In 2007 I started investing with Prosper.com.  Prosper is a peer to peer lending website.  I thought I was investing cautiously, only choosing to loan to people with good or very good credit (A & AA).  Boy was I wrong. I learned some valuable lessons about  risk and predicting the future. With Prosper, like all [...]

What is a Hedge Fund?

March 17, 2008 | 1 Comment

Hedge funds are getting a lot of press these days. It seems that hedge funds are in the news every day and not for good reasons. In the current financial downturn, hedge funds are collapsing left and right. If you’re like a good portion of the general public you have no idea what a hedge [...]