanding her investment to include a small $50 lending account on Prosper.
- My Money Blog has a lively discussion about the pluses and minuses of Prosper (the meat is in the comments).
- Get Rich Slowly Forums has a discussion on the intricacies of Prosper interest calculation.
- Hyve Up has a video of Chris Larsen, CEO of Prosper.com.
From the M-Network and friends:
- The Two Safest Ways to Invest in Real Estate @ ChristianPF
- What is the Bank of England base rate and why is it important? @ Plonkee Money
- Investing the Easy Way @ Gather Little By Little
- Stop frittering away the fruits of your frugality @ Smart Spending (written by The Dough Roller)
- Reader Question: Cash or Debit Card? @ Being Frugal
- Debt as Bondage @ I’ve Paid For This Twice Already…
- You Think You Have Money Problems? Try Visiting Mexico… @ My Two Dollars
- How To Decide Between Roth IRA or Traditional IRA? @ My Retirement Blog
- Why You Should Tip Well @ Credit Withdrawal
- Steps to Find Freelance Jobs in Your Free Time @ Mrs. Micah
- The Forrest Gump Guide to Becoming a Gazillionaire @ On Moneymaking
A couple of news:
- Moolanomy hosted the Carnival of Personal Finance #127 this past Monday, and it was huge!
- On Thanksgiving Day, the subscriber number exceeded 400, but it came back down since.
- There is still time for you to participate in the Wise Investing Made Simple books giveaway, which expires on November 30th at midnight.
- Also, if you have any investing question for Larry Swedroe, please send it in. I will be sending the questions to him on December 1st, and am planning to publish it on December 10th.













Thanks for the link and good luck with Prosper!
Thanks for the link!
@Mrs Micah and MRB - it was my pleasure to link to you guys.