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plannig to invest money on stocks plz suggest


new_here

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1 hour ago, Genuine11 said:

I suggest to try LendingClub instead of Stocks (if you are in US) and if the amount you mentioned is in dollars.

What is that. trading type ena. 

Money market account ela untadi for interest

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LendingClub - is a website which gives you an opportunity to lend money as personal loan to others. On average you can get around 8% to 10% interest on your investment. You will lend money based on their credit history. This is not good for large amount of investment.

@Merabharathmahan

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Just now, Genuine11 said:

LendingClub - is a website which gives you an opportunity to lend money as personal loan to others. On average you can get around 8% to 10% interest on your investment. You will lend money based on their credit history. This is not good for large amount of investment.

@Merabharathmahan

trust pothundi man coming days lo, athcare antunnaru credit history ni , waste brahmi%20laugh.gif

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You don't have to lend all your money to one person. You can distribute it to many borrowers. 

Trusting one person might be wrong but by above business model LendingClub makes it a bit trustworthy.

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Just now, Genuine11 said:

You don't have to lend all your money to one person. You can distribute it to many borrowers. 

Trusting one person might be wrong but by above business model LendingClub makes it a bit trustworthy.

depends on insurance premiums man. how much you loss on premiums against the loans brahmi%20laugh.gif

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