investing

How to build your ETF portfolio: the two-ETF strategy

High Risk high gains is very often just high risk. My FIRE strategy exists from mainly buying two ETFs as you might have seen in my monthly portfolio updates. Its quite a boring strategy actually, you usually know what to buy, and even though you read in the newspaper what the next big stock could be, you still buy the same old tracker every month. Even worse both my trackers are accumulating, so no seeing my dividends increase every year!

But there is a fun part, if you are in the accumulating part following this boring, simple strategy will also make your portfolio, on average, grow faster then other strategies. Read further bellow why I feel this is.

For those who don’t know what ETF is, ETF stands for exchange traded fund, it is basically a tracker that just tracks a certain index. It is all computerized so stocks within this ETF change based purely on the tracker with no human interaction. It can track the SP500 index for example. You have two kinds of ETFs, distributing and accumulating. Distributing hands out dividends and are therefore usually more motivating to buy, as you can see your income steadily increase.

Two ETFs you can buy

SPDR MSCI WORLD UCITS ETF

This is an accumulating ETF that tracks the performance of large and mid-sized equities in developed markets globally. Development countries are generally considered safe havens for

When we look into the factsheet we can see what stocks SPDR MSCI WORLD UCITS ETF contains.

As you can see bigger companies take up a higher % of the index. Thats infact how ETFs work, they will never have the same % of every company in their portfolio, instead they will have a bigger % of the biggest company, and the smallest company will only have a very small share. Indirectly I am participating in Apple, Microsoft, Amazon, Facebook, Alphabet, Testa and johnson & Johnson.

And in this way purchasing SPDR MSCI WORLD UCITS ETF gives you stocks in a dozen of sectors and over 23 developed countries. While you might say some of these sectors grow much faster then others currently, like Information technology, it is still good to be spread out as you never know how the next crisis will affect a certain sector.

So great diversification! But what do I like most of all about SPDR MSCI WORLD UCITS ? Costs! With a mere 0.12%/year this is about 10-20 times cheaper then actively managed funds.

iShares Core MSCI Emerging Markets IMI UCITS ETF

As I second ETF I like iShares Core MSCI Emerging Markets IMI UCITS. iShares Core MSCI Emerging Markets IMI UCITS is also accumulating, it tracks not the developed market but the emerging markets. As you could see on the above graph (cumulative index performance) it has performed very similar to the MSCI WORLD index, although you could see its a lot more volatile.

As you can see its mainly China that is boosting the iShares Core MSCI Emerging Markets IMI UCITS ETF, but also big upcoming economies like India and Brazil. These merging markets are becoming more and more important in the world, and their steep rise cannot be overlooked, especially because China is predicted to be the world n2 economy by 2024. India will be the third and Brazil will hold the 8th spot.

As you can see the emerging Markets will hold almost half of the top 10 spots! Especially the jump into the pack of India is quite remarkable. They went from emerging market economy to a top player. Although you might still see a different imagine if you look at per capita since China and India both have high populations, but its still great progress for those countries.

You would be insane not to grab a very easy opportunity to be part of this market and making Shares Core MSCI Emerging Markets IMI UCITS ETF part of your portfolio. Of course these countries do not have the 200 year old Democracy that US and some European countries have. So the risk is higher, but the gains might be well worth it.

What else do I like about Shares Core MSCI Emerging Markets IMI UCITS ETF? Costs! With only 0.18% costs /year it is one of the cheapest ways to invest in the big emerging market economies.

Why accumulating ETFs?

Distributing ETFs give out dividends every quarter (or more/less depending of the ETF). Its quite motivating to see your dividends increase every year and build up a passive income stream that way. But when you are in the phase where you are still acquiring wealth you would only be re-investing this money again in stocks. That would lead to extra costs to purchase these stocks. Additionally some countries, such as my own (Belgium) are taxing dividend income. Where accumulating ETFs are only taxed at the very end when you sell them, at only around 1%, compared to a yearly 30% tax on the dividends.

That’s why your portfolio will grow faster when you buy accumulating ETFS.

