All about FIRE and Technology
After creating my P2P portfolio with 30k EUR in the beginning of January, it’s time to document the second round.
This time around I invested 29.7k EUR (or 31.7k CHF thanks to the free conversion fees from Revolut) in 11 platforms which I personally think have a higher chance of being legit. After loosing 2 000 EUR with the sudden disappearance of Envestio I selected the platforms a bit more carefully.
Continue reading “Second round: Investing another 30k EUR in different P2P Lending platforms”
Welcome to the Portfolio update of February 2020. We first look at income and spending of the month and then at the P2P Portfolio value and changes.
As you might have guessed it from my previous post there is a negative surprise.
Continue reading “Portfolio update February 2020”So it looks like the collapse of Kuetzal triggered some kind of Bank run. The Envestio website is currently not reachable. After some very unprofessional Twitter duelling with a apparent industry insider RPeerDuck (Twitter profile deleted now due to death threats). Are my 2’006 € from Envestio gone then? Very likely. I have yet to filed a Police report with the Estonian Police.
The last message posted on Tuesday the 21st of January 2020 from Envestio :
Continue reading “Envestio vanished – Wisefund next?”
Kuetzal is effectively shutting down operations. Since I signed up for Kuetzal but didn’t end up investing in the platform I get email updates from them. This is the email I got today:
Continue reading “Kuetzal shutting down!”The plan was set in stone in December. To invest 30k 28k EUR in different P2P Lending platforms at the beginning of January.
But let’s rewind to the week of Christmas. I proactively started signing up with the 15 different P2P lending/investing platforms on Monday 23rd of December and continued on Tuesday 24th of December.
Continue reading “Investing 30k EUR in different P2P Lending platforms”Welcome to my second portfolio update. December was as expected a pretty fat month. I made 50k CHF and spent 15k CHF.
Keep reading to find out more…
Continue reading “Portfolio update January 2020 – 2019 Review”
I discovered Revolut in September 2017, the promises sounded great. A free credit card without account/card fees and inter-banking exchange rates on foreign money usage. All transactions are showing up right after card use in the mobile phone app.
I analysed the performance of 6 different EU P2P investing blogs to figure out which platforms offer the highest returns. However historic performance is never an indicator for future performance.
So remember my investment strategy/policy? No? Check it out in the About page.
Let’s get right to the point, I will have ~30k CHF available to invest on 1st of January and another 30k CHF by the end of January. So my portfolio should be around 60k CHF/EUR at the beginning of February 2020.
Let’s check out the XIRR of the 6 best performing EU P2P investing blogs:
Continue reading “Starting my P2P Portfolio – But how?”Welcome to the Portfolio income update of December 2019. Well there’s no P2P portfolio yet, so let’s talk about income, expenses and saving rate of 2019 so far.
Welcome to my blog. This is my first post, may many follow.
I learned about the FIRE movement about a year ago and more recently discovered the P2P lending community. I consumed many many blogs some of which I can recommend you here:
The 10%+ interest rates impressed me because they clearly outpace my current Robo Advisor portfolio which had some 5% interest year over year.
Continue reading “Hello World!”