We are gonna lose some friends today

We are gonna lose some friends today, originally uploaded by Glenn images.

Still cant believe it will be ten years

Flickr stream

http://www.flickr.com/photos/shamrock_enterprises/

Amazon

Shop Amazon.com

Mountain Road

Cannot believe what beautiful country there is out here. The mountains are incredible. Wish my family could be here to see this. The picture oppourtunities are everywhere as well.

SMUGMUG Image sharing site, Sell your images

Ft Hunter Liggett US ARMY

Eng 312 at 23 and 8 av for manhole explosions

FDNY - Fire Department Medals September 11th World Trade Center - 9/11 WTC FDNY Survivor/Rescuer Medal

FDNY - Fire Department Medals September 11th World Trade Center - 9/11 WTC FDNY Survivor/Rescuer Medal, originally uploaded by Taurus Photographix.

Photo of the FDNY 9/11 medals. The one without stars is not in the photo

FDNY - Fire Department Medals September 11th World Trade Center - 9/11 WTC FDNY Survivor/Rescuer Medal

FDNY - Fire Department Medals September 11th World Trade Center - 9/11 WTC FDNY Survivor/Rescuer Medal, originally uploaded by Taurus Photographix.

Photo of the FDNY 9/11 medals. The one without stars is not in the photo

shift focus

Gonna keep an eye on the financials but i am shifting to bloggin about my photography

Izzy speaks to the press

Izzy speaks to the press, originally uploaded by Glenn images.

On the steps of City Hall.

Flickr

This is a test post from , a fancy photo sharing thing.

Change of direction for this blog

Prosper looks like it is out of sight for the foreseeable future, so in these hard times we are changing. We now are looking for any posts or contributions that steer users to keep and grow their money.

Any sales pitches will be removed.

Prosper Filing Registration Statement; Enters Quiet Period

Prosper has started a process to register, with the appropriate securities authorities, promissory notes that may be offered and sold to lenders through our site in the future. 

Until we complete the registration process, we will not accept new lender registrations or allow new commitments from existing lenders. If you're an existing lender, your current lender agreements will be unaffected; your existing loans will continue to be serviced; you'll be able to track and monitor your loans; and you'll be able to withdraw funds from your Prosper account. 

If you're a borrower with an existing loan, you will continue with your current borrower agreement and be unaffected by the registration process. If you're a borrower seeking a loan, you will still be able to create a new loan listing, which we will endeavor to fulfill through alternative sources. As the appropriate securities authorities may consider a new loan listing to constitute the offer of a security, we are unable to post new loan listings on our site until our registration statement becomes effective. 

A successful registration can take several months, but we assure you we will do our best to move forward as quickly as possible. Until this process is complete, we're required to be in a quiet period and will be unable to respond to press, blogger or other inquiries about Prosper or the registration filing until it becomes effective. 

We apologize for any inconvenience this may cause, and want to thank you in advance for your understanding and support.

The Street.com

This week I'm giving my $1,000 to a complete stranger on the Internet.

No, I'm not answering one of the few dozen Nigerian money transfer pleas I receive each week in my Spam inbox. Instead, I'm heading to a peer-to-peer (or "P2P") lending Website -- like Prosper (prosper.com), Lending Club (lendingclub.com) or Zopa (zopa.com) -- where I understand folks can earn much more on their investments than the current average of three percent that banks are offering on various savings vehicles, such as CDs and savings accounts.

P2P finance connects individual borrowers -- of variouscredit standings -- seeking everyday loans, without the pricey interest rates at traditional banks with borrowers looking to get more bang for their investible buck.

Emerging Opportunities

As the credit market continues to tighten and theInternet becomes more of an accepted platform for financial transactions, the P2P lending industry is expected to flourish over the next few years. Research firm Celent expects the overall P2P market to gallop 800% from now through 2010, reaching $5.8 billion in peer-to-peer loans.