There is one exception (at least in Belgium), that is if you buy dividend stocks. Then there is a tax free part of up to about 600 EUR of dividends. Not very high if you want to build a large diversified portfolio.

How to balance between them?

Right now its commonly accepted that a good balance is about 85% SPDR MSCI WORLD UCITS ETF / 15% iShares Core MSCI Emerging Markets IMI UCITS ETF, so the developed markets still play the biggest role.

A third ETF you might consider: iShares MSCI ACWI ETF

If you don’t wan to balance between SPDR MSCI WORLD UCITS and iShares Core MSCI Emerging Markets IMI UCITS then you might want to consider a third option: the MSCI ACWI tracker. This Index tracker tracks both the developed countries and the merging markets in one tracker. So you don’t need to worry about balancing between them. I am actually considering to add this tracker to my portfolio also as a third tracker. At the beginning its quite easy to balance yourself, but balance will become harder without selling ETFs.

The tracker is also accumulating, so that means lower costs and taxes.

As you can see the global coverage of iShares MSCI ACWI ETF is amazing, tracking a huge amount of countries worldwide, although it does include some rather questionable countries such as Argentina, but they don’t take up much or any space at all on the tracker since it only tracks the bigger companies.

When looking at the division US and US companies hold a very tight grip on the top. However if predictions come true China should start playing a bigger role here, I think it will be interesting to look at this tracker again in one year and see how the percentages moved.

Why did I not purchase iShares MSCI ACWI ETF yet?

While I firmly believe in the iShares MSCI ACWI ETF, there is one downside for this convenience and that is cost. The ETF costs about 0.32% yearly and that’s quite a lot higher then SPDR MSCI WORLD UCITS ETF (0.12%) and iShares Core MSCI Emerging Markets IMI UCITS ETF (0.18%). So about triple the SPDR MSCI WORLD UCITS ETF and that is withholding me from purchasing this ETF for now. But I wouldn’t be surprised if a cheaper alternative hits the market the coming years, so its for sure something to keep your eyes on.

What does iShares or SPRD stand for?

The trackers are actually just called MSCI ACWI, MSCI Emerging Markets and MSCI WORLD. There is different exchange traded fund families that offer different types of ETFs. They then put this in front of the tracker name. It does vote confidence when a tracker is from a famous fund family such as iShares or SPDR. iShares was created by BlackRock and SPDR (pronounced “Spider”) was created by Standard & Poor’s.

Another very famous one with some good tracker is Vanguard, if you live in the US then I would consider their SP500 index fund tracker which is low cost and is performing very well.

What about other ETFs?

I believe it would be wrong to say that this is the only possible strategy. Infact I believe there is a lot of great ETFs outthere, and for sure a few of them have outperformed the ones I mentioned. I just like the low cost, low taxes, geographical and sectorial spread they deliver. I do believe if you just buy one ETF and stick to that thats already a lot better then getting individual stocks. Just be aware that the more limited the ETFs are the more vulnerable you are in case of recession.

For example the Invesco Dynamic Leisure and Entertainment ETF tracks the Dynamic Leisure and Entertainment Intellidex Index and holds a small basket of 32 stocks. While it has performed outstanding before 2020, at the Corona epidemic this ETF suffered much much more then any other as it lost almost 70% of its value going from 52$ to 17$.

While now somewhat recovered at 38$ it does show that if you choose your ETF to limited in sector or region you expose yourself at a big risk.

But as I said it doesn’t mean there is no great other ETFs outthere. One I also really like is ETFs based on the SP500. I used to have one of these in my portfolio and it performed great and you can even find them with a costs of only 0.05% per annum! I only sold them because I felt I would be greater diversified with SPDR MSCI WORLD UCITS ETF, but everyone can see it has performed pretty amazing the last years and especially if you have US nationality you should consider making this part of your portfolio.

Is it now the right time to buy ETFs?

Well some would say you missed the big drop of the market in March, and then was the time to buy, and some would say the market is overheated and a recession year could be coming up in 2021.

