Monthly Update: April 2020

monthly updates
Stock markets and precious metals prices are rising fast. Share prices far too fast in my opinion

April 2020

Welcome to my monthly update.

Stock markets and precious metals prices are rising fast. Share prices far too fast in my opinion, the economic blow is yet to come. For precious metals, the financial climate will only get better as thousands of billions of euros and dollars will be pumped into the system will have consequences. Debts become unsustainable. Interest remains low . This is a perfect environment for precious metals. I made quite a few purchases in March, especially gold and silver mining stocks, supplemented with some ETFs in mainly silver and platinum, which are still relatively cheap compared to gold. As can be seen in the graphs, I slightly reduced exposure to P2P. Not that I no longer trust the concept, but the current circumstances are less favorable and the risks are higher. In addition, I expect the return on silver and gold mines to be higher than P2P, just like Uranium mines, by the way.

Still a lot of e-mails from the different P2P platform regarding COVID-19 .

The difference in maturity between the platforms is beginning to become visible. A number of platforms such as Crowdestor and Wisefund have taken a 3-month break in terms of repayment and interest payments. Platforms like Grupeer and Monethera use the situation as an excuse to hide the fact that there is much more going on below. My confidence in the last two is 0 right now. They still appear in the overviews because both websites are still up and running. Other platforms like Crowdrealestate, Mintos, Peerberry and Swaper and Robocash seem to be able to handle the situation better.

I do not foresee a positive return on my P2P portfolio for the next two years, but I remain positive about the concept. The platforms that successfully weather this COVID-19 crisis will generate confidence in the future of the platform. Ultimately, investing is a long-term process.

For now it is important that everyone stays healthy, because that is priceless!

Monthly return for April 2020 was €212. Total result is –€2.079

for more info on investments see my p2p journeys section

Check the charts below for my monthly progress, total income and total invested since the start of my p2p journey in January 2019. I also updated the P2P results page

updated april 30, 2020
monthly
return
€212
monthly
invested
€388
total
invested
€43.605
total
return
-2.079 €

for more info on investments and progress see my p2p journeys section

bulkestate

No investments this month

Return for April 2020 was only €2,07 same as last month. However, as shown in the graph, most projects only pay interest at the end of their term.

for more info on investments and progress see my bulkestate journeys section

crowdestate

No investments this month. Withdrew 200. The number of loans with issues are stable at the moment.

Return for April 2020 was 9.63

for more info on investments and progress see my crowdestate journey section

crowdestor

Crowdestor announced a Recovery Period of 3 Months due to the COVID-19 crisis. During this time CROWDESTOR will defer any loan repayments and will not affect any liens or other securities that CROWDESTOR holds.

Return for April 2020 due to this Recovery Period was €0.

for more info on investments and progress see my crowdestor journey section

crowdrealestate

No investments this month.

Return for April 2020 was 23,76. Highest return so far.

for more info on investments and progress see my crowdrealestate journey section

estateguru

Three project finished in April 2020 and received the invested amount plus interest. Re-invested in five new projects with an interest rates of 12-14% spread over three countries.

Return for April 2020 was €25,63, highest so far. Many project don’t have a monthly return schedule so the returns in this platform are lower on a monthly base.

for more info on investments and progress see my estateguru journey section

evoestate

No investments this months, as no interesting projects were listed.

Return for April 2020 was stable at €10,45. It takes a while before these real estate projects start seeing return. The next couple of months should see a higher return.

for more info on investments and progress see my evoestate journeys section

fastinvest

Return for April 2020 was €6.23 for the euro en polish złoty portfolio combined. The graphs are starting to see positive numbers again.

for more info on investments and progress see my fastinvest journey section

Exchange Rate: EUR

grupeer

Once one of my favorite platforms is probably a scam. For the moment all payments to investors of Grupeer are currently suspended (like Crowdestor, Monethera and Wisefund), but in case of Grupeer a couple of their loan originators don’t have license to lend out money as it appears in several Telegram groups.

As long as the website up-and-running, I will not write off Grupeer and include the results in my weekly and monthly overviews. However, I am not very positive about the outcome.

Return for April 2020 was €0. I withdrew €100 in March 2020 but the money has not been deposited to my bank account yet.

for more info on investments and progress see my grupeer journey section

housers

Three project finished in March. No re-onvestments as thenet gain (after taxes and platform cost) are to low. The last couple of months more and more projects are delayed. The good thing is that as an investor we can vote on the proposal made by a developer in a ‘Lenders Meeting’ for a new payment schedule. The bad thing is the number of “Lenders Meetings’ are rising. So far I received all the payments.

Return for April 2020 was 15.04 (this is after tax and the housers fee). These extra costs take a big chunk out of the profits. I will try to deduct tax within my own country.

for more info on investments see my housers journey section

lender & spender

For Lender & Spender I choose to pay out the redemption to my bank account instead of reinvesting. As this platform is also supervised by the Dutch Financial Markets Authority I will probably increase my investments the next couple of months despite the lower returns (4.0%)

Return for April 2020 was €6,05

for more info on investments and progress see my lenderspender journey section

mintos

My favorite platform so far due to the number of loan originators, the extensive auto-invest features and the good interest rates, although they fluctuate month-by-month. Interest rates are rising fast up to 26%. But they come with a risk as the COVID-19 situation continues.

I withdrew €2.000 to balance my P2P portfolio. Money was deposited within a couple days.
Return for April 2020 was a stable €122,68 for the euro and russian ruble portfolio combined.

for more info on investments see my mintos journey section

Exchange Rate: EUR

monethera

Monethera announced a temporary complete cessation of the work of their platform. It is not looking good. Monethera was previously the subject of conversation on Telegram (and not in the positive). Chances are very high that this platform is also subject to fraud.

As long as the website is up and running, Monethera will remain in my weekly and monthly overviews. But I also expect to write off this platform within a few weeks.

Return for April 2020 was €0

for more info on investments see my monethera journey section

peerberry

Another one of my favorite platforms with an average yearly return of 11.9%. Withdrew €1.704

Return for April 2020 was 25,74, highest so far

for more info on investments see my peerberry journeys section

robocash

Return for April 2020 was €7.98

for more info on investments see my robocash journey section

swaper

Still going steady with a rising average yearly return of 11.6%. Withdrew €635

Return for April 2020 was a steady €14,15

for more info on investments see my swaper journeys section

wisefund

Wisefund is also subject to criticism on Telegram. For now the platform is holding just not paying any interest (like Crowdestor, Grupeer and Monethera)

Return for April 2020 was €0 ,


for more info on investments see my wisefund journeys section

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