Hello Everyone! Welcome to my March update, where I will discuss my returns for February 2021.
- since inception (Nov 2020) my American share portfolio has returned 29.32% against the SPDR S&P 500 ETF which returned 11.59%
- my P2P and Crowdlending investment profile returned an average of 0.56%, bringing my total for crowdlending to a return of 0.90% for 2021.
My highest returns came from Crowdestor (77%) and Mintos (0.77%)
- my Solar panel system generated 84.274 kWh of energy this month (paid out in BTC), bringing my total energy production to 796 kWh. Total carbon saved – 823.56 kg
- my total investment portfolio decreased by 0.5% from last month.
The main items that happened throughout January include:
- Released a new article – Understanding Cryptocurrency and its Benefits
- New CoinbaseEarn token – NMR
- New calculators were added to help determine Swedish Standard Tax on the ISK account.
Overall Asset Allocation
Here I provide a “big picture” of my asset diversification. I also drill down into the differences within my crowdlending portfolio
This month I withdrew more money from Crowdestor, to reduce my exposure in the platform. As per my last update, I am in the process of reducing my P2P platforms from 7 down to 3. I plan on only having exposure to Mintos (for individual loans), Crowdestor (for business loans) and Reinvest24 (for fractional real estate loans).
Progress Towards Financial Freedom
The above graph is not net wealth, but instead my progress towards a set goal for my investment portfolio.
This month my account decreased slightly, but it was less than 1%, so nothing to worry about.
I’m still smashing my guideline (by over 5%), so hopefully I can reach my goal 4 years early. However, I do understand that markets are going crazy at the moment, and that value of my shares can easily drop 20%. I actually look forward to that day, as it means that I can deploy some of the cash that is stored up. I am in it for the long haul, so I’m not worried.
I have been on the financial freedom path for a while, however, I have not documented my progress until now. Instead of using actual values, I am using percentages (with the goal being 100%). I have an initial conservative plan of 20 years and have provided a guide as to my current progress. You can also see my longer-term graph (i.e. the next 20 years) back on my main returns page.
I seem to still be outperforming the SPDR S&P 500 ETF. Obviously this is early early days, however, my goal is to be able to match the fund, while also being able to generate passive income through dividends.
(Now, my portfolio is not solely based on dividend companies. I do have other growth stocks that don’t pay dividends, however these are in other currencies and exchanges, and not a part of this account shown here. )
If you are interested to see the breakdown of the investments, please see the chart below. Dividends received last month:
P2P and Crowdlending
Quick P2P News
Here is a quick one-liner on some interesting things that were happening around in the P2P space in January:
- Reinvest24 successfully funded their first project in Spain and have now released a second project – Montesano residential complex – 5 houses
- The Sun Exchange have held another community call on various topics such as risk mitigation on Nhimbe Fresh, and the Convertible Note opportunity
- Mintos updated their their account security and have updated their “conservative” investment strategy
- Grupeer has released two new blog articles (more on that below).
My Returns in Crowdlending this month
This month saw my P2P and Crowdlending profile return on average 0.56%, which is still smaller than the majority of loans from 2019 / 2020. As mentioned last month, the new year has brought a bit more clarity to my position on various P2P platforms. I will only be maintaining a few P2P platforms, specifically:
- Mintos – for investing in consumer loans.
- Crowdestor – for investing in business loans.
- Reinvest24 – for investing in Real Estate.
Unfortunately the other P2P platforms in my portfolio haven’t performed as well as I would have liked, and hence, I am slowly reallocating money into other platforms. The above platforms will and will join other alternate investment platfoforms such as The Sun Exchange (solar panel leasing) and AxiaFunder (litigation funding). For the time being (as many of my loans are still being paid back), I have kept Bondora, Grupeer, Plenti and Fast Invest in my results table.