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Portfolio-Update January 2020 – The song of greed and panic

Hi folks! Today I want to write about my journey and give you a portfolio update January 2020. Again it was a rough month with many bad and some good news, with rumors, facts, insights and new information. In the end I have to think more about my investment choices than it was planned in the beginning. Let’s go!


IRR-Ranking
PlatformIRR (%)Changes to previous month (%)Invested (EUR)Changes to previous month (EUR)
-4,7734309-1137
TFGCrowd*26,27+ 6,21709209
Monethera*21,35+ 1,12164398
wisefund*21,09- 0,81994251
Viventor*13,71- 0,14800
Grupeer*13,27+ 0,05182921
Mintos*13,15- 0,0662741058
Boldyield12,92+ 12,920-713
Bulkestate*12,76+ 0,2916550
NeoFinance*12,15+ 0,33107913
PeerBerry*12,01+ 0,1359422
IUVO*11,51- 0,02127713
Crowdestor*11,04+ 1,4079651164
Viainvest*10,64+ 0,01108410
Bondster*10,20+ 0,16105810
EstateGuru*8,47- 0,482110212
Bondora GG*5,80+ 0,12977123
Crowdestate*5,46- 0,4914766
ReInvest24*3,80- 0,023941
EvoEstate*1,80+ 0,8331821002
Exporo*1,78+ 0,3810000
Debitum Network*0,000,001000
Bondora*-9,61- 4,02319
Kuetzal-105- 10501957
Envestio-95,16- 95,1601563

Platforms

This time I want to start with the platforms which have the highest share in my portfolio because I think you get a better overview how I move my funds around so that it isn’t too much cash drag on the platforms. Every withdrawal goes to my Revolut* account as central instance from which I also make my deposits. For the start I think nothing can describe January better than a picture. This was the start in 2020.

portfolio update january 2020

Hodor
portfolio update january 2020

7.965€ total account value is it on Crowdestor* in January. This means In invested another 1.164€. Finally IRR made a small jump and is now at 11,04% (+1,4%). Again due to a lot of interest payments. The average interest rate for my projects shown in the dashboard is  17,21%.

I don’t invest in every project and focus more on the high-yield short-term projects. In January I invested in the following projects:

With my Link* there is 1% on top for 180 days on your investment! I’m rewarded with 1% too.

portfolio update january 2020

Mintos* is my second largest platform with 6.274€ and now 13,15% (-0,06%). In January 1.058€ were invested. The period of lower interests seems to be over and meanwhile you can find up to 16% loans on the primary market.

Some interesting news in January:

    • Mogo now offers car loans from Albania
    • Vietnam short-term loans were offered by Sun Finance
    • Moneyboat, a UK loan originator, joined Mintos
    • Mikro Kapital added loans from Belarus
    • TASCREDIT from Kazachstan joined Mintos aswell

And I had the chance to test the beta version of the Mintos app for Android. Of course not that many functionality for now but it looks very smooth and is fast. Also I like the visualisations they introduced. Below you see some screenshots.

Furthermore I can only recommend to follow the official Mintos blog for changes and also include the lender ratings from ExploreP2P in the selection of your loan originators.

If you want to invest on Mintos* there is a 0,5% cashback on your average investment. It’s calculated after 30, 60 and 90 days. I receive 5€ + 1%.

 

portfolio update january 2020

I invested a lot in EvoEstate in the last month and so in January. The aggregator platform is now third by volume. In total 3.182€. So I transfered 1.002€ to EvoEstate in January. IRR increase steadily to now 1,80% (+0,83%).  A few weeks ago I published a blog post about the project originators connected to EvoEstate. A good read is also the investors update Q4 from EvoEstate and the interview with CEO Gustas Germanvicius in the Lithuanian TV (English subs are available). But there are more good news. A few days ago EvoEstate closed a 180.000€ funding round!

There are two different offers from EvoEstate:

    • 15€ as a start bonus on the platform with this link. You get the bonus after your first investment. For me there is 15€ aswell.
    • 0,5% cashback for 6 months with this link. It’s interesting if you plan to invest >3.000€ within 6 months. For me there is 0,5% + one-time 5€.

 

portfolio update january 2020

The 4th place by volume is reserved for EstateGuru*. Here I added 212€ in January so the total volume increased to 2.110€. IRR is 8,47% (-0,48%). I tried to add new projects with monthly payments or payments every 3 months only to have a constant cashflow.

portfolio update january 2020

At EstateGuru* there is a 0,5% cashback for 3 months. I also receive the cashback and in addition 5€.

portfolio update january 2020

1.829€ my account showed at Grupeer* at the end of January and the calculated IRR is now 13,27% (+0,05%). So I changed nothing and just the interests were added and reinvested. In February my plan is to invest more.

Instead of the affiliate link, I am now using the referral link from Grupeer* because it has better conditions for you. If you use my my link* you get a bonus of 10 € and I get 1% cashback on your investment in the first 3 months. Still there are some loans with 1% cashback from Right Choice Finance available.

portfolio update january 2020

Monethera* is at 5th position as of now. Due to the recent events and the storm after Kuetzal and Envestio I want to decrease my investment in such platforms. I planned to sell my projects and pay the exit fee. Unfortunately (or thank god) Monethera suspended this feature temporarily. So I hope I can sit it out. Nonetheless I withdrew some of the money (98€) which was paid back. Total account value is now 1.643€  with an IRR of 21,35% (+1,12%).

Monethera’s reaction was more communication and transparency, at least superficially. But I’m not satisfied because some answers are still very vague.

There is a bonus of 5€ at Monethera*. In addition there is a cashback of 0,5% for your investments for the first 180 days.
If you use the promo code investdiversified, it’s extended to 360 days! I’m rewarded with 5€ + 2,5%.

portfolio-update december 2019

In January I continued withdrawing money at Crowdestate*. This time only the interests. There are now 1.472€ (-6€) invested. I didn’t trade at the secondary market and the IRR is therefore now at 5,46% (-0,49%). As I mentioned in the last portfolio update the payments for the project Baltic Forest X were stopped until summer 2020. But there are also some good news because the Pärnu County Court approved Baltic Forest OÜ’s reorganization plan and also it’s tradeable over the secondary market again starting from February 3, 2020.

Important news from December: Crowdestate will withhold tax for Italian projects.

Unfortunately there is no referral link with cashback which I could forward to you. If you use my link*, I receive up to 17€ + 0,5% Cashback for 60 days.

 

IUVO P2P Investieren

IUVO* is now at 11,51% (-0,02%) with an investment of 1.277€. IUVO* or the loan originators don’t pay interest on late loans. Therefore, there is a difference between the IRR and the return displayed in the dashboard (14,28%). Because of fresh money and temporarily lack of new loands IRR decreased a little bit. By the way the platform cracked the 100 million in volume.

    • For IUVO* there are two different offers. For the first you can contact me because unfortunately it has to be done manually. You get up to 90€ for the start on the platform. 30€ are available for an investment of 1.000€, another 60€ for 2.500€.
    • With the 2nd offer (click on the banner) I would like to share my bonus of 200€ if you invest at least 2.500€ within 30 days and give away 90€. So if you’re interested just send me a short message.

 

portfolio-update december 2019

At Viainvest* I’m invested with 1.084€ (+10€) and in January IRR is at  10,64% (+0,01%). As a platform for diversification I can clearly recommend Viainvest and I will continue to invest here. Especially because you cannot find that much Swedish loans. The dashboard shows 11,55% by the way.

portfolio update january 2020

For the start at Viainvest* there is a 10€ bonus. For this only 50€ need to be invested. I’m also rewarded with 10€ if you are register with my link.

 

portfolio-update december 2019

In January NeoFinance* IRR increased again to now 12,15% (+0,33%). The total investment is 1.079€ . Slowly we come to the area where it should be. I’m satisfied with NeoFinance* but noticed that there are more red loans. For now I don’t count those as defaults, because there are repayments from time to time. In the following screenshot I compared December and January.

portfolio-update dezember 2019

portfolio update january 2020

The platform calculated IRR dropped down to 15,63%.

At NeoFinance* there is bonus of 25€. If you use my link I get 5€ and 2% cashback for 2 months as a reward.

portfolio-update december 2019

IRR climbs slightly again to 10,20% (+0,16%) at Bondster*  and now 1.058€ are invested. The dashboard IRR shows 13,02%. Bondster is an excellent alternative because it offers a variety of loans up to 14% from at the moment 12 loan originators. Some of the are also known from Mintos or Grupeer.

Similar to Mintos there is a 1% cashback after 30, 60 and 90 days at Bondster*. I receive 1% aswell.

 

portfolio-update december 2019

Unfortunately this investment posibility is only for investors from Germany, Austria, France, Hungary, Ireland, Luxembourg and Switzerland (yet). I’m invested in a stock property (an existing building which is already rented) at Exporo* with 1.000€. The expected return is  4,5% and payments come in every quarter.

The awaited payment came in January but was much lower than expected (only 2,72€). 1.000€ are still invested and IRR is currently at 1,78% (+0,38%).

Exporo* does also offers real estate development projects. Here everybody can invest. Maybe for diversification it’s interesting for you. There is also a chance that investments from Exporo are available on EvoEstate too.

By the way, Exporo* offers you 100€ as promo code (use ID 157135 during registration) for your first investment directly after registration. If you invest I receive also a 100€ promo code. 

portfolio-update december 2019

Like Monethera Wisefund* suspended the early exit feature for now. Also there was only one new project and several rumors about the 3rd party insurance company Best Treasure Limited. For now IRR is 21,09% (-0,81%) with 994€ (-251€) total investment. End of January  the Electronic devices stock purchase project paid back earlier than expected. So I withdrew the idle cash and the money which came back from the project and the interests aswell.

Again I had a call with Ingus Linkevics, fromer COO, now CEO of the Wisefund Finance OÜ and drill him with my questions. Next week a secondary market will be available due to him. It seems that there are fees for the buyer. Also the first round of buy-back requests will be processed.

Ingus confirmed that you can see Wisefund at the INVEST in Stuttgart and also at the P2P Conference in Riga.

 

Wisefund* offers  0,5% cashback for your investments within the first 270 days!

portfolio-update december 2019Go & Grow

Go & Grow* I mainly use for a small part of my cash and will also use it for my side hustle and savings for insurence payments. Because of the withdrawals from time to time and the fee of 1€ IRR is at 5,80%. However, I do not want to miss the liquidity available here. In total 977€ are invested, so I added another 123€.

5€ are available for you at Bondora* right after registration. If someone wants to invest a larger amount, just send me a message because I get 5% of your investments and I share my bonus (2,5% for you).

 

portfolio-update december 2019

Next is one of my newly added platforms TFGCrowd*. Here you can find my short review/interview. Meanwhile my investment at the platform is 709€. Due to the early repayment of a project including several months of interests IRR made a huge jump to 26,27% (+6,21%). But that’s only temporarily.
Kristaps digged out some serious stuff about their projects. Claus from p2p-kredite.com asked them and this was the answer:

Thanks for reaching out to us about the blog post.
I would like to give you my best possible answer to the risen questions.

Our priority is investor safety, which is also our reputation.

1. Referring to content that we feel is superfluous, short comments from us, without going into depth – Real Estate in Yacht Club is a private house building in the “Kapteinu Osta” area, but has nothing to do with company Kapteinu Osta SIA which Kristaps mentions in his blog.

2. Wardrobe company – has invested in manufacturing and is actively revving, as evidenced by the company’s 2019 financials, Kristaps is based on 2018 outdated data. A promising and steady growing company that can be assured both on the website and in life.

3. Modern Compact Houses – Once the escrow account has been fulfilled, the money will be transferred to the borrower’s account and secured by a first round mortgage on the property.

4. Real Estate in Cambridge and London – Properties are bought, collateral exists. In our website mentioned that TFGcrowd takes part in projects.

Our participation in projects is one of the conditions of our core business.
All our information is transparent and can be seen in currently active projects.

Articles like this or similar in the current situation are a classic phenomenon.

Because the answers of TFGCrowd were very vague I will withdraw the interests in the next month. I think we have to educate the platforms to more transparency!

However if you want to test the platform you can use my link. I get 20€ as a reward if you invest at least 100€.

 

portfolio update january 2020

PeerBerry* has now an IRR of 12,01% with still 594€ invested. I withdrew 21€ in January BUT there is a change of my plan…
Because of the current situation in the industry I will increase my investment again. There were reasons why I lowered my investment at PeerBerry but the calculations issues are fixed (at least the dashboard numbers are correct now). So I give it a try.

PeerBerry* introduced a loyality bonus, but with high requirements

    • 0,5% for 10.000€
    • 0,75% for 25.000€
    • 1% for 40.000€

If you use my PeerBerry* link, I’ll receive 5€ + 1% from investments for 60 days.

With an IRR of 3,80% (-0,02%) nothing changed in January at ReInvest24*. The total investment is still 394€. I really like the business model of ReInvest24*, although the funding of projects takes much longer than on other platforms. To lower the effort I will invest over EvoEstate in ReInvest24* projects. 

A few days ago the platform wrote an email regarding the current status of the two apartment projects in Tallinn’s tech hub. The selling price for the properties will be lowered now to sell the apartments faster.

If someone wants to invest directly over ReInvest24* there is a 1% cashback (for me aswell) in the first year.

For me the loan portfolio at Bondora* consists only of red loans, I sold all other loans after 4 years of investing. Through the recovery process I hope that something remains. Of course I could sell them with high discount, but I’m not reliant on the ~319€. Therefore, the money stays where it is for the time being. If you want to know why IRR is negative I count the not payed money as interest charge within Portfolio Performance.

I can’t really recommend Portfolio Pro. If you stop putting in more money, the return drops very quickly into the basement. Although Bondora’s* recovery process is one of the best in the p2p industry, there are plenty of alternatives.

 

Another project was paid back in January at Bulkestate*. IRR is now at 12,76% (+0,29%). At the moment approx. 165€ are invested. Also for Bulkestate I will give the platform a second chance but at the moment there are no new projects. Hopefully they come soon and with monthly payments.

Unfortunately there is no bonus or cashback for new investors. I’ll receive 1% cashback for 180 days if you use my link.

 

portfolio update january 2020

Due to the recent events I thought about adding a new somehow established platform to my portfolio which was on my watch list for a longer time. And the choice was Debitum Network*. The platform serve asset backed business loans only. Interests are ‘lower’ (7-8%) but including possible penalty fees (4,5-10%) it could be much higher in the end. My first investment was just 100€ and I’ll test the platform in the next month.

If you also want to try out Debitum Network* you can use my link. If you invest 100€ I get a reward of 10€ and 2% cashback for 90 days.

