My Passive Income Report – July 2020

Good morning guys! Today we’re here to check my Passive Income Report of July 2020 😀 In the last month I made some new investments (Stocks, ETFs). 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 have issues. I still consider it in my portfolio but I tjink it’s gonna close soon. The platform is not yet closed, but the loans are stopped. So my advice is: stay away from this platform! Then, finally, also DiversityFund probably scammed.

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 July?

Earnings from P2P Lending and Real Estate crowdfunding platforms

Platform

Balance

Interest

Referral

TOTAL

EstateGuru

1110,51

10,54

0,00

10,54

Mintos

775,89

7,01

0,00

7,01

ViaInvest

128,75

0,97

0,00

0,97

Lenndy

350,74

3,48

0,00

3,48

Swaper

82,74

1,23

0,00

1,23

Housers

1117,99

2,01

0,00

2,01

Twino

10,88

0,07

0,00

0,07

Robocash

141,98

0,51

0,00

0,51

Grupeer

1107,81

0,00

0,00

0,00

Bulkestate

100,00

28,00

0,00

28,00

TOTAL

4955,19

53,82

0,00

53,82

Earnings from my other Passive Income sources

Platform

Earnings

Referral

TOTAL

Oval

-2,90

0,00

-2,90

Amazon Aff.

0,00

0,00

0,00

E-book

0,94

0,00

0,94

Targetcircle

0,00

0,00

0,00

eToro

-0,94

0,00

-0,94

DiversityFund

15,00

7,00

22,00

SolidTradeBank

2,50

2,50

5,00

Dividends

4,09

0,00

4,09

Celsius Network

1,09

0,00

1,09

Blog

4,53

0,00

4,53

TOTAL

24,31

9,50

33,81

Total Passive Income: 87,63€

Comments about P2P Lending and Real Estate crowdfunding

Passive Income from P2P Lending increased last month, thanks to the big interest received on Bulkestate. However, as I said before, I’m withdrawing from all my P2P balances so it’s normal to see a decrease in the earnings.

As you know, my strategy for 2020 is to mainly invest in ETFs and stocks, and reduce the share of P2P lending in my Investment Portfolio. In parallel, I’m buying some individual stocks when I see a good opportunity.

If I add the Passive Income generated in July to the previous total, I obtain a result of 4573,25€ of Passive Income (from November 2017). I would like to reach 5000€ within the end of the year, but it’s hard. Remember that you can always find the updated results in the dedicated pages: My Investment Portfolio and Income Graphs.

Mintos

Average month on Mintos (7,01€). I re-started the auto-invest because I reached the balance I was aiming for. Now I have something like 775€ on this platform.

EstateGuru

Very good month on EstateGuru. Currently, I have 14 current loans in my Portfolio and one late loan (loan #8162). I’m still investing my earnings on the platform because I think that it works very well.

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

June’s return had been very good, almost the double compared to the June. 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.

Comments about other Passive Income sources

Let’s start from TargetCircle, the affiliation platform that I use to present you interesting bonuses. In July 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 some dividends during July, for a total of 4,09€. A little bit lower compared to June, but the amount is decent and quite stable. Obviosuly, the goal for next months and years is to increase it to at least 100€ per month.

In May I sold two copies 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 two HYIPs that I use (SolidTradeBank and DiversityFund) made me earn a total of 27,00€ in July. SolidTradeBank is still working fine, but as I said before DiversityFund probably scammed in the last days.

I always said that these platforms are very risky, so pay attention!

Now let’s talk about eToro, the trading platform I’m currently using to copy trade two traders (OlivierDanvel and kela-Leo). July had been a negative month: I got a -0,94€ return, quite similar to the previous month.

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 136,71€ (2,90€ less than the end of June).

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 July I got earnings for 1,09€. Interests on my deposited cryptos are always on time and I suggest this platform to crypto newbies 🙂

Portfolio Composition

Some changes in July:

  • I increased my investment in ETFs (ISHARES MSCI EM A and VANGUARD FTSE HDY)
  • I bought shares of a new ETFs (MSCI World Momentus by Xtrackers)
  • I bought and sold IMA’s stocks with a profit
  • I decreased my investments in P2P Lending
  • I decreased my HYIPs balances

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 🙂

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