Prosper vs. Kiva

Prosper Vs. Kiva

Prosper is a peer to peer lending site. It has been coined the Ebay for loans. My issues with Prosper is how many Americans default on loans. I thought I would be getting an ROI of 11%, but it is closer to 1%. This causes me to think that my money is better in Kiva.org, where you lend to micro-finance operations around the world and give small loans to people who really need it. Even though I make no interst on the loans I have with Kiva, I have never had a default, and yet feel much better about lending to these people in real difficult situations, over those on Prosper who bought a McMansion and can't afford to pay their bills.

http://www.lendingstats.com/lenders/skitramp

My next car!

If my last post was too dreamy, here is one that may be more practical for you. This car should be here by 2010, and I will be in line to purchase it.

http://www.think.no/think/content/view/full/261

Enjoy

Dreams come true

The future of air travel

http://www.iconaircraft.com/index.html

With the new FAA sport flying regulations, this type of aircraft will quickly enter the market and come down in price. In my opinion, this will change the way America lives, literaly. Americans can now have homes hours from metro centers where the take off from lakes or private strips and commute to work. You save $200,000 by living far from metro areas on your home, and put $100,000 into aircraft, and you have yourself a deal. Sign me up (when I get the cash)!