The 80€ from November are still ‘invested’ in January at Viventor*. As on Mintos, there is also no news regarding the Aforti loans at Viventor. IRR is at 13,71%. If you want to know why I left Viventor*. It’s mainly because of the (bad) communication in the Aforti case. It’s not about the platform itself, as you can see the IRR is very high.

If you want to invest at Viventor* unfortunately there is only a bonus of 5€ and 1% cashback for 30, 60 and 90 days for me as publisher.

The pawn sacrifice

It’s a pity but Boldyield one of my newest platforms paused their business. In the end it’s a strategic decision because the team around Edgars Mass know that the wouldn’t survive the current situation in the industry. Especially not if other platforms will go south too. Below you can find the full statement. All my invested fund were transfered to my account including the acrued interets. So at the end IRR was 12,92%.

portfolio update january 2020

Fishy, scammy, runaways

Nothing new in the Kuetzal case. In total I lost 1.957€. I won’t see the money again. At the moment I check together with other investors which legal steps there are to maybe get at least parts of it back.

Unfortunately my last withdrawal request cam too late. Envestio is gone too…Website down etc. In total I lost 1.563€. As for Kuetzal I was at the German police a few days ago and gave  them all the information about the suspects. Especially the person of Mr Ganzin is very interesting for the criminal investigation division.

And by the way I was at the address of Mr Ganzin in Germany and big surprise, nobody was there, no sign at the door bell plates and also the neighbors haven’t heard of somebody called Ganzin and also haven’t seen the person on the pictures.


Affiliate/referral income

As I mentioned that I’ll be more transparent regarding income of affiliate sources. You have seen that I write down what I get in return if you using my links. Furthermore I will update you here about my affiliate income in December. I haven’t received it yet, normally I get it in the following months. But in total it’s 301,92€ distributed over 9 platforms. But minus Envestio, because the won’t pay anymore.

portfolio update january 2020

Referral income I received from the following platforms:

    • EvoEstate: 60€

Outlook and summary

So my first loss is here. In total I lost approx. 3.520€ in Kuetzal and Envestio and ~9% of my P2P and crowdlending portfolio and ~3,1% of my overall portfolio. Will need some time to get back on track. You can see that I already began to shift funds more into real estate P2B platforms and also some sorted out platforms will get a second chance. 

Below you can find my distribution between the individual P2P / crowdlending classes. I created a P2B class which consists of Grupeer and Debitum Network at the moment.

    • 30,74% (-1,61%) P2P (Buy-back)
    • 33,28% (-7,22%) Crowdlending
    • 6,09% (+6,09%) P2B
    • 23% (+2,51%) P2B (Real estate)
    • 3,13% (-0,94%) P2P
    • 2,59% (+0,24%) P2P (Short-term)

portfolio update january 2020

I hope you find my summary interesting. I’m always open to constructive criticism and proposals. See you in March for the next portfolio update!


Events

portfolio update january 2020

There are some events I plan to attend. In April (24/25) there is the INVEST in Stuttgart, Germany where a lot of platforms will be .

portfolio update january 2020

And then on June 19 and 20 there is the P2P Conference*. In 2020 again in Riga. If you plan to go there you can use my link* to buy tickets for the ‘show’. Using the code ‘investdiv‘ you get a discount of 20%.

For using my link* for the conference I get a 5-10% reward.


Revolut -My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut*. Since then I use the app for all financial transactions in the area of p2p/crowdlending and also in business context as freelancer with Revolut for Business*.

After being skeptical at first I’m now a big fan of the app. The execution of transactions to the different platforms and also withdrawals is very fast. In addition  you can with the free Revolut* VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut* is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut* app. Also without fees (up to 6.000€ per month)!

Using my links for Revolut I get a reward of £2.00-3.00 for a standard card order. For Revolut for Business I get up to 66,35€.


About new projects on Twitter, Instagram and Facebook

On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (invest diversified) in which I invest myself. Also on Facebook I have a page. There are also a few insights into how I invest in other areas. So just follow me :).

*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!

P2B crisis: How to start due diligence

Hello everybody! Today I am writing about the events of the past few weeks at Kuetzal and new developments at Envestio and effects on the entire P2B industry. But that’s just the plug, actually I want to show you which sources you can choose to get information about projects on the platforms and do your own due diligence in the P2B crisis.


Podcast – P2P deep dive

You can also hear the whole thing about Kuetzal in the podcast (only in German), because I was a guest of Thomas from p2p-game.com. Together with Dirk, who is also invested in Kuetzal, we summarized the events with a bit of gallows humor, tried to evaluate them and showed possible options for further actions. First of all, there will be at least one more episode.


Kuetzal

I simply link here to the German-language document that Dirk created. The most important is summarized chronologically here. Unfortunately I had no time to translate it. I and certainly other investors have filed a complaint with both the German and the Estonian police and are also considering taking legal actions.

Kuetzal – die schillernde baltische P2B-Plattform

Telegram-Gruppe Kuetzal


Envestio

Since January 13, many investors have been waiting for their withdrawals. As early as December there was an increase in requests for buybacks. You could see this quite well by the fact that older, fully funded projects were suddenly open again.

On January 15, the following statement was published on the official Envestio Facebook page:

p2b crisis due diligence

After the pressure apparently got too big, a change of personnel was carried out and Mr Ritsmann was praised away as Head of Sales. Mr Kukin is said to return as COO. In the meantime, buy-back inquiries continued unabated. At Envestio, the fees are ‘only’ 5%.

On January 21, the whole situation worsened with the following message:

p2b crisis due diligence

And then it went quickly:

  • The Envestio website has been down since January 22nd
  • The new and old COO Kukin has deleted his Facebook and LinkedIn accounts
  • Nothing was found looking for the offices (although bloggers have already been invited)
  • ECN responded with a complaint

That’s the situation roughly summarized. As for Kuetzal, there is a Telegram group for German investors, and there is also an international one. In the former you will also find a template for an advertisement with the Estonian police. Either way, an report is essential. In Germany it might also be advisable to be able to prove something for the tax authorities.

Telegram-Gruppe Envestio

UPDATE 29.01.2020

I visited the address where Arkadi Ganzin lives, due to the information of the contracts. Big surprise. No such name name on the door bell nameplates and also the people there don’t know the name and also didn’t see the person on Ganzin’s pictures in the past.


Reactions of other platforms

Wisefund and Monethera temporarily suspended the buy-back. In my opinion, this was the only way to survive for these two platforms and shows the general problem of such buy-back or early exit options. For younger platforms with a smaller volume that are then suddenly withdrawn (justified or not is irrelevant here), this would inevitably lead to a broken neck. Even a fee of 20% (at Wisefund) did not prevent many investors from applying for a buy-back, even though there are no rumors regarding SCAM etc. at the platform as mentioned today. Of course, one can now ask whether something like this is legal.


How to due diligence

Now we come to the topic of due diligence. Yes what is that again? Roughly speaking, the careful examination of projects in our case projects in which we invest. Ideally before the investment ;). Unfortunately I also have to admit that I have been neglecting this topic so far and I had to ask myself why obvious ‘red flags’, for example at Kuetzal,  were not noticed.

Artificial pressure

The platforms don’t make it easy either. Countdowns to projects and auto invests, such as those at Envestio, that invested before the project started, put pressure on the investor. It would of course be fatal to miss a great project ;). In addition, not all information are visible on many platforms at the start of a project and one would have to ask the platforms themselves. The expenditure of time certainly discourages many.

Due diligence – Which sources you can use

Nevertheless, you should and have to take the time to check the projects thoroughly. Since many of the projects are located in the Baltic States, I will concentrate on them first. But let’s get started.

    • Lursoft.lv or firmas.lv
      The Latvian site provides a good overview, provided you translate it into English or German using a browser. I’m looking for example after the company behind the latest Monethera project SIA Nord Wood Products, which looks like this:

      p2b crisis due diligence
      • Here you get a lot of information, such as the address, contact and e.g. the accumulated tax debts below. Approximately 179 € are not that wild, I would think. There is also more information about taxes and the annual reports.p2b crisis due diligence p2b crisis due diligence
      • B2Bhint.com
        The site pulls information from the company registers of different countries. I find this very interesting to make the connections between companies more visible. This information may help to rethink an investment decision that has already been made.

The (un) licensed activities and the founder field are interesting too. If, as with a project, the actual activity is gastronomy and then a project in the area of cloud computing services is to be financed, this is an incentive to look more clearly. In the screenshot below you can see SIA IC Trading (it’s a coincident that it’s also from Monethera). Here you can see which companies were also founded by the same person.

    • Teatmik.ee
      After the search for culprits in the Kuetzal case, it was looked up to see who is really registered as a shareholder. And lo and behold Miss Gortsak is the lucky one.

Platform transparency

Before you get to the projects, you should of course take a closer look at the platform itself. So which points are important?

  1. Professional team with a good reputation and verifiable background and history (track record)
  2. It is clear where the head office is and what is maybe just a virtual office
  3. There are no major changes in the company (keyword sale of the platform in the case of Envestio)
  4. The terms of use are reasonable and do not change (as with Kuetzal)
  5. Support answers questions, possibly even the management itself
  6. Sufficient information about projects is available or available on request
  7. Ideally a longer track record of the platform itself

These points just occured to me in a quick way and are not complete.

Which sources do you use?

So since I’m not omniscient, I want to pass the ball to you. Which sources do you use for your research? I have certainly forgotten some or simply overlooked them.

If you have read this far, I would like to thank you 🙂 We will be reading again soon!


Revolut -My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut. Since then I use the app for all financial transactions in the area of p2p/crowdlending and also in business context as freelancer with Revolut for Business*

After being skeptical at first I’m now a big fan of the app. The execution of transactions to the different platforms and also withdrawals is very fast. In addition  you can with the free Revolut VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut app. Also without fees (up to 6.000€ per month)!


About new projects on Twitter, Instagram and Facebook

On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (invest diversified) in which I invest myself. Also on Facebook I have a page. There are also a few insights into how I invest in other areas. So just follow me :).

*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!

 

Portfolio-Update December 2019

Hi everyone! First of all happy new year! Hopefully everything wie go in the direction we hope. Furthermore I want to thank all blog readers, commentators, partners in discussion in the Facebook groups and followers on Instagram and Twitter. 2019 I met a lot of interesting people, had a lot of exciting discussions and learned a lot for myself. Really and I mean it that way. Thank you!!!

Today I want to share my Portfolio Update for December 2019 and sum up the year. December was…let’s say turbulent. There were first impacts for some platforms, stumblingly loan originators, blocked secondary market trading and even a total failure of a platform. All that I want to write about in the following blog post. Let’s start!


IRR-Ranking
PlatformIRR (%)Changes to previous month (%)Invested (EUR)Changes to previous month (EUR)
11,05354463613
Wisefund21,90- 0,30124520
Monethera*20,23+ 0,011741500
TFGCrowd*20,06+ 0,01500400
Kuetzal18,80019570
Envestio17,44+ 0,1819831
Viventor*13,850800
Grupeer*13,22+ 0,06180819
Mintos*13,21+ 0,08521650
Bulkestate*12,47- 0,442151078
PeerBerry*11,88+ 0,2161624
NeoFinance*11,82+ 0,23106611
IUVO*11,53- 0,291264130
Viainvest*10,63+ 0,0110749
Bondster*10,04- 1,581048261
Crowdestor*9,64+ 0,6568011.293
EstateGuru*8,95+ 0,281898318
Crowdestate*5,95- 0,281482104
Bondora GG*5,68-0,22854496
ReInvest24*3,82+ 2,2039397
Exporo*1,35- 0,2610000
EvoEstate*0,97+ 0,512.180785
Boldyield*0,000,00700586
Bondora*-5,59- 2,9733511

Platforms

This time I switch the order again and we start with the platforms with the highest IRR. By the way, that means not much more as also the risk is higher.  Bear this in mind. I also try to give a short assessment how I continue dealing with this kind of platforms. Meaning if I just leave it as it is, exit it or even increase my investments.

portfolio-update december 2019

Wisefund is still at the top with an IRR of 21,90%. IRR will settle down to 18-19%. I’m invested with 1.245€ at the platform. For a longer time there was no new project (until yesterday) and one project paid back earlier than expected so approx. 250€ are not invested. Also deposits weren’t possible for some weeks. The reason was an adjustment in the company structure. Furthermore several features like faster deposit possiblities were announced. Even if I know more I cannot say names but you know such solutions from Mintos etc.

I had the chance to have a call with Ings Linkevics,  fromer COO, now CEO of the Wisefund Finance OÜ and drill him with my questions. The interview back then you can find here.

CONCLUSION: 2020 I will keep investing at Wisefund, but in a moderate way.

portfolio-update december 2019

As in the previous month Monethera* is at the 2nd place with an IRR of 20,23% (+0,01%). My total investment there is 1.741€. And as you can see I’ve invested in December approx. 400€ in a short-term project with 5 months term.

Another news in December was the announcment of Monethera that they reached an agreement with the Hong Kong based company RICHLY PACIFIC INTERNATIONAL LIMITED. This allows a buy-back of 95% with a total volume of 3 million euro and is only for new project with a buy-back icon. More information you can find here.

Furthermore there are several project which raised question. Monethera reacted fast, but the answers didn’t satisfied me completely.

 

There is a bonus of 5€ at Monethera*. In addition there is a cashback of 0,5% for your investments for the first 180 days.
If you use the promo code investdiversified, it’s extended to 360 days! I’m rewarded with 5€ + 2,5%.

CONCLUSION: I’ll check every new project but for now I won’t increase my investment and invest the repayments elsewhere.

portfolio-update december 2019

Next is one of my newly added platforms TFGCrowd*. Here you can find my short review/interview. Meanwhile I’m invested with 500€ and invested in December in 4 more projects. One of it with referral income. IRR is almost the same with 20,06%.

If you want to test the platform you can use my link. I get 20€ as a reward if you invest at least 100€.

CONCLUSION: I’ll increase my investment here, give that the projects are reasonable.

portfolio-update december 2019

And now we come to the total failure. About Kuetzal I’ve already been writing in my last portfolio update and linked some information. Still we don’t know all information but to make it clear Kuetzal is and maybe was from the beginng a total SCAM! Some of the projects are real, unfortunately they had either no contact at all with the platform or asked for funding but have not received money.

portfolio-update december 2019After the winter break the new ‘CEO’ reacted like this.

portfolio-update dezember 2019

All who asked got this message . Still I don’t get what role Maksims Reutovs plays in this SCAM-construct. But in my opinion it’s not more than delaying tactics. I’m investet there with 1.957€ and requested a buy-back (for 10% fee) in December. It’s very unlikely that I get something of it back. That’s why I removed all referral links as the topic became known. Again I can link to Jorgen Wolfs blog post, because it sums up the whole story part of.

