Short Term Small Business Financing I Paid Off My 3rd YieldStreet investment has paid in full. It’s 1288 days from the time of capital commitment to the repayment of principal and accrued interest. The investment has generated 12.74% IRR. Key Events Funding On April 12, 2018, YieldStreet announced that Short Term Small Business Financing I […]
Summary My 14th investment into commercial litigation crowdfunding has reached finality. It has been 770 days from the time of an ACH transfer to the distribution. The investment has generated a 1.70x MOIC and a 28.45% IRR. Key Events Date Cashflows Description Feb 14, 2019 New Investment Opportunity – $1.50M Feb 14, 2019 Capital Commitment […]
Summary My 16th investment into commercial litigation crowdfunding has reached finality. It has been 188 days from the time of an ACH transfer to the first distribution. The investment has generated a 1.69x MOIC and a 64.82% IRR. Key Events Date Cashflows Description Feb 19, 2020 New Investment Opportunity – $1.13M Feb 19, 2020 Capital […]
Summary My 8th investment into commercial litigation crowdfunding has reached finality. It has been 1,018 days from the time of an ACH transfer to the distribution. The investment has generated a 0.88x MOIC and a (4.41%) IRR. Key Events Date Cashflows Description Aug 29, 2017 New Investment Opportunity – $225K Aug 29, 2017 Capital Commitment […]
Summary My 3rd investment into commercial litigation crowdfunding has reached finality. It has been 1,079 days from the time of an ACH transfer to write-off. The investment has lost the entire principal. Key Events Date Cashflows Description Apr 13, 2017 New Investment Opportunity – $225K Apr 13, 2017 Capital Commitment – $50K Apr 18, 2017 […]
Summary My 12th investment into commercial litigation crowdfunding has reached finality. It has been 456 days from the time of a wire transfer to the distribution. The investment has generated a 1.76x MOIC and a 57.03% IRR. Key Events Date Cashflows Description Oct 30, 2018 New Investment Opportunity – $2.25M Oct 30, 2018 Capital Commitment […]
Diversified Pre-Settlement Portfolio XXV Paid Off My 1st YieldStreet investment has paid in full. It’s 639 days from the time of capital commitment to the repayment of principal and accrued interest. The investment has generated 13.14% IRR. Key Events Funding On December 24, 2018, YieldStreet announced that Diversified Pre-Settlement Portfolio XXV would launch Wednesday, December […]
Summary My 5th investment into commercial litigation crowdfunding has reached finality. It has been 682 days from the time of an ACH transfer to the distribution. The investment has generated a 2.57x MOIC and a 65.57% IRR. Key Events Date Cashflows Description Jun 8, 2017 New Investment Opportunity – $100K Jun 8, 2017 Capital Commitment […]
Summary My 1st investment into commercial litigation crowdfunding has reached finality. It has been 640 days from the time of an ACH transfer to the distribution. The investment has returned the principal with no profit. Key Events Date Cashflows Description Mar 3, 2017 New Investment Opportunity – $400K Mar 3, 2017 Capital Commitment – $10K […]
Portfolio Strategy My asset allocation strategy remains constant. I am willing to take a substantial risk for aggressive growth. I go all-in with litigation finance investments. Concentration is the fastest way to build wealth. I will enter the world of hedge fund investing when my liquid assets reach $3 million. Asset Class Allocation I hold […]
Summary My 7th investment into commercial litigation crowdfunding has reached finality. It has been 73 days from the time of a wire transfer to the distribution. The investment has generated a 1.79x MOIC and a 1740.72% IRR. Key Events Date Cashflows Description Jul 5, 2017 New Investment Opportunity – $750K Jul 5, 2017 Capital Commitment […]
EVIVA Midtown Add-on Project Paid Off My 1st preferred equity investment on commercial real estate project has completed. It’s 366 days from the time of capital commitment to the repayment of principal and accrued interest. The investment has generated 19.45% IRR. Key Events Date Cashflows Description Aug 30, 2016 Capital Commitment Sep 6, 2016 ($100,000) […]
Third-Party Litigation Finance I recently found a crowd-sourced litigation funding platform called LexShares. This platform gives individual accredited investors the opportunity to invest in a wide variety of pre-settlement business disputes, such as contracts, fraud, international arbitration, intellectual property, whistleblower, and portfolio financing. Pre-settlement funding is different from post-settlement loans. Investors of pre-settlement funding can […]
ProudLiving Project Has Been Terminated My 2nd preferred equity investment on commercial real estate project has been terminated. It’s 36 days from the time of capital commitment to the return of subscription. The estimated opportunity loss was $3,330. Funding In September 2016, iFunding announced a $1.4 million, 2-year preferred equity investment in an apartment portfolio […]
Backstory I made a prior-year contribution to my traditional IRA in January, thinking that contribution would be tax deductible. Unfortunately that was not the case. An issue came up as the non-deductible IRA contribution was already fully invested in my LendingClub IRA account. I ended up having to liquidate notes to execute a backdoor Roth […]
