More than one month ago I wrote a post about the new instrument released by Mintos, the Invest&Access function. Today I want to give you an update about my Mintos Invest&Access Portfolio.
If you still don’t know Mintos, you can find here its complete review.
Just to make a brief recap: in the previous article about this topic, I explained my setup for the Mintos Invest&Access instrument. I decided to try this function with a Portfolio Target equal to the minimum amount (500 EUR).
As you can see in the image below at the moment I have 313.17 EUR invested on this instrument and a total profit of 0.91 EUR. I still not have reached 500 EUR because my main balance is mostly invested in long-term loan, so it is not available for now.
Moreover I also insert a screen with some interesting data. For instance, you can see the current average interest rate of my Invest&Access portfolio (12,67%, that is a quite good interest rate), the average term of the loans (16 months) and the percentage of current and late loans. At the moment almost 16% of the loans are late. This last percentage is a little bit volatile: its range goes from 10% to 20%.
You can also see the main loan originators of my portfolio. The most present are Mogo, ID Finance and Varks which added up constitute about the 35% of the whole Invest&Access Portfolio. Then we find the minor loan originators.
If you’re using Mintos Invest&Access you can compare your performance with mine. How is your portfolio performing? Let me know in the comments! I think that comparing our performance can be useful for all of us.
Do not forget that I opened a Facebook page for FinanceShot. You can find it here. Like it if you don’t want to miss anything or interact with me. It’ll be a pleasure for me!
Moreover, if you want to receive my posts directly on your email, remember to subscribe to the blog by inserting your email in the form you can find on the bottom right of the blog.
I also opened the official Telegram groups for FinanceShot dedicated to my readers. You can find here the italian group and here the english group. We’ll have the opportunity to discuss about all the topics covered by FinanceShot.