CONCLUSION: I think I won’t see the money again. At the moment I check together with other investors which legal steps there are to maybe get at least parts of it back.

portfolio-update december 2019

First of all the numbers of Envestio. IRR increased in December slightly to 17,44% (+0,18%) and I’m invested with 1.985€. Interest are paid on time and withdrawals also work.

Withdrawals? Yes, I started to withdraw the money which came back. The reason is that the platform was sold to Arkadi Ganzin and the installement of the new COO Eduard Ritsmann. The last one is very communicative and obviously that’s a positive development. But there is no way the answers he gave could convice me. If you think I’m too negative here’s a very positive colored blog post of my Isreali blogger colleague. Nevertheless I continue withdrawing.

CONCLUSION: Withdrawing.

portfolio-update december 2019

The 80€ from November are still ‘invested’ at Viventor*. As on Mintos, there is also no news regarding the Aforti loans at Viventor. IRR stayed at 13,85%. If you want to know why I left Viventor*. It’s mainly because of the (bad) communication in the Aforti case. It’s not about the platform itself, as you can see the IRR is very high.

If you want to invest at Viventor* unfortunately there is only a bonus of 5€ and 1% cashback for 30, 60 and 90 days for me as publisher.

CONCLUSION: Only 80€ left and my investment will hopefully end soon.

portfolio-update december 2019

Let’s go on with better news. I’m invested with 1.809€ at Grupeer* and the IRR is now at 13,22% (+0,09%). The fresh originator rating you can find here. In December two new loan originators joines the platform, also a third one in January. Looking good so far and I hope the development of Grupeer* will go on in 2020 with the same pace.

As of today (January 19, 2020) there are, including cashback several 14$ loans available. Also for the Russian loan originators the Matryoshka campaign was started three days ago (until January 31, 2020). If you use my link, I receive 1% cashback from your investments and on top 5€.

CONCLUSION: The high-yielding loans are very interesting and for now everythin works like it should. I can imagine that I increase my investment here in 2020.

portfolio-update december 2019

Again slightly behind Grupeer you can find the top dog Mintos*. IRR increased to 13,21% (+0,07%) with an investment of 5.216€. After the bad news in November, December looked way better. The interest level increase a little bit and there were 14% loans available on the primary market. As every month some new loan originators joined Mintos, change their company structure or offered loans from new countries. I can only recommend to follow the official Mintos blog for changes and also include the lender ratings from ExploreP2P in the selection of your loan originators.

If you want to invest on Mintos* there is a 1% cashback on your average investment. It’s calculated after 30, 60 und 90 days. I receive 5€ + 1%.

CONCLUSION: 2020 I will continue investing on Mintos.

 

portfolio-update december 2019

After the early repayment of a big project in November Bulkestate* still has an IRR of 12,47%. At the moment approx. 215€ are invested.

Unfortunately there is no bonus or cashback for new investors. I’ll receive 2% cashback for 120 days if you use my link.

CONCLUSION: Hold, until I gave a thought to it.

portfolio-update december 2019

PeerBerry* has now an IRR of 11,88% and overtake IUVO. A while ago I started to withdraw the repayments, which is very fast by the way. It will go on for a while because of the long-term loans.

PeerBerry* introduced a loyality bonus, but with high requirements

    • 0,5% for 10.000€
    • 0,75% for 25.000€
    • 1% for 40.000€

If you use my PeerBerry* link, I’ll receive 5€ + 1% from investments for 60 days.

CONCLUSION: I continue withrawing and at some point the investment will end.

portfolio-update december 2019

In December NeoFinance* IRR increased again to now 11,82% (+0,23%). Slowly we come to the area where it should be. I’m satisfied with NeoFinance* but noticed that there are more red loans. For now I don’t count those as defaults, because there are repayments from time to time. In the following screenshot I compared November and December.

portfolio-update dezember 2019portfolio-update dezember 2019

The platform calculated IRR is 18,45%.

At NeoFinance* there is bonus of 25€. If you use my link I get 5€and 2% cashback for 2 months as a reward.

CONCLUSION: For now I won’t invest fresh money, because I want to see how NeoFinance delevopes over a longer period of time.

 

IUVO P2P Investieren

IUVO* is now at 11,53% (-0,29%) with an investment of 1.264€. IUVO* or the loan originators don’t pay interest on late loans. Therefore, there is a difference between the IRR and the return displayed in the dashboard (14,28%). Because of fresh money and temporarily lack of new loands IRR decreased a little bit. By the way the platform cracked the 100 million in volume.

    • For IUVO* there are two different offers. For the first you can contact me because unfortunately it has to be done manually. You get up to 90€ for the start on the platform. 30€ are available for an investment of 1.000€, another 60€ for 2.500€.
    • With the 2nd offer (click on the banner) I would like to share my bonus of 200€ if you invest at least 2.500€ within 30 days and give away 90€. So if you’re interested just send me a short message.

CONCLUSION: My plan in 2020 is to increase the investment slightly, because the platform delivers without problems exactly what I expect.

portfolio-update december 2019

Almost the same IRR for Viainvest* in December with 10,63%. And so the platform overtook Bondster. As a platform for diversification I can clearly recommend Viainvest and I will continue to invest here. Especially because you cannot find that much Swedish loans. In November Viainvest* introduced a fresh design.

For the start at Viainvest* there is a 10€ bonus. For this only 50€ need to be invested. I’m also rewarded with 10€ if you are register with my link.

CONCLUSION: Moderate increase is planned!

portfolio-update december 2019

I transfered 213€ in December to Bondster*  and now 1.051€ are invested. IRR fell to 10,04% (-1,58 ), which is because of the fresh money. Bondster is an excellent alternative because it offers a variety of loans up to 14% from at the moment 12 loan originators. Some of the are also known from Mintos or Grupeer.

Similar to Mintos there is a 1% cashback after 30, 60 and 90 days at Bondster*. I receive 1% aswell.

CONCLUSION: I’m planning to increase it slightly aswell. I like Bondster!

portfolio-update december 2019

1.293€ I’ve invested on Crowdestor* in December and the total investment is now 6.801€! IRR increased to 9,64% (+0,65%) due to a lot of interest payments. The average interest rate for my projects shown in the dasboard is approx. 17%.

I dont’ invest in every project and fokus more on the high-yield short-term projects. In December (and also Janary) I invested in the following projects:

With my Link* there is 1% on top for 180 Tage on your investment! I’m rewared with 1% too.

CONCLUSION: Favorite platform, said that before. Knowing the risks, which we no see better and also feel it, I plan to increase my investment in 2020.


portfolio-update december 2019

I invested 303€ at EstateGuru* and in total 1.898€ are invested in 32 projects. IRR increase again slightly to 8,95%. (+0,28%). 

At EstateGuru* there is a 0,5% cashback for 3 months. I also receive the cashback and in addition 5€.

CONCLUSION: My investment at EstateGuru will be increased because the part of P2B (real estate) in my portfolio is still to low.

portfolio-update december 2019

In December I continued withdrawing money at Crowdestate* and so there are 1.482€ (-104€) invested. I didn’t trade at the secondary market and the IRR is therefore now at 5,95% (-0,28%). As I mentioned in the last portfolio update the payments for the project Baltic Forest X were stopped until summer 2020. Also you cannot trade the project on the secondary market anymore. Also some other projects have problems. Seems like a default will hit me.

Furthermore Crowdestate will withhold tax for Italian projects.

Unfortunately there is no referral link with cashback which I could forward to you. If you use my link*, I receive up to 17€ + 0,5% Cashback for 60 days.

CONCLUSION: Hold (because of long-term projects) and withdrawal of the repayments.

portfolio-update december 2019Go & Grow

The better product at Bondora* despite a cap of 6,75% is Go & Grow*. I mainly use it for a small part of my cash and will also use it for my side hustle and savings for insurence payments. Because of the withdrawals from time to time and the fee of 1€ IRR is at 5,68%. However, I do not want to miss the liquidity available here. In total 854€ are invested.

5€ are available for you at Bondora* right after registration. If someone wants to invest a larger amount, just send me a message because I get 5% of your investments and I share my bonus.

CONCLUSION: Without question I will increase my investment.

portfolio-update december 2019

IRR is at 3,82% in December at ReInvest24*. Strong increase! One project was paid back and the available money I transfered to EvoEstate. Now 393€ are left. I really like the business model of ReInvest24*, although the funding of projects takes much longer than on other platforms. To lower the effort I will invest over EvoEstate in ReInvest24* projects.

If someone wants to invest directly over ReInvest24* there is a 1% cashback (for me aswell) in the first year.

CONCLUSION: Hold and withdraw repayments.

 

portfolio-update december 2019

From month to month I like EvoEstate more. Hence I transfered another 753€ in December and now I’m invested with 2.180€ in 35 projects. Because interests are coming more regularly IRR is now at 0,97% (+0,51%). A few weeks ago I published a blog post about the project originators connected to EvoEstate. A good read is also the investors update Q4 from EvoEstate and the interview with CEO Gustas Germanvicius in the Lithuanian TV (English subs are available).

Meanwhile there are two different offers from EvoEstate:

    • 15€ as a start bonus on the platform with this link. You get the bonus after your first investment. For me there is 15€ aswell.
    • 0,5% cashback for 6 months with this link. It’s interesting if you plan to invest >3.000€ within 6 months. For me there is 0,5% + one-time 5€.

CONCLUSION: I plan to increase my investment on EvoEstate heavily and started with that January already.

portfolio-update december 2019

My second new platform in November was Boldyield*. Meanwhile the maritime transportation project with 12% is live and I’m invested with 500€. In total 700€ are invested on the platform. More information about Boldyield* you get in my interview. By the way all three available projects are still open for investments. On top interests are paid monthly from now on!

If your register through my link you receive a cashack of 0,5% for 6 months. I’m rewarded with 1%.

CONCLUSION: I really like the platform and the team. Also the projects are very interesting. Without question I will increase my investment on Boldyield*.

portfolio-update december 2019

Unfortunately this investment posibility is only for investors from Germany, Austria, France, Hungary, Ireland, Luxembourg and Switzerland (yet). I’m invested in a stock property (an existing building which is already rented) at Exporo* with 1.000€. The expected return is  4,5% and payments come in every quarter.

The next payment should come end of the year. 1.000€ are still invested and IRR is currently at 1,35%. The next payment will come soon.

Exporo* does also offers real estate development projects. Here everybody can invest. Maybe for diversification it’s interesting for you. There is also a chance that investments from Exporo are available on EvoEstate too.

By the way, Exporo* offers you 100€ as promo code (use ID 157135 during registration) for your first investment directly after registration. If you invest I receive also a 100€ promo code. 

CONCLUSION: I’ll check every new project, but so far there was not the right one for me.

portfolio-update december 2019

For me the loan portfolio at Bondora* consists only of red loans, I sold all other loans after 4 years of investing. Through the recovery process I hope that something remains. Of course I could sell them with high discount, but I’m not reliant on the ~335€. Therefore, the money stays where it is for the time being. If you want to know why IRR is negative I count the not payed money as interest charge within Portfolio Performance.

I can’t really recommend Portfolio Pro. If you stop putting in more money, the return drops very quickly into the basement. Although Bondora’s* recovery process is one of the best in the p2p industry, there are plenty of alternatives.

CONCLUSION: I have to wait and see if something comes back through recovery.


Affiliate/referral income

As I mentioned that I’ll be more transparent regarding income of affiliate sources. You have seen that I write down what I get in return if you using my links. Furthermore I will update you here about my affiliate income in December. I haven’t received it yet, normally I get it in the following months. But in total it’s 321,98€ distributed over 9 platforms. But minus Kuetzal, because the won’t pay for sure.

portfolio-update december 2019

Referral income I received from on the following platforms:

    • Boldyield: 5,61€
    • Bondora Go & Grow: 250€
    • EvoEstate: 30€
    • IUVO: 120€
    • TFGCrowd: 120€

Outlook 2020 & summary

PUH again! The great shadow of the Kuetzal failure lies over everything. Envestio doesn’t exactly contribute to more sun either. It will definitely be an interesting 2020.

P2P / crowdlending will continue to play a role and I will specifically increase the investment. However, I will do a lot more research than before. This means that when I inform about new projects on social media, I at least believe that risk and return are in balance. Should you blindly follow my personal opinion? Of course not! I can’t say it enough, please do your own due diligence!

Here is my distribution between the individual P2P / crowdlending classes:

    • 32,35% (-3,59%) P2P (Buy-back)
    • 40,50% (+0,16%) Crowdlending
    • 20,49% (+2,76%) P2B (Real estate)
    • 4,07% (-0,47%) P2P
    • 2,59% (+0,76%) P2P (Short-term)

portfolio-update december 2019

I hope you find my summary interesting. I’m always open to constructive criticism and proposals. See you in February for the next portfolio update!


Revolut -My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut. Since then I use the app for all financial transactions in the area of p2p/crowdlending and also in business context as freelancer with Revolut for Business*

After being skeptical at first I’m now a big fan of the app. The execution of transactions to the different platforms and also withdrawals is very fast. In addition  you can with the free Revolut VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut app. Also without fees (up to 6.000€ per month)!


About new projects on Twitter, Instagram and Facebook

On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (invest diversified) in which I invest myself. Also on Facebook I have a page. There are also a few insights into how I invest in other areas. So just follow me :).

*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!

Portfolio-Update November 2019

Hello everybody! 🙂 Welcome to my portfolio update in November 2019. Yeah I know it’s already mid December but end of the year is a very busy time in my full time job. In November I could increase my total portfolio slightly. Still there is a lot shifting around between platforms. This time I want to change things a bit and start with the last place of the IRR ranking. Also I try to be more transparent and tell you what I got from affiliate income in November. Here we go!


XIRR Table
PlatformIRRChange in % to previous monthInvestedChange in € to previous month
~10,92%~31.671€966,31€
Bondora*-2,62%- 2,95%346€9€
Boldyield*0,00%-114€14€
EvoEstate*0,46%+ 0,77%1.395€180€
ReInvest24*1,26%+ 0,18%490€-
Exporo*1,61%- 0,38%1.005€-
Bondora GG*5,90%-0,03%358€532€
Crowdestate*6,23%+ 2,85%1.586€9€
EstateGuru*8,67%- 0,75%1.580€5€
Crowdestor*8,99%- 0,51%5.508€748€
Viainvest*10,62%+ 0,16%1.065€10€
NeoFinance*11,59%+ 0,56%1.055€10€
Bondster*11,62%- 0,05%787€132€
PeerBerry*11,67%- 0,02%640€25€
IUVO*11,82%- 0,12%1.134€39€
Bulkestate*12,91%+ 12,76%1.293€78€
Mintos*13,13%+ 0,27%5.166€66€
Grupeer*13,16%+ 0,06%1.789€19€
Viventor*13,85%+ 2,23%80€50€
Envestio*17,26%+ 0,42%1.983€153€
Kuetzal18,78%- 1.730€-
TFGCrowd*20,05%-101,31€1,31€
Monethera*20,22%- 0,61%1.241€41€
Wisefund22,20%- 2,81%1.225€95€

Platforms

For me the loan portfolio at Bondora* consists only of red loans, I sold all other loans after 4 years of investing. Through the recovery process I hope that something remains. Of course I could sell them with high discount, but I’m not reliant on the ~346€. Therefore, the money stays where it is for the time being. If you want to know why IRR is negative I count the not payed money as interest charge within Portfolio Performance.