Perhaps, the thing is these are all things people say every single year. Its just more spectacular to say we are expecting a crash then saying I am expecting a modest but steady rise over the next years. Just keep in mind you are buying for the long term, you need to expect not to sell what you buy for another 10 years at least, and at that point it doesn’t matter if the crash comes next year or in 5 years, because in the long run you will have a modest steady rise.

So I would say the time to buy is right now. Now while statistically its better to put everything you have in the market right now, it’s probably not so good in case another recession comes. While in the long run you will recover you might get demotivated quickly. That’s most people recommend to invest a steady amount every 1-2 months. If you have a large amount of cash on your bank then you could decide to invest a larger amount then you usually would every month spread over about 24 months for example. This way you give yourself the chance to gently get to know the world of stocks and avoid panic when the market drops the first months you invest.

How can you buy ETFs?

You can buy all these stocks with brokers. There is a ton of them globally, one famous one that I use is DEGIRO. DEGIRO sells both SPDR MSCI WORLD UCITS ETF and iShares Core MSCI Emerging Markets IMI UCITS ETF. DEGIRO has low costs, good support and great UI and user app. But there is more such as Keytrade bank, or even your local bank might sell them (although they usually have high costs attached to them).

Interested to read more? Follow me and stay up to date of all the new items!

saving

Savings Rate November 2020: topping off at an amazing 51%

Its been a while since I could show such nice figures for my savings rate. While I must say my expenses did not do particularly well, I got a nice amount back from the tax-man that gave me a great boost on the income side.

Expenses

Lets go over the different expenses for this month and compare with last month

October
November

The highlights

  • Housing: my housing costs is the biggest one this month at 1249 EUR. This is because I had my quarterly syndic payment this month. Good news though. Its a new year, and with one of our loans almost paid off the quarterly syndic costs dropped from 670 EUR/Q to 520. A nice drop of 20%! It will drop more next year, and even more the year after.
  • Groceries at 246 EUR: If the groceries are my second highest cost then it must have been a pretty frugal month. Although I know people are doing better then me, it is much lower then it used to be. As you read in previous blogs I am shopping in the Aldi, and while it has lowered my grocery bill by a lot, I want to see if there is options to shop even cheaper, without cutting back on health of course!
  • Hobby’s 150 EUR: while I usually spend about 400 EUR on hobbys, this time it dropped. the 150 EUR was because of: 1)Report costs to my kite, 2)purchased a second hand harnass to kite. I really believe in second hand purchases when it comes to amateur sport gear. Yes you will never have that extra edge to be the top, but you are doing it for fun afterall and I am having a great time with my second hand gear. Remember I purchased a second hand full carbon racebike in October for 250 EUR? I tested it out and where I used to be at the back of the pack, now I spend a large portion pulling the pack and taking the wind. So as long as you look hard enough you can do great bargains! I also saved on my monthly tennis/gym subscription which is together about 120 EUR per month. Although I would prefer the gyms to reopen of course. Maybe in January..
  • Shopping 146 EUR: mainly because I had to buy a bike – carrier for my new car. It costed me 129 EUR and can carry 2 bikes. I purchase most sportgear usually at Decathlon, but they didn’t had what I needed for a good price, so I got this one at bol.com. I absolutely love the quality.
  • Business expenses 144 EUR: I purchased a new domain for my Website (changed from euromoney to roadtriptofire), and it was time for my monthly renewal. I have a Premium account at wordpress that costs about 100 EUR per month.
  • Smaller expenses: restaurants 23 EUR (I got 15 EUR coupon from Uber eats, so went ahead and ordered 2 meals, and I got another coupon for a free bickyburger so went to get some fries), also gifts (67 EUR) because of Christmas coming up is worth a mention

Interested in coupons? Check out the app spydeals. I sometimes get coupons there but free stuff as well!

Expenses overview for 2020

Total Expenses for November = 2275 EUR

2020 average = 2146 EUR (+12) / month

Income

My income rose to about 4500 EUR this month, mainly because I got about 2000 EUR taxes back. Why so much taxes back: startup investments, pension savings and a loan on my house are the main reasons to get taxes back.

