In the third quarter of 2016, my net worth increased to $583,314 and overall IRR decreased to 8.97%. I had cash bonus, stock vesting, and lump sum relocation package from my full-time job. That was enough to offset a loss from Lending Club and upfront fees on balance transfers. The liquidation of Lending Club account was completed with a big loss which drag down my overall IRR.

Net Worth: $583,314

Account 2016Q2 2016Q3 Change
Cash $5,267 $185,450 $180,183
Lending Club $83,548 $44,676 $38,871
Direct Lending Income Fund $513,431 $527,048 $13,617
Groundfloor $5,200 $5,240 $40
iFunding $0 $100,000 $100,000
Debt ($80,900) ($279,100) $198,200
Total $526,545 $583,314 $56,768
Key Factors
  • Earned Income
    • Salary: $21,877
    • Bonus: $10,650
    • RSU: $5,236
    • ESPP: $13,369
    • Relocation Package: $15,000
  • Portfolio Income
    • Lending Club: $3,871
    • Groundfloor: $408
    • Robinhood: $597
  • Passive Income
    • Direct Lending Income Fund: $13,616
  • Expenses
    • Balance Transfer Fee ($299,261 @ 2.99%): $8,799

Internal Rate of Return (IRR): 8.97%

Account Allocation XIRR (TTM) XIRR (TOT)
Lending Club 6.60% (1.68%) 6.07%
Direct Lending Income Fund 77.85% 11.11% 10.93%
Groundfloor 0.77% 8%
iFunding 14.77% 0%
Total 100% 8.20% 8.97%
  • Lending Club account values are based on Adjusted Account Value
  • Started investing with Groundfloor in March 2016
  • Started investing with iFunding in August 2016