I can’t really recommend Portfolio Pro. If you stop putting in more money, the return drops very quickly into the basement. Although Bondora’s* recovery process is one of the best in the p2p industry, there are plenty of alternatives.

Boldyield* is one of my new added platforms. For now there are two real estate projects available with 14/15%. The 3rd project will be one I’m really looking for – a maritime transportation project. Hopefully it will be live in 2019. I’m invested with 217€ at the platform. If you want to know more about Boldyield* there is an interview on my blog.

There is a 0,5% cashback offer for 6 months at Boldyield* if you use my links. My reward is 1%.

The next platform is EvoEstate*. Again I added some money (180€) to the platform and now 1.395€ are invested in 27 projects. As the first interest payments have alread arrived IRR is now 0,46%. The payments are all from  rental projects, almost all equity and development projects pay at project completion. Some weeks ago I published a blog post in which I take a closer look at all project originators connected via EvoEstate. Also the website is shown in a fresh design now. And still there are more features incoming like the mentionend margin trading.

EvoEstate* offers you 15€ for a good start on the platform. The bonus will be there after the 1st investment. I’m also rewarded with 15€.

1,26% is the IRR in November at ReInvest24*. Still 490€ are still invested. The increase came from monthly payments of two projects. And I’m waiting for the payment of another two which are (partly) sold already. Also a new project will come this or next week. Finally! As I mentioned several times I will invest over EvoEstate in the future.

If you want to invest directly through ReInvest24* the platform offers a nice cashback promotion with 1% cashback (for me too) in the first year!

The next payment should come end of the year. 1.000€ are still invested and IRR is currently at 1,61%.

Unfortunately this investment posibility is only for investors from Germany, Austria, France, Hungary, Ireland, Luxembourg and Switzerland (yet). I’m invested in a stock property (an existing building which is already rented) at Exporo* with 1.000€. The expected return is  4,5% and payments come in every quarter.

Exporo* does also offers real estate development projects. Here everybody can invest. Maybe for diversification it’s interesting for you.

By the way, Exporo offers you 100€ as promo code for your first investment directly after registration. If you invest I receive also a 100€ promo code.

Go & Grow

The better product at Bondora* despite a cap of 6,75% is Go & Grow*. I mainly use it for a small part of my cash and will also use it for my side hustle and savings for insurence payments. Because of the withdrawals from time to time IRR is at 5,90%. However, I do not want to miss the liquidity available here. 

5€ are available for you at Bondora* right after registration. If someone wants to invest a larger amount, just send me a message because I get 5% of your investments and I share my bonus.

IRR increased to 6,23% at Crowdestate* mainly because of selling on the secondary market. 1.586€ are invested in loans with 13,5-17%. Again I withdrew the interests. This could happen more often in the future. As mentioned in my last portfolio update the payments for the Baltic Forest X are stopped until summer 2020. Furthermore, the project can no longer be traded on the secondary market. Also other projects had some troubles. It seems the Crowdestate* have been sleeping in case of due diligence. My other projects have paid the interest as planned. Just for your information Crowdestate* also offers now projects from Romania. 

Unfortunately there is no referral link with cashback I can forward to you. I’ll get up 17€ + 0,5% cashback for 60 days if you are using my link.

In November two new projects were added and I’m now invested in 28 projects at EstateGuru*. The IRR decreased slightly to 8,67%. As many projects pay the interest at project completion IRR will jump later on. For now I’m very satisfied because I have no defaults so far (knock on wood!).

At EstateGuru* there is 0,5% cashback for 3 months which I also get plus 5€.

I added 748€ to Crowdestor* in November and invested 500€ in a single project (Consumer Loan Portfolio Acquisition) with 24% for 12 months.
Because of that IRR is now at 8,99% but will jump for sure to 17% soon.

Finally the new UI design is live! Here are some impressions.

Why is the XIRR that low?  Now often the new projects have a slightly different structure, e.g. that the interests are accumulated and only payed after 6 months and so on.

Why did I increase the investment even further (compared to October)? My trust in the platform is really high and regarding the consolidation of platforms I would like to increase the share of crowdlending platforms. If you want to know more about Crowdestor, I recommend my interview. On the other hand, I would like to refer once again to the blog post by Georg from Crowdlendingrocks.eu. He has a very interesting Q&A with Janis and Gunars from Crowdestor with great insights on his blog.

With this link* you can get 1% on top for 180 days (1% for me aswell) on your investment!

The IRR at Viainvest* also increased slightly to 10,62%  and is moving closer to 11%. As a platform for diversification I can clearly recommend Viainvest and I will continue to invest here. Especially because you cannot find that much Swedish loans. In November Viainvest* introduced a fresh design.

For the start at Viainvest* there is a 10€ bonus. For this only 50€ need to be invested. I’m also rewarded with 10€ if you are register with my link.

IRR at NeoFinance* increased again to now 11,59% (+0,56%). I’m still happy with NeoFinance*, but it’s now clear that there will be definitely some defaults. To be exact there are red loans but I won’t count it as defaults for now because I’ve seen that they are paying from time to time.

The return calculated by the platform is now 18,44%. The deduction of 15% withholding tax is already incluced (can be reduced to 10% by the way).

NeoFinance* has a 25€ bonus for new investors. If you invest with my link I’ll get 5€ + 2% cashback for 2 months.

I added 132€ to Bondster* and now 787€ are invested. As a result IRR dropped slightly to 11,62% (- 0,05%). I have planned to increase to a total of 1.000€ in December. In times of the 10/11% loans on Mintos, Bondster is an excellent alternative because it offers a variety of loans up to 14% from at the moment 12 loan originators. Some of the are also known from Mintos or Grupeer.

Similar to Mintos there is a 1% cashback for you after 30, 60 and 90 days at Bondster*. I’m also getting 1%!

11,69% (+0,55%) is the IRR on PeerBerry. All short-term loans have now expired and only long-term loans are left in the portfolio. These are then transferred bit by bit elsewhere, so that sooner or later I withdraw completely from PeerBerry. As mentioned above the divestment is mainly (but not only) due to the consolidation of my platforms. Also the interest level on PeerBerry is around 11,5% at the moment so there are plenty of alternatives. Maybe I come back next year, who knows?!

PeerBerry* has introduced a loyalty bonus even if the requirements are very high:

    • 0,5% for 10.000€
    • 0,75% for 25.000€
    • 1% for 40.000€

Using my PeerBerry* link I get rewarded with 5€ + 1% from investments for 60 days.

 

IUVO P2P Investieren

IUVO comes to 11,82% (-0,12%) at 1.134€ investment. IUVO or the loan originators do not pay interest on late loans. Therefore, there is a difference between the XIRR and the return displayed in the dashboard (14,13%). Furthermore, everything is nicely reinvested.

    • For IUVO there are two different offers. For the first you can contact me because unfortunately it has to be done manually. You get up to 90€ for the start on the platform. 30€ are available for an investment of 1.000€, another 60€ for 2.500€.
    • With the 2nd offer (click on the banner) I would like to share my bonus of 200€ if you invest at least 1.500€ within 30 days and give away 90€.  So if you’re interested just send me a short message.

 

Bulkestate* made a huge jump to now 12,91% (1.293€). The reason was the early repayment of the Marijas Street project which should normally end mid March 2020. I received 77,32€ in interest. I will move the not invested money to other platforms but I don’t know which one yet.

I’m not going to increase my investment in Bulkestate for the time being. Initially, I had considered investing in Bulkestate projects through EvoEstate. But that doesn’t work out, which is why I leave my investment that way. So what is the reason? You can read about this in the EvoEstate – project originator overview blog post.

There is no bonus or cashback for new investors. Only I’ll receive 2% cashback within 120 days if you invest through my link

Mintos‘* IRR climbs to 13,13% and 5.166€ are invested on the platform. In November I didn’t withdraw any money. That’s the good thing.

The bad news is that more loan originators are in trouble now. For Rápido finance the secondary market activities were suspended. The Aforti story still isn’t over. On top of that the loans in Kosovo of the loan originators Iutecredit and Monego have no licence anymore!

Nonetheless Mintos is the biggest platform even if the have to be better in communicating such topics. What did I do? I adjusted my auto invests and excluded many loan originators and also won’t add new originators like Creditter right away.

If you want to invest on Mintos* there is an offer where you get a 1% bonus on the average investment at the start on the platform. This will be charged after 30, 60 and 90 days. I’ll get 12€ and also 1%.

I have 1.789€ invested at Grupeer* with an IRR of 13,13% (+0,03%). My funds were invested in some loans of the new originators. You can find the last month introduced originator rating here. Also there is stage 3 of the Impersky development project available and also a Swedish one. The Grupeer Santa is also a new campaign.

For DoZarplati loans there is a cashback of 0,5% available. Furthermore ther are many 14% loans of the other originators until January 12, 2020. If you use my link I get 1% cashback on your investments and 5€ on top.

80€ are left on Viventor*. To be exact eight loans from Aforti  IRR therefore jumped in November to 13,85% (+2,23%). I moved the money to Bondster and EvoEstate. You may think why I leave. Mainly it’s because of the communication in the Aforti case. It’s not really about the platform itself because the return is nice!

I you want to invest on Viventor* unfortunately there is only a bonus of 5€ and 1% for 30, 60 and 90 days for me as publisher.

Now we come to one of the problematic platforms in November – Envestio*. First of all I have to say until now every project pays on time. Always there were some projects which are somehow shady if I digged deeper, but in most of them I just didn’t invest.

In November there was a bigger change. The platform was acquired by the German business man Arkadi Ganzin. The Former COO Evgeniy Kukin is now general advisor and as new COO Eduard Ritsmann was introduced. You can read the official statement on the Envestio blog.

Digging deeper on the mentioned persons I have my concerns and I will now observing the situation on the platform. I’m not panicking and withdraw my money but I will not invest in new projects until things are clarified.

On the brighter side the raw numbers of Envestio look great. IRR increased to 17,26% (+0,42%) and I’m invested now with 1.983€. So I invested in two projects (before the acquisition was announced).

5€ are available as a bonus* at the start (100€ minimum investment) and also 0,5% cashback during the first 270 days. For me it’s 5€ + 2,5%.

The 2nd even more problematic platform is Kuetzal. So I won’t share my referral link until further notice.

Kuetzal’s raw numbers look great, too. Still an IRR of 18,78% with 1.730€ invested. Like Envestio the team change significantly and the now former CEO Alberts Cevers was replaced by Maksims Reutovs. Upon request Alberts had a job offer he had to accept. Also some some other members vanished from the team site. I asked the new CEO and he answered that they are involved in a separate project but still working with Kuetzal.

As I’m writing this blog post ExploreP2P did again a great job and published this article about the Kuetzal project Alborg Petrol. To summarize it the company looks like a fake company and now the question is how could that be possible. Did Kuetzal do any due diligence? Other critical points Jørgen Wolf described in his blog post which you should really read before investing. At least Kuetzal will now invite an independent auditor to have a deeper look in it.

 

Also in November I added TFGCrowd* as a new crowdlending platform. It’s for a longer period on my watchlist and finally I found time to made an account and invest into the first project. I also have a short review and interview with TFGCrowd which you might find interesting.

I already got the first interest payments for my project so the IRR jumps fresh of the start to 20,05%. I’m invested with 100€ in this project.

If you want to test out the platform you can use my link. I will receive 20€ as a bonus if you invest at least 100€.

Monethera* stays at 2nd place with an IRR of 20,22% (-0,3%). My total investment is 1,241€. In an interview with CEO Andis Tauber you can get more information about Monethera. 

You’ll get a bonus of 5€ at Monethera*. In addition 0,5% cashback on your investments in the first 180 days.
If you use the promo code investdiversified it’s extended to 360 days! I will also receive 5€ and 2,5%.

Same No. 1 like in October with an IRR of 22,02%. It will certainly decrease to 18-19%. I’m invested in all available projects with a total of 1.225€. For more information about the platform there is the interview with CMO Ingus Linkevics. I have high hopes in the platform and will increase my investments there in the next month.

Right now you cannot deposit money on the platform because they want to implement automatic payments. In the beginning it shouldn’t take that long but there will be more features coming with that update which caused the delay. As I spoke with Ingus he explained me the situation. Wisefund is not happy about the delay but in the end there are several nice features for the investors. An official update will come soon.


Affiliate income

As I mentioned that I’ll be more transparent regarding income of affiliate sources. You have seen that I write down what I get in return if you using my links. Furthermore I will update you here about my affiliate income in November. I haven’t received it yet. But in total it’s 272,68€ distributed over 9 platforms.

 

Outlook & Summary

Puh…it was a memorable November I think with all the problems of the different loan originators, platforms and projects.

So buy-back p2p decreased slightly and crowdlending increased again a lot. Overall, the distribution now looks like this in November:

    • 35,94% (-0,37%) P2P (Buy-back)
    • 40,34% (+4.70%) Crowdlending
    • 17,73% (-2.94%) P2B (Real estate)
    • 4,54% (-0,20%) P2P
    • 1,830% (-1,19%) P2P (Short-term)

As seen in the IRR ranking the crowdlending platforms are of course at the top. And Crowdestor* will also line up there. I haven’t thought it through completely but I think I will try to lower the share of consumer loans and invest more in the direction of asset-backed loans. So to be exact I plan to increase the share of real estate p2b in the next month with bigger investments in EstateGuru* and EvoEstate*. Let’s see if I can do this like planned.

I hope you find my summary interesting. I’m always open to constructive criticism and proposals. See you in January!


Revolut – My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut.

After being skeptical at first I’m now a big fan of the app. The execution of transactions to the different platforms and also withdrawals is very fast. In addition  you can with the free Revolut VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut app. Also without fees (up to 6.000€ per month)!


About new projects on Twitter and Instagram

On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (invest diversified) in which I invest myself. There are also a few insights into how I invest in other areas. So just follow me :).

*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!

UK crowdlending with TFGCrowd – Interview and review

Hello to another blog post on Invest diversified blog EN. After my interview and short review of Boldyield* I checked my watchlist and stumpled again over the crowdlending platform TFGCrowd*. The platform is around some time and there are plenty of projects available. That triggered me and I created an account on the platform and invested 100€ in my first project. That’s the minimum investment needed.


