Good morning guys! Today weโre here to check my Passive Income Report of July 2020 ๐ In the last month I made some new investments (Stocks, ETFs). Moreover, Iโm 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 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 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: 87,63โฌ
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, Iโm 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 4573,25โฌ of Passive Income (from November 2017). I would like to reach 5000โฌ within the end of the year, but itโs 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 (7,01โฌ). I re-started the auto-invest because I reached the balance I was aiming for. Now I have something like 775โฌ 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
Juneโs 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 0,07/0,08โฌ 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.
Comments about other Passive Income sources
Letโs start from TargetCircle, the affiliation platform that I use to present you interesting bonuses. In July 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 some dividends during July, for a total of 4,09โฌ. 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 100โฌ 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 27,00โฌ 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 letโs talk about eToro, the trading platform Iโm currently using to copy trade two traders (OlivierDanvel and kela-Leo). July had been a negative month: I got a -0,94โฌ 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 136,71โฌ (2,90โฌ less than the end of June).
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 July I got earnings for 1,09โฌ. Interests on my deposited cryptos are always on time and I suggest this platform to crypto newbies ๐
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! ๐
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! ๐
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