After ONLY 9 months I was able to reach already my 2019 year goal, make 20k€ in 1 year of passive income ; September was another exceptional month, all my ETF and P2P investment growth again significantly, but if we look back at what happened in the past as you can see from the picture below, seems this great momentum might finish soon;
A question that I have received last month was: if you would be a new investor nowadays where would you invest your money? I would put them in P2P until the stock market will start to decline significantly and when this will happen I will move my money from P2P to ETF; I am earning so much in ETF because I was lucky enough to start investing end of last year when the market lost almost 15% in 3 months; most of the money I have invested in 2019 was in P2P;
As you can see from the pie chart, my main source of passive income is coming from an investment I made 5 years ago in Milan, where I bought the first flat that I am currently renting; If buying a flat is something that not everybody can afford,
all my other passive income sources are very easy to get even with very small money invested; here the breakdown on how much I have earned since today and my 5 years plan:In 5 years my goal will be to get 50K€ per year from passive income, how? click on earnings and investment in 5 years to discover my plan
Back to the current 2019 here more in details the passive income evolution for ETF and P2P
As you can see September was a fantastic month with all my source of passive income growth very nicely vs previous month; on the bad side, I am generally pretty disappointed by what’s happening in Mintos: half of my investments are delayed, true that partially is my fault cause I am mostly investing in Mogo but on the other side, I am investing in Mogo since March and this is the first time the situation looks so terrible; for this reason I have decided to move 5k€ that were sold automatically into my more profitable platform Envestio; October will be definitely the month when I will decide to try a new platform, any suggestions? and as always below even more details on which investment is behind these numbers;
Here the P2P breakdown: let me now introduce each investment with all possible details, and if this is not enough just comment below or ask me directly :)
I love this platform as hundred thousand of other people, and here is why it's the platform where I invest most of my money: the interest of August is more than 240€ coming from 20k€ invested in multiple loans (more than 13% return per year);
I am a bit disappointed with what happen in July, August and September: most of my June investments in Mogo at 16% got automatically sold (more then 5K€) and as mentioned above I have decide to withdraw 5000€ from Mintos and move them to Envestio; I didn't really like the approach but still I think that Mogo is the biggest player in Mintos and makes me feel overall comfortable; I might look for other originators in October, any suggestions?
Is it the best p2p platform? Well looking at the returns, the punctuality of the payments and the easy and fast way to sell investment I would say yes, and they are finally improving the platform (auto invest is a real thing now!):
All the interest in September where paid perfectly on time 171€ with 10k€ invested this is the best month profit ever because in August I was finally able to invest all my money. Now that I moved 5k€ after withdrawing them from Mintos (2k€ arrived already in September the other 3 in October), no projects were published so I will not get extra profit in october, unfortunately :(
Overall my experience is super good as you can see from the overview below I managed to sell an investment I made in literally a couple of seconds to Envestio, showing that they are reliable and are maintaining their promises; here all my Envestio investments
I closed almost all my positions with housers and moved my money to grupeer; So far I am happy with the decision, the loans are all short terms 12-24 months, on the other side it's a pity that there is no secondary market; September earnings continue to grow another +100€ hope to earn every month such amount with only 10k invested seems to me a great alternative to Mintos and Envestio!!
But the biggest part of my passive income is coming from ETF, and if you are curious to learn more about it here the breakdown:
Every time I am loosing on ETF, I have to admit the robot is doing a better job than what I do with my manual investments; Since beginning of 2019 robot performed better than what I choose 3 times (March & May, August), while my ETF for 6 times beat the robot; Have a look below where the robot is investing my money click here and invest with me
I am manually investing in this 2 ETF (more details here) and as mention this month my manual selection performed better than the Selma robot; I am earning more than 20% on average since the beginning and more than 18% from the beginning of 2019; also on this I am doing better than the robot that is performing around 8%...I might consider to divest my money from Selma and invest them somewhere else, but let's see I will continue to keep an eye on this, I have the feeling that in case of a crises Selma will contain better the loses;
Happy investing everyone!