Platform

TFGCrowd* was founded in Estonia in June 2017 (registration number 14278391) and is part of the TFG conglomerate (The Financial Group Limited) which offers also other branches like the FCA regulated TFG Pay service. The platform is registered under the Estonian regulator authority.

Registration & Identification

In general the registration is like on other platforms. As investor you have to give your personal information, address etc. and verify this information with an id card. So no big deal!

Dashboard

At my first login I expected to see a dashboard right away. But instead the platform displayed the current open project. The Overview, how the dashboard is called at TFGCrowd*, is hidden in a menu under the investor’s name. It shows rudimentary numbers. The only available language is English.

uk-crowdlending-with-tfgcrowd-review-and-interview

Under My investements you can find more information like the scheduled payment plan. Here you can see also the expected monthly payments. The one with the green color is the first payment I received. Also the loan agreement is attached in this section.

uk-crowdlending-with-tfgcrowd-review-and-interview

Projects

Of course the interesting part of a crowdlending platform like TFGCrowd* are the projects the platform offers. The newest project for example is a business loan for a cosmeceuticals company from Switzerland. Most of the projects have a 6 to 12 months term. I prefer to invest in the ‘short-term’ ones because everything is getting more predictable. Interests are paid monthly.

uk-crowdlending-with-tfgcrowd-review-and-interview

The investors are called Backers which sounds somehow weird even if the word itself is correct. Like on some other platforms there is a minimum investment target and also a deadline.

uk-crowdlending-with-tfgcrowd-review-and-interview

Inside a project there is of course a project description and some more information like the purpose of a loan, images of e.g. a product. Also interesting are the documents attached to the description. My first project I invested in was the Indoor playground for kids and here you can find a business plan.

That’s it for a short impression. If time goes by and I decide to stay for a longer period on a platform and invest more of my money I’ll doing a longer review next year.


Interview
First of all thank you for the interview. Let’s start with a introduction of TFGCrowd. Can you say some word about the platform, the business model and the history?

TFGcrowd* is the business crowdlending branch of TFG (The Financial Group Limited), which has a number of companies dedicated to providing specific services in the conglomerate, the best known being TFG Pay a credit company authorized by the Financial Conduct Authority of United Kingdom (FCA).

Despite being registered since 2017, TFGcrowd recently opened its operations at the beginning of 2019 to any European investor interested in participating. We were inspired by belief in entrepreneurs that dream big and were motivated to make equity investment accessible, so businesses could harness the belief they get from customers, investors and friends to fuel a more wonderful tomorrow.

Could you introduce yourself and a the team for the readers?

Emil Kerimov – Founder and Executive President
Emil is an ambitious and audacious entrepreneur who has more than a decade of experience in financial institutions, during which he has successfully created and managed different startups across Europe.

Natalja Nikitina – Commercial Director
Natalja is a successful specialist in Business Management who puts all her experience and talent at the service of TFGcrowd in order to achieve the objectives set by the Company’s Management.

Elans Dimitrijevs – Business Development
With a double degree in International Business and Law, Elans contributes all his good work in the business development of the TFGcrowd team.

Vladislavs Ovcarovs – Technology Director
Specialist in Marketing and Information Technology, Vladislavs is the technology manager of this business crowdfunding company.

You have three offices. Are they specialized on project types?

We are headquartered in the UK, but have offices in other countries for our customers and investors convenience.

Could you give me a step-by-step example how a project comes to the your page (and how long that process is normally)?

We receive full package of information and documents that we need, then we carefully evaluate each borrower’s ability to repay the loan. We are examining the information about the borrower, his reputation, financial background and current commitments. Our expert team evaluates the business plans, financial reporting and loan security. Normally it takes 1-2 weeks, but the deadline may be extended if additional information is needed.

What if a project missed the funding goal? Do you invest your ‘own’ money to fill it up?

Typically, each project has a minimum and a maximum amount required. If we have collected at least the minimum amount, then the project will be launched. We do not have the right to invest our capital, as at present only private persons have such an opportunity.

How does the risk management work exactly?

Our main priority is 100% customer satisfaction and enabling the right choice for our investors. All deals (whether investment projects or property deals) are transparent, secure and are subject to any requirements specified by law. Our expert team has a risk rating for investment projects which is an expression of investment opportunity’s aggregated risk level, calculated as a sum of qualitative and quantitative evaluations of opportunity’s different parameters. Amongst other criteria, that rating considers investment opportunity’s capital structure, financial leverage, location, stage, cash flows, teams’ track record, collaterals etc.

Do you want to release features like an auto invest?

We already have included that option into our next release of the website as the main keywords for the auto invest feature are comfort, speed and automatization. Auto invest ensures our investors will not miss an investment opportunity due to high demand and the investment will be placed based on their chosen criteria automatically, without having to stress about it.

Minimal investment is about 100€. Do you think about lowering it?

The minimum amount you can invest is 100 EUR and there are no future plans to lower it.

In September you introduced a buy-back fund for cases of default like Crowdestor. What if there is a default and the fund is empty at some point. What happens in such a situation?

More than that, now we offer Buyback Guarantee EXTRA! You already know that here at TFGcrowd we provide a Buyback Guarantee from the TFG Buyback Guarantee Fund for projects market with Buyback Guarantee. We are now taking another step towards even safer investments for our investors and setting up Buyback Guarantee EXTRA for all the projects currently open for investments on our platform. This buyback guarantee will be provided directly from TFGcrowd funds (not the Buyback Funds or the Loan Originator’s funds);

Do you have plans for a secondary market?

The same as with Auto Invest function we already have included that option into our next release of the website.

How do you invest personally?

Like anyone else we evaluate the risks and the opportunity to earn.

What are your plans for 2019/2020? And what is the next milestone?

Business customers, auto invest and secondary market

At the moment there are no options to invest from a company’s account, only private investors have that opportunity.


My thoughts

TFGCrowd* is unique in that way that they physically have an office in UK. And at least one person sits there. Also the projects are somewhat interesting. Never saw cosmeceuticals projects on a crowdlending platform so far. What I also like is the project term of around 6 months, which I will focus on, and of course the high yields. That’s at least enough to find the way in my portfolio for a trial period. 

I’m sorry that there is no bonus which I can forward to you. To make it transparent: I’m getting 20€ if you invest at 100€. So if you are interesting in trying out a new platform, you can use my links. And if not I’m not mad at you 🙂 Anyway thank you for reading so far! See you next time!


Revolut – My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut.

After being skeptical at first I’m now a big fan of the app. Transactions to the different platforms and also withdrawals are executed very fast. In addition  you can with the free Revolut VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut app. Also without fees (up to 6.000€ per month)!


About new projects on Twitter and Instagram

On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016), Instagram (invest diversified) and Facebook in which I invest myself. There are also a few insights into how I invest in other areas. If you are interested I would be glad if you follow me.

 

*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!

Boldyield – High yields? – Review

With Boldyield – High yields? – Review I would like to introduce you to a very fresh platform that just was launched. It’s Boldyield* which is registered in Estonia, but with its head office located in Riga, Latvia. It is a crowdlending platform that focuses on three areas. Real estate and business loans, as we already know from other platforms. However the third area is new which is why I am so interested in Boldyield*. This area is maritime transportation. Also real estate loans open up opportunities for diversification. For example, the first project is a real estate development from Norway.

Platform & Team

Boldyield* was founded by the former Chief Business Development Officer of Grupeer, Edgards Mass, in April 2019. There is once the Boldyield SIA (Registration No. 40203207715) and Boldyield OÜ (Commercial Register No. 14720152). Arturs Sneiders as Head of Legal and Aivars Locmelis as Board Advisor are still on board. Also coming from Grupeer is Marketing & Communications Manager Viktorija Bondarjonoka which was my contact for the interview and answered all of my questions very quickly.

The Boldyield team

Image 1 of 1

In total the team has up to 25 years of experience in real estate and business loans as well as in maritime transportation.

Registration & Identification

Registration is actually standard and should be feasible for everyone. In order to identify both sides of the id card and a confirmation of the address (e.g. electricity bill etc.) have to be uploaded.

Only the personal pin code, which is necessary to confirm an investment, is important. This can be generated or edited under ‘Profiles’ and ‘My Profile’.

Dashboard

The dashboard

Image 1 of 1

Boldyield* starts in English only. But that should not be a problem. Further languages will follow. The website is still very simple and the design is in maritime blue. In the dashboard you get the usual information. It is quite nice that accrued interests  are also displayed.

Projects

So far one project is available. As already described, it’s a real estate development in Norway. Grupeer once had Norwegian development loans, but besides that I don’t know other platforms with Norwegian loans. That’s why it’s a good chance for me to diversify further.

Rough project overview

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14% for 10 months is probably the most important information for investors. Furthermore, the project overview provides information about the minimum and the maximum amount to be financed. The project details show a little more information and also offer a detailed project description.

Detailed project overview

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A very interesting point for investors is at the bottom of the project description. Possible exit opportunities are listed there.

 

Possible exit strategies

Image 1 of 1

That’s it for a first very rough summary of the Boldyield* platform itself. Let’s continue with some answers to my questions.

Interview
What do you think is the USP compared to other platforms?

The main USP is that all of our projects provided will be asset-based. As well as the possibility to invest in 3 different industries such as Maritime Transportation, Real Estate and Business Financing within one marketplace. As I know, no one from the Baltic region market players provides investment opportunities in Maritime Transportation as here we are talking about dry bulk cargo vessel class as the general, which has proved most of the stability through even tough years.

Could you give me a step-by-step example how a project comes to the your page (and how long that process is normally)?

Sure, the whole review process is divided into 2 parts: preliminary and final round. A preliminary round usually takes from 2 to 5 days and the final round depends on the complexity of the project, but usually, it takes from 2-5 weeks (considering that all necessary documents are prepared in advance).
The process starts with locating potential interest from our pool of contacts receiving first feedbacks and offers from them, as well as adding proactive activities to find new opportunities. After receiving the offer, we do preliminary checks, where the basic information is reviewed and our independent calculations are made. If this offer meets the standards of our approach, we continue the onboarding process. Further, we request detailed information. When appropriate, we order a independent 3rd party opinion, even more competent in the necessary field. Summarizing all perceived data and making certain decisions, we agree on the final terms with the borrower. Additionally, on our website, we have a “Offer” section with the form, made for collecting offers from the borrowers.

Do you plan to release features like an auto-invest?

Yes, an auto-invest is the feature we are looking forward to implementing in the future. But our first priority is to find and keep the balance of demand and supply as from the beginning there will be no new projects each week. 

The minimal investment is about 100€. Do you think about lowering it?

The minimal investment will vary from project to project. As for the first one- it will be 100€. This information will be available in the description of each project. 

You have no buy-back fund for defaults like Crowdestor or other platforms. Do you plan with such features?

Instead of that we already are operating with asset-based projects, so even in case of default, there is a limited opportunity to lose money. Also, we have other ideas, how investors’ funds will be secured even more, but that is a question of the near future.

If I want to sell my projects, that isn’t possbile at the moment. Do you have plans for a secondary market?

As you can see, section 8 in our Terms&Conditions is for the secondary market, therefore yes, we are planning to add it as well, but it is not planned in the nearest future as we would like to have the market response first, to see how everything will run and how fast/slow projects will be financed. Whenever we will feel that there is a demand for it, the secondary market will be delivered. 

What are your plans for 2019/2020? And what is the next milestone?

Until the end of 2019, our target is to onboard and get financed 2-3 projects and for 2020 we want to stabilize our operations: project and new investors’ flow; As we have in plans to launch many interesting projects for investments, 2020 is going to be the year of BOLD.

My assessment

As already mentioned, I find the platform very interesting for reasons of diversification. I already have Finnish real estate in my portfolio (via EstateGuru*) but not yet Norwegian ones. Maritime transportation projects are also something I haven’t seen so far on other platforms. With the 100€ minimum investment, I will invest slowly and see how Boldyield* develops in the next months.

Bonus

As the platform is new to the market and wants to attract investors, Boldyield* offers new investors an additional 0,5% on their investments. This offer is valid until 30.04.2020. After that the bonus will be reduced to 0,3%.


Revolut – My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut.

After being skeptical at first I’m now a big fan of the app. Transactions to the different platforms and also withdrawals are executed very fast. In addition  you can with the free Revolut VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut app. Also without fees (up to 6.000€ per month)!


About new projects on Twitter and Instagram

On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (invest diversified) in which I invest myself. There are also a few insights into how I am invested in other areas. If you are interested I would be glad if you follow me.

 

*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!

Portfolio-Update October 2019

Hello dear investors,
portfolio-update-october-2019
today the portfolio update October 2019 is on the agenda. What has happened in my portfolio? Well, if you look at the total amount it’s less than in September. However, there have been some redeployments as part of my platform consolidation. What exactly was moved from where to where and why I would like to describe in the following blog post.


XIRR Table
portfolio-update-october-2019
PlatformXIRRChange to previous monthInvested
Wisefund25,01%- 1,85%1.130€
Monethera*20,83%- 0,43%1.200€
Kuetzal*18,78%- 0,49%1.730€
Envestio*16,84%- 0,40%1.830€
Grupeer*13,10%+ 0,60%1.770€
Mintos*12,86%+ 0,26%5.100€
IUVO11,94%- 0,32%1.095€
Bondster*11,67%- 0,18%655€
PeerBerry*11,69%+ 0,55%665€
NeoFinance*11,03%+ 0,68%1.045€
Viainvest*10,46%+ 0,26%1.055€
Crowdestor*9,50%+ 0,31%4.760€
EstateGuru*9,42%+ 3,26%1.575€
Viventor11,62%+ 3,78%130€
Bondora GG*5,93%-0,17%890€
Crowdestate*3,38%+ 1,66%1.595€
Bondora*0,33%- 3,11%355€
ReInvest241,08%+ 0,22%490€
Exporo*1,99%+ 1,99%1.005€
Bulkestate*0,15%+ 0,02%1.215€
EvoEstate*-0,31%+ 1,53%1.215€

portfolio-update-october-2019

Wisefund confirms his 1st and now comes to an XIRR of 25,01%. The XIRR is now likely to fall further, adjusting somewhere at 18-19%. I have now invested in 13 projects at Wisefund. Three projects are not yet fully funded and are suitable for a first investment. My investment in the individual projects is 50-200€. In total I’m invested at Wisefund with 1.200€. For more information about the platform, read the interview with CMO Ingus Linkevics.
portfolio-update-october-2019

The No. 2 in the XIRR ranking in October is also Monethera with an XIRR of 20,52% (-0,74%). I’m invested in all available projects, in total 12, with 50-175€. Also on this platform I am now with 1,200€. By the way the project ‘Transportation of lumber‘ was successfully repaid when writing this blog post. In an interview with CEO Andis Tauber, you can get more information about Monethera.

