Financial Independence · investing

December 2020 Portfolio update & outlook for 2021

Let me start off by wishing you all a happy 2021, for 2021 I wish you all a year full of friendship, love, support, happiness, good health and profit of course!

The stock market continues to rise with good news for vaccinations all over the world. In the lead of top 5 most vaccinated countries we have some expected countries like US & Britain who started earlier in December, but there is also some surprises such as Denmark, Bahrain and most of all Israel. Israel already vaccinated 9% of their population and aims to vaccinate 60% by end of march! Amazing how they manage to leave all other countries behind. Their secret? They purchased large amounts of the Pfizer-BioNTech paying almost 3 times as what EU paid, but this way they did ensure very fast delivery dates.

Also in Belgium vaccinations with the Pfizer-BioNTech started, be it at a slower pace, but there is hope of acceleration as more vaccines will get approved by the EU the coming weeks and months.

Meanwhile most of Europe has closed their restaurants by now, but as usual the market looks at the future and with vaccines being distributed the market has a very positive outlook, causing a welcome rise in the markets this month.

The change of url went relatively smooth. The main issue was to get my domain rating back, which took some time, and which I noticed on my visitors coming from search engines, but by now my rating is at least the same level it was before, making sure it ranks high enough on google to bring in some users. I might create an additional blog with my 2020 results for the blog.

On a personal level the closure of the housing market has made it very challenging to view any houses. Housing visits are very restricted and I can feel realtors are really filtering out the visitors. I was only able to visit one house in December, so I am eagerly awaiting visitor days to be allowed again.

In terms of sports I have kept up with mountain biking and started running again after a short break. I purchased a sport watch using Miles I had gathered from business trips and I am looking forward to be able to do some sport events in 2021!

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

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My Portfolio

My FIRE fund

Firstly I need to start off with explaining I added a new type of investment which is my “House Fund”. Beneath it is actually just 1 ETF, but the idea of this is to cover myself in more from the lowering value of money market in the case that I would not be able to find a house in 2021, at least my money will not lose value.

My Portfolio has increased to 78736 EUR (+8847). This included a 2800 EUR extra investment, but also included a end of year recalculation for my pension fund (+5322 EUR) and a rise in the stock market (+725 EUR). So the big good news show.

Generally I try to invest about 800 EUR / month in this portfolio.

My Real Estate fund

I decided to start a real estate fund. As said above I hope this fund will give me better protection from inflation as housing prices continue to rise.

I have no graph yet as the fund was just created but I can say that to start off I invested 2000 EUR this month into ISHSIII-CORE MSCI WORLD U.ETF. Its a similar ETF as SPDR MSCI WORLD UCITS just from a different provider. Its slightly more expensive (0.20% yearly costs vs 0.12%), but cheap enough to justify the purchase, and this way I have an easy way to separate my FIRE portfolio from my Real estate portfolio. Over the next months, maybe years I will be moving my money from the money market into the stock market.

ETFs

My ETFs are reporting a good profit, so a great way to close the end of year. As you know the inception date for most of these ETFs was the beginning of 2020, so that means that even in the biggest crisis year since WW II I managed to make a modest profit and so there is no “bad timing” to start investing.

Right now 13% of my FIRE fund is in the emerging markets. I want to increase this to slightly above 15%.

SPDR MSCI World UCITS ETF (SWRD)

My World ETF has made a nice jump this month, putting me at a 5.24% profit since inception.

ISHARES CORE MSCI Emerging Markets IMI UCITS ETF

Also my emerging markets ETF had a great month leaving me at a position of 5558 EUR or a total profit of 5.81%

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 58.85% (+0.85%) of the funds I had invested in peer to peer.

PortfolioStartTotal at 29/02/2019Left inpeer to peerExpected end dateMoney left to withdraw
Crowdestor30/09/2019297476025/03/202225.55%
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%
TFGCrowd30/09/201914348817/11/20206.14%
Total30/09/2019284301169805/09/202241.15%

CrowdEstor

  • I was able to cut my investment in CrowdEstor down a little bit further thanks to the secondary market and it is now at 760 EUR (-147 EUR). The last 760 EUR will be a challenge. At least 300 EUR of that is really stuck in defaulted projects. For the remaining 460 EUR I still have some hope. I need to withdraw another 440 EUR here to actually not have loss in my Crowdestor investment. I might not know this until the end of 2022.

Grupeer & Kuetzal

Nothing new to report this month, just letting legal action take its course. I am fully expecting to see some money back in 2021 here.

Mintos

Capital Service started repayments, but it is going so slow that I am strongly considering just to default this whole investment..in theory a large portion should be paid off in 3 years. My balance remains unchanged.