Saving Rate

So thanks to this boost on income I was able to report 51.44% saving rate this month!

2019 saving rate: 45.8%

2020 average (so far): 40.43%

What’s next

  • I don’t really expect any high costs in December to be honest. Of course its gift month, so I need to find Christmas gifts for my family. I usually budget at about 30 EUR per gift, which is normal in my family. For birthdays 50 EUR is expected..
  • Im looking forward to use all this data to put me some realistic budgeting goals for 2020!

Interested to follow me? Then subscribe and join me on my Roadtrip to Financial independence!

Financial Independence · investing

November 2020 Portfolio update: amazing recovery in the market!

While Europe is in crisis and in full lockdown the rest of the world marches on and steers the stock markets to new all time highs. Especially the news of one successful vaccine after another are giving that extra boost to the markets. Markets don’t always care what the current situation is, their value is often based on what the market will look like in the future. Markets don’t like insecurity, but it seems that the news of vaccines going around has taken away that insecurity and the market has already compensated today for what will happen in 6 months.

Meanwhile in Belgium the lockdown is being slowly lifted. Shops and swimming pools can reopen, although that is the only thing that is allowed. On Christmas it would be allowed to celebrate with 3 people indoors (not of the same household), if you are single. Families can only invite one extra person.

I changed the website URL to https://roadtriptofire.com. There was multiple reasons, firstly I always wanted to move to a .com domain but I did not want to lose my domain rating. I realized my domain rating is not so high to begin with, and I would be able to recover that rating and even rise above it in a few months. Another thing is that I was contacted by euromoney.com who don’t like that their site is being confused with mine, and to be honest I don’t like being confused with them as well! Lastly I feel the new name of the site reflects much better what direction this site is going to, the name already contains what this page is about, which is much better!

Mountainbiking is what is keeping me on my toes during these times. I have been going every weekend, but I do notice I have trouble to keep up with people with better bikes then me. I am riding a 300 euro mountainbike that’s super heavy, so I have become aware that I really need to upgrade. So I started to look for a pretty new second hand bike. The ideal bycicle would be one that someone purchased new, barely used and now wants to get rid of. I managed to get really lucky with my racebike, buying a full carbon second hand for just 250 EUR, but I might need a bigger budget for my mountainbike.

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

Image result for I am not a financial advisor

My Portfolio

My Portfolio has increased to 69889 EUR (+2880) with nothing additionally invested this month. Really a big win here!

I am considering to switch to a quarterly graph since it is getting a bit crowded. I went into some of my numbers all the way back to 2016, and came up with this:

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

Someone told me once you reach 100k it gets easier because compound interest starts to kick in. So close…

ETFs

For the first time the stock market reaches green! I bought about 25k of ETFs the beginning of the year and kept investing all year. Now it seems its paid off and I finally have a (small profit).

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!

I did notice I should invest more in emerging markets, the goal was to keep this ETF at 15% but its now bellow that so my next investment will be in this ETF.

SPDR MSCI World UCITS ETF (SWRD)

My World ETF has made a big jump this month, putting me at a 3.59% profit since inception.

SPDR MSCI WORLD UCITSTotal PortfolioMonthly P&LTotal P&L% P&L
31/01/202025160.4100
28/02/202023674-3852-3852
03/31/202022851-3362-7214
30/04/2020290343627-3587
31/05/202029590556-3031
30/06/202031411-95-3126
31/07/202033825816-2310
31/08/2020355741749-561-1.55%
30/09/202036924-576-1137-2.76%
31/10/202036483-983-2120-5.49%
30/11/202039991350713873.59%

ISHARES CORE MSCI Emerging Markets IMI UCITS ETF

Also my emerging markets ETF rose slightly

ISHARES CORE MSCI Emerging Markets IMI UCITS ETFTotal PortfolioMonthly ProfitTotal P&L% gain/loss%gain yearly
31/01/2020244800
29/02/20202249-205-205
31/03/20201918.38-331-536
31/04/20202099182-354
31/05/20202064-36-390
30/06/20202211147-243
31/07/20202318113-130
31/08/2020238265-65-2.69%
30/09/20202346-42-107-4.17%
31/10/2020238443-64-2.64%
30/11/202025631991354.70%

Peer to Peer

I am left with only 5 peer to peer investments: 1 active peer to peer investment (Crowdestor), and with 100% of the funds in recovery (Mintos and TFGCrowd) and 2 where I am trying to recover some funds trough legal action.

