June has been a busy month, just like any other month. While it has been a busy month, my portfolio income is excellent. It has been an expensive month as well. The last couple of months i have been able to invest about 400-600 euro a month. However, i need a new laptop since my current laptop has almost reached a dead end in performance (It is a 6-7 year old computer). The replacement laptop is going to cost ~1600 EUR. Hence, why i have only made a single deposit in June. Therefore, i might not make any deposits this coming month. Furthermore, i will have to “refill” my emergency fund with the ~1600 EUR i am going to use on a laptop.
General portfolio comments
From last month i told i had problems with the platform Fastinvest, which had a lot of cash-drag. In June Fastinvest has keep the cash-drag going, which means my strategy of signing loans from 13,5% and up, can no longer be done on this platform. However, in the start of the month i readjusted the annual ROI to 13% instead of 13,5%. The auto-invest tool has invested all my money, however i have yet to see the returns. I am afraid that Fastinvest only has low yielding loans currently. This will decrease my portfolio income in the future.
The current portfolio income is quite good. I would like to see a dividend month like April again. Or in general get my monthly portfolio income up.
Nonetheless, despite cash-drag the overall portfolio is still going strong. This month the portfolio increased with about 5,5% in total. All of my capital gaining assets are starting to move from negative to positive. Just to highlight the overall portfolio returns look in the table below.
|Month||Portfolio value||Income||XIRR (interest |
|ROI (Capital |
The XIRR describes the average expected annual return, and the ROI describes the average return on investments. What can be derived from the table, is that the capital gains is starting to increase quite significantly. This is mainly due to the crypto and stock market both have a positive upturn recently. Furthermore, the XIRR are HEAVILY dragged down by the interest from Celsius Network. The XIRR from Celsius Network has been 2-8% so far. However, 2% is way better than 0%.
I am introducing the concept of income vs. expenses. The purpose of tracking expenses in relation to my income is to get an overview of where my money are going. The concept i quite simple. Track every penny leaving the bank account. This is also one of the steps i described in the post i made about financial freedom.
I will keep track of my expenses. This will help my identify costs which is i find unnecessary. This can potentially help build a higher portfolio income in the future.
P2P lending Income
The P2P lending income is going smooth and steady. The overall performance is quite satisfying to look at. With just ~2600 EUR i earn 30 EUR a month doing absolutely nothing. The only thing slowing my P2P lending portfolio is Fastinvest. It seems like their newer loans are sub 13% returns. First of all, it is not yet critical for me to see higher returns. However, it is important for me to see my money working, and not idling in an account. Furthermore, i will be looking into the lower returns the last two months. Lastly, concerning Fastinvest, i might look into alternative platforms to put my money.
Mintos and Envestio are both doing great returns, stable cash-flow and no overall concerns. However, a small concern is that Envestio has posted zero loans in June. However, there has been a change of bank. The change of bank can be a big task for a company who handles finances. Therefore, i am not yet concerned with Envestio, i just wanted to mention the lack of projects in June.
|Platform||Portfolio value||Interest income||XIRR|
What can be seen in the table above is that Envestio is rocking my world in terms of income. Over half of my income is from Envestio! In contrast to the other platforms, Envestio has a big percentage of my total portfolio. However, Envestio is returning and expected 17,3% annual XIRR with the returns from this month. I have ~130 euro on Envestio which is not yet invested, so i expect the income will be greater in the following months, whenever they starts to make new projects available.
|Month||Envestio income||Envestio portfolio value||XIRR|
Mintos continues the stable cash-flow. My income decreased with 1,3 EUR this month. Furthermore, i can see that the delayed loans are starting to go up. In May i had about 240 EUR which was late on repayments. However, now it is about 310 EUR which is late on repayments. I have experienced a delay in repayments like this before. Hence, i do not worry one bit. Mintos will take care of the late payments eventually, with interest.
The late payments can also be seen on the XIRR in the table below.
|Month||Mintos income||Mintos portfolio value||XIRR|
There is not much to discuss in relation to Fastinvest. As described previously, i will see if the returns starts again this month. First of all, the returns and cash-drag has to end. If this is not the case i will look into other platforms. Reason being Fastinvest delivered a XIRR of 9,3%, which was 11% in May, which was when the cash-drag started. Fastinvest has been a very stable and high yielding platform. However, with a 9,3% return, there are several other platforms which can perform better.
|Month||Fastinvest income||Fastinvest portfolio value||XIRR|
The cryptocurrency market has for real been set on fire. Twitter, the news, old Facebook communities and much more are being flooded with new members and people yelling “to the moon” and “lambo!”. The volume reached higher than under the bull run in January 2018. However, the prices has yet to reach all time highs. For that reason, i am still bullish long-term. Big corporations, bankers (or former bankers), former wall-street people starts speaking/tweeting publicly about the impact of Blockchain and cryptocurrencies.
