2019 is off to a good start. January was a great month. I went on a trip to Egypt over New Years to get some well-needed sun and to finally see the pyramids. A must-see and highly recommendable to everyone.
My passive income amounted a total of 343 EUR this month, which is slightly more than December. The benefits of compound interest are becoming visible. I opened an account with Grupeer and decided against Envestio. Why? I am not eager to support the industries the Envestio is supporting with its loans (oil & gas industries).
P2P Overview – Jan 2019
| P2P Lending Platform | Interest Income | XIRR | Total Investment | Current Value |
|---|---|---|---|---|
| Mintos | € 122.11 | 9.12% | € 17,000.00 | € 22,193.08 |
| Twino | € 140.48 | 9.44% | € 8,500.00 | € 11,489.32 |
| Swaper | € 80.46 | 13.33% | € 7,000.00 | € 7,326.25 |
Financial Transactions in Jan 2019
- Twino: ⛔️ I withdrew 6500 EUR which were lying around unused for a couple of weeks due to the un-availability of loans. The money arrived within 24h in my bank account.
- Mintos: ✅ I added 6000 EUR on Jan 23 and adjusted my auto-invest portfolio. The money showed up in my account 12h later…phenomenal!
- Grupeer: ✅ I opened an account and transferred 3000 EUR into the account. The transfer showed up 48h later, not as fast as Mintos but still acceptable. I set up an auto-invest portfolio and 2700 EUR were almost immediately absorbed, albeit most of it to the same 2 projects. It is quite confusing why Grupeer listed the same project under different project codes multiple times. (Review Grupeer)
ETF Overview – Jan 2019 🥳
ETFs: While I initially considered using my January savings to buy more ETFs – given their historically low prices in early January – I ended up investing in P2P loans to reach my envisaged 60/40 distribution.
After a steep drop of both the MSCI World, MSCI EM, and DAX ETFs in early January, prices have recovered and 2019 is off to a good start. As of Jan 31, my portfolio looks as following:
