lcinvestor 1.0.1

Lending Club Auto Investing Tool
=====================

A simple tool written in python that will watch your LendingClub account
and automatically invest cash as it becomes available.

Disclaimer
----------

I have tested this tool to the best of my ability but understand that it
may have bugs. Use at your own risk!

Why?
----

I built this tool to solve the common annoyance when investing money in
LendingClub and not all the loans get funded. It becomes a two steps
forward, one step back process of reinvesting the cash every few days
until it's all invested. For large sums of money this process can take
over a month to complete.

How it works
------------

When running it checks your account balances every 30 minutes, if the
available cash meets or exceeds a `threshold you set <#minimum-cash>`__,
it's all automatically invested in a portfolio with an average interest
rate within your `specified
boundaries <#minmax-percent-interest-rate>`__.

To put it simply, the tool does the same thing as if you were to: \* Log
into your account \* Click Invest \* Click More Options \* Select an
average interest rate portfolio you want with the slider \* Now click
Continue and to through the following two pages to invest in that
portfolio.

Flexibility
-----------

Through easy-to-use command prompts, you can set the minimum cash to
invest and the min/max *average* interest rate portfolio you want to
invest in.

Source
------

Find the latest version on github: https://github.com/jgillick/LendingClubAutoInvestor

Feel free to fork and contribute!

Requirements
------------

* python-daemon
* requests
* beautifulsoup4
* html5lib
* argparse

These can automatically be installed with `pip <http://www.pip-installer.org/en/latest/>`__:

::

sudo pip install python-daemon requests beautifulsoup4 html5lib argparse


Install
-------

The tool can be run directly from the bin directory *or* installed globally, by running:

::

sudo python ./setup.py install

Running
-------

Foreground
~~~~~~~~~~

To start the tool in the foreground:

::

$ lcinvestor

The script will run in a loop and print all the output to the screen
until you exit it with CTRL+C.

Background (daemon)
~~~~~~~~~~~~~~~~~~~

To run it as a background daemon

::

$ lcinvestor start

All output will be sent to ``/var/log/daemon.log``.

To stop the daemon run:

::

$ lcinvestor stop

Help and Usage
~~~~~~~~~~~~~~

To see the usage info

::

$ lcinvestor --help

Options
-------

When you run the tool, it will take you though a series of prompts to
define how to invest for you.

Email / Password
~~~~~~~~~~~~~~~~

This is the email and password you use to sign into LendingClub. Your
password will be kept in memory but never saved to file.

Minimum cash
~~~~~~~~~~~~

When the auto investor runs it will attempt to invest **ALL** available
cash in your account into a investment portfolio. However, you will
probably want it to wait until your account has a certain amount of cash
before investing. For example, $25 will only invest in a single note,
whereas $1000 could be invested across up to 40 notes.

Min/Max Percent interest rate
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

When the minimum available cash option is met, the auto investor will
query the LendingClub API and get a list of possible investment
portfolios available at that moment. To pick the appropriate one for
you, it needs to know what the minimum and maximum *AVERAGE* interest
rate value you will accept. The investment option closest to the maximum
value will be chosen and all your available cash will be invested in it.

This value relates to finding a investment portfolio using the slider on
the `Invest
page <https://www.lendingclub.com/portfolio/autoInvest.action>`__ on
LendingClub.com. It's not possible, at any given time, to define an
absolute interest rate value, so we need to know the range that you will
accept.

**Note** This does *NOT* filter out individual notes based on interest
rate.

Named portfolio
~~~~~~~~~~~~~~~

After the auto investor puts in an investment order, it can assign all
the new notes to a specific portfolio. This option lets you choose from
existing portfolios in your account or create a new one.

Advanced Filters
~~~~~~~~~~~~~~~~

**Experimental!** These are the filters from the `Invest
page <https://www.lendingclub.com/portfolio/autoInvest.action>`__ on
LendingClub that will let you filter out investments by term length,
loans you're already invested in and interest rate grades (A - G).

Final Review
~~~~~~~~~~~~

After all the options are set, you will be given a review screen to
verify those values. If you approve, type Y + Enter to start the
program. It will now check your account every 30 minutes to see if there
is enough available cash in your account to invest.

Help out
--------

Please help me by forking and committing enhancements!

License
--------
The MIT License (MIT)

Copyright (c) 2013 Jeremy Gillick

Permission is hereby granted, free of charge, to any person obtaining a copy
of this software and associated documentation files (the "Software"), to deal
in the Software without restriction, including without limitation the rights
to use, copy, modify, merge, publish, distribute, sublicense, and/or sell
copies of the Software, and to permit persons to whom the Software is
furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in
all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM,
OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN
THE SOFTWARE.