How To Use Lending Club Passive Income With Automated Investing
How to earn Lending Club passive income - In the past, I had to find new loans on Lending Club to invest in. Now with Lending Club’s Automated Investing, the website does all the work for me. Lending Club is a great investment. The loans that you invest in can be a great addition to your overall investment portfolio. It has a proven record of providing a greater rate of return than other investments.
As my investing strategy has evolved over the years, I’ve started to move away from DRIP (dividend reinvestment plan) investing. In part, because of the extra 1099-DIV tax form and costs basis data. But also because I’m now pooling dividends and reinvesting them into more undervalued stocks. The varying fees are annoying too. I still …
A website that allows you to buy just one share, this allows for DRIP investing where you buy directly from the company with no commission. A fun feature is they have images of the stock certificate. Shown is Caterpillar Stock