With Easter vacation behind me (one relaxing weekend) it’s time for my monthly income report for the month of April 2019. This month I just made only one deposit of €200 on Kuetzal because I wanted to have a better picture of my portfolio’s performance and because I am getting increasingly fond of this platform. Also, DeGiro was starting to complain about the lack of deposits on my stock portfolio in favor of p2p lending lately. Let’s get right to it.
This is the only platform I made a deposit this month of €200 and invested in two projects yielding 17.5% and 15%. For May, I am preparing an interview with Kuetzal’s CEO Alberts Cevers. Within the interview, he extended a special promotion to the readers of my blog with a €15 coupon towards your first investment using promo code “P2PINCOME” during sign up. The bonus will be credited to your account immediately after sign up, that is on top of the normal 0.5% cashback bonus on your investments during your first 180 days with the platform. The interview itself will be published next week because I have some follow-up questions for him. If you have any questions for him let me know in the comments section. My profit from Kuetzal was €1.56.
Click here to sign up to Kuetzal and get an exclusive 0.5% bonus for any investment you make during the first 180 days. Also, don’t forget to use code “P2PINCOME” during sign up to receive 15€ free for your first investment. The bonus is credited right after sign up.
Mintos broke a record this month with the milestone of 2 billion loans funded on the platform. It also had a record number of loans listed on the primary market and unexpectedly high rates that were as high as 15.1%. I chose to invest in different loans than the ones that yielded 15.1% but still, a rising tide lifts all boats, and was able to get higher rates from quality originators. My profit from Mintos was €59.23.
I am extremely happy with Grupeer and its loan performance. All loan payments have been made on time on the due date, no exceptions. It’s nice to know that there is a buyback guarantee in place but honestly, the loan performance is so good that I don’t think it will never go into effect, at least for the loans in currently in my portfolio. My profit from Grupeer was €4.83.
ViaInvest is a very interesting platform. The rates are not nearly as high as Mintos or Grupeer but I still like it a lot. Loan performance is great but I only pick loans that the borrower had previous relationship with the originator. I try to pick loans with as many previous loans taken as possible. I also made an investment of €10 made from the refer-a-friend program, I don’t know if that should be put on the profit from the platform or at the deposits. I will put it on the deposits for new. Profit from ViaInvest was €1.80.
At first, I was not a huge fun of PeerBerry because of its poor loan performance on the loans on my portfolio but after the first couple of months things normalized as you can see on my “Investment Statuses” tab on the following screenshot. Profit from PeerBerry was €2.28.
For all the issues that the platform has, it has a very dependable loan performance because of its 3-day buyback guarantee. Also, with the new redesign, the platform has a very nice interface. The known issues are still there though. If you are unfamiliar with the platform I encourage you to read my full review. Profit from FastInvest was €2.84.
The platform is great and the month of April had no surprises apart from a loan that remains unfunded from last week. That is probably a record for Envestio as I am used to people fighting over their loans with loans funded in just minutes of being published. I guess people are not very fond of crypto mining (I will not fall into the rabbit hole and try to comment on that, one way or the other). Total profit from Envestio was €8.82.
This month Crowdestor lowered their minimum investment amount from €100 to €50. That is a nice update and it gives you the opportunity to diversify your portfolio further. I am getting increasingly fond of this platform as well. Total profit from Crowdestor was €4.70.
I started using Bondster last March and overall it is a pretty standard experience. I only have €100 in it and I just deposit it as a test. On the 30th of April, there was a special promotion with some loans that offered 15% return, they sent an email when they published the loans but I didn’t get to it in time. The difference would be pretty insignificant given the size of my account anyway. Bondster profit was
You can sign-up and receive 1% cashback for any funds you invest during your first 90 days. You also need to enter promo code “P2PIncome” to be eligible for the offer.
For the month of April 2019, I invested in 2 different platforms a total amount of €210 (including the bonus at ViaInvest) and the total return from interest, late fees and secondary market transactions was €87.01. That is a 25.12% increase for last month. That was a personal record for me so I am pretty happy. My overall portfolio yielded 1.13% this month.
One Month Closer To FIRE,