At Monethera* with my link you get 5€ as a starting bonus and 0,5% cashback on your investments in the first 90 days.
portfolio-update-october-2019

3rd place also goes in October with 18,78% (-0,49%)  to Kuetzal. Other than in September there were enough projects this time and I was able to invest in 4 of them. A total of 1,730€ has now been invested there. Kuetzal runs completely silent and interests are paid on time. That’s how it can go on!

The Kuetzal link gives you 0,5% cashback on your investments for 180 days.

4th place also remains unchanged and goes to Envestio with an XIRR of 16,84% (-0,40%). Interest at Envestio are paid on time. In October two new projects were added and also a few old ones, as know from Envestio in several tiers. In total, there are now approx.  1.830€ invested.

5€ are available as a bonus* at the start (100€ minimum investment) and also 0,5% cashback during the first 270 days.

Also in October, 5th place goes to Grupeer again. The XIRR is now 13,10% (+0,23%). After the three new loan originators from Kenya (e-Mkopo), Latvia (Sauleskredits.lv) and Great Britain (Cubefunder) in the previous month, Epic Cash (Russia) and Lion Lender (Russia) were also added in October (incl. cashback). In addition, Grupeer has introduced a rating of its loan lenders, which you can read here.

After my thoughts to increase the investment at Grupeer I did it and moved a part from Mintos to Grupeer. So now I come to approx. 1.770€.

Until November 17th there is  with is still a 1% cashback on your investments at Grupeer with my link.
portfolio-update-october-2019

Mintos also holds its place in the XIRR ranking and still stands at 12,86%. As mentioned and despite my announcement not to withdraw any money, I have money transferred to Grupeer. This also benefits diversification.

Unfortunately there were negative news. It seems that the loan originator Rápido finance have some bigger problems. I didn’t have any of their loans in my Mintos portfolio. Also the Aforti story isn’t over. There was also a adjustment of the loan originator ratings at Mintos. But there is still some positive news. The Ukranian loan originator Dinero is now also paying interest on late payments.

Mintos* offers you a 1% bonus on the average investment at the start on the platform. This will be charged after 30, 60 and 90 days.

IUVO comes to 11,94% (-0,32%) at 1.095€ investment. IUVO or the loan originators do not pay interest on late loans. Therefore, there is a difference between the XIRR and the return displayed in the dashboard (14,14%). Furthermore, everything is nicely reinvested.

By the way, IUVO offers you up to 90€ for the start on the platform. 30€ is available for an investment of 1.000€, another 60€ for 2.500€. If you’re interested just send me a short message. Unfortunately a small manual interaction is required.

11,69% (+0,55%) is the XIRR on PeerBerry . All short-term loans have now expired and only long-term loans are left in the portfolio. These are then transferred bit by bit elsewhere, so that sooner or later I withdraw completely from PeerBerry. As mentioned above the divestment is mainly (but not only) due to the consolidation of my platforms. 

PeerBerry* has introduced a loyalty bonus even if the requirements are very high:

    • 0,5% for 10.000€
    • 0,75% for 25.000€
    • 1% for 40.000€

Bondster* continues to grow nicely. Currently approx. 655€ are invested. As part of the consolidation of my platforms, PeerBerry has been reduced and Bondster* has been increased. As a result the XIRR drops slightly to 11,67% (- 0,18%). I have planned to increase to a total of 1.000€.
The platform is ideally suited for diversification!

The XIRR continues to climb to 11,03% (+0,68%). I’m still happy with NeoFinance, but it’s now clear that there will be definitely some defaults. The return calculated by the platform is now 18,31%. There is a deduction of 15% withholding tax (can be reduced to 10% by the way). I now have three default loans that I could sell to NeoFinance which I won’t.

NeoFinance* has a 25€ bonus.

The XIRR at Viainvest is 10,46% (+0,26%) and is moving closer to 11%. As a platform for diversification I can clearly recommend Viainvest and I will continue to invest here.

For the start at Viainvest* there is a 10€ bonus. For this only 50€ need to be invested.

Crowdestor* provides every month highlights with interesting and slightly different projects. The financing of a fur farm, which has already filed for bankruptcy, has caused an uproar. Nevertheless, Crowdestor is very confident about recovery. Also in October I invested a little more, but not quite as much as in September. Nevertheless, I now come to 4.770€ investment with an XIRR of now 9,50% (+0,31%).

Why is the XIRR that low?  Now often the new projects have a slightly different structure, e.g. that the interests are accumulated and only payed after 6 months and so on.

Why did I increase the investment so much? The reasons for this is, on the one hand, increased trust in the platform and the mentioned consolidation in which I would like to increase the share of crowdlending platforms. If you want to know more about Crowdestor, I recommend my interview. On the other hand, I would like to refer to the blog post by Georg from Crowdlendingrocks.eu. He has a very interesting Q&A with Janis and Gunars from Crowdestor with great insights on his blog.

With this link* you can get 1% on top for 180 days on your investment!

At Viventor* only approx. 130€ are left. So my withdrawal is almost complete. Of course the XIRR increases due to sale to 11,69% (+3,78%) . The money was transferred to Bondster and EvoEstate.

I’m now invested in 26 projects at EstateGuru*. The XIRR is at 9,42% (+0,29%) increased to 1.575€. Also in October I was able to trade a little bit at the secondary market. As part of the consolidation I will continue to increase at EstateGuru.

At EstateGuru* there is 0,5% cashback for 3 months.

Go & Grow

The better product at Bondora* despite a cap of 6,75% is Go & Grow*. I mainly use it for a small part of my cash. Since there are some debits taking place here and there and you have to pay a fee of 1€, the XIRR is slightly lower with 5,92%. However, I do not want to miss the liquidity available here. 

5€ are available at Bondora* right after registration. If someone wants to invest a larger sum, just send me a message (I share my bonus).

The problem child in October is definitely Crowdestate*. There are now a total of 1.600€ invested in loans with 13.5-17%. In September it was 1.700€, so I deducted 100€. This could happen more often in the future. The Baltic Forest X project now has very big problems so that payments are stopped until summer 2020. Furthermore, the project can no longer be traded on the secondary market. On the secondary market I was a bit more active in October and so the XIRR also increases to 3,38% (+1,66%). The other  projects have paid the interest as planned. 

For me the loan portfolio at Bondora* consists only of red loans, I sold all other loans after 4 years of investing. Through the recovery process I hope that something remains. Of course I could sell them with high discount, but I’m not reliant on the ~370€. Therefore, the money stays where it is for the time being.

I can’t really recommend Portfolio Pro. If you stop putting in more money, the return drops very quickly into the basement. Although Bondora’s* recovery process is one of the best in the p2p industry, there are plenty of alternatives.

1,08% is the XIRR in October at ReInvest24*. Of course the 2% fees per project have a negative influence. The first apartments have been sold at the buy-and-flip project Majaka 54. Round about 490€ are still invested at ReInvest24.

If you want to invest directly through ReInvest24* and not like me via EvoEstate*, the platform offers a nice cashback promotion with 1% cashbackin the first year!

Exporo made the first quarterly distributions. I invested there with 1.000€ and was happy about a 7€ gross dividend. This means that the XIRR is currently at 1,99%. It’s possible that one or the other suitable objects will be added. However I think I’ll invest more in the REIT direction.

Unfortunately this investment posibility is only for investors from Germany, Austria, France, Hungary, Ireland, Luxembourg and Switzerland. (yet). I am invested in a stock property (so an existing building which is already rented) at Exporo* with 1000€. The expected return is expected at 4,5% and payments come in every quarter. However, I would like to expand the investment in the future.

Exporo* does also offers real estate development projects. Here everybody can invest. Maybe for diversification it’s interesting for you.

By the way, Exporo offers you 100€ cashback for your first investment.

1.250€ are invested on Bulkestate*. September was really quiet except the second payment of interest of a project. Therefore XIRR jumps to 0,10%. I want to mention that almost all projects are final. In the event that there are no defaults (which I hope so, of course), the return is expected to be around 15%.

I’m not going to increase my investment in Bulkestate for the time being. Initially, I had considered investing in Bulkestate projects through EvoEstate. But that doesn’t work, which is why I leave my investment that way. So what is the reason? You can read about this in the EvoEstate – project originator overview blog post.

The last platform is now EvoEstate*. In September I still had about 625€ invested on the platform. This has now been almost doubled to 1.215€. The second market announced in the interview and my buy at the secondary market is still responsible for the negative return of now -0,32%. However, I have already received the first interest payments from three projects. I also recently published a blog post in which I take a closer look at all project promoters connected via EvoEstate.

Many more project originators  will be added (the project originator overview will then be updated) and in the near future also interesting features such as e.g. margin trading and a new design.

All in all I’m very satisfied with the development of the platform and I think you can still get ready for a lot more :).

EvoEstate* offers you 15€ for a good start on the platform. The bonus will be there after the 1st investment.


Outlook & Summary

The share of buy-back p2p platforms was significantly reduced as planned and the crowdlending platforms were increased in return. Overall, the distribution now looks like this:

    • 35,94% (-6,81%) Buy-back P2P
    • 35.64% (+6.87%) Crowdlending
    • 20.67% (+2.15%) Real estate P2B
    • 4,74% (-0,16%) Real P2P
    • 3,02% (-2,04%) ‘Short-term’ P2P

As seen in the XIRR ranking the crowdlending platforms Wisefund*, Monethera*, Kuetzal*, Envestio* are of course at the top. And Crowdestor* will also line up there. A new platform will be added soon. In the coming months I would also like to strengthen the real estate p2b platforms with EstateGuru* and EvoEstate* without completely neglecting the buy-back p2p platforms.

I hope you find my summary interesting. I am always open to constructive criticism and proposals. See you next months!


Revolut – My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut.

After being skeptical at first I’m now a big fan of the app. Transactions to the different platforms and also withdrawals are executed very fast. In addition  you can with the free Revolut VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut app. Also without fees (up to 6.000€ per month)!


About new projects on Twitter and Instagram

On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (invest diversified) in which I invest myself. There are also a few insights into how I am invested in other areas. So just follow me :).
portfolio-update-september-2019

*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!

EvoEstate – project originators overview

A while ago I was able to conduct an interview with Gustas Germanavičius, the co-founder of EvoEstate, and presented the platform briefly. A lot has happened since then. A secondary market has been added, many new projects and above all  many new project originators were connected. Some of them are certainly known such as Brickstarter, Crowdestor or ReInvest24. Others, however are completely unknown to new investors. In this blog post I would therefore like to shed some light on these and give an EvoEstate project originators overview.

Spanish project originators

As you can see from the graph the majority of the project originators are Spanish companies. Directly followed by the Baltic project originators. This should be taken into account if you want to build a diversified portfolio at EvoEstate.

Brickbro is one of the smaller project originators based in Barcelona. Brickbro specializes in fix & flip projects in the Barcelona metropolitan area and in the madrid area in the future. The company is still relatively young and was founded in 2018 by Guillermo Preckler. If you want to invest directly via Brickbro, a project-dependent minimum investment of 50€ to 300€ is required. In addition, you have to be a Spanish citizen in order to be able to invest at all. EvoEstate offers a unique opportunity here where the Brickbro parent company offers an opportunity to invest in their private deal. Usually this investment has a 50.000€ minimum ticket, but with EvoEstate you can invest from 50€.

Brickstarter is a little more well-known, but also a relatively young company (founded in 2017). The loan volume is similar to Brickbro. Brickstarter specializes in apartments in Seville, Alicante and Malaga, which are first rented out and later flipped. Their apartments are rented out in Airbnb and Booking.com platforms and generated attractive net 5-6% annual returns, but also with these returns investors participate in capital gains which are expected to be 2-3%. At Brickstarter directly, investors can invest in projects with just 50€.

For Brickstarter 0,5% cashback is available for 90 days.

The next Spanish project originator is called Civislend . Civislend was founded like Brickstarter in 2017. The platform specialises in development projects in the Madrid and Malaga area. This project originator is also one of the smaller ones, but is regulated by the National Securities Market Commision (CNMV). The same applies to Civislend as brickbro, and you can only invest through EvoEstate if you are not a Spanish resident. Civislend is considered a quality lender and their returns might not be the highest (6-8% annualy), but they carry out a high quality research. As well if you compare it to Housers, their fees for the borrowers range between 3-4%, housers 7-9%. Which means that Civislend’s borrowers borrow for 10-12% intrest rate, while Housers for 17-20%. You see it’s a different risk level.

The largest connected project developer at EvoEstate is Housers. The company was founded in 2016 and was the first real estate platform in Spain. To be precise, Housers is a marketplace. It can invest not only in Spanish loans, but also in development loans from Italy and Portugal. You can also invest with Housers from 50€.

EvoEstate lists only those Housers projects that have development licenses or are renovation projects. This has to do with the changed risk profile, because many of their projects are high risk, due to the borrowers’ interest rate explained before.

Also founded in 2016 was Inveslar – The Urban Investors. The platform has focused on the markets of Madrid, Barcelona, Valencia and the Costa Brava. On the positive side, there have been no failed projects since its inception and investors have not had any outages. At Inveslar, a minimum investment of 100€ is required. Inveslar from last month became regulated, as they are using Socilen regulatory umbrella. Inveslar as Brickstarter and Reinvest24 are directly the project owners. They have been in Catalonia’s real estate market for the last 30 years.

Propcrowd was founded in 2018 and is working with Forcadell. This company has over 60 years of experience in the Spanish real estate market. Propcrowd also requires a minimum of 100€.

At EvoEstate there was no Propcrowd deal so far. As soon as there is a project fitting the criteria, it will be offered at the platform.

Stockcrowd is the second largest project developer at EvoEstate. The Barcelona-based company was founded in 2015. They are also directly regulated by the CNMV. They provide sort of a small platforms to real estate developers and real estate investment funds- Brickbro is one of their clients, without the technical solution, they also provide the regulatory umbrella. To invest through Stockcrowd investors shall provide NIE/NIF which is only possible if you are a Spanish resident. However, with EvoEstate you can invest from anywhere in the world. Their investments are usually fixed-interest loans in Spain- mostly in Barcelona area.

Urbanitae (founded in 2017) is a project originator that is directly regulated by the CNMV. Spanish residentship is necessary in order to be able to invest directly in Urbanitae. Urbanitae specialises in new developments in Madrid area, the form of investment is equity- meaning highest risk / highest returns. Their target returns rate is 14-15% annual returns. The minimum investment on their platform starts from 500€, while investing through EvoEstate you can do it just for 50€.


Baltic project originators

The Baltic project originators from Estonia, Latvia and Lithuania are the second largest group. Three of them are already known to many investors. The other two not, at least for me.

