December 2014 - monthly update

Net annualized return: 12.09%
Lending Club average net annualized return: 8.85%

My charged-off rate: 2.89%
Lending Club default rate: 3.34%

My late rate, including defaults: 0.98%
Lending Club late rate: 1.33%

Note, another change to LendingClub's stats has made me change how I calculate my default and late rates. I now calculate it using the total number of dollars invested vs lost instead of the number of notes. This means much more accurate, and lower, numbers.