In the second quarter of 2017, my net worth increased to $659,849 and overall IRR increased to 8.53%. IRA money is slowly moving from Lending Club to Groundfloor. I’ve been selling Notes on the Folio at 3% premium regardless of the vintage or loan status to accelerate the liquidation process.

Net Worth: $659,849

Account 2017Q1 2017Q2 Change
Cash $20,650 $58,154 $37,504
Lending Club $59,096 $41,410 $17,686
Direct Lending Income Fund $810,894 $574,521 $236,373
Groundfloor $2,690 $19,975 $17,285
iFunding $100,000 $100,000 $0
LexShares $15,000 $190,000 $175,000
Debt ($372,595) ($324,210) $48,385
Total $635,735 $659,849 $24,114
Key Factors
  • Earned Income
    • Salary: $15,746
    • ESPP: $7,851
  • Portfolio Income
    • Lending Club: $351
  • Passive Income
    • Direct Lending Income Fund: $13,627
    • iFunding: $2,000

Internal Rate of Return (IRR): 8.53%

Account Allocation XIRR (TTM) XIRR (TOT)
Lending Club 4.47% (10.87%) 5.14%
Direct Lending Income Fund 62.05% 9.75% 10.28%
Groundfloor 2.16% 5.98% 7.12%
iFunding 10.80% 5.79%
LexShares 20.52% 0%
Total 100% 7.58% 8.53%
  • Lending Club account values are based on Adjusted Account Value
  • Started investing with iFunding in September 2016
  • Started investing with LexShares in March 2017