Good morning guys! Today weโre here to check my Passive Income Report of December 2020 ๐
As you know, my strategy for 2021 is to increase my position in Stocks and ETFs, but weโll talk more about this later in this post. Moreover, Iโm reducing the amount invested the P2P lending because think that at the moment there are more interesting opportunities in the stock market.
Letโs 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 โStatus reportโ.
As you probably know, in the last months Iโve been modifying a lot my Investment Portfolio: I acquired and then sold some stocks, as you can check on the dedicated page and Iโm continuing to constantly increasing my ETF shares.
I started to invest in ETFs at the beginning of the year, and now Iโm 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
Platform | Balance | Interest | Referral | TOTAL |
EstateGuru | 1177,30 | 5,23 | 0,00 | 5,23 |
Mintos | 811,69 | 7,42 | 0,00 | 7,42 |
ViaInvest | 132,85 | 0,67 | 0,00 | 0,67 |
Lenndy | 367,75 | 1,81 | 0,00 | 1,81 |
Swaper | 84,69 | 1,16 | 0,00 | 1,16 |
Housers | 1103,73 | 3,15 | 0,00 | 3,15 |
Twino | 11,22 | 0,06 | 0,00 | 0,06 |
Robocash | 150,38 | 2,08 | 0,00 | 2,08 |
Grupeer | 1107,81 | 0,00 | 0,00 | 0,00 |
TOTAL | 4947,42 | 21,58 | 0,00 | 21,58 |
Earnings from my other Passive Income sources
Platform | Earnings | Referral | TOTAL |
Oval | 4,61 | 0,00 | 4,61 |
Amazon Aff. | 0,00 | 0,00 | 0,00 |
E-book | 0,47 | 0,00 | 0,47 |
Targetcircle | 0,00 | 0,00 | 0,00 |
eToro | 12,88 | 0,00 | 12,88 |
SolidTradeBank | 2,50 | 1,50 | 4,00 |
Dividends | 17,43 | 0,00 | 17,43 |
Celsius Network | 3,08 | 0,00 | 3,08 |
Blog | 1,19 | 0,00 | 1,19 |
Banca Progetto | 2,32 | 0,00 | 2,32 |
TOTAL | 43,29 | 1,50 | 44,79 |
Total Passive Income: 66,37โฌ
Comments about P2P Lending and Real Estate crowdfunding
Passive Income from P2P Lending decreased last month (it was 107,13โฌ in November), considering that in November I got big revenues on Oval and eToro. In addition, Iโm withdrawing from all my P2P balances so itโll 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. Thatโs why in parallel, Iโm 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 4935,13โฌ of Passive Income (from November 2017). My goal was to reach 5000โฌ 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 (7,42โฌ). I re-started the auto-invest because I reached the balance I was aiming for. Now I have something like 810โฌ on this platform.
EstateGuru
Below-the-average month on EstateGuru. I finally recovered the money Iโve invested in loans #8162, that was defaulted. Currently, I have 17 current loans in my Portfolio and two late loans (loan #2140 and #0158). Iโm 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 Iโm thinking of exiting from Housers.
Swaper
Finally a “normal” month on Swaper (Earnings for 1,16โฌ). This platform is quite volatile, so I expect months like this. In any case, Iโm satisfied about my balance on this platform, so Iโll 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 0,07/0,08โฌ 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 370โฌ, and my goal is to not exceed 400โฌ.
Robocash
Very good month on Robocash, after some bad months. My balance goal for this platform is something around 200โฌ (currently I have a balance of 150โฌ).
Comments about other Passive Income sources
Letโs start from TargetCircle, the affiliation platform that I use to present you interesting bonuses. In December I earned 0,00โฌ from TargetCircle. I believe this is due to the fact that itโs 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 17,43โฌ. Monthly dividends are increasing, and Iโm really happy about this. In 2021 I want to gain 200โฌ 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 4,00โฌ in December. SolidTradeBank is still working fine, and Iโm largely positive.
Remember: this kind of platforms is very very risky, so pay attention!
Now letโs talk about eToro, the trading platform Iโm 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 12,88โฌ.
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 180,79โฌ (4,61โฌ more than the end of November).
Finally, the latest platform that I added to my Investment Portfolio. Iโm talking about Celsius Network, a platform that I use to invest part of my crypto coins. In December I got earnings for 3,08โฌ. 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, weโll 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. Iโm pretty happy about how itโs evolving, and Iโm 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 ๐
2 comments
Hi Domenic- great post- what are you earning your dividend income with? I am interested in building my portfolio here.
Hello! Thank you very much ๐ I’m earning dividends from individual stock and ETFs. I’ll share my Portfolio in the next weeks ๐