Disclosure: All links to products and services mentioned on FinanciallyFree.eu are affiliate links. If you go through them to sign up for a service I will earn a commission. Sometimes you will receive a bonus too.
Hello fellow Financial Freedom and Wealth seekers!
Another busy month has passed and it’s time to present the monthly portfolio update.
I don’t feel like writing a lot of information about each platform this month, so this update will be rather brief.
Instead, I will focus my efforts on writing a review of Kuetzal, which I visited from May 1-3. Initially I was a bit skeptic about the platform but the CEO Alberts Cevers impressed me despite his young age. The review will be posted within a week.
Note: You can use the promo code FINANCIALLYFREE from 06.05.2019 to get a 15€ gift for your first deposit.
I also had a chance to meet Grupeer in their new office so you can look forward to a short post about that as well.
Lars from https://passives-einkommen-mit-p2p.de also happened to be in Riga. He quickly arranged a spontaneous P2P meet-up with several platforms. We had a great evening! If you speak German you should definitely check out his blog, he’s doing some great things for the p2p community.
Monthly Income Statement: April 2019
| Crowdlending | Income | XIRR | Invested | Value |
| Bondora | -416,42€ | ??? | 14.100€ | 22.299€ |
| Crowdestate | 63,57€ | 7,36% | 7.000€ | 7.774€ |
| Crowdestor | 240,37€ | 16,96% | 20.000€ | 21.363€ |
| Envestio | 440,38€ | 22,14% | 23.400€ | 26.537€ |
| FastInvest | 55,55€ | 16,25% | 4.100€ | 4.779€ |
| Grupeer | 137,89€ | 15,61% | 10.000€ | 11.473€ |
| Mintos | 131,15€ | 15,17% | 8.000€ | 9.890€ |
| Robocash | 107,52€ | 11,63% | 6.000€ | 6.994€ |
| Swaper | 111,67€ | 16,26% | 9.000€ | 11.132€ |
| Twino | 30,09€ | 16,18% | 1.300€ | 2.820€ |
| 901,77€ | 102.900€ | 125.064€ | ||
| Real Estate | Income | XIRR | Invested | Value |
| First property | 672€ | 63,47% | 18.080€ | 29.787€ |
| Total | 1.573,77€ | 120.673€ | 154.852€ |
That means I’m 52,46% Financially Free (up 7,78% from last month).
Portfolio performance: Historical view
“Income from investments” was 1.573,77€.
“Income from Crowdlending” was 901,77€.
(233,40€ more than last month).
“Crowdlending (except Bondora)” reached 1.318,19€.
(340,54€ more than last month.)
Bondora
Bondora “returned” -416,42€
I look forward to the day where I can exit this platform entirely.
To any new readers, I do not recommend investing with Bondora unless you plan to use the “Go & Grow” product only. The Go & Grow product is alright if you’re satisfied with a 6,75% interest rate and instant liquidity.
See more info and screenshot from my Bondora account
Bulkestate
I haven’t invested in Bulkestate yet, as I’m waiting for the 17% project I was informed about. It has been delayed for a couple of weeks and it’s now scheduled for release around May 10th. This date is not official though, so please don’t tell anyone 🙂
I will transfer my 10.000€ to invest in that project the second I see it on the platform.
If you sign up through my site you’ll get 5€ signup bonus and 1% Cash Back on all your investments made until 31st of May 2019.
If you choose to invest 10.000€ in a single project (like me) you’ll get an additional 1% cash back. That’s a pretty good deal if you ask me.
Crowdestate
Crowdestate returned 63,57€
See more info and screenshot from my Crowdestate account
Crowdestor
Crowdestor returned 240,37€
With 21.000€ invested I expect this to climb to ~300€ within a few months.
See more info and screenshot from my Crowdestor account
Envestio
Envestio returned 440,38€
I was expecting Envestio to set a new earnings record in April and – low and behold – it did.
If you sign up and invest through my referral link, you will get a 5€ bonus when you deposit at least 100€. In addition, you will also get a 0,5% cash back on all your investments the first 270 days.
See more info and screenshot from my Envestio account
FastInvest
FastInvest returned 55,55€
See more info and screenshot from my FastInvest account
Grupeer
Grupeer returned 137,89€
See more info and screenshot from my Grupeer account
Mintos
Mintos returned 131,15€
Finally, Mintos made up for the past few months of declining returns. I’m really not sure what caused the drop but it’s good to be back on track.
With 9.890€ invested I should receive close to 100€ per month.
See more info and screenshot from my Mintos account
Robocash
Robocash returned 107,52€
The first big 1 year “installment” loan was paid back on Robocash. It caused a big spike in earnings. I expect more of these over the next 6 months.
Robocash released a Loyalty Program. I think I’ll up my investment to 10.000€ to get the extra 1% interest from September to November.
See more info and screenshot from my Robocash account
Swaper
Swaper returned 111,67€
See more info and screenshot from my Swaper account
Twino
Twino returned 30,09€
See more info and screenshot from my Twino account
Real Estate
First property returned 672€
Lots of things are happening in the Real Estate business:
- The renovation of the apartment on the 1st floor is finished.
- The new tenant moved in.
- I’m ready to buy property no. 2, the mortgage was approved.
Kitchen renovation
Before:
After:
The new kitchen cabinet doors above and below the oven were mounted yesterday.
See more info about my First property
Second property
I’m buying this property on May 15th or June 1st at latest, depending on how quickly the paperwork can be done.
I agreed with the seller on the price ~218.000€. The bank was willing to offer a 161.000€ mortgage (73,8%) so I’ll need to pay 57.000€ for the down payment and ~5.500 for various expenses. I had hoped for 80% mortgage but 73,8% is also fine.
The second property will return 2.350€ per month before expenses.
Savings rate
My savings rate for April was 52,19% (+0,83% compared to last month).
See more info about my Savings rate
Blog statistics
Visitor numbers dropped a bit from last month.
Visitors: 9.869 (-12,72% compared to last month)
Page views: 37.886 (-23,27% compared to last month)
1.474 Subscribers (758 WordPress, 716 Sumo) (+103 compared to last month)
626 Facebook likes (+36 compared to last month)
FinanciallyFree is hosted on SiteGround for the incredible low price of 3,95€ per month. I honestly couldn’t imagine a better host for a WordPress site!
P2P conference in Riga
Are you attending the biggest P2P Conference in LATVIA, RIGA ON JUNE 7-8, 2019?
70% of the tickets are already sold! If you’re planning to attend you should buy your tickets now while you still can.
Use Promo code P2PEARLYBIRD40 for a 40% discount!
You’ll be able to meet representatives from the platforms, other investors, bloggers and more!
18 speakers will give in-depth insights into the latest product, technical and regulatory developments in the P2P and crowdfunding industry. There will be plenty of learning, inspiration, and networking for everyone.
Unfortunately, it’s too close to delivery date of our third child, so I won’t be able to attend this year. Hopefully next year!
What to expect from me in May
- I will post my Kuetzal review next week.
- I will post a few pictures and a short summary of my visit at Grupeer’s new office within 2 weeks.
- The second property will be bought. As soon as I have the numbers ready, it will be added to the Investments list.
Sharing is caring
If you enjoyed this post, maybe your friends will like it too? Please consider hitting the like button below and/or share it with your friends.
Comments are closed.