The Latvian platform has focused on buying whole apartments, renovating them and then selling the individual apartments. Since its foundation in 2016, Bulkestate has had no defaults and many successful projects. With as old as 50€ you can invest directly at Bulkestate, if you want to. It should be noted that almost all projects are final. In the future, however, there will also be more projects that pay monthly interest. That’s the positive thing.

The negative thing is that there will be no more Bulkestate deals at EvoEstate anymore. Mainly it’s because the deals doesn’t fit the skin-in-the-game criteria of EvoEstate.

But a thing that has really brought to them concerns, was that Bulkestate has been financing their own deals, switching mortgages without providing the necessary documents to help investors make informed decisions. 

When EvoEstate has ordered documents about their companies from the state registry they have found complicated ownership structures and they were reluctant to explain why have they chosen to do it this way. That’s the reason why EvoEstate will not offere Bulkestate deals anymore.

Yes, my favorite platform Crowdestor is also represented at EvoEstate. To be precise, one could invest in the ‘Industrial business center Tvaikonis’. Gunars and Janis founded Crowdestor 2018 and the platform has a steep track of success. Not for nothing is Crowdestor the second largest platform in my portfolio after Mintos.

By the way there is a special deal with my link. 1% cashback on your investments in the first 180 days.

However, it’s important to note that EvoEstate does not take all their deals for financing, where they find too high risk or lack of documentation to make proper financial analysis.

Projects from the Nordstreet project originator are more common at EvoEstate. Three projects have already been successfully repaid at EvoEstate. There are many more successful projects to be found directly on Nordstreet. The platform was founded in Lithuania in 2018 and investors can invest in real estate projects as early as 100€. Projects from Lithuania and Vilnius are mainly financed. An interesting exception, however, was a property from North Carolina, which was also listed on EvoEstate. Nordstreet is directly regulated by the central bank of Lithuania and is the 2nd largest platform in Lithuania. 

Another rather unknown project originator is Profitus. The lithuanian-based company was founded in 2017 and mainly finances projects from the Lithuanian cities of Vilnius, Kaunas and Palanga. Like Nordstreet, Profitus is regulated by the Central Bank of Lithuania.

EvoEstate will finance deals from Profitus which fit their skin-in-the-game philospohy.

If you look at the lower end of my XIRR ranking, you will also find ReInvest24 there. Responsible is the 2% fee per project. Nevertheless, the business model of the Estonian platform is, in my opinion, very good. They specialize in real estate projects, which are either renovated and then rented out or even sold through. ReInvest24 was founded in 2017, but the team has a long experience (since 2005). On the platform you have to invest at least 100€.


German project originators

Germany and the real estate market there are also represented at EvoEstate. Although only two platforms have been used so far, this will change in the future.

One of the most famous German platforms is certainly Bergfürst. The Berlin-based company was founded in 2011 and finances projects from Germany, Austria and Spain. On EvoEstate, Bergfürst is the second largest project operator. There you can invest from 10€ by savings plan.

Rather unknown, at least for me, is iFunded. Founded in 2015, the Berlin real estate agency focuses mainly on Berlin real estate. The portfolio also includes those from Erfurt or Leipzig. Most projects are subordinated loans, but there are also loan receivables and bonds. The available projects have a return of 5-7% over a term of one to five years.


Project originators from Great Britain

The UK is also represented by EvoEstate with two platforms. What is exciting is how the whole thing will behave with Brexit. EvoEstate informed that they shall launch the UK dealflow as soon as they implement internal currency exchange tool.

Founded in 2015, Blend specializes in growth projects with up to 15% return on investment. For this, however, investors must also put at least 1,000 Pounds on the table.

The Birmingham-based investment consultancy was founded in 2013 by current CEO Mike Bristow and is regulated by the Financial Conduct Authority (FCA). Crowdproperty has a mega track record. The minimum investment on the platform is £500.


Dutch project originators

Our neighbour is also represented with a platform.

evoestate-project-originators-overview

Max Crowdfund was founded in Rotterdam in 2015 and is the first Dutch crowdfunding platform for real estate in the country. The platform can already have 75,000 users, who can invest between 100€ and 1000€ depending on the project.


Italian project originators

The smallest project operator called Re-Lender comes from Italy (founded in 2018) and can only boast a single project of €400,000. Two more projects are expected to be added soon. However, it remains to be seen how the whole thing will develop. In the blog of EvoEstate, Re-Lender was introduced in more detail.


Facts

Let’s take a look at the different types of loans. Development loans represent the largest part. There are a variety of different types of credit. Personally, I find buy-to-let, buy-to-sell and buy-to-let-then-flip the most exciting.

As with many real estate projects, there is of course a large proportion of final projects. This must, of course, be taken into account if we want to diversify sensibly. However, the proportion of projects that pay monthly or partly monthly is still quite high.

The following diagram shows project starters after the loans granted. It is striking that many Spanish project originators have rather lent smaller amounts of credit. Apart from Housers.


Summary

A total of 19 platforms are now connected via the EvoEstate aggregator platform. And to anticipate it, it won’t be the last. In my opinion, EvoEstate offers above all the opportunity to invest in the southern European real estate market. But the Baltic states, Great Britain and Germany are also covered. In addition, there are 16 different types of credit. True to my motto ‘Invest diversified’ nothing stands in the way of maximum diversification.

If EvoEstate is worth a look my link gives you a starting bonus of 15€.


Revolut – My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut.

After being skeptical at first I’m now a big fan of the app. Transactions to the different platforms and also withdrawals are executed very fast. In addition  you can with the free Revolut VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut app. Also without fees (up to 6.000€ per month)!


About new projects on Twitter and Instagram

On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (invest diversified) in which I invest myself. There are also a few insights into how I am invested in other areas. So just follow me :).

 

*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!

Portfolio-Update September 2019

Hello dear readers,
portfolio-update-september-2019
today I would like to write about my portfolio update for September 2019.  My portfolio has grown to almost 30.000€. After 2.100€ in August it was even more in September. In fact, almost 2.800€ were investen on various platforms. Which ones? You can read this in the blog post below. 

XIRR Table
portfolio-update-september-20192019

PlatformXIRRChange to previous monthInvested
Wisefund26,86%+ 16,07%1.000€
Monethera21,26%- 0,11%1.000€
Kuetzal19,07%+ 0,96%1.345€
Envestio16,29%+ 1,07%1.700€
Grupeer12,87%+ 0,37%1.250€
Mintos12,60%+ 0,18%6.460€
IUVO*12,18%- 0,10%1.085€
Bondster11,85%- 0,45%635€
PeerBerry11,14%+ 0,01%960€
NeoFinance10,35%+ 1,16%1.035€
Viainvest10,20%+ 0,37%1.045€
Crowdestor9,19%- 1,66%4.170€
EstateGuru9,13%+ 2,97%1.435€
Viventor7,84%+ 0,91%515€
Bondora GG6,10%+ 0,02%1.440€
Bondora3,44%- 4,64%360€
Crowdestate1,72%- 0,40%1.700€
ReInvest240,86%+ 3,50%600€
Bulkestate0,13%+ 0,13%1.215€
Exporo0,00%1.000€
EvoEstate- 1,84%- 1,84%615€

portfolio-update-september-2019

Wisefund

The biggest news first. There is a new 1st place in the XIRR ranking. Namely Wisefund. Also due to the cashback, the platform comes to massive 26,86%! 4 out of 7 projects have already paid interest and the free 670€ from last month I could invest in 3 new projects. Incidentally, one of them is not yet fully funded, thus providing the opportunity for a first investment. In total, I am involved in all available projects with 50-200€. So I’m curious to see how the platform deleops in the future and whether new projects will be added at this pace. For more information about the platform, read the interview with Ingus Linkevics.
portfolio-update-september-2019

Monethera

I have also increased my investment in Monethera to 1.000€. 125€ are currently still available for new projects. I’m invested in all projects with 50-175€. These are published regularly and are sometimes let’s say special. For example you could invest in a full-service luxury transport company for VIPs. A first real estate project is also available for investment. There is a change of -0.11% in the XIRR ranking, but this still means 21,26%. In an interview with CEO Andis Tauber you can learn a little bit more about Monethera. In addition, Thomas of p2p-game.com (only available in German) had an even closer look at the platform. I’ts worth reading!

At Monethera, you’re going to get 5€ as a starting bonus and 0.5% cashback in the first 90 days on your investments.
portfolio-update-september-2019

Kuetzal

3rd place with 19.07% (+0.96%) goes to Kuetzal. The interest is paid perfectly. Unfortunately, there was no buy-back project in September. That is why I have invested the money elsewhere. Only yesterday, however, there was another big project with a strong 20% for 24 months. In the next few weeks Kuetzal will have other projects with 16-20%..9

Envestio

Envestio is 4th and was able to increase again by 1.07% compared to August. This accounts for 16,97%. This exceeds the forecast 16% in a positive sense. The interest at Envestio is all paid on time. I was able to increase the investment volume by 365€ and now comes to approx. 1,715€ on the platform. In September I was able to invest in 5 new projects (13 in total).

5€ is available as a start bonus (at 100€ minimum investment) and also 0,5% cashback during the first 270 days.

Grupeer

After four crowdlending platforms the next place goes to Grupeer which was able to increase again.  The XIRR now stands at 12,87% (+0.37%). Grupeer is growing steadily and three new loan originators from Kenya (e-Mkopo), Latvia (Sauleskredits.lv) and Great Britain (Cubefunder) have recently been added. There is also a cashback action with 1% for the loans of the new loan originators.

I am also considering my investment of approx. 1,260€ in the near future because I believe that the platform is developing positively. If Grupeer now delivers the features on the roadmap, that would be great of course.
portfolio-update-september-201

Mintos

Mintos holds his place in the XIRR ranking. However, the decrease in interest rates caused some panic. I have adapted my auto-invests. The minimum is now 10%, which I will not undercut. Nevertheless I’m not going to withdraw any money, that just doesn’t make sense. Presumably the whole thing is a seasonal phenomenon again and interest rates will rise again. Furthermore, I am completely satisfied!

Also at Mintos some new newcomers were added and there are more news. The following is the brief summary:

  • Bulgarian Stikkredit joins Mintos (up to 12%)
  • Zenka Finance from Kenya joins Mintos (up to 12%)
  • E-cash from Ukraine as well (up to 11%)
  • Creamfinance now also offers Spanish loans (up to 10%)
  • Mogo offers Belarusian loans (up to 12%)
  • Aforti pays again!
  • Estonian provider ESTO now offers loans (up to 10%)

Mintos offers you a 1% bonus on the average investment at the start on the platform. This will be charged after 30, 60 and 90 days.

IUVO

IUVO* comes to 12,18% (-0.10%) at 1.085€ investment. IUVO* or the loan originators do not pay interest on delayed loans. Therefore there is a difference between the XIRR and the return displayed in the dashboard (14.12%). Furthermore, everything is nicely reinvested.

By the way, IUVO* offers you up to 90€ for the start on the platform. If you’re interested, just send me a short message. Unfortunately, a small manual intervention is required.

Bondster

Bondster grows and thrives. Currently, approx. 635€. As part of the consolidation of my platforms, PeerBerry has been reduced and Bondster raised for this purpose. As a result, the XIRR drops slightly to 11,85% (- 0,45%). I have planned to increase to a total of 1.000€.
The platform is ideally suited for diversification!

PeerBerry

11,14% (+0,01%) is the XIRR at PeerBerry. The auto-invest is set at 12% and the platform itself now shows 12,21%. As I have already announced, the free funds will be transferred to Bondster. The long-term car and real estate loans, which are expected to be worth 650€, will remain. These will be invested bit by bit elsewhere.

The divestment is mainly due to the consolidation of my platforms. However, PeerBerry also annoyed me a little with their little technical problems.

NeoFinance

The XIRR continues to climb to 10,35% (+ 1,16%). I am still satisfied with NeoFinance, but a real conclusion can only be drawn here when some time has passed. The return calculated by the platform is now 18,25%! And this despite the deduction of 15% withholding tax (can be reduced to 10% by the way). Meanwhile I have two loans which I could sell to NeoFinance, but I won’t do that.

At NeoFinance there is a 25€ bonus.

Viainvest

The XIRR at Viainvest also continues to rise to 10,20% (+0,37%) in September. Soon the 11% will be reached. I really can’t say anything negative about the platform. It just runs on its own. As a platform for diversification, I can clearly recommend Viainvest.

To start at Viainvest there is a 10€ start bonus. For this only 50€ need to be invested.

Crowdestor

Yes Crowdestor is still my favorite platform! And yet the XIRR drops to 9,19% (-1,66%). Whaaaat? A large part of my new investments were also transferred to Crowdestor in September and there are now more projects that pay interest only once a quarter or half-year. My investment at Crowdestor of just under 2,500€ last month, I increased in September at about  4,200€ massively. The reasons for this are on the one hand increased trust in the platform and the mentioned consolidation, in which I would like to increase the share of crowdlending platforms. If you want to know more about Crowdestor, I recommend my interview. On the other hand, I would like to refer to the blog post by Georg von Crowdlendingrocks.eu. He has a very interesting Q&A with Janis and Gunars from Crowdestor with great insights on his blog.

With this link you can get 1% on top on your investment!

EstateGuru

Now let’s move on to EstateGuru and the 21 projects I’m invested in. The XIRR is up 9,13% (+ 2,96%) and I have increased my investment to approx. 1,450€. The high increase in the XIRR is due to the introduction of the secondary market, where I was able to sell my late loans with a premium.

EstateGuru offers a special deal in October. 1% cashback is available on your investment in the first 30 days. If you register in October , e.g. on October 30th., the bonus is still available until November 30th.

Viventor

At Viventor, I am now on the retreat as announced. Nevertheless, the XIRR climbs to 7,84% (+ 0,91% compared to the previous month), but this is still meager. There are still approx. 515€, which will be repaid soon. Then I will probably move the free funds to Bondster.

Bondora Go & Grow

The better product at Bondora despite a cap of 6,75% is Go & Grow. I mainly use it for a small part of my cash. Since there are some debits taking place here and there and you have to pay a fee of 1€, the XIRR is slightly lower with 6,10%. However, I do not want to miss the liquidity available here. Especially in the current phase of the stock market, I am trying to build up somewhat larger cash reserves. In a separate blog post, I will explain my strategy regarding the stocks if someone is interested.

5€ are available at Bondora right after registration. If someone wants to invest a larger sum, just send me a message (I share my bonus).

Bondora

For me the loan portfolio at Bondora consists only of red loans, I sold all other loans after 4 years of investing. Through the recovery process I hope that something remains. Of course I could sell them with high discount, but I’m not reliant on the ~370€. Therefore, the money stays where it is for the time being.

I can’t really recommend Portfolio Pro. If you stop putting in more money, the return drops very quickly into the basement. Although Bondora’s recovery process is one of the best in the p2p industry, there are plenty of alternatives.

