My Passive Income Report – December 2020

Good morning guys! Today we’re here to check my Passive Income Report of December 2020  🙂

As you know, my strategy for 2021 is to increase my position in Stocks and ETFs, but we’ll talk more about this later in this post. Moreover, I’m reducing the amount invested the P2P lending because think that at the moment there are more interesting opportunities in the stock market.

Let’s start with the bad news: Grupeer still have issues. I consider it in my portfolio but I know that at 99% my money on it is lost. The platform is not yet closed, but the loans are stopped. So my advice is: stay away from this platform! They posted a new article on their blog, called “Status report“.

As you probably know, in the last months I’ve been modifying a lot my Investment Portfolio: I acquired and then sold some stocks, as you can check on the dedicated page and I’m continuing to constantly increasing my ETF shares.

I started to invest in ETFs at the beginning of the year, and now I’m following my ETF Investment Strategy. I suggest you to also read my previous Passive Income Report so you can have an idea of how my Passive Income is evolving.

But how much Passive Income did I generate in December?

Earnings from P2P Lending and Real Estate crowdfunding platforms

Earnings from my other Passive Income sources

Total Passive Income: 66,37€

Comments about P2P Lending and Real Estate crowdfunding

Passive Income from P2P Lending decreased last month (it was 107,13€ in November), considering that in November I got big revenues on Oval and eToro. In addition, I’m withdrawing from all my P2P balances so it’ll be normal to see a decrease in the earnings coming from these sources in the next months.

As I said many times, my strategy for 2021 is to mainly invest in ETFs and stocks, and reduce the share of P2P lending in my Investment Portfolio. That’s why in parallel, I’m buying also some individual stocks when I see a good opportunity.

If I add the Passive Income generated in December to the previous total, I obtain a result of 4935,13€ of Passive Income (from November 2017). My goal was to reach 5000€ within the end of 2020, but as you can see I failed this goal. Remember that you can always find the updated results in the dedicated pages: My Investment Portfolio and Income Graphs.

Mintos

Average month on Mintos (7,42€). I re-started the auto-invest because I reached the balance I was aiming for. Now I have something like 810€ on this platform.

EstateGuru

Below-the-average month on EstateGuru. I finally recovered the money I’ve invested in loans #8162, that was defaulted. Currently, I have 17 current loans in my Portfolio and two late loans (loan #2140 and #0158). I’m still investing my earnings on the platform because I think that it works very well. Indeed in December I invested in 3 new projects.

Housers

The monthly return gained on this platform is always in the range 0.25%-0.35% for me. Not so good, indeed I’m thinking of exiting from Housers.

Swaper

Finally a “normal” month on Swaper (Earnings for 1,16€). This platform is quite volatile, so I expect months like this. In any case, I’m satisfied about my balance on this platform, so I’ll not withdraw anything in the next months.

Twino

I withdrew all my Twino balance some months ago. At the moment I only have two defaulted loans that pay me 0,07/0,08€ per month.

ViaInvest

Below-the-average month on ViaInvest. I started again the Auto-Invest function, because I reached the balance I want to keep on this platform, but the interests earned are obviosuly less compared to months ago.

Lenndy

Below-the-average month on Lenndy, but I expect performance like this by this platform. Now I have a balance aroung 370€, and my goal is to not exceed 400€.

Robocash

Very good month on Robocash, after some bad months. My balance goal for this platform is something around 200€ (currently I have a balance of 150€).

Comments about other Passive Income sources

Let’s start from TargetCircle, the affiliation platform that I use to present you interesting bonuses. In December I earned 0,00€ from TargetCircle. I believe this is due to the fact that it’s a hard period for P2P platforms, and people is staying away from these websites at the moment.

I received dividends during December, for a total of 17,43€. Monthly dividends are increasing, and I’m really happy about this. In 2021 I want to gain 200€ of dividends.

In December I sold one copy of  my e-book dedicated to the Financial Freedom Challenge. As you know, I finally published the Italian version. I suggest you to check it out, it can be a very interesting read in this particular period. Click on this link to open the Amazon page of the e-book.

The HYIP that I use (SolidTradeBank) made me earn a total of 4,00€ in December. SolidTradeBank is still working fine, and I’m largely positive.

Remember: this kind of platforms is very very risky, so pay attention!

Now let’s talk about eToro, the trading platform I’m currently using to copy trade two traders. In August I replaced kela-Leo with a new trader (rubymza), with the hope to perform better. Howewer, December had been a positive month: I got a return equal to 12,88€.

Then a brief update about Oval, an application that I use to invest part of my savings. At the moment I have a balance of 180,79€ (4,61€ more than the end of November).

Finally, the latest platform that I added to my Investment Portfolio. I’m talking about Celsius Network, a platform that I use to invest part of my crypto coins. In December I got earnings for 3,08€. Interests on my deposited cryptos are always on time and I suggest this platform to crypto newbies  If you register from this link and deposit at least $200 in cryptos, we’ll both receive $20 in crypto bonus.

Portfolio Composition

Some changes in December:

• I increased my investment in ETFs (ISHARES MSCI EM A and VANGUARD FTSE HDY)
• I decreased my investments in P2P Lending
• I decreased my HYIPs balances
• I bought and sold many individual stocks (BABA, FCEL, TDOC, SFT, IEC, UPLD, TNC, NLS, PLTR)

News & Updates

I finally published the Italian version of the Financial Freedom Challenge e-book. You can buy it HERE for a very little price! 

As you probably know on Amazon is already available the English version, that you can find here.

Finally, some months ago I created an Instagram account for the blog. I’m pretty happy about how it’s evolving, and I’m trying to publish a post a day. So please, follow me also on Instagram! In addition, be sure to make part of the biggest italian Telegram group dedicated to P2P lending, P2P Lending Italia.

I hope you liked this new Report, and stay tuned for the next one! 

Remember to subscribe to the blog if you want to receive my content directly on your mail 🙂