Summary of returns May 2019

The summer is here and I can see fresh leaves gathering rays of sun. Let us see what the weather will bring but now I am on to making a summary of returns for May.

After several hours of compiling, below you can see the result.

Platform Deposited EUR Portfolio total value EUR Interest income EUR Affiliate commissions & bonuses XIRR
Twino 1000 1066.53 9.08 9.68%
Envestio 2567.3 2741.45 36.92 358.31 17.38%
Crowdestate 1130 1161.32 4.44 19 4.32%
Fast Invest 1000 1098.12 12.14 80 14.44%
Mintos 1100.35 1181.12 11.22 58.83 10.48%
PeerBerry 8.5
EstateGuru 15
Bulkestate 3
Total 6797.65 7248.54 73.8 542.64
Total Income 616.44
Expenses
Google Ads -82.27
Total Expenses -82.27
Net Income 534.17

Thank you all who pitched in with their reading time and some of you who recently joined through one of the affiliate links. It means a lot.

This month is special because of record breaking income from platform investments, i.e., 73.80 EUR (28% higher than the last month).

Status updates

Ads

Starting from late April I begun to try out Google Ads. Overall this could pay back in a longer run, but for now it is stated as the first expense.

Twino

It is the first time I see a campaign announced for Twino. If you are using this platform, you can get an extra 1% on loans issued by any Latvian loan originator. Here are links to the campaign itself and its terms and conditions (to see this you need to be logged in).

Twino cashback campaign

I do not think I qualify because my auto-invest has not picked up any of the campaign loans, however, it was one click away so I pressed to join.

Maybe during June they add some more loans and if all falls in the right place I get a few extra cents.

Fast Invest

After introducing the strategy to cover 13-14% loans, the cash-drag stopped. The total allocated 500 EUR bucket got quickly filled up so I rose the bar to 1000 EUR.

Fast invest auto-invest strategies
Mintos

The latest strategy seems to pay off. The average interest rates are growing on the account of higher risk. I must mention that I mitigate the risk by choosing only the B- and above ranked originators.

Below is the status of strategies I use and you can refer to their initial setup here. The latest update I did was increasing the portfolio size for the 1st priority strategy.

Mintos auto-invest strategies

After having a look at distribution of my investments, I can see that I need to slow down on buying more loans from Peachy in UK.

Distribution of loans in Mintos

I would feel more comfortable with about 50% of strategy bucket going to one originator at this point.

Mintos allows me to diversify easily with changing the diversification settings.

Mintos diversify across loan originators
Mintos diversification settings

Edit the strategy, switch on the distribution setting, set the Peachy to 50% and this should do it.

Distribution of course will not take place right away because I bought the loans and they need to mature. I expect the share of Peachy to drop to 50% in coming 1-12 months.

Envestio

During May, there are published 6 projects with total volume of 1.7 million EUR.

The funding of 250 thousand EUR for the last published project was found in below 15 minutes.

I am a little reserved about the last 3 projects because it was very hard to find any public information on these very recently created companies. I would not like to think that Envestio is allowing more risky deals to be taken. They do, however, come with very attractive interest rates – 19%, 19.3% and 18.15%.

Crowdestate

Two projects where I invested in have issues with keeping their deadlines. This is not surprising for development projects. I invested 531,5 EUR in them and it is approximately half of my portfolio in Crowdestate.

Projects still get updates and there are no other issues than delayed project schedules.

Highlights for May 2019

Default of Lendy

One has to be careful these days. Multimillion pound realestate P2P lending company called Lendy went bankrupt couple of weeks ago.

Companies went and will go bankrupt. P2P lending sector is no exception.

Mitigate risks by diversifying. Never put all your investments in one platform.

Raffles

If you have not already, then there still is a chance to participate in 25 EUR raffle by subscribing on the right side panel or scrolling down if using a mobile device.

Also soon coming up with another raffle – this time sponsored by one of the platforms who showed interest in getting reviewed.

Thank you again for sticking around and I wish you all a great week to come.

5 comments

    1. Thank you!
      In other blogs I see a a trend to keep these numbers behind the scenes. I have decided to keep them available for now. Also could find bonus numbers in your blog. What is your take on publishing them?

      1. Thanks for the quick reply, Janis!

        Well, I get the point of not displaying the numbers, but for now I will keep showing all the incomes including affiliate bonuses.

        What’s your opinion about this topic?

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