Become Your Own Bank

Banking just the basics, you would agree there is allot more to it than what I'm going to talk about. Banks are set up to hold money for security and growths of ones funds, however your money is not just sitting in the bank. The bank actually uses it and one method is to loan to individuals or business for what ever reason that the loan is needed. When the bank loans that money they expect to get it back with interest. I have always wanted to be a bank and have also make money in that way, only thing is it's really hard to do normally, but not anymore. You may have heard of Prosper you may not have either, Prosper is a place where people can borrow or lend money to each other, for credit consolidation, starting a business, purchase a car, remodel a house what you need the money for. The other half is lending money the lenders are basically the bank they are lending money to people who may need it for what ever reason, the lenders are hoping to earn money off their investment. The nice thing is you are able to borrow anywhere from $50 up to $25,000 and all you do is set up an account you can invest on your own or join a group and benefit from group sponsoring as either a borrower or lender or choice. If you do join you will become like a bank, I encourage you to join my group if you wish or start your own. One more thing take it slow and spread your investment out when you start take all the Prosper tutorials, and when you start bidding start at $50 dollars per bid spread out the money you intend to invest, because in all investments their is risk.