TFGCrowd

No additional repayments for TFCCrowd this month. My money is stuck pretty good there. They also introduced some rather wacko investment plans called plan terms. You basically give them your money and you have no idea what they do with it. Like a super high risk savings account. You would need to be pretty insane to invest in that, they are not even trying to appear like an investment site anymore apparently. Lets see if they manage to pay me another 6 EUR this month..

No way to do any kind of due diligence if you “invest” in this pon..I mean investment plan

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 funds9492
First job Pension plan1507
Second job Pension plan602
Third job Pension plan15949

Wins / losses this month

  • My Portfolio made a 725 EUR profit!
  • The domain rating of my blog got back to what it was before

What blogs are coming up next?

  • I need to review the 2020 goals I set (eek!), and set new goals for 2021
  • I want to review my savings rate for December and of course all of 2020
  • I want to set some realistic saving rate goals for 2021 (or should I say spending goals)
  • I will probably do an overview blog specifically for this blog, with visitor numbers etc somewhere in Q1 2021

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

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.

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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!

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.

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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!

Financial Independence · investing

September 2020 Portfolio update: volatile markets during American elections

Investment update in September 2020

I saw the stock markets go up and down like a rollercoaster this month. I heard the American elections are the reason of the volatile markets. Unfortunately it means for the first time since the covid-recovery started I saw a drop again in my stocks. My portfolio still grew slightly but that is more caused by additional investments rather then a growing stock market. At least I was able to buy the extra stocks on one of the low points during the month.

On peer to peer investments Im still trying to recover cash from Mintos, Kuetzal and Grupeer. For CrowdEstor its more the withdrawal from principal that takes time, but more about that bellow.

All triathlons I was inscribed in got canceled. For most I got all the money back, and for one partly. That’s really unfortunate but it will not stop me from trying to inscribe in new sport events. The next event I have my eye on is a 10 miles run at the Belgian coast in November. I have the choice between 8 and 16km and I think I will go for the 16 even though I have not ran more then 8km these last months, I still have some time to train.

I have also completed kite lessons this summer, and found a great bargain on a second hand kit so I can practice by myself. I will post more exact numbers on that during my monthly saving rate update.

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 risen slightly to 68269 EUR (+831) this is mainly due to additional investments, as you will be able to see bellow the stock market has gone down slightly this month.

So this months rise was only because of a 1300 EUR extra investment. I’m not able to invest additionally every month, I invest about every 2-3 months, as soon as I can invest over 1000 EUR basically, so hopefully it will rise “by itself” next month!

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

ETFs

It seems the stock market got a drop last month for the first time in months, causing a small loss this month and a total loss this year of 1244 EUR.

Inception DateTotal PortfolioMonthly P&LTotal P&L
SPDR MSCI World UCITS ETF (SWRD)31/01/202036924-576-1137
IShares Core MSCI EM IMI UCITS ETF (CEMU)28/02/20202346-42-107
Total ETF Portfolio30/09/201939270-618-1244

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 -3% 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%

ISHARES CORE MSCI Emerging Markets IMI UCITS ETF

With a -42 EUR loss this month the loss was slightly lower for this ETF.

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%

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 49% of the funds I had invested in peer to peer.

PortfolioStartTotal at 29/02/2019Left inpeer to peerExpected end dateMoney left to withdraw
Crowdestor30/09/20192974297407/02/2022100.00%
Grupeer30/09/201989908990Defaulted. In Legal procedure100.00%
Kuetzal30/09/201910051005Defaulted. In Legal procedure100.00%
Mintos30/09/2019998285501/06/20218.57%
TFGCrowd30/09/201914348817/09/20206.14%
Total30/09/2019284301391205/09/202248.93%

CrowdEstor

  • Some changes at the CrowdEstor site this month! You can now see how many projects are delayed. I knew I had about 20% of my projects delayed, but I didnt knew it was close to 37% of the invested cash. That now becomes clearly visible.
  • The good news is the delay is all smaller then 30 days, so hopefully its normal and they will catch up for the most part.

More good news it that in October normally 400 EUR of principal should be repaid. I’m very curious to see if that money will land on my account this month. We are talking about the projects: Indoor beach volleyball center (II), Family house developer and Construction company (public procurement)

  • Another new item is a secondary market. Crowdestor added a secondary market. I right away listed everything that expires in 2022 and everything thats late with a payment for sale at a small discount.
  • However I don’t have much hope this will work. When I look at the secondary market huge discounts are being given, up to 72.45%! So I really doubt anyone will go for the 2-5% discount offers I have on the market, even if they are not late.

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.

Meanwhile my ready to withdraw amount has grown to over 5000 EUR, but of course I can’t withdraw anything.