I only show withdrawals here. So far I withdrew about 58% (+3%) of the funds I had invested in peer to peer.

PortfolioStartTotal at 29/02/2019Left inpeer to peerExpected end dateMoney left to withdraw
Crowdestor30/09/2019297496425/03/202232.41%
Grupeer30/09/201989908990Defaulted. In Legal procedure100.00%
Iuvo Group31/12/2019224004/20200.00%
Kuetzal30/09/201910051005Defaulted. In Legal procedure100.00%
Mintos30/09/2019998285528/02/20248.57%
NeoFinance30/09/20191273004/20200.00%
PeerBerry30/09/20192548005/09/20220.00%
TFGCrowd30/09/201914348817/11/20206.14%
Total30/09/2019284301190205/09/202241.86%

CrowdEstor

  • I was able to cut my investment in CrowdEstor in half thanks to the secondary market and is now at 907 EUR (-902 EUR). Unfortunately I fear the projects I have left will be harder to sell. Most of them have delayed payments and for some I don’t have any confidence at all I will be able to recover some of the money. I will keep trying to list them on the secondary market though!

Grupeer & Kuetzal

Nothing new to report this month, just letting legal action take its course.

Mintos

Good news and bad news. The good news is that Mintos finally agreed with Capital Service on a payment plan. The bad news is that it is spread out over 3 years, and the large majority of the money would come only at the end as a bulk payment, from what I could tell on the payment plan it would be like 80% at the end. I have about 600 EUR in Capital service, so the good news is I won’t need to default this at this point.

TFGCrowd

I still have 88 EUR in TFGCrowd because of a failed project. The buy back did not kick in this month like planned, instead they did “partial payments”, about 6 EUR. At this rate it would be another 2 years to fully repay the investment. I expressed my unhappiness at TFGCrowd but with not much luck. I assume my project will not be the only project that suffers from this. Are the curtains starting to fall?

The only good point? I am already profitable at TFGCrowd!

Startups

I still have now 3200 EUR in startups invested, I have every intention to withdraw this whenever possible. Someone mailed me asking me why I was withdrawing here, the main reason is the lack of liquidity. The money you invest is often stuck for 8 years with no secondary market and I need more liquidity on my money.

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 2019Current Value
KBC Pension funds7999
First job Pension plan1467
Second job Pension plan592
Third job Pension plan12084

Wins / losses this month

  • My ETF Portfolio made a 3700 EUR profit!
  • I managed to pull out another 900 EUR out of peer to peer!

What is next?

  • I will need to focus on getting my domain rating back up the next few months. I did start to get quite a bit of traffic from google so I am not happy if that drops out. I hope it will just take me a few months to get it back to the same DR it was before, and hopefully even higher!

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

Early Retirement

Five steps to take in 2021 to start your FIRE journey

FIRE is a marathon, not a sprint. And like any marathon you need to prepare. You won’t know where you are exactly until you prepared. With a new year coming up now is the perfect time to set these first steps! Trust me all the calculators online and simulations online will not be able to tell you the same as your very own data.

1. Start to track your income

Probably most people will be able to give some indication of how much they make per month. But what about your holiday bonus or end of year bonus? What about your tax returns? What about side incomes? They are quite common in Belgium but most people don’t know how much this exactly is. So how much do you actually make in a year? How much is your income rising each year? Start writing this down every month, and do this for at least a full year.

2. Start to track your spending

White tracking income is for most people fairly easy as its just writing down wages and tax returns every month spending is a bit more challenging.

