And November has gone by. It feels like with was only a week ago I wrote my first portfolio update.
Nevertheless, welcome to this November portfolio update.
November has been a slow month for me. I’ve not done much in my portfolio. However, I added Envestio. More on Envestio later.
The monthly income seems to become pretty stable. I do have some investments that are not monthly paid for instance Bulkestate. This month I received interest from Bulkestate.
*Kuetzal XIRR is calculated with its signup bonus of 15€. They don’t run this campaign anymore, however, they do offer 0.5% cashback on all investments made within 180 days.
End October, start November loans began popping up on Envestio. I took the chance to get into these high-interest loans. I’ve looked for an entry for a while, but not much has happened over the last 6-8 months.
Hopefully, they will keep the flow of loan projects – which in turn means that I will deposit more to the platform.
Reinvest24 withdrawal and PropertyPartner?
No new projects have been added to Reinvest24 for a while. And the projects take ages to fund, therefore I withdrew the cash drag I’ve had for the last few months.
For now, I will keep withdrawing cash from Reinvest24, whenever the loans get repaid. I like the platform and concept, but there simply aren’t enough projects or investors.
PropertyPartner is still in my portfolio. I still haven’t given much thought into what I’m going to do, but I don’t enjoy the fees.
I had my first loan on Bulkestate repaid, therefore I received my first interest from them. I do hope that they can do something in the future about having monthly interest payments.
Swaper and PeerBerry
I have seen cash drag on both Swaper and PeerBerry. Swaper has limited loans, but the platform works well. I increased the minimum investment amount in each loan. That seems to have fixed my cash drag problem.
To fix my cash drag on PeerBerry I changed my auto-invest settings and added a new auto-invest setting for loans from 11%. Lower than normal, but better than having a cash drag.
What will December bring?
I plan to deposit more funds to Grupeer.
Other than that I will write reviews of the platforms that I use, so stay tuned for that.
How is your portfolio doing? Which platforms do you consider adding?
Or perhaps you’re not yet started on your portfolio – why is that?
I look forward to improving the monthly portfolio update – feel free to leave any suggestions for improvement.
P.S. if you want to watch how a single platform is doing under the portfolio navigation tab, you will find more in-depth content. More platforms will be added soon and hopefully, soon all of my platforms will be documented here.