My crowdlending portfolio currently consist of 19 platforms.
Crowdestor, VIAINVEST, Mintos, Peerberry, Estateguru, Crowdestate, BulkEstate, Swaper, NEO Finance, Evoestate, Finbee, Debitum Network, Robo.cash, Iuvo Group, Bondora, Housers, The-many, Reinvest24, and DoFinance. Be aware that my portfolio is not diversified the way I want it right now, as I have been pulling funds out over a short time period and the liquidity of the platforms are different. This will change over time though.
In the pie chart below, you can see my distributions on September 1st 2020.
Overall income and losses
I have been thinking about how to best display my total gains and losses, loss of princical, and how to visualize the interests that I previously earned, but for Envestio and Grupeer that may or may not turn out to be true. In the end I decided to make three graphs instead of one like I did in the past. I think this gives a much better overview of it all.
The first one is purely interest income. As I at least for now consider all interest income earned at Envestio and Grupeer as lost, I gathered all the interest I earned over time at Envestio and subtracted them from my earnings from other platforms in in January 2020. I did the same for Grupeer in March 2020. If some interest income will later be recovered from the Envestio and Grupeer lawsuits, they will be added as income at that time. But at least for four months now, the earnings have been back on track.
The second graph shows the loss of principal. Right now there is only the loss from Envestio and Grupeer. Some money could later be recovered in court, but for now I consider them gone! If I later have a project that defaults or a loan provider that folds and some principal eventually in lost, I will add the loss of principal to the below graph as well. If you want some more information on what happened with Envestio, Grupeer and Kuetzal and see how I decided to change my strategy after the loss, you can find more information in my January 2020 update and update for March-May 2020. This will make my full portfolio stronger and with more secured loans. If you want to know what type of platforms I think involve a greater risk than others, I also go into a bit more detail in my update for January 2020.
The third graph show the total gains and losses combined. I this this is the most important one as you can here see the full picture in one graph. Remember that I have only tracking my earnings since the start of 2019, even though I have been invested since the start of 2018.
My total gains from crowdlending investments including the latest losses!
January and especially March 2020 was a big hit to my portfolio and a worst case scenario of losing all earned interest and principal on two platforms. I am still in negative with 3741 EUR since I started my crowdlending adventure.
Value of portfolio
I have only shared the statistics from my portfolio from April 2019 and not all the way back from when I started investing. I guess I am a lazy investor. I don’t want to look at the numbers all the time. in2019 I started keeping track and counting up all the income from the different platforms.
Recently my total portfolio value has been dropping for the last month. This is because I have withdrawn money to invest in stocks and in a property in Brazil. You can see a lot more information about the apartment I bought and the changes to my strategy in this portfolio update. You can also follow the development of my Brazilian property and find more information on investing in real estate in Brazil on my facebook page BrazProp.
The deposits to my crowdlending portfolio
You may wonder how I am able to make these big deposits while traveling on a lean FIRE budget and not having a day job. The thing is, that I only share my crowdlending portfolio as this is what the blog is about. I am reinvesting all of my earnings from this. My crowdlending portfolio is only 5% of my full investment portfolio. I also have passive income in the form of dividends and rental income. I have 55% in real estate, and 40% in stocks. Crowdlending is the only thing I actively work on at the moment, besides the new real estate deal. The rest is fully passive. The large deposits has been coming from savings and a bigger payout I got when I left my job in December 2018. Than money is almost fully invested at this time. So the time of the big monthly deposits are over. For March through July you can see the big withdrawals I made to be able to invest in another real estate deal.
My other channels
If you want to follow my travel adventures and get even more content you should consider following my Facebook page, Instagram or YouTube channel where I also publish videos from my platform visits in the Baltics and Southeast Asia. If you are interested in following på Brazilian Real Estate adventure, you can get a lot for information on the Brazprop facebook page and see videos on the Brazprop Youtube channel.
During the last three months I did not release any content. A lot of my focus was on the real estate deal in Brazil. Besides, I wanted to see how everything developed in the crowdlending industry. I am working on an article about NEO Finance, that will be out soon. During May I stopped my comparison of Bondora Go&Grow and Mintos Invest&Access and moved the data to a separate article. You can read my final comments about the two products and see which one I will continue to use in the future.
My latest crowdlending investments
If you want to get some more information on what type of crowdlending and other investments I have done recently, you can read more in this article about how I invested my available funds and rebalanced my portfolio last month.
Get started on building your own crowdlending portfolio today!
If you would like to get started building your own crowdlending portfolio I am currently gathering as much knowledge about the top platforms and I will share everything I learn here on the blog to inspire you. I am not an investment advisor and the risk you take is yours and yours alone. I am just sharing my own experiances investing in crowdlending and hope my learnings can give you some insights if you want to get started or expand your current portfolio. Here are some of my favorite platforms and the information I have gathered so far. More to come! All the below platforms are free to sign up to and free to use. If you want to know some more about crowdlending you can view the videos and the panel discussions I shared from the first pure P2P conference in Riga, in the start of June 2019.