Now firstly you need to decide where you write this down. My personal favorite: google sheets. You have it online, on your phone and has all the basics you need to start.

To make it a bit easier to input data into google sheets you can use side tools. For example KBC has a very good tool that is already displaying your expenses in different categories. I use much of the same, or at least very similar, categories in my sheet. Check out what they are on my monthly savings rate reports. My categories might not be the same as yours by the way. You don’t want your categories to be to small or to large.

3. Research investment opportunities

Rushing into investing might be an expensive lesson. Do your research first. Check out FIRE bloggers who have been on this journey for years and learn from their winnings but more from their mistakes. For example when I started I thought peer to peer was a good way to reach FIRE but it turned out to be very risky.

98% of people going for FIRE will concentrate on the stock market and real estate. Stay away from alternative investments and go for the types that are proven to work.

4. Find out what really matters in life

FIRE is about what really matters to you in life and what makes you happy. For example when I started tracking my expenses I found out I was spending 500 EUR on restaurants per month. To be honest I eat out to be around people, I personally don’t mind that much if I eat a home cooked meal or a 3 star menu in a restaurant, its just fun being out.

So I budgeted myself at 100 EUR per month for restaurants, avoided high-cost restaurants and ordered more often simpler food if I did go out, like croque monsieur for example.

In order not to alienate myself from others I started focusing more on sports and found that this is actually a good way to be around people as well. One downside is that sports costs as well. But at least when you buy stuff its much longer lasting then a 1 hour meal.

Find a good balance between going for FIRE and living your life. your life on hold to save every penny. Knowing what makes you feel good and what can make you happy without spending needlessly is a good start. Make sure you make progress but also avoid putting your life on hold since even in a marathon you need to stop for some food and drinks from time to time to keep you going.

5. Decide on why you want to retire early

Lastly you need to know why you want to retire early. This will help you in your journey to make the right choices. In my case its not necessarily because I don’t like to work (although I do have some of those days) but its also to keep my options open, and because I don’t fully trust the Belgian government that they will have enough money in 30 years to let me retire safely.

2021 is coming and its the perfect time to start to plan! Remember this is your preparation, only when starting these 5 steps you will be able to take the next step to calculate when you can actually FIRE.

Financial Independence · investing

October 2020 Portfolio update: 2nd wave is giving a blow to the markets

Investment update in September 2020

With countries all over Europe taking measures to slow down the second wave markets are not responding well. While the drop is nowhere near the first wave right now, we can clearly see the first drop since the first wave passed. There is not much to do about it in the short run except to wait it out.

On peer to peer investments Crowdestor has opened a secondary market, that hopefully will speed up my exit. More about Crowdestor bellow.

Also Belgium has imposed another lockdown. Lots of sports I did are now no longer allowed. That includes swimming, fitness, spinning and tennis. On top of that bars, restaurants and all non-essential shops are closed. Not to mention cultural venues, fun parks and zoos also should remain closed. What hasn’t happened yet is a lockdown where we are limited in our movement. Belgium has the 2nd highest number of intensive care beds per head of the population in Europe and even our hospitals are getting overrun. I am just wondering how other countries do this without going into lockdown. One thing I am worried about is all the debt we are taking up. One day we will need to pay those back with taxes.

I can still mountainbike and run fortunately., but its not easy to fill the time. You can see people hamster again in the supermarkets, something that I will not be doing. I need fresh food and can’t survive a month on canned food. Hamstering is an automatic reaction people have when they see empty shelves. Then they automatically want to buy more. To be honest if I lived in a house with enough storage space I would have already had some supply of long lasting food, but on an apartment its not worth it for me to use up space to store food.

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

Image result for I am not a financial advisor

My Portfolio

My Portfolio has dropped to 67009 EUR (-1260) even though I invested an additional 1000 EUR, so it just shows how big the drop was this month.

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

ETFs

The stock market continues to drop giving me a total loss of -2227 EUR since I started with the bellow stocks (January this year).

