Dear fellow investors, friends, family and future self.
This update comes out later than usual because I prioritized helping my brother doing garden work around an investment property he bought recently.
The property has 3000 m2 of land and it needs a lot of work. The outside area has not been maintained for years. It was filled with weeds well above waist level when he bought it. Plants, trees and bushes were fighting each other to reach the sun light.
We’re already progressing nicely. I think he’ll be able to flip the house within a year or two and make a respectable amount of money from the renovation.
It’s lovely to be in Denmark when the weather is warm and sunny. Especially with close family nearby.
Next month we’ll be moving back to Portugal. Flight tickets have been booked and we already secured a 12 month lease contract on a house. While it’ll be sad to part with those close to us, I look very much forward to seeing our friends in Portugal again.
I hope everything will work out for us even though we haven’t reached financial independence by most frequently used measurements. Combined assets worth just shy of 500k EUR is really not much for a family of 5. But we LOVE our freedom to be able to live our lives as we want. Maybe I’ll start a business dealing with real estate in Portugal, that would be fun.
The future is unknow but I’m sure the universe has something exciting in store for us. I look forward to journey and living the adventure with my girls.
Here’s the overview of my finances from last month:
Net worth: June 2021
| Crowdlending | Income | Invested | Value |
| Bondora* | -126.22€ | 6 385€ | 4 594€ |
| Bulkestate* | 2.52€ | – 2 567€ | 223€ |
| Crowdestate* | 1.42€ | 4 851€ | 5 868€ |
| Crowdestor* | 167.83€ | 67 067€ | 83 671€ |
| Mintos* | 58.02€ | 1 496€ | 10 402€ |
| PeerBerry* | 89.71€ | 6 000€ | 7 708€ |
| ReInvest24* | 6.14€ | 1 000€ | 1 188€ |
| Swaper* | 43.01€ | – 5 886€ | 75€ |
| Viventor* | 0.34€ | 4 083€ | 3 275€ |
| 242.77€ | 78 254€ | 117 007€ | |
| Real Estate | Income | Invested | Value |
| Property #1 | 710€ | 18 080€ | 46 505€ |
| Property #2 | 1 167€ | 61 200€ | 68 487€ |
| Property #3 | 464€ | 54 793€ | 49 693€ |
| 2 341€ | 134 073€ | 164 686€ | |
| Stocks (DEGIRO*) | 84 961€ | 171 755€ | |
| Crypto | 10 650€ | 21 054€ | |
| Cash | 12 708€ | ||
| Total | 2 583.77€ | 307 938€ | 487 213€ |
Comparing to last month
My Net Worth rose 20 036€ compared to last month. This was primarily due to rising stock prices. I’m getting closer to 500k, will I be able to reach before the year is over?
Crowdlending
Not much interesting to report here. Envestio and Kuetzal investors who reported their losses to the bankruptcy trustee received an email a couple of days ago, where they could see their claim which has been validated in court. Now the big question is what the value of the seized assets is and how much of the claims it will cover.
Real Estate
Not much new in the Real Estate portfolio. All units are rented out.
Stocks
You can track my stock portfolio here.
Follow me on Twitter to get live updates when I make a trade!
Here’s an example of one of my latest trades:
I sold my Regeneron Pharmaceuticals (REGN) position at $576. I bought it at $460.50 on 22.02.2021 giving me a 25.08% return in 134 days.
The latest run has been epic and I think we’ll see a small pullback towards the $520 – $540 level before it continues higher. pic.twitter.com/sBDBQXnroI
— FinanciallyFree.eu (@FinanciallyFr33) July 6, 2021
I buy my stocks and trade on DEGIRO*, which I consider the best and cheapest no-bullshit broker in Europe. If you use this link* to sign up we will both receive a 20€ in transaction reimbursement (fee deduction).
Crypto
While most other crypto currencies struggle, HEX is marching on. I’ve been waiting for HEX to dip so I could double my position but it has not wanted to come down to the 0.06$ level I was hoping for.
Earning trustless interest every day on my 10 year HEX stake is quite amazing. My stake is generating ~230 HEX per day. At the current price of 0.085$ per HEX that is equivalent to 19.55$ per day.
If you own HEX (or plan to) you should definitely check out the Staker app. It has a lot of cool features, is free to use and it’s ad free! You can get a new HEX wallet directly in the app or connect your existing MetaMask wallet.
I’ll invest 10-20k EUR into PulseChain (which is a fork of Ethereum) during the sacrifice phase which is expected to happen this month.
You can see my crypto portfolio here.
Free EUR bank account with no fees
I use N26 to transfer to and from my investments. It even comes with a free debit MasterCard. N26 is by far my favorite banking provider!
That’s it for this month!
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