Lending club: To meme, or not to meme? They talk about paying

At 5% to 7% it seems like Vanguard Index funds would be a safer option.

>>1681596
Index funds are correlated with the market though.
If it's a reliable and safe place to grow money I could see it being an alright option for diversification. I don't know how big the risks are.

>>1681596
>>1681601
Right. I already have money in index funds and etfs but I sort of want some money not tied to what appears to be a precariously high US equities market.

>>1681601
Your is correlated to the market aswell as default rates rise when the economy gets worse

>>1681611
That's true, but I expect you'll still see positive gains even in a bear market, whereas an index fund will lose money.
Indexes are still clearly superior, but I don't think there's anything wrong with allocating a little to something like this, assuming they have safeguards in place so you don't just lose everything if there's a few deadbeats.