Take established San Francisco-based Prosper.com, the country's biggest P2P lending site, which recorded $28.9 million in funded loans year-to-date (YTD). That's up slightly from $28.3 million YTD 2007. The number of loans is also higher, growing from 4,145 YTD 2007 to 4,379 YTD 2008. "With the Fed lowering rates it is now pretty straightforward [to use P2P lending]. With portfolio planning you can expect a five to 10 percent return ," says Chris Larsen, the CEO and founder of Prosper.

FDIC Coverage for account funds from WELLS FARGO Bank

It’s not surprising that lenders have recently been calling and emailing us to find out if their Prosper cash balances are FDIC insured. We want to take this opportunity to let our lenders know that their cash balances are, in fact, FDIC insured.  Prosper is not a bank, does not take deposits, and is not FDIC insured. But the funds that Prosper lenders place with Prosper to make bids on borrower listings are maintained at Wells Fargo Bank, which is FDIC insured, and those funds get pass-through FDIC coverage up to $100,000 (note that this amount may increase to $250,000 after the passage of recent legislation).

So during these challenging economic times, you can be comfortable knowing that the funds you place with Prosper have this protection.

(CBS) At a time when credit is hard to come by, more Americans are turning to a new source for money: each other. It's called person-to-person lending, and it's expected to rise 800 percent in the next couple of years. 

Justin Brown didn't think he was being extravagant when he borrowed $4,700 to buy his motorcycle. But he already owed $5,000 on his credit card and the interest was crushing, CBS News correspondent John Blackstone reports. 

He was paying 31 percent on his credit card. And now he's paying … 

"Ten percent," Brown said. 

That's not bad in these times of tighter credit. He found a place filled with lenders ready to give money at a good rate. 

"I'm not giving them money, I'm loaning them money," said lender Alex Clemens. 

But the lenders aren't bankers; they're just folks like Clemens. 

"This is a simple way for Americans to figure out, 'hey, I need a couple bucks and I'd rather pay a human being the interest'," Clemens said. 

Those with some money like Clemens, and those who need some like Brown, are now able to get together on Web sites like LendingClub.com andProsper.com. 

Since CBS News first reported on Prosper.com a year ago the credit crisis has made person-to-person lending take off, nearly tripling Prosper's customers to 630,000. 

"The people that really used to have options everywhere," said Chris Larsen, Prosper.com's CEO. "They could get a home-equity loan, they could get zero percent on their credit cards. And that's really changed." 

Those options are off the table. So we're seeing those people turn to other Americans. 

Other Americans who see person-to-person lending as a haven away from the chaos created by the experts on Wall Street. 

"It's certainly more interesting than playing the stock market," said Clemens. "And slightly less heart-wrenching as the Dow goes up and the Dow goes down and the NASDAQ goes sideways." 

And while big financial institutions have been losing billions, even going under, Clemens says so far his person to person loans have been paying off nicely. 

"This is a democratization of the finance market," Clemens said. 

What appeals to lenders and borrowers both is cutting out the big banks. You're essentially cutting out the middle man. 

"Yeah, exactly," Brown said. "And I think that's why you can get better rates. You know, there's less red tape, less bureaucracy." 

Beating the financial giants at their own game. Now that's…priceless. 

Started a new business. I am using Smugmug to showcase my Photo business. You can get a free trial by going to www.smugmug.com and entering This coupon code ElgORyZtj6h12

The good and the bad

The good news is I saw my total had dropped, I thought it was bad , but then i saw that 8 people had paid off their loans and I had recieved the money.

The bad news is I have to start new loans in order to get the interest to keep coming in.

I also am sad to say i have 5 borrowers that are 4 months late.

I am happy though in that it does not put me in the red.

My yield had been 18%, but with the 5 loans, if they default. I will be at 16.7% according to my account stats.

I am not getting rich quick, but i am making much more money than the bank could ever give.