My main method to recover funds is legal action. I can say that its moving but very slowly, it will take at least a year before anything is recovered, and probably much longer to recover a bigger amount of funds.

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 september.

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 unfortunatly.

TFGCrowd

I was expecting to withdraw 200 EUR here this month, however this has lowered to 112 EUR. The last 88 EUR has not been paid yet, but falls under a buy-back guarantee, so I expect to have it back in two months. The money I was able to withdraw in September was transferred to DEGIRO.

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 500 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?

  • I will postpone my triathlon to next year. I will train for a 1/4th by then!
  • My secret project is still ongoing. I will probably not be able to share any info about this until January 2021 😦 It sucks because its so exciting but its classified 😦

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

Uncategorized

August 2020 Portfolio update: the stock market is waking up

Investment update in August 2020

Most of August was incredibly slow, it was like all traders left for a holiday. The market was just sitting there, not going up or down at all. But for some reason the very last week of August the market woke up and stocks took a steady rise! More about that bellow!

On peer to peer investments progress at Grupeers side all progress has come to a halt, no more blog updates or anything. They do still reply to mails, but where I was still somewhat hopeful 2 months ago, now its looking more and more every day that I will be dependent of the law suit to get my investment back.

The triathlon I subscribed in was canceled due to Corona, however a new one was organised for September and will go trough. I will start with a 1/8 triathlon the 6th of September and do a 1/4th triathlon the 20th of September. For those who are interested, a 1/4th triathlon is 1,5km swimming, 42km cycling and 10km running. I’m nervous as hell, I can do these distances all separate, but can I do them all at once? In total it would be about 4,5 hours of sport.

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

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My Portfolio

My Portfolio has risen slightly to 67438 EUR (+1513) however this was with no additional investments, infact I pulled out 500 EUR of my startups (one of my startups that will be moved to ETFs in September. This is now the fourth month in a row that my investments are going up again. Slowly but certain a recovery is on its way.

So this months rise was only because of a huge increase on the stock market. Its been booming incredibly the last months! I’m not yet back at the rate I was at before the peer to peer market crashed (February) on me 😦 But I am getting pretty damn close.

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 -2440 last month to only -626 EUR this month. Keep it up!

Inception DateTotal PortfolioMonthly P&LTotal P&L% P/L
SPDR MSCI World UCITS ETF (SWRD)31/01/2020355741749-561-1.55%
IShares Core MSCI EM IMI UCITS ETF (CEMU)28/02/2020238265-65-2.69%
Total ETF Portfolio30/09/2019379561814-626

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 huge profit this month, lets hope they can keep it up for another 1-2 months so I break even YTD!

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
31/07/2020355741749-561-1.55%

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 ETFTotal PortfolioMonthly ProfitTotal P&L% gain this month
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%

Peer to Peer

I could not withdraw anything from peer to peer this month, but if everything goes as planned then next month I should be able to withdraw my last principal from TFGCrowd, leaving me with only 4 peer to peer investments: 1 active peer to peer investment (Crowdestor), 1 with 100% of the funds in recovery (Mintos) and 2 where I am trying to recover some funds trough legal action.

PortfolioStartTotal at 29/02/2019Left inpeer to peerExpected end date
Crowdestor30/09/20192974297907/02/2022
Grupeer30/09/201989908990Defaulted. In Legal procedure
Kuetzal30/09/201910051005Defaulted. In Legal procedure
Mintos30/09/2019998286501/06/2021
TFGCrowd30/09/2019143421017/09/2020
Total30/09/2019269331404905/09/2022

I only show withdrawals here. So far I withdrew about 49% of the funds I had invested in peer to peer.

CrowdEstor

  • From October I will finally start to withdraw principal from Crowdestor, as you can see above it will take me 1,5 years before all principal is returned and re-invested.

Grupeer

While Grupeer is still answering emails, my hope that they will give back any money out of their own free will is getting smaller each day.

My main method to recover funds is legal action. I can say that its moving but very slowly, it will take at least a year before anything is recovered, and probably much longer to recover a bigger amount of funds.

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 september.

Mintos

Mintos has created something new namely Funds in recovery. Pretty much all of the remaining 874 EUR is stuck in Capital service.

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

One of my startups WeGroup got bought out, and this for the amount of 505 EUR (164% of the value I bought it for). As a recall I paid about 315 EUR for this, and I got to withdraw some amount of my taxes because of this.

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 an amazing 1840 EUR profit!
  • Slowly but certainly I am moving out of peer to peer

What is next?

  • I will be doing a 1/8 Triathlon next week so right now Im training a lot to make that!
  • And in three weeks Im doing a 1/4 Triathlon!
  • My secret project is still ongoing. I will probably not be able to share any info about this until January 2021 😦

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