My new investments in September 2019. Including opdated status for Bondora Go & Grow and Mintos Invest & Access comparison

My new investments in September 2019. Including opdated status for Bondora Go & Grow and Mintos Invest & Access comparison

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Traveling in South East Asia while working on delivering value to investors

Right now I am located in Chiang Mai in the north of Thailand. Here I am transcribing the interviews and writing the articles from my travels in the Baltics this summer. There is still a lot of good content waiting to get out and create value for you guys. This Friday I will fly to Ho Chi Minh in Vietnam and continue the work from there. However, it has been a really busy time in the Baltics so I am currently behind in transcribing 9 interviews! During the month of September, I published four articles with interviews from my visits at Finbee, EstateGuru, Debitum Network, and Crowdestor. 

If you want to follow my travel adventures and get even more content you should consider following my Facebook pageInstagram or YouTube channel where I also publish videos from my platform visits in the Baltics. 

Over time you will see me enter new platforms and rebalance my portfolio and add more funds, as I built trust for the platforms. Visiting a platform, meeting the people behind them and asking them financial questions really paints a great picture for me and helps me decide if I should invest with them or not. It also tells me how big a percentage of my portfolio I should allocate with them. 

How did I rebalance and invest new funds during September?

During the month of September I did some rebalancing of the platforms. I took some of the money just sitting there waiting for good projects and also interest payments and returned principal. I then simply moved the money to other platforms that I already knew I wanted to make a bigger part of my portfolio. I also added 5984 euros to my portfolio. This is a lot more that I usually deposit during a month. 

Last month Swaper ran a +2% campaign and I always wanted to invest with them but I did not until now because I could see in the forums that they had cash drag. I created an account and figured out that the cash drag problem seems to be gone. So I put 4279 euros towards Swaper during last month. Some money came from deposits, some from cash drag on Mintos, and some from Fastinvest and also from Envestio

I made 627 euros this month, which is an increase of 26 euros from last month. It should have been 6 euros more, but I paid an initial fee to use the provision fund, or buyback fund, on my new NEO Finance investments. Let us see if that pays off over time. 

Last month I also signed up and started investing with 3 new platforms: 
SwaperReinvest24, and DoFinance. I have already met with all these platforms and interviewed them. Everything is going great so far and I really enjoy testing out all these platforms for you, so you can learn more. 

I added to my investments on 9 different platforms. I also lowered the amount of money on 4 other platforms. Here is how I rebalanced and split up the funds on the 13 different platforms during the last month. 

Decreased exposure: 
Envestio: -469,29 € 
Fastinvest-440,58 € 
Mintos: -1493,67 €  
Peerberry: –268,31 €  

Increased exposure: 
CrowdEstate: 770,37 € 
Crowdestor: 1793,68 € 
Debitum Network: 1025,02 €  
DoFinance200 € 
EstateGuru787,27 € 
Finbee: 555,11 € 
NeoFinance: 300 € 
Reinvest24: 99,96 € 
Swaper: 4279,85 € 

Which is the better product - Bondora Go & Grow or Mintos Invest & Access?

A few months ago, during the P2P conference in Riga, I published an article about the new Mintos Invest & Access product. This is in some ways similar to the Bondora Go & Grow product. I wanted to transfer money back into Bondora Go & Grow. When I visited the Bondora office in Tallinn last week, they told me that 1/3 of their investor portfolio is in Go & Grow. This paints a clear picture that type of product is really popular with investors and has great potential. Bondora has been in operation since 2007, but the Bondora Go & Grow product is fairly new. Both Bondora Go & Grow and Mintos Invest & Access promise that the investor can sell their investments and get the money out right away. With Bondora Go & Grow you can get all the money out no matter the status of the loans you are invested in, but offers a lower interest rate than Mintos Invest & Access. On the other hand, with Mintos Invest & Access investors can only get the money out that are currently not late. Some loan providers at Mintos also does not offer interest payments on late loans. So it is not quite clear which product is the best. 

I therefore decided to transfer 500 euros to each platform at the 1st of August. I invested the money at the same time and I will not deposit any more money to the two portfolios. Every month I will then do a status of the progress and earnings, to share with you which portfolio is currently ahead. This will be interesting!

Below you can see the results for both portfolios by the 1st of October 2019. During this month Mintos Invest & Access took the lead in terms of earning as expected. However, 193,42 euros of the money invested in Mintos Invest & Access is not available for instant withdrawal. This is an increase from the 142,54 euros last month. So this month Bondora Go & Grow is ahead in terms of liquidity and Mintos Invest & Access is ahead in terms of returns with 6.16 euros versus 4.49 with Bondora Go & Grow. During October the average interest rate on Mintos Invest & Access dropped from 11.24 to 10.22%. Interesting battle! 

My crowdlending portfolio at the beginning of October 2019

So let us take a look at the stats for my portfolio at the time of writing this blog post. If you are reading this article later than October 2019, you can find my updated portfolio on the My Crowdlending Portfolio page. 

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71561 € in my crowdlending portfolio
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627 € of passive income this month from crowdlending

Share this with a friend and potential crowdlending investor

If you have friends who are interested in investing and earning passive income, feel free to share the knowledge of the opportunities by using the sharing buttons below. If you have any questions or comments to my investments or any of the platforms, please leave a comment below. I will be happy to help you and answer any questions you may have. 

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