Welcome to my November 2019 Passive Income Update. November was quite something.
The month started in Dhaka (Bangladesh) and continued in Bangkok (Thailand) where I found myself working 14 hour workdays – including weekends – for 2.5 weeks straight, completing two work assignments in parallel. Not quite the November I had imagined.
I have learnt my lesson. This is not the life I want. 🙅
As I wrote in my October Update, something that I want to work on next year is to say more ‘no’ to jobs. Knowing that my passive income can support more than 2/3 of my living expenses, I don’t need to work 40-50-60 hour weeks. 👨💻
While the first half of November was hectic and restless, the remainder of the month was wonderful. I spent time in Qatar, in Turkey, and in the US — unwinding and slowing down. Working less, spending time with friends and family, and lots of time outdoors (running, hiking, exploring). That’s the life I want more of in 2020.
My passive income in November totalled 990,82 EUR (~1091.70 USD) which is phenomenal. I didn’t touch any of my investments, everything ran fully on auto-pilot, and the 990,82 EUR is really 100% passive income. It is slighly less than in October, due to slighly lower interest rates, but that is fine.
I would like to keep the tradition, looking at compound interest of my P2P loans, which I started in my September Passive Income Update. Below graph shows how my investment portfolio keeps growing by itself every month – thanks to compound interest – without me adding additional funds. The graph visualizes the growth of my P2P Lending Portfolio over the past 7 months (and this is absolutely without adding new funds!). It is unbelievable!
Now, on to my passive income numbers for November 2019!
November 2019 Passive Income Update
My total passive income in November 2019:
– P2P lending: 607.09 EUR
– Real Estate Lending: 23.49 EUR
– ETF Dividends: 96.15 EUR
– Stock Photos/Videos: 263.64 EUR
TOTAL: 990.82 EUR (~1091.70 USD)
P2P Lending & Real Estate Lending Update – November 2019
|P2P Lending Platform||Nov'19 Interest Income||Nov'19 XIRR||Total Investment|
|Mintos||€ 294.68||10.16%||€ 29,000.00|
|Swaper||€ 170.59||13.14%||€ 14,000.00|
|Grupeer||€ 141.82||13.15%||€ 12,000.00|
|Estateguru||€ 5.94||3.39%||€ 2,000.00|
|Crowdestate||€ 18.00||10.80%||€ 2,000.00|
P2P & Real Estate Lending Overview – November 2019 Passive Income Update
As part of my November 2019 passive income update, here is a quick overview of passive income that I am earning from three (3) P2P Lending and two (2) Real-Estate P2P Lending platforms that I am investing in.
–Traded Funds (ETF) Update – November 2019 🥳
My decision to start investing in the MSCI World ETF back in 2016 was one of the best decisions of my life. I am explaining details in my ETF portfolio post, but in a nutshell, I believe there is no better and more cost-effective way to save & invest long term (e.g. for retirement) while earning some passive income from dividends.
Since I started investing in the MSCI World ETF in 2016, the value has increased by 43%. The shares that I bought originally for 145.09 EUR a piece – and kept on buying more shares of over the years – are today valued 208.55 EUR. Looking at below graph of the MSCI World ETF (UBS UCTIS), I would say it’s hard to find a better, more stable, cost-efficient, and diversified investment. Why? More in my ETF portfolio post. 🥳
I had sold my DAX ETF in October (around 14,000 EUR) and am still waiting for a good moment to invest it in the MSCI World. Why am I changing from Dax ETF to MSCI World ETF? The DAX ETF is based on 30 German companies, whereas the MSCI World is based on 1,600 companies from the 23 most advanced countries. Much more and much better diversification. More here.
Overall, my ETF portfolio has been doing really incredible this year: Since 1 Jan 2019 my ETF portfolio has gained 26,79% in value. Since I started in 2016, the value of my portfolio has even increased by 47.06%. In EUR terms, that means that the 63,000 EUR that I invested over time since 2016, are today valued 81,284.30 EUR and I received an additional 2927 EUR in dividends over the past three years (which I used and spent as passive income).
That’s it for my November 2019 Passive Income Update! I hope all of you are enjoy the first days of December. Christmas is 23 days away, which is hard to believe. 🎄 If you like to, please follow my journey on my Facebook Financial Freedom Journey page for more frequent updates. And as always: If you have any questions or comments, please pop them in the comment section below or get in touch via Facebook or Email.
All the best and happy December,