Person-to-Person Investing | Steadfast Finances

3 September 2009

This is How To Run a Bank: Take Deposits, Hold the Loans, & Implement the 3-6-3 Rule

Banking, Business Trends, Peer to Peer Lending

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Now this is how you run a solid, old fashioned type of bank. CNBC interviewed a small, community bank CEO (Frank Sorrentino) from North Jersey Community Bank today, and if I was ever fortunate enough to run a bank, this is how I would hope to get it done.
The old …

1 September 2009

My Plan to Beat the Lending Club, Peer-to-Peer Investing Average

Investing 101, Peer to Peer Lending

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Growing up, most kids I knew wanted to be an astronaut or play in the NFL. Always being one to go against the flow, as well as being a killer Monopoly player, I always wanted to be a banker.
I’m aware it’s an odd admission, but for some reason, the …

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For legality reasons, it should be mentioned that I am in no way to be considered a financial professional in any capacity. I do not hold any certifications or degrees within the financial field. I’m just a guy writing about personal finance, investing, or other money saving tips that I think the money conscious crowd might find helpful. You should never take any information on this blog (or any other blog) as financial advice unless that is their stated goal.

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