Crowdestate

Crowdestate has also increased. There are now a total of 1,700€ invested in loans with 13.5-17%. One project (Baltic Forest X) is a bit of a concern to me right now, because the interest payment has been postponed 3 times. Today, however, something came. Nevertheless, I have discontinued the project on the secondary market. 1,72% (-0,40%) is the XIRR in September. Crowdestate  will develop slowly, as some projects are final or pay interest only per quarter. Nevertheless due to the track record and the previous projects I’m very optimistic.

Bulkestate

1250€ are invested on Bulkestate. September was really quiet except the second payment of interest of a project. Therefore XIRR jumps to 0,13%. I want to mention that almost all projects are final. In the event that there are no defaults (which I hope so, of course), the return is expected to be around 15%. I will also increase my investment at Bulkestate (maybe over EvoEstate).

Exporo

Unfortunately this investment posibility is only for investors from Germany, Austria, France, Hungary, Ireland, Luxembourg and Switzerland. (yet). I am invested in a stock property (so an existing building which is already rented) at Exporo with 1000€. The expected return is expected at 4,5% and payments come in every quarter. However, I would like to expand the investment in the future.

Exporo does also offers real estate development projects. Here everybody can invest. Maybe for diversification it’s interesting for you.

By the way, Exporo offers you 100€ cashback for your first investment.

ReInvest24

0,86% is now actually accounted for by ReInvest24. Of course the 2% fees per project have a negative influence. The highlight in September was the early sale of the Luxurious rental apartment project. The result was really impressive. 24,36% ROI!! The dividends continued to be paid and the buy-and-flip project Majaka 54 is about to be sold soon. Almost 500€ is still invested. I have placed the repayment from the Luxurious rental apartment project at EvoEstate.

If you want to invest directly via ReInvest24 and not like me via EvoEstate, the platform offers a nice cashback promotion with 1% cashback in the first year!

EvoEstate

On EvoEstate I increased my investment to 625€. The aggregator platform for real estate loans is really interesting and now the second market announced in the interview has been published. The XIRR is now -1,84%, as I bought a loan with a bit of a premium. EvoEstate paid out the first interest on two projects in time for the end of the month.

In the coming weeks and months the number of supported platforms in which projects can be invested will increase significantly! So be curious.

EvoEstate offers 15€ for a good start on the platform.

Outlook & Summary

The crowdlending platforms again dominate the XIRR ranking. The new star is Wisefund, followed by Monethera. Directly behind them are Kuetzal and Envestio. Wisefund and Monethera will also settle at their level. Crowdestor continues to fall a bit because of my high investment, but that will change again. Grupeer and IUVO* continue to develop magnificently.  Mintos is holding firm despite falling interest rates. 

Viventor is about to be at 0€. PeerBerry is further downed and transferred to Bondster.

I hope you found my summary interesting. I am always open to constructive criticism and proposals. See you at the next portfolio update of October!


Revolut – My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut.

After being skeptical at first I’m now a big fan of the app. Transactions to the different platforms and also withdrawals are executed very fast. In addition  you can with the free Revolut VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut app. Also without fees (up to 6.000€ per month)!


About new projects on Twitter and Instagram

On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (invest diversified) in which I invest myself. There are also a few insights into how I am invested in other areas. So just follow me :).
portfolio-update-september-2019

Portfolio-Update August 2019

Welcome back!
portfolio-update-august-2019
Let’s continue with the portfolio update for August 2019. In August a lot of (re-)investments were made and two new platforms were added. But I’m also withdrawing my money on two other platforms. In total I have reinvested almost 2.100€ and the P2P portfolio has clearly broken my magic limit of 25.000€! Let’s take a closer look at the platforms.

XIRR Table
PlatformXIRRChange to previous monthInvested
Monethera21,37%+ 21,37%800€
Kuetzal18,11%- 0,40%1325€
Envestio15,22%+ 1,85%1350€
Grupeer12,50%+ 0,37%1240€
Mintos12,42%+ 0,41%6400€
Bondster12,30%+ 3,22%450€
IUVO*12,28%+ 0,28%1075€
PeerBerry11,13%- 0,02%1270€
Crowdestor10,85%- 1,98%2500€
Wisefund10,79%+ 10,79%1000€
Viainvest9,83%+ 0,49%1035€
NeoFinance9,19%+ 1,39%1020€
Bondora8,08%- 2,37%370€
Viventor6,93%+ 0,29%1040€
EstateGuru6,17%+ 0,20%1315€
Bondora GG6,08%870€
Crowdestate2,12%+ 2,12%1515€
Bulkestate0,00%1215€
EvoEstate0,00%1000€
Exporo0,00%215€
ReInvest24-2,64%+ 1,46%600€
Monethera

Since I am a bit more risk-taking on the road here and there, I also looked at Monethera in June and invested a small amount of 275€, but just before writing the last portfolio update I added another 250€. And also just before the publication of this blog post there was a new project and 250€ have been transferred to Monethera. The first interest rates have already been paid. This brings me to a amazing 21,37% XIRR, which is very remarkable due to the short time I’m invested. At the same time, this means 1st place in the XIRR ranking. In the interview with CEO Andis Tauber you get more information about Monethera.

At Monethera you’re going to get 5€ as a starting bonus and 0.5% cashback in the first 90 days on your investments.

Kuetzal

At Kuetzal another 200€ were added and 1325€ are now invested there. Furthermore, all payments are made on time. However, we still have to wait and see what the situation will be in a year. Kuetzal can’t defent the 1st place in the XIRR ranking and now comes to 18,11% (-0.40% compared to the previous month).

At Kuetzal, there is 0,5% cashback on your investment within the first 180 days.

Envestio

Envestio grew strong and now stands at 15,22% (+1,85% compared to July). As in the last portfolio update, the return is slowly approaching the expected 16%. The 160€ from July has now also been invested. So now I’m invested in 8 projects. By the way, the new Auto-Invest invests usually before the email for new projects arrives. So far, everything at Envestio is running as planned.

5€ you get as a start bonus (at 100€ minimum investment) and also 0,5% cashback during the first 270 days.

Grupeer

New 4st place with 12,50% (+0,37% compared to the previous month) goes  to Grupeer . I really have to do little to nothing here, because everything is reinvested automatically. In addition, many 13% loans are available, which makes the whole platform very attractive. In addition, Grupeer often has 1-2% cashback for certain loans.

Mintos

Mintos (6400€) runs smoothly. In July it was 12,01%, now 12,42%. The weighted interest rate of my loans at Mintos is  13,40%, so XIRR will still increase a bit.

Mintos also offers you a start bonus.

Bondster

Bondster has made a huge jump. On the Czech platform there are already 6 loan originators and you can achieve a fairly good diversification. In addition, many 13% loans are offered. The initial investment of 400€ was increased by 50€ in July, so 450€ are invested. In the near future, a lot of the returns from PeerBerry will be transferred to Bondster.
By the way, the minimum investment for loans is only 5€ compared to many other platforms. In the last portfolio update XIRR was 9,08% . This time we are at 12,30% (+ 3,22%) and so Bondster jumps to the 6th place behind Mintos.

At Bondster you get a start bonus of 10€ for an investment of 1000€ in the first 30 days.

IUVO

Just behind the two, IUVO* is back with a XIRR of 12,28% at 1075€ (+0,28 compared to July). The platform itself now shows 14,24% in the dashboard. The difference here is due to the fact that IUVO or the loan originators do not pay interest on delayed payments. However IUVO* runs very smoothly.

By the way, IUVO* offers you up to 90€ for the start on the platform. If you’re interested, just send me a short message.

PeerBerry

11,13% (-0,02%) is the XIRR for PeerBerry. The auto invest is set at 12% and the platform itself shows 12,17%. I used to have some 11% loans in my portfolio, so I think that explains the difference. PeerBerry is doing well, but I’m very annoyed by the problem with incorrect numbers in the dashboard and the broken bank statement. Since I have repeatedly expressed my displeasure via mail to the support and received the same response as a few months ago, I’ll pull the rip cord at PeerBerry. Auto invest is stopped, all repayments of short-term loans will flow to Bondster. The long-term loans will follow later.

Crowdestor

Unfortunately, my favorite platform Crowdestor has dropped a bit in the XIRR ranking and now comes to 10,85% (-1,98%). What’s the reason? A lot of the 2.100€ I invested was transferred to Crowdestor and there are now more projects that pay interest only once a quarter or every 6 months instead of monthly payment. My investment is now close to 2.500€. An auto invest and a second market will (hopefullye) be added soon at Crowdestor!

With this link you can get 1% on top on your investment!

Wisefund

One of the new platforms I added is Wisefund. I have already presented the platform in an interview with Ingus Linkevics. Short summary, very high return for relatively short-term business and/or development loans. The projects that are currently available for investment range from 17% to 19% with a 3-9 month term.
In total I invested almost 330€ at Wisefund, but another 670€ a few days ago for upcoming projects. With interest already paid out, XIRR is already 10,79% after just one month!

Wisefund offers you 0,5% cashback on your investments within the first 270 days.

Viainvest

My Twino-Replacement Viainvest is probably the most supple and has a XIRR of 9,83% (+0,49%) which is very good for this short time, especially as there are only 11% loans available on the platform. 

There is a 10€ start bonus at Viainvest. For this only 50€ have to be invested.

NeoFinance

As a replacement for Bondora Portfolio Pro, I wanted to have another ‘real’ p2p platform in my portfolio. I found it in NeoFinance in March and I’m there with ~1.000€. XIRR recovers after my sale last month and comes to 9,19% (+1,39%). I am still very satisfied with NeoFinance, but a real conclusion can only be drawn here when some time has passed. The return calculated by the platform is now 18,30%! And this despite the deduction of 15% withholding tax (can be reduced to 10% by the way).

At NeoFinance there is a €10 start bonus for an investment of at least 150€ within the first 90 days.

Bondora

For me the loan portfolio at Bondora consists only of red loans, I sold all other loans after 4 years of investing. Through the recovery process I hope that something remains. Of course I could sell them with high discount, but I’m not reliant on the ~370€. Therefore, the money stays where it is for the time being.

I can’t really recommend Portfolio Pro. If you stop putting in more money, the return drops very quickly into the basement. Although Bondora’s recovery process is one of the best in the p2p industry, there are plenty of alternatives.

Viventor

Viventor hardly moves. Here I had invested just over 1.000€. My loans range somewhere between 12% and 16%. At 6,93% (+0,29% compared to the previous month) XIRR is still really poor. That’ why I’ve made a decision and so I will withdraw all my money from Viventor. Meanwhile, 80% of loans are also delayed. I was somehow affected by the Aforti ‘technical’ problems, but it is only a handful of loans. However, I didn’t like the way in which Viventor communicates on this subject at all.  So I’m going to sell my loans on the secondary market and then decide where the money goes. (keyword: platform consolidation).

EstateGuru

Now let’s move on to EstateGuru and the 20 projects I’m invested in. XIRR currently stands at 6,17% (+0,20%). That’s ok, because many of the projects are final or pay only once a quarter. I’m invested at EstateGuru with 1315€. There are (yet) no defaults, but two late loans. So far I can highly recommend EstateGuru in the real estate sector and I will also expand my investment there.

At EstateGuru, there is 0,5% cashback on your investment in the first 3 months.

Bondora Go & Grow

The better product at Bondora despite a cap of 6,75% is Go & Grow. I mainly use it for a small part of my cash. Since there are some debits taking place here and there and you have to pay a fee of 1€, the XIRR is slightly lower with 6,08%. However, I do not want to miss the liquidity available here. Especially in the current phase of the stock market, I am trying to build up somewhat larger cash reserves. In a separate blog post, I will explain my strategy regarding the stocks if someone is interested.

5€ are available at Bondora right after registration. If someone wants to invest a larger sum, just send me a message (I share my bonus).

EvoEstate

I was also able to do an interview with EvoEstate, an aggregator platform for real estate loans. Interest rates are not as high as on other platforms, of course, but that is not what matters. EvoEstate is a tool for even more diversification. In addition, I prevent myself from registering on other platforms :). I am invested in projects at EvoEstate with 215€. Just take a look at the platform, it’s worth it!

Bulkestate

1250€ are invested on Bulkestate. I have invested in two new projects. This is easily possible due to the 50€ minimum investment. XIRR is still 0,00% as all projects are final. In the event that there are no defaults (which I hope so, of course), the return is expected to be around 15%. I will also increase my investment at Bulkestate.

Exporo

Unfortunately this investment posibility is only for investors from Germany, Austria, France, Hungary, Ireland, Luxembourg and Switzerland. (yet). I am invested in a stock property (so an existing building which is already rented) at Exporo with 1000€. The expected return is expected at 4,5% and payments come in every quarter. However, I would like to expand the investment in the future.

Exporo does also offers real estate development projects. Here everybody can invest. Maybe for diversification it’s interesting for you.

By the way, Exporo offers you 100€ cashback for your first investment.

Crowdestate

My third-largest position with 1.500€ I invested at Crowdestate with a dashboard return of 15,25%. 5 out of 6 projects have already paid interest, one is delayed. 2,12% XIRR it’s in August. Also Crowdestate develops slowly, as some projects are final or pay interest only per quarter. Nevertheless, due to the track record and the previous projects, I am very optimistic.

ReInvest24

For ReInvest24 the 2% fees per project have a negative influence. The first dividends have already arrived and there is also a new project, which looks very interesting (have a look ?). Almost 600€ are invested here.

Outlook & Summary

Crowdlending platforms continue to dominate. Led by Monethera and Kuetzal and Envestio on 3rd position. Crowdestor falls short a bit, but that’s logical and will change in the next few months. Grupeer and IUVO* continue to develop magnificently.  Mintos aswell.  Let’s see how interest rate normalization is reflected in the XIRR ranking in September. My newcomer platform Wisefund also had a great start. 

For Viventor time is up. Where the invested capital goes, I still have to think about. I reduced my investments at Peerberry and transferred the funds to Bondster.

See you at the next portfolio update!


Revolut – My account for p2p and crowdlending

Since I don’t want to transfer everything from my regular bank account to the platforms, I was looking for a simpler solution. A few months ago I stumpled upon Revolut.

After being skeptical at first I’m now a big fan of the app. Transactions to the different platforms and also withdrawals are executed very fast. In addition  you can with the free Revolut VISA card with max. 200€ cash limit per month at an ATM. And that without additional costs!

In addition Revolut is my faithful travel companion. Since I also work abroad from time to time  I also looked for a way to simply exchange currencies. This is easily possible with the Revolut app. Also without fees (up to 6.000€ per month)!


About new projects on Twitter and Instagram

On my own behalf, I would like to mention that I also present new projects on Twitter and Instagram, in which I invest myself. So just follow me :).