Inception DateTotal PortfolioMonthly P&LTotal P&L
SPDR MSCI World UCITS ETF (SWRD)31/01/202036483-983-2120
IShares Core MSCI EM IMI UCITS ETF (CEMU)28/02/20202346-42-107
Total ETF Portfolio30/09/201938829-1025-2227

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 a drop this month unfortunately putting me at a loss of -5.49% since inception.

SPDR MSCI WORLD UCITSTotal PortfolioMonthly P&LTotal P&L
31/01/202025160.4100
28/02/202023674-3852-3852
03/31/202022851-3362-7214
30/04/2020290343627-3587
31/05/202029590556-3031
30/06/202031411-95-3126
31/07/202033825816-2310
31/08/2020355741749-561
30/09/202036924-576-1137
31/10/202036483-983-2120

ISHARES CORE MSCI Emerging Markets IMI UCITS ETF

With a 42 EUR win this month this ETF actually went up slightly

ISHARES CORE MSCI Emerging Markets IMI UCITS ETFTotal PortfolioMonthly ProfitTotal P&L% gain/loss
31/01/2020244800
29/02/20202249-205-205
31/03/20201918.38-331-536
31/04/20202099182-354
31/05/20202064-36-390
30/06/20202211147-243
31/07/20202318113-130
31/08/2020238265-65-2.69%
30/09/20202346-42-107-4.17%
31/10/2020238443-64-2.64%

Peer to Peer

I am left with only 5 peer to peer investments: 2 active peer to peer investments (Crowdestor and TFGCrowd), 1 with 100% of the funds in recovery (Mintos) and 2 where I am trying to recover some funds trough legal action.

I only show withdrawals here. So far I withdrew about 55% (+6%) of the funds I had invested in peer to peer.

PortfolioStartTotal at 29/02/2019Left inpeer to peerExpected end dateMoney left to withdraw
Crowdestor30/09/20192974180925/03/202260.83%
Grupeer30/09/201989908990Defaulted. In Legal procedure100.00%
Iuvo Group31/12/2019224004/20200.00%
Kuetzal30/09/201910051005Defaulted. In Legal procedure100.00%
Mintos30/09/2019998285501/06/20218.57%
NeoFinance30/09/20191273004/20200.00%
PeerBerry30/09/20192548005/09/20220.00%
TFGCrowd30/09/201914348817/09/20206.14%
Total30/09/2019284301274705/09/202244.84%

CrowdEstor

  • Crowestor has more and more delays this month. I normally had 3 projects that had to pay principal this month and none of them came trough.
  • The good news for me is that a secondary market was introduced. I put my projects on the market at 5-10% discount and was lucky enough to sell a little over 30% of my investments so far. I will keep trying to sell more, but projects that are 90 days late are hard to sell of course.

Grupeer

No progress at all from Grupeers side this month. Grupeer created a recovery firm but it seems after one month the bank account of this respectable recovery firm is not yet approved.

My main method to recover funds is legal action. I can say that its moving but very slowly. There is updates but I am not allowed to post them unfortunately.

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. I am currently counting on it that I can recover at least 50%.

Mintos

Mintos now allows you to see where they money in recovery is stuck. To my surprise about 200 EUR was also stuck in Monego. The rest is stuck in Capital Service. No progress here unfortunately. To be honest I am strongly considering to write off this investment. While I think I can recover the 200 EUR in Monego, I am not sure at all about Capital Service.

TFGCrowd

I still have 88 EUR in TFGCrowd because of a failed project. Normally the buy back should kick in this month and I should be getting the money back.

Startups

I still have now 3200 EUR in startups invested, I have every intention to withdraw this whenever possible.

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 2019Current Value
KBC Pension funds7999
First job Pension plan1467
Second job Pension plan592
Third job Pension plan12084

Wins / losses this month

  • My ETF Portfolio made a small 1000 EUR loss.
  • Slowly but certainly I am moving out of peer to peer
  • All the triathlons I wanted to participate in got canceled 😦 I need to move this goal to next year.

What is next?

  • My secret project is still ongoing

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