Net Worth: $623,097

Account 2016Q3 2016Q4 Change
Cash $185,450 $42,845 $150,480
Lending Club $44,676 $43,878 $799
Direct Lending Income Fund $527,048 $792,181 $265,133
Groundfloor $5,240 $5,190 $50
iFunding $100,000 $100,000 $0
Debt ($279,100) ($360,996) $81,896
Total $583,314 $623,097 $39,783
Key Factors
  • Earned Income
    • Salary: $23,447
    • RSU: $15,994
    • ESPP: $688
  • Portfolio Income
    • Lending Club: $799
    • Groundfloor: $2
    • Robinhood: $3,473
  • Passive Income
    • Direct Lending Income Fund: $15,133
    • iFunding: $2,000
  • Expenses

Return On Investment (ROI): 7.98%

Account Allocation XIRR (TTM) XIRR (TOT)
Lending Club 4.66% (4.16%) 5.71%
Direct Lending Income Fund 84.16% 10.75% 10.73%
Groundfloor 0.55% 6.86%
iFunding 10.62% 3.60%
Total 100% 7.98% 8.75%
  • Lending Club account values are based on Adjusted Account Value
  • Started investing with Groundfloor in March 2016
  • Started investing with iFunding in September 2016

Commentary

Allocating a large percentage of the total portfolio to Lending Club was a big mistake. The actual ROI was much lower than the projected ROI, and liquidation was painful. It was not a good investment overall. The performance of DLIF is much more stable and predictable. I’ve stopped reinvesting all accounts for the foreseeable future. I’ll continue winding down all Lending Club accounts. I plan to transfer Roth IRAs from Lending Club to Vanguard.