I didn’t make any significant changes to the portfolio in September. One change that is worth mentioning is the addition of a new crowdfunding platform, see more details below.
- paper assets (individual stocks, pension funds, ETFs) [€84 789 (+1 395)]
- real estate (7 rental apartments) [equity: €89 628 (+1 298)]
- crowdfunding, p2p [€85 336 (+856)]
- cryptocurrencies [€440 (-99)]
- cash (bank deposits, cash on bank accounts) [€22 370 (+1 594)]
Net worth: €282 563 (+5 045)
Cash Flow/Investments Income (September): €2 060 (+2)
The cash flow increase is not that exciting, but at least it didn’t drop below €2 000 target.
Overall, I am quite satisfied with the results, especially with a +5K equity growth comparing to the previous month. Most of it comes from cash increase, pension funds, and real estate monthly principal repayments.
I would like to increase my equities exposure by adding more ETFs, while decreasing the Crowdfunding/P2P position. In my opinion, it would make my portfolio less risky, but at the same time it would decrease the cash flow, which is, kind of, against my main goal 🙂
To start aggressively moving funds from cash flow producing Crowdfunding/P2P platform to the stock market an additional motivation is required. For me, this additional motivation is stock market correction. Meanwhile, I will continue passively (regular small amounts) investing in the stock market, while also increasing my position in Crowdfunding/P2P platforms.
There were no major changes in my stock portfolio, it’s current value: €58 171 (-942).
Such marginal decreases/increases are completely fine and usually happen due to ordinary market fluctuations.
However, while I’m writing this post the stock market continues to slide. In a last couple of days S&P 500 lost 3-4%. If it drops another 4-5% I would consider withdrawing some funds from Crowdfunding/P2P platforms in order to buy more ETFs. In case you want to know more about my experience with this strategy during the last market correction in December 2018, you can read it here.
Dividend income in September: $85.3 (-7.1)
My pension funds (2 & 3 pillars) account value: €26 618 (+2 338).
I switched to passively managed funds for both pillars just because I don’t want to pay commissions to “active managers” for messing with my money.
2nd pillar: Tuleva World Stocks Pension Fund
Total expense ratio: 0.46%
Asset allocation: 73% MSCI ACWI (EUR) and 27% Bloomberg Barclays Global Aggregate Index (EUR)
3rd pillar: LHV Pensionifond Indeks Pluss
Total expense ratio: 0.85%
I don’t have any special feelings for these pension funds. My criteria for a good fund:
- low expense ratio
- invests mostly in broad ETFs
I am working on adding Rental Property #8, hopefully, it would join the family in 1-2 months. I will share more info in upcoming posts.
Meanwhile, here is the performance of the existing 7 rental apartments:
|Rental Property #1||€34 500||€300|
|Rental Property #2||€25 136||€164|
|Rental Property #3||€4 473||€76|
|Rental Property #4||€3 611||€117|
|Rental Property #5||€4 754||€46|
|Rental Property #6||€16 954||€65|
|Rental Property #7||€200||€340|
The equity increased by €1298, 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: (1109/89628)*100% = 1.23% (14.84% annualized)
Cash Flow in September: €865
Monthly return: (865/85336)*100% = 1.01% (12.12% annualized)
The income from Crowdfunding/P2P looks very stable and ready to touch a €1000/month goal.
I heard that Estateguru is testing its Secondary Market feature. I was really looking forward to it. Being able to exit my investments early is a huge advantage for me.
If you subscribe to Estateguru using this link you will get a 0.5% bonus from all investments made during the first 3 months.
|Total Account Value||€8 030.85|
This one is self-descriptive and boring 🙂 As I already mentioned in my previous portfolio update, the returns are going down because I am trimming my position on this platform in favor of other platforms. I plan to still keep ~4K for diversification.
|Total Account Value||€5 183.05|
In September, I mostly invested in short-term loans and withdrew €282, since interest rates on Mintos are getting low again.
|Total Account Value||€8 744.59|
This month was definitely better than the previous one, as some late payments finally came in. Nevertheless, I’m still reducing my position on Crowdestate.
|Total Account Value||€9 951|
There were a lot of new and interesting projects on Crowdestor in September. I invested in a majority of them.
The spike in August is due to interest payment from Energy Production Plant project.
|Total Account Value||€11 234.41|
|Total Account Value||€14 142|
Robocash is super passive and stable as usual.
|Total Account Value||€3 143.57|
There are some changes that are coming soon to Grupeer. They announced that they plan to add loans without a buyback guarantee and a secondary market.
I’m not interested in loans without buyback, but I was definitely waiting for a secondary market as it increases the liquidity.
|Total Account Value||€4 892|
In September I withdrew €800 from Envestio and reinvested all other interest and principal payments.
If you subscribe to Envestio using my referral link you will get €5 “first deposit bonus” and 0.5% “timespan bonus” on all investments made during 270 days (9 months!).
|Total Account Value||€15 269|
It looks like, I completely ignored Bulkestate this month.
|Total Account Value||€2503|
In September I received my first interest payment from Kuetzal.
I plan to make a deposit this month to invest in this project:
|Total Account Value||€506.34|
I would like to add more funds to Reinvest24, but there are no new projects. Hope they will fix it soon.
|Total Account Value||€539|
I added this platform at the beginning of September. So far, I saw only business loans on Wisefund. It looks similar to Kuetzal, Envestio, Crowdestor and also provides similar high interest rates.
In total, I invested €1000 in the following 4 projects.
If you would like to get 0.5% cashback on each investment made during first 270 days then register using my referral link!
|Total Account Value||€1003.17|
Total portfolio value: €440.39 (-98.22)
Cash position: €7 007 (+1423) and $16 699 (+5).
I hope you enjoyed reading this post!
Feel free to add your comments/questions below. And don’t forget to subscribe! 😉