Overall I am happy and it has motivated me to open 2 new web businesses.
I will publish those shortly.

Keep making good financial sense.

Prosper

Prosper Marketplace
From Wikipedia, the free encyclopedia
(Redirected from Prosper.com)
Jump to: navigation, search
Prosper Marketplace, Inc.
Type
Private
Founded
California, USA
Headquarters
San Francisco, USA
Key people
Chris Larsen, John Witchel
Industry
Credit (finance)
Products
Personal loan marketplace
Website
www.prosper.com
Prosper Marketplace, Inc. is a San Francisco, California-based company that operates Prosper.com, an online auction website where individuals can buy loans and request to borrow money. Borrowers set the maximum interest rate they wish to pay[1], and loan buyers, called "lenders," bid on specific loans by committing a portion of the principal and setting the minimum interest rate they wish to receive on a particular loan[2]. Prosper manages the reverse dutch auction, assembling bids with the lowest interest rates in order to fund the loan.
Prosper verifies selected borrowers' identity and personal data before funding loans[3] and manages loan repayment. These unsecured loans are fully amortized over three years, with no pre-payment penalty. Prosper generates revenue by collecting a one-time fee on funded loans from borrowers, and assessing an annual loan servicing fee to loan buyers. The idea for the service is derived from group banking concepts, such as rotating savings and credit associations. Other motivating ideas derive from the concept of microlending.
Prosper publishes performance statistics on the website; these are available to the public at large.[4] All transactions are in US dollars; lenders and borrowers must be US residents.
Prosper opened to the public on February 5, 2006. Prosper was founded by Chris Larsen, who also founded E-loan, and John Witchel and is backed by Accel Partners, Benchmark Capital, Fidelity Ventures, Omidyar Network, DAG Ventures and Meritech Capital Partners.
In April 2008, Prosper aligned with the Utah-charted Web Bank. Previously, Prosper operated under individual lending licenses issued by various states, and was subject to each state's maximum interest rate laws. By afiliating with Web Bank, Prosper borrowers nationwide (except in Texas and South Dakota) can offer a maximum interest rate of 36%, which lenders can then bid down.

I now have an Images website

9/11 takes another,...Goodbye My Friend

* A.J. Heightman, MPA, EMT-P, Editor-in-Chief, JEMS When Lisa Dionne and I travelled to New York soon after 9/11, we weren't sure who we would meet and what first-hand accounts we would be able to obtain. By a strange turn of events, we ended up in the garage at Division 4 early one morning, amid a host of early responders to the twin towers on that awful day in September of 2001. As we sat around a picnic table and EMTs and paramedics began to tell us about their involvement at the World Trade Center, one person stood out, not just because of his unique personality and rapid-fire speech, but because of his clear concern for what he continually referred to as "his guys". It was Lt. Rene Davila. Rene was one of the first EMS managers to arrive on scene at World Trade 1 and attempting to bring order out of chaos. His strong personality, his distinct voice -- and his passion for his personnel and his mission allowed Rene to grab hold of the monster that loomed over and around them that tragic day, assigning his troops like a field general in the heat of battle. Declaring a "Condition 4" and updating Citywide communications, requesting multiple MERVs and assigning personnel to staging, triage and transportation, and asking Eric Ramos to stay with him in case he lost his voice, Rene had firm grasp on his small potion of the massive incident. Then, suddenly, without warning, Rene spotted a large airliner out of his peripheral vision. Just as suddenly, Rene watched the plane disappeared inside World Trade 2. The fireball and bodies that flew out the other side, along with the carnage he witnessed later as the twin towers literally disintegrated on and around Rene and his comrades, would change Rene forever. Rene was never the same after Sept. 11, 2001. His wild personality grew wilder, and his mood swings began to twist and turn like a kite caught in a hurricane. As Rene's physical and emotional health deteriorated, his friends and colleagues did as much as they could to help him conquer the demons of 9/11. But in the end, the collapse of the towers and the horrible sights and sounds of that day defeated Rene and contributed greatly to his death. In the end, it was his colleagues who found him in his final repose, at peace at last. Sleep well Lt. Davila. Our friendship was short but the memories you left me will live forever. I love you and will miss you. * * A.J. Heightman Editor-in-chief of JEMS A.J. Heightman is a former EMS director and EMS operations director who has researched and specialized in MCI management training for 30 years. Contact him via e-mail at a.j.heightman@elsevier.com.

