Investment update in July 2020

Investment update in July 2020

The stockmarket is rising slowly. Altough its summer, summer has never been a really bull month for the stock market, and with a second wave approaching Europe I am surprised that it is not dropping further. Perhaps its because of the 1600 Biljard EUR the EU will pump in the economy.

On peer to peer investments progress at Grupeers side is really slow right now. When I read the blog of Grupeer I have the impression progress will happen at any time now, but its not happening. I feel like they are holding a carrot in front of me. More about that bellow.

In my personal life sports have taken up such a big part of my life right now, since sport is the safest activity. I subscribed for a Triathlon altough its uncertain right now if it will go on. I will do 1/8 so that means 500m swimming, 25km cycling and 5km running. If it goes well I might try 1/4th of a triathlon. But it does mean I need to train a lot, so a lot of my time is going there.

Additionally (and this is why there has not been so many blogs in July), I am working on a secret project on the side that I do not want to talk about yet but will at some point.

Alright enough stuff about my life lets go and check how much my portfolio dropped or increased.

My Portfolio

My Portfolio has risen slightly to 65925 EUR (+1427) mainly because of additional investments and a small rise in the market. This is now the third month in a row that my investments are going up again. Slowly but certain a recovery is on its way.

On the bellow graphic there is three movements that are very clear this month:

• About 1200 EUR transfered from my peer to peer investments to ETFs
• Invested about 1000 EUR extra in ETFs on top of that
• The stock market is rising very slowly

Lets look into more detail for each of these investment types shall we.

ETFs

It seems the stock market is rising slowly but steadily and gave me a nice profit of 929 EUR this month lowering my loss on my ETFs from -3369 last month to -2440 EUR this month. Keep it up!

	Inception Date	Total Portfolio	Monthly P&L	Total P&L
SPDR MSCI World UCITS ETF (SWRD)	31/01/2020	33825	816	-2310
IShares Core MSCI EM IMI UCITS ETF (CEMU)	28/02/2020	2318	113	-130
Total ETF Portfolio	30/09/2019	36143	929	-2440

At this point I am really happy I limited my portfolio to just two ETFs, it makes it so much easier to track! And I keep finding it very easy to invest with DEGIRO, I am really happy I chose DEGIRO as broker!

SPDR MSCI World UCITS ETF (SWRD)

My World ETF has made the biggest profit this month, lets hope they can keep it up for another 2-3 months so I break even!

SPDR MSCI WORLD UCITS	Total Portfolio	Monthly P&L	Total P&L	% gain this month
31/01/2020	25160.41	0	0
28/02/2020	23674	-3852	-3852
03/31/2020	22851	-3362	-7214
30/04/2020	29034	3627	-3587
31/05/2020	29590	556	-3031
30/06/2020	31411	-95	-3126
31/07/2020	33825	816	-2310

ISHARES CORE MSCI Emerging Markets IMI UCITS ETF

With a 113 EUR profit it was a pretty good month for this ETF

ISHARES CORE MSCI Emerging Markets IMI UCITS ETF	Total Portfolio	Monthly Profit	Total P&L	% gain this month	%gain yearly
31/01/2020	2448	0	0
29/02/2020	2249	-205	-205
31/03/2020	1918.38	-331	-536
31/04/2020	2099	182	-354
31/05/2020	2064	-36	-390
30/06/2020	2211	147	-243
31/07/2020	2318	113	-130

Peer to Peer

Portfolio	Start	Total at 29/02/2019	Left inpeer to peer	Expected end date
Crowdestor	30/09/2019	2974	2979	07/02/2022
Grupeer	30/09/2019	8990	8990	Defaulted. In Legal procedure
Kuetzal	30/09/2019	1005	1005	Defaulted. In Legal procedure
Mintos	30/09/2019	9982	865	01/06/2021
PeerBerry	30/09/2019	2548	0	05/09/2022
TFGCrowd	30/09/2019	1434	210	17/09/2020
Total	30/09/2019	26933	14049	05/09/2022

I will no longer keep track of the income I am getting into peer to peer. Instead I am showing the withdrawals here. I sold on the secondary market where possible, but without giving huge discounts. In total I managed to withdraw an additional 2% this month, putting me on 49% withdrawn up to date, which is not bad considering these are long term investments, however when I look at what is left, most will be stuck in Legal battles..

CrowdEstor

• I withdrew 100 EUR from Crowdestor this month, but this was only interest. For principal I will need to wait until October. Im not really worried that this will go ok, so far payments have restarted normally.

Grupeer

Grupeer has officially defaulted with more then 60 days of delay on my withdrawals. I wrote off Grupeer but there is two points of light at the end of the tunnel that give me hope of recovering some part of my investment.

Legal action

I have grouped together with other investors to prepare a law suit for Grupeer. The main goal of the legal action will still be to ask Grupeer to repay the investments as planned and not to resort to bankrupting Grupeer.

Unfortunately everything is confidential, so I am not at liberty to discuss anything not public here. All I can say its being prepared right now, and it feels good to have legal representation.

Plan from Grupeer

Unfortunately the plan from Grupeer to start paying back the investments is currently more looking like a carrot they are holding in front of us. Any real money has not come out way, even though 75% would be in a recoverable state based on the bellow analysis.

 [visualizer id=”3020″] 

That means that 75% is hopefully in a recoverable state. 3% is probably lost and 22% is unclear but at high risk.

As long as Grupeers bank accounts remain frozen its only virtual money.

Kuetzal

I am in a legal procedure with Kuetzal and cannot comment on any non-public information, I wanted to share more this month but I still can’t. Perhaps in setpember.

Mintos

The last amount in Mintos is fully stuck in pending payments. Right now there is not much I can do to speed up the process except wait for these payments to get paid.

PeerBerry

Rita from Peerberry has offered to rebuy my loans as the Loan Originators have no problems right now, and I have happily accepted. That means I can close my investments in Peerberry and will no longer mention them.

TFGCrowd

Right now I am waiting for the last 200 EUR of principal to be finished in TFGCrowd. After that I will be fully out of this investment. This will happen in September.

Startups

I still have 3500 EUR in startups, but there is some news, one of my startups (WeGroup) made an offer to buy back the shares with quite a bit of interest. The counsel has come together (online) and voted to accept the offer. I had 300 EUR of principal invested there and it will be bought out at 164% the value I bought it for, so I expect a nice buy back soon. Once this has been completed I will re-invest this money into ETFs or a new startup.

Retirement funds

I decided not to update my retirement funds all the time since for most of the funds I get an update just once a year, so I will update it also just once a year. This is from end of 2019. I will update it again in December 2020.

November 2019	Current Value
KBC Pension funds	7999
First job Pension plan	1467
Second job Pension plan	592
Third job Pension plan	12084

Wins / losses this month

• My ETF Portfolio made 900 EUR profit
• Slowly but certainly I am moving out of peer to peer

What is next?

• I will be doing a 1/8 Triathlon in two weeks so right now Im training a lot to make that!
• If things go well I plan to do another Triathlon in September (at least if they are not canceled because of Corona).
• I am working on a secret project that I cannot give any info about right now, however I hope I can soon!

I will also post a savings rate update soon! Subscribe and make sure you don’t miss any of my monthly portfolio updates!