Good morning guys! Today we’re here to check my Passive Income Report of June 2020 😀 I made some new investments, and I’m still reducing the amount invested the P2P lending. I still think that there are more interesting opportunities in the stock market at the moment.
As you probably know, we still have issues with Grupeer. The platform is not yet closed, but the loans are stopped. So my advice is: stay away from this platform!
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 June?
Earnings from P2P Lending and Real Estate crowdfunding platforms
Platform | Balance | Interest | Referral | TOTAL |
EstateGuru | 1099,97 | 8,04 | 0,00 | 8,04 |
Mintos | 768,97 | 6,14 | 0,00 | 6,14 |
ViaInvest | 127,78 | 1,23 | 0,00 | 1,23 |
Lenndy | 347,26 | 4,33 | 0,00 | 4,33 |
Swaper | 81,51 | 0,74 | 0,00 | 0,74 |
Housers | 1115,98 | 2,01 | 0,00 | 2,01 |
Twino | 10,81 | 0,07 | 0,00 | 0,07 |
Robocash | 141,48 | 0,00 | 0,00 | 0,00 |
Grupeer | 1107,81 | 0,00 | 0,00 | 0,00 |
Bulkestate | 100,00 | 0,00 | 0,00 | 0,00 |
TOTAL | 4901,57 | 22,56 | 0,00 | 22,56 |
Earnings from my other Passive Income sources
Platform | Earnings | Referral | TOTAL |
Oval | -1,05 | 0,00 | -1,05 |
Amazon Aff. | 0,00 | 0,00 | 0,00 |
E-book | 0,47 | 0,00 | 0,47 |
Targetcircle | 0,00 | 0,00 | 0,00 |
eToro | -0,86 | 0,00 | -0,86 |
DiversityFund | 15,00 | 5,00 | 20,00 |
SolidTradeBank | 2,50 | 5,00 | 7,50 |
Dividends | 5,72 | 0,00 | 5,72 |
Celsius Network | 1,10 | 0,00 | 1,10 |
Blog | 1,17 | 0,00 | 1,17 |
TOTAL | 24,05 | 10,00 | 34,05 |
Total Passive Income: 56,61€
Comments about P2P Lending and Real Estate crowdfunding
Passive Income from P2P Lending si constantly decreasing, and it’s normal considering that I’m withdrawing from all my P2P balances. The Income from the Other sources also decreased last month.
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.
If I add the Passive Income generated in June to the previous total, I obtain a result of 4485,62€ 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. I blocked the auto-invest function in order to withdraw money from my balance. My intention is to reach a balance of 500-600€ on this platform.
EstateGuru
Return a little lower than normal on EstateGuru (0.90%). Currently, I have 16 loans in my Portfolio and one loan (loan #8162) is defaulted. Last month I invested in a new bullet project.
Housers
I always write that on this platform the monthly return is between 0.25% and 0.35%, but in June it was 0.18%.
Swaper
June’s return had been very good: 0.92%. I intend to withdraw something else from my balance.
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
Good month on ViaInvest for me (0.97%). 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 June 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 June, for a total of 5,72€. It’s getting a decent amount, and the goal for the next months is to stabilize it.
In May I sold one more 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 two HYIPs that I use (SolidTradeBank and DiversityFund) made me earn a total of 27,50€ in June. They’re still working fine, even though DiversityFund changed websites. You can subscribe to the new platform by clicking on the link above. However, I’m withdrawing from the balance of DiversityFund, because I realized I have a too big balance. 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). June had been a negative month: I got a -0,86€ return.
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 139,61 (-1,05€ more than the end of May).
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 June I got earnings for 1,10€. Interests on my deposited cryptos are always on time and I suggest this platform to crypto newbies 🙂
Portfolio Composition
Some changes in June:
- 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
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! 😀
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