I found this on the JEMS website.

Money Magazine

Found the Money Magazine that showed what P2P lending was. It was the December 2006 issue. It took me 2 months of careful and skeptical fear to finally start funding loans. It made me 8.00 dollars the first month. It is now making over 150.00 a month in principal and interest. I am looking for ways to find more money to put into this.
I have figured out that I make about 18.00 a month for every ten loans I have lent at 50.00 dollars a piece.
Ten loans = 50.00 X 10 = 500.00
PnI = 1.80 X 10 = 18.00

100 loans X 1.80 =180.00
1000 = 1800
10000 = 18000 all per month. At that stage I would just live on half and let the rest build.

Happy St Pats

Here is that link again

Happy New Year

Had an 18% year overall. This beats the DOW, NASDAQ and the S&P 500. Not too bad and It keeps going. You can get in for 50.00. This gets you a 25.00 bonus for funding your first loan at 50.00. You can choose a safe loan with a high credit rating and know that you are almost cretain to get,...your 25.00 bonus, your 50.00 dollars back over the term of a 36 month loan. and the interest income from the loan itself. This is between 9.00 and 22.00 depending on the interest rate charged to the borrower.

Oops the link is here

http://www.youtube.com/watch?v=zWfTusz1ayw

Old NYC*EMS RAP video

Merry Christmas

Wishing a very Merry Christmas to one and all. Keep making money into the New Year.

Update

Over the 500 dollar mark. The costs to me has been 8 dollars. All on a 1950.oo dollar investment. I have had a few bumps,...a few payers have been late. The good news is that when they paid I got a portion of the late fee (pro rated to my % of the total loan of course).

Now I know why the Credit card companies love it when you pay late.

Click on the button to find out more. Costs you nothing but a few minutes of your time.

Checked my account. I have passed the 350.00 mark. for only 1950.00 invested over the course of 9-10 months, not too shabby. Wish I had tons of dough cause I would simply live off the earnings. But it is working. Not getting rich quick, but working at a decent pace for sure.

http://www.prosper.com/join/gityerloan

update

I am up to 330.00 dollars earned from lending money online.

Tunnel to the towers run 5K

What a great day. Thousands of runners, FDNY, Military, and the public all running for a good cause

britney loses custody

Saw on the today show that britney will lose custody of her two kids. Real sad story about someone who was given the world ans wasted it.
See the news feed from AP and reuters in the links on the lower right side of the page

sept 28 2007

Added some new stuff to my website. An rss feed and some more advertising. I have seen Britney Spears on my embed video site as well. Pretty neat stuff and I am learning more every day

Adsense Google ads and Newsroom feed

I have added the ads and the video on the right side of the page. It doesnt make much money but it also grows over time. I will wait and see. when I figure out how well it does I will post it here

Money is growing

I made 8 dollars my first month in Febyrary 2007. I am making 72 dollars a month now and it just keeps going exponentially. I can see that this will be a great way to become financially secure, as long as I stay the course and keep funding more peoples loans.

need cash? need a loan? need to consolidate?

Borrow money and get reasonable rates on a bank loan that is funded by people just like you.


Just click on the button below

My new Blog

Welcome all. I want to help everyone discover a new way to earn money. I want you to

I am expanding this incredible way to make money, lending and/or borrowing money online. There is no costs to go to the site and if you join you can make 25 dollars once you have funded a minimum of a 50.00 dollar loan to a borrower.