Portfolio Update December 2020 – 500k baby!

Swiss coins

Welcome to the Portfolio update of December 2020. We are half-millionaires, wohoooo!!

Personal update

I was alone for the full month of November, unfortunately my plans to work from Mexico went down the drain however fortunately without any financial impact. My employers stubborn work policies didn’t allow me to work in Mexico for the planned 2 months despite me having the approval from the Mexican consul of the Mexican embassy of Switzerland. I was upset for a weekend and got drunk (with friends) but eventually got over it.

Living alone is kind of cheap, I spent very little on groceries but kind of a lot eating outside (and drinks with friends).

I managed to get a PS5 digital edition on launch date by bypassing some JavaScript in an online store. It arrived on the 20th of November.

Still exercising regularly with the Nintendo Ring Fit Adventure game. I now feel muscles in places I didn’t knew they exist (on top of shoulders and the side of the belly), very nice.

Today it started snowing in Switzerland, certainly not my favorite time of the year, dressing up just to survive in the outside temperatures is extremely silly. I wished I could have gone to Mexico instead. Maybe in Janaury.

On the awesome achievement of reaching over 500k CHF net worth and 100k in Stock portfolio (both Level 1 goals!), I decided to start a Swiss watch collection and will get a Carl F. Bucherer Patravi SubaTec Manta Trust Edition soon as a start. So you might see some watch reviews here soon.

Savings Rate: November 2020

Income / Expenses / Savings Rate for 2020

Cash flow: November 2020

Cash Flow Sankey Diagram / All numbers in CHF

Total Income: 12’134 CHF (+127 CHF vs. Oct) – I sold quite some stuff in November for a total of 398 CHF. I gave up my online storage business and sold 12 harddisks. I also sold my old PS4 Pro for 231 CHF.

Total Expenses: 2’969 CHF (-4’312 CHF vs. Oct) â€“ New all time low!! I got a refund for my first Samsung Monitor of 1420 CHF, sold the old AV-Receiver for a fantastic price of 350 CHF, cancelled a PS5 preorder at another online store which led to getting the already paid 499 CHF back. Two bigger positions were cash of 1547 CHF mostly for my family in Mexico and 1029 CHF for housing of which 479 CHF were for a new bed for my son. I also managed to sell back two 10 year old bar chairs to IKEA which got me a 140 CHF gift card (which I partly used for lunch and some bed covers). Groceries were at a laughable 248 CHF but I have to admit that my diet variety was not that high either. Also the fridge was mostly empty unlike when the family is around. I also paid 57 CHF in fees for a online auction platform. With the money from the AV-Receiver I bought gifts for my wife and son only paying 18.30 CHF on top.

Savings Rate: 75.53% (+36.17% vs. Oct) â€“ The luxury of living alone, savings rate is at the second highest value of the year. Sadly even if I saved 100% of my income in December the total yearly savings rate wouldn’t exceed 32%. Some people however also said I shouldn’t calculate the tax expenses in June as expenses because the heavily pull down the savings average. Let me know what you think about it. (Mr. RIP will be very proud of you Mr. Cheese)

Net Worth: 504k CHF (+44k CHF vs. Oct) – A whopping gain due to both the stock market and my cryptocurrencies performing very very well in November. On towards the 750k CHF net worth and 250k CHF stock portfolio goals!

Stock Portfolio

Stock Portfolio value: 106’955 CHF (+14’325 CHF vs. Oct)

Stock Symbol# SharesAvg. priceCurrent priceUnrealized P/L
VT99679.49 USD88.76 USD9’233 USD
ARKK17989.97 USD112.75 USD4’077 USD
CSCO2637.96 USD43.62 USD147.16 USD
SPXU120020.17 USD6.42 USD-16.50k USD
Total2401N/AN/A-3.0k USD
Stock Portfolio November 2020

Stock market only went up and to the right this month. Pretty amazing. I moved about 4’500 EUR of the P2P money to the portfolio and invested it in the regular candidates.

P2P Portfolio

Bondster3305.72 EUR
Crowdestor4047.60 EUR
DoFinance4952.75 EUR
FastInvest2946.05 EUR
Flender1276.28 EUR
Grupeer4787.29 EUR
IuvoGroup1353.09 EUR
Mintos2350.57 EUR
PeerBerry2070.55 EUR
RoboCash3127.70 EUR
Swaper541.32 EUR
Viventor3416.38 EUR
Wisefund1056.66 EUR
Total35’232 EUR

November Income from P2P Portfolio: +477 EUR
Calculated XIRR (of the platforms that generated money): 11.92%

Noteworthy updates:

I liquidated a total of 8668 EUR of my P2P Portfolio in November.

  • FastInvest payed out all pending withdrawals (total of 730 EUR) on 18th of November, looks like they found new poor souls
  • RoboCash payed out big time: 1294 EUR and 2106 EUR from them
  • Viventor and Mintos both payed some 195 EUR
  • Swaper is almost liquidated, the 540 EUR remaining were all generated interest
  • Also some withdrawals from Viventor and PeerBerry
  • And I sold some projects on the second market of Crowdestor with 10% discount which got me 467 EUR back (just today tho, will be accounted for in the next update)

Blog statistics

Views: 1247 (+300 vs. Oct) I did shared the Expat guide link on Reddit which brought some traffic.
Visitors: 482 (+186 vs. Oct) as said mostly from Reddit I assume.
Followers: 18 (+2 vs. Oct) yay, welcome new readers!

I posted 2 blog post in November. The monthly update, and my new blog series Expat Guide to Switzerland: How to make Swiss friends. I plan to put one evening per week aside for blogging in December, ideal for that dark and cold weather outside.

That’s it for this month. Like last month let me know if you like the style and the ordering of topics.

If you have any questions or comments, please leave a message below or contact me by email. I try to answer all comments and emails.

6 Replies to “Portfolio Update December 2020 – 500k baby!”

    1. Thanks for stopping by. Funny that you mention it, I just recently put together the salaries I had over the years. There will be some form of “How I 31x’d my salary over the last 17 years” post xD
      The highest bump certainly came with the most recent company plus the very performance oriented promotions there.

  1. Hy Mr. Cheese

    I like your style of your monthly update. And Im a big fan of the Cash flow Sankey Diagram. It would be great if you wrote a post about it, how you create it.

    Where are health insurances in your expenses? Do you pay them all 3-4 months?

    I count taxes as expenses. But its individual. It depends on what you want to show. If you want to compare them with other nations, where taxes are already substracted from sallary, or to show a higher savings rate, you can substract them directly.
    But I count them as expense, because I get paid out my net sallary, and I have to pay my taxes as expense. For mee, its easier to have a better overview. If I would have Quellensteuern I would not count them as expenses.

  2. Thanks for the compliment.

    I use sankeymatic.com to create the cashflow diagram and I just transfer the fava income statement values into it. Could probably automate it a bit to save some time (e.g. query fava/beancount to get the output for sankeymatic directly.

    I pay health insurance yearly and it will show up in my December cash flow (and again affect savings rate significantly).

    I guess it would generally be better to split both health insurance and taxes over the 12 months instead of showing them on those single months when they appear. I’ll think about it.

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