Right in this moment we have a small recession. Many speculate that we will see new lows, and other are speculating that we will see a bull run bigger than than January 2018. For my sake we can go either way. If we dip lower i get the chance to purchase even cheaper than current prices. While, if the price goes up, i will soon be in overall profits from crypto (one of the con’s of starting crypto in December 2017).
Thanks to Celsius Network i now earn interest on my crypto. This is way better than having the crypto on an exchange doing nothing. Now i get between 2% and up to 10% returns on my crypto. This will also increase my overall portfolio income.
Return on Investment of crypto?
First of all, i am not yet in profits from the crypto market. However, both Litecoin and Bitcoin has turned to profit. Furthermore, i have bought both Neblio, ADA, Litecoin and Bitcoin in the lows we have seen the last couple of months. Also, LaLaWorld is no longer existing. LaLa has merged with COSS exchange. The LaLa is being exchanged in a ratio of 10:1 (LaLa:COS).
Lastly, i have received some free Basic Attention Tokens (BAT), Stellar and EOS from Coinbase. Coinbase has partnerships with different cryptocurrency companies, such as EOS, Stellar and BAT. The objective for Coinbase and their partners is to make the public aware of the benefits of crypto, which in return is rewarded with FREE crypto. You can sign up HERE if you do not have a coinbase account, or just want to purchase Bitcoin, Litecoin or any other cryptocurrency.
Stock portfolio value
The stock market has had a small re-bounce since last month. A small increase of ~100 EUR. I received dividends from Nvidia this month. The dividend was 0,28 EUR. So the capital gains has been a lot better this month.
|Stocks||Shares||Total Share Value||ROI|
|Top Danmark A/S||5||241,7||23,3%|
|Novo nordisk B A/S||6||265,4||10,9%|
|Carlsberg B A/S||2||227,9||13,6%|
|Alibaba Group Holding||1||149,1||-2,1%|
|Novozymers B A/S||6||243,1||-11,8%|
While it looks like i soon will break-even on my stocks, is am actually still negative ~600 EUR (See the histogram at my Portfolio page). This is mainly because of transfer fees, exchange fees and purchase fees. So what i deposit is not what is invest, sadly.
Mutual- and index funds
The index funds are holding their value this month yet again. A very small increase in the overall value. Most noteworthy, is to mention that whatever happens to the stock market will be indicated on the this curve, just in way smaller fluctuations.
|Index/mutual fund||Shares||Total Share Value||ROI|
|Maj invest vækstaktier||12||188,7||7,6%|
|Sparindex INDEX Globale akt min risk KL||14||269,2||8,6%|
|Sparindex INDEX OMX C25 KL||7||196,6||6,5%|
Conclusion of June 2019
In conclusion of this month, Fastinvest needs a deeper look into the state of returns and cash-drag. If Fastinvest is showing signs of failing to deliver the expected returns a new platform will be investigated. While i can only recommend Fastinvest, i do not accept 9,4% returns when i am expecting 13,5% and up.
The overall state of my portfolio is very satisfying. Currently pulling between 35 to 55 EUR per month. You can do this as well. It is all about getting started.
So just get started!
You can sign up on Mintos HERE and get 1% in bonus payout. There are options to diversify like crazy, go for high returns or go for super safe.
You can also learn more about Mintos HERE.
Lastly, you can invest in Envestio HERE. If you deposit more than 100 EUR you will get a 5 EUR signup bonus. Furthermore, you will get a 0,5% payout bonus. Envestio lets you get some of the highest yielding returns on the market.
You can also learn more about Envestio HERE.
If you are more to a set and forget investment, you can also sign up on Fastinvest HERE. You can invest for as little as 1 EUR. Furthermore, they buyback any loans you have, if you should need your money at any time!
You can also learn more about Fastinvest HERE.
If you are more into crypto you can sign up on Coinbase HERE.
If you want something familiar i do not blame you. Then you should invest in stocks and index funds.
Now you have no excuse but to get started investing, i have even provided links which can yield you even bigger returns!