- crowdfunding, p2p, loans [€70 541 (-7 935)]
- cryptocurrencies [€1 375 (-1 535)]
- paper assets (individual stocks, bonds, pension funds, ETFs) [€91 548 (+1 660)]
- real estate (7 rental apartments) [equity: €93 398 (+748)]
- cash (bank deposits, cash on bank accounts) [€26 684 (+4 118)]
Net worth: €283 546 (-2 884)
Monthly Cash Flow/Investments Income: €1 754 (-60)
- Another red month, both in terms of net worth and cash flow
- Bought some stocks and sold some p2p to buy even more stocks (How Coronavirus (COVID-19) affects my portfolio)
Monthly cash flow: €700 (-67)
Monthly return: (700/70541)*100% = 0.99% (11.9% annualized)
This month I decided to take advantage of the stock market correction by moving some uninvested and highly liquid (Mintos, Twino, Swaper, Nexo) funds to the stock market. The investments/loans on all 4 platforms proved to be very liquid. Here is the table from my post on “How Coronavirus (COVID-19) affects my portfolio” that summarizes the amounts and time that it took to convert some loans into withdrawable cash:
|Platform||Amount||Time to sell|
|Mintos||€2 253||1-2 hours|
|Twino||€1 440||1-5 minutes|
|Swaper||€4 454||1-5 minutes|
I really like these platforms and don’t plan to exit them, moreover, I plan to add even more money to these p2p platforms in the future. The withdrawals were made exclusively to take advantage of the crashing stock market.
In my opinion, EstateGuru is one of the safest platforms out there as they have a proven track record of successfully recovered projects.
This month Estateguru announced that its financing first project in Germany:
In February I deposited additional €1 390 to EstateGuru.
If you would like to get a 0.5% bonus from all investments made during the first 3 months then feel free to register using my referral link!
|Total Account Value||€10 534|
This one is self-descriptive and boring 🙂 Overall, I’m happy with the passive income that TWINO provides. Nevertheless, I withdrew some funds to take advantage of the stock market correction.
|Total Account Value||€2 422|
In February, I first deposited €1 000 and then withdrew €2 253 when the stock market started to tank. I don’t plan to exit Mintos, moreover, I’ll definitely add more funds to this platform as soon as the storm on the stock market will calm.
Meanwhile, the interest rates are still moving up on Mintos and already reaching 17%, also Monego loans are slowly paid back as they reach 60+ days overdue.
If you want to try Mintos, feel free to use my referral link. This way we both will get bonuses.
|Total Account Value||€5 171|
My income from Crowdestate went up a bit in February. However, I’m not satisfied with the number of problematic projects on this platform. It would be interesting to see how they solve these issues. Nevertheless, in February I invested in 2 low-risk Estonian real estate projects.
|Total Account Value||€10 234|
Crowdestor is a platform that so far made all the payments to investors on time. I hope these payments that we see in our accounts correlate 100% with what borrowers actually pay/transfer to Crowdestor.
However, for now, I’m decreasing my position in Crowdestor by withdrawing the interest and principal that I receive. My stake in this platform is just too high.
|Total Account Value||€12 103|
In February I’ve withdrawn €5 608 from my Swaper account. There is nothing wrong with this platform and I don’t plan to exit, it was done purely to take advantage of the stock market correction and be prepared to buy stocks with discounts. Swaper offers quite a passive investment experience and a loyalty bonus (+2%) for those who invest more than 5K.
|Total Account Value||€6 162|
Robocash investments are super passive and stable as usual.
|Total Account Value||€3 306|
Grupeer is one of my favorite platforms. They have a good level of transparency and maintain quite high interest rates.
Grupeer introduced “Portfolio Statistics” feature this month – it’s quite useful I would say.
|Total Account Value||€7 061|
I really like Bulkestate as most of their projects have real estate as collateral and they provide pretty high returns.
There were 5 new projects on Bulkestate including one from Finland. I invested in all of them.
|Total Account Value||€3 154|
Great platform, but not enough projects. I will add more funds to Reinvest24 as soon as they add a new project.
|Total Account Value||€1 048|
I added Wisefund at the beginning of September. It looks similar to Envestio and Kuetzal and also provides similar high interest rates. This is one of the reasons why I decided to pause my investments into this platform. I’m also withdrawing all interests/principal that I receive. I wouldn’t suggest investing in this platform at this moment.
Btw, it looks like the CEO of Wisefund, Ingus Linkevics, is now the owner of the platform.
There are even more news related to this platform: now it has a secondary market.
|Total Account Value||€1 495|
Total portfolio value: €1 375 (-1 535)
Unfortunately, Nexo informed that it has temporarily suspended the provision of its services both on the territory of the Republic of Estonia and to Estonian citizens. I really liked this platform and hope Nexo will be re-enabled for users from Estonia soon. It gives 8% interest rates on cash deposits, which are backed by crypto assets.
A bit more details on this feature from Nexo site:
I still keep Nexo tokens and plan to add more.
The value of my Nexo tokens increased from $232.74 to $266.
My current stocks/etfs/bonds portfolio value: €61 948 (+2953).
In this period I invested €6 310 to the stock market. Nevertheless, as you can see, the value of my portfolio increased only by €2 953, that is it’s actually decreased by (2953 – 6310) = – €3 357. This is mostly due to worries related to coronavirus. For example, BMW closed one of their biggest factory in China and this of course was heavily reflected in the share price. I will buy more stocks if market falls further. For more details, see my post:
How Coronavirus (COVID-19) affects my portfolio.
Dividend income in February: $0 (0)
My pension funds (2 & 3 pillars) account value: €29 600 (-1 293).
2nd pillar: Tuleva World Stocks Pension Fund
3rd pillar: Tuleva III Pillar Pension Fund
In one of my previous portfolio update I emphasized that when choosing a pension fund I’m looking for 2 things:
- low expense ratio
- invests mostly in broad ETFs
Here is the performance of my 7 rental apartments:
|Rental Property #1||€34 500||€300|
|Rental Property #2||€25 711||€174|
|Rental Property #3||€5 311||€76|
|Rental Property #4||€4 058||€106|
|Rental Property #5||€5 396||€64|
|Rental Property #6||€17 306||€148|
|Rental Property #7||€1 116||€155|
|Total||€93 398||€1 023|
The equity increased by €748, this is all through monthly principal repayments. I am not taking into account any appreciation/depreciation in my real estate portfolio since it’s something that is very hard to measure.
Monthly return: (1023/93398)*100% = 1.10% (13.14% annualized)
Monthly income: €30.13
Cash position: €20 378 (+7 086) and $7 011 (-3 168).
Thanks for reading! As always feel free to leave your comments/questions/suggestions below and don’t forget to subscribe! 😉