Here is my combined April and May 2022 Passive Income Update. The past 2 months were incredible. Filled with travel, new places, new experiences, and active time spent outdoors. Spring 2022 is in full swing and it’s exciting to spend time in the sun. Besides a short trip to Germany and Bodrum (Turkey), I continued my van trip to the east of Turkey and visited the cities and regions of Mersin, Adana, Antakya, Gaziantep, Halfeti, Şanlıurfa, Mount Nemrut, Diyarbakır, and Mardin (see plenty of photos in this blog post!).

My passive income in March was 1,040.42 EUR (1,095 USD) and in April 985.01 EUR (1,036 USD), which is about 2/3 of my goal of 1,500 USD in monthly passive income.

Here is a breakdown of my March 2022 passive income:
– P2P lending: 594.16 EUR
– Real Estate Lending: 196.60 EUR
– ETF Dividends: 89.66 EUR
– Stock Photos/Videos: 160.00 EUR

Here is a breakdown of my April 2022 passive income:
– P2P lending: 583.41 EUR
– Real Estate Lending: 200.56 EUR
– ETF Dividends: 89.66 EUR
– Stock Photos/Videos: 111.38 EUR

Total Passive Income from P2P Lending, P2P Real Estate Lending, ETF Dividends, and Stock Video Sales.

Şanlıurfa, Apr 2022.

Passive Income Breakdown:

P2P & Real Estate Lending Overview – Passive Income Update

As part of my April and May 2022 passive income update, here is a quick overview of passive income streams from three (3) P2P Lending and one (1) Real-estate P2P Lending platform that I am currently investing in.


Mintos logo

Mintos: The 36,100 EUR that I invested in Mintos gradually over the five past years, have since grown to 51,885.90 EUR. That means that I have earned more than 15,000 EUR in interest through the Mintos platform since 2016.

The ongoing Ukraine conflict has a severe impact on my portfolio as payments from loans in Ukraine and Russia are on hold. In addition, one of my Turkey-based loan originators is struggling due to the high inflation in Turkey. As a result, about 5,200 EUR of my portfolio is “in recovery” and 5,500 EUR are “pending payments”.

At the moment, I log into my Mintos account once a month to adjust my auto-invest portfolio settings to include all new loan originators with ratings 7, 8, 9, and 10.

My interest income on Mintos in April was 315 EUR (=self-calculated interest rate of 7.39 % p.a.) and 318 EUR in May(=self-calculated interest rate of 7.41 % p.a.) . While in previous months some of my funds were uninvested (“Available Funds”) over the past month the so-called cash-drag has disappeared and my funds are fully invested. That should continue to increase my returns over the coming weeks.

My Mintos Dashboard in early May 2022


This image has an empty alt attribute; its file name is TWINO-e1547998647937.png

Twino: Two good months for Twino! After I added +7.000 EUR in August 2021. (= my total investment on Twino is 28.500 EUR), most of the new funds have been auto-invested and my monthly interest in March was 278.71 (= 10.33% p.a.) and in April265.07 (= 9.74% p.a.).

My monthly Twino payments are now almost the same as my payment from Mintos, which is incredible! The average loan duration of my loans on Twino is currently 4.48 months. All loans are with a Buyback and Payment Guarantee.

After 6+ years of investing in the Twino platform, I can say my experience with the platform has been really great. I have been very happy to have seen that Twino has officially obtained its investment brokerage license from Latvia’s Financial and Capital Market Commission (FCMC) and has thus become a regulated investment platform (providing me as an investor with greater security and transparency).

What else? TWINO has a referral program. New investors who sign up with this link ( and invest at least 100 EUR, will get a 15 EUR bonus (as well as I will receive a 15 EUR bonus).

My Twino Dashboard in early May 2022



EstateGuru: Besides Mintos and Twino, EstateGuru is another key investment pillar and passive income stream of mine. I added +7,000 EUR to EstateGuru in March last year. My total investment on EstateGuru is 23,000 EUR which is invested in 80 real estate projects in Estonia, Finland, Lithuania, Latvia, Germany, Sweden, and Spain.

My average interest rate on EstateGuru is 10.57% p.a. For me, EstateGuru is a great platform to diversify my risk by investing in real estate loans that are secured with a first-rank mortgage (physical security). Since my first investment on EstateGuru in 2019, 77 projects have successfully and fully been repaid. 15 loans are currently behind schedule and 4 loans are in default, which I am ok with.

As I mentioned in previous posts, almost all my loans on EstateGuru are either bullet or full bullet loans, which means that either principals or both interest+principals are being paid in full at the end of the loan period. These past months, I received 196.60 EUR in March 2022 and 200.56 EUR in April 2022 interest payments.

What else? My EstateGuru review explains details as well as shows how to receive a 0.5% bonus as a new investor in the first three months. EstateGuru currently has some new loans available (9.00% p.a. & 9.50% p.a.).

My EstateGuru Dashboard in early March 2022

Turkish Mediterranean coastline, close to Taşucu, Turkey (March 2022).

Exchange-Traded Funds (ETF) Update – April and May 2022 🥳

Investing in the MSCI World ETF is an incredibly rewarding and cost-effective way to save & invest long-term (e.g. for retirement) while earning passive income from dividends.

Since I started investing in the MSCI World ETF in 2016, the value of my ETFs has increased by 87.71% (and this despite coronavirus and Ukraine-related shock in stock markets last year). The shares that I bought originally for 145 EUR apiece are currently valued at 266 EUR. Read more in my ETF portfolio post.

As of today, I am holding 224,396 EUR in MSCI World and MSCI Emerging Market ETFs. The global markets took a bit hit this past month due to the invasion of Ukraine and the terrible war affecting millions of people in Ukraine. The value of my ETF portfolio decreased by -1.73 in April 2022. Besides donating to support the people of Ukraine, I bought new ETFs.

My ETF Portfolio since the beginning of this year (c)

My 1,000 EUR monthly ETF savings plan

I started an automated monthly 1,000 EUR ETF MSCI World savings plan in January 2020. The savings plan is fully automated, runs in the background, and keeps buying MSCI World ETFs worth 1,000 EUR on the 15th of every month. It’s a fantastic way of cost-averaging and keeps me committed to my financial savings goals. Thanks to my savings plan I have saved 28,000 EUR (+ value gain) since I started it. 🥳

More about my ETF savings plan and why it was such a great idea to go back to an automated saving plan in this blog post.

Visiting Mount Nemrut national park during my camper trip in April 2022. Mount Nemrut, Turkey. April 2022.

Historic downtown of Mardin, Turkey, April 2022.

That’s it for my combined April and May 2022 Passive Income Update! If you are interested in more frequent updates, please follow my journey on my Facebook page at Financial Freedom Journey.

What is happening in Ukraine is really awful and unacceptable. I encourage each and everyone to donate to the humanitarian relief operations. Save the Children is a great organization to support.

And as always: If you have any questions or comments, please put them in the comment section below. Or get in touch via Facebook or Email.

Stay healthy and have a happy rest of May!
Peter 👋