Transfer and exchange money for investing for free with Revolut!
I do almost all of my crowdlending investments in the currencies EUR or GBP. As my main bank account is located in Denmark, the money on my account is in DKK. So whenever I want to invest I have to first exchange to another currency and then transfer the money to my investment account abroad. If I use my netbank for this I will pay a fee each time, both for the currency exchange and the transfer. The first time I transfered money I did it using my netbank. Then I found out about a wonderful free product you can use to do both. Completely for free! The product is called Revolut and you can order it for free right here. Then you can invest the money you save in crowdlending instead!
BulkEstate is a platform that focuses on real estate in Riga and Jurmala, an area by the beautiful beach 11 kilometers north of Riga. They are experts in these areas. They only have a few investments objects per month but I think they are very competent.
>> Sign up on the BulkEstate platform for free.
>> Read or listen to my extensive interview with BulkEstate.
>> See the videos I made on site at some of the Bulkestate real estate projects.
I have to say I am pretty impressed with VIAINVEST. The group has been in business for 10 years, the longest track record of any of the platforms I have visited so far. There portfolio and business model has proven to be stable even during a financial crisis. So they “only” have a return of 11% per year but let us be honest, that is actually a pretty good return. The loans you invest in are also short term, so you can free your money and withdraw them in about a month if you need them.
I made an agreement with VIAINVEST, that you will get a 10 euro bonus if you invest at least 50 euros on their platform. But I recommend that you first read the VIAINVEST interview I made on the blog, to see if VIAINVEST is an investment platform that fits you.
>> Sign up on the VIAINVEST platform for free and get the 10 euro bonus.
>> Read my interview with VIAINVEST Platform Lead, Simona, when I visited the office in Riga.
Mintos is one of the most well known and popular crowdlending platforms in the Baltics. I went to visit their office prior to the P2P conference in the start of June 2019 in Riga. This is a platform that most crowdlending investors have in their portfolio. It is a big company and you have the possibility to diversify a lot, just on this single platform.
>> Sign up on the Mintos platform for free.
>> See my platform walkthrough and get help to sign up for their free service.
As you can see from the pie chart in my portfolio, I like Crowdestor. They are serious about their investors and projects and very knowledgeable and competent. Their projects have high interest rates and sometimes they have some more exotic projects that you will not find on other platforms. Investment objects with an interesting story. However, they have been hit very hard by the crises in 2020, as they loans are mainly business loans. Many loans are late currently late. I am unfortunately way to heavy invested in Crowdestor, so I really hope they will have a good recovery rate. It will take a lot of patience, years of waiting is my guess.
>> See my interview with Crowdestor from 2019.
>> See the previous projects from Crowdestor.
>> See the videos I made on site at some of the Crowdestor projects.
Peerberry is a platform I have used for a while. They have short term direct to consumer loans and instalments. That means that you can liquify your invested funds within a month. They also have buyback on all their investments. I have a meeting set up with them at their office in Vilnius next week, so I will soon publish a blog article with my extensive interview with the platform.
>> Sign up on the Peerberry platform for free.
>> Read my interview with the Peerberry CEO and see pictures from my visit at Peerberry in Vilnius.
Robo.cash I have used for a while, but at the beginning I did not put a lot of funds as they did not have enough loans. That problem seems to be solved and I recently invested more with them. They have short term direct to consumer loans and have buyback on all their investments. I have a meeting set up with them at their office in Riga in a few days, so I will soon publish a blog article with my extensive interview with the platform.
>> Sign up on the Robo.cash platform for free.
Property Partner is a UK P2P platform, based in London. They focus only on real estate in the United Kingdom. This is not a platform that offers big monthly payouts like the platforms in the Baltics. They usually pay out 2 to 6% depending on the property. But it has a lot of potential for great earnings, but it all depends on the UK real estate market. The way it works is that the platform buys properties, rent them out and then make a company connected to it. They put in an administrator who takes care of everything. You can then buy shares in the company and you will each month receive rent payments in the form of dividends. The share price is normally under 1 GBP, so you can get a really diversified real estate portfolio for very little money. The great thing is, that you can always sell you shares on the secondary market and if the property value has gone up, the value of your shares will go up as well. If you want to get into true real estate investing and not just development and renovation projects, this is actually a really interesting platform! Their functionality and secondary market are very detailed and there are a lot of properties to choose from. You can easily start investing in real estate with very little funds.
>> Sign up on the Property Partner platform for free.
Leave a comment or a question below - Let me know what you think!
If you have any questions or comments, please leave them below and I will get back to you with an answer. Do you already invest in crowdlending? On what platform? If you have not started yet but would like to, what concerns do you have and what information are you missing in order to get started? Use the share buttons below, if you want to share the knowledge.