My Passive Income Report – September 2020

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

In the last month I made some new investments (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 momey 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 “Management of repayment process“.

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 September?

Earnings from P2P Lending and Real Estate crowdfunding platforms

Platform

Balance

Interest

Referral

TOTAL

EstateGuru

1150,17

4,44

0,00

4,44

Mintos

789,25

6,47

0,00

6,47

ViaInvest

130,65

0,77

0,00

0,77

Lenndy

357,74

3,16

0,00

3,16

Swaper

83,53

0,09

0,00

0,09

Housers

1097,34

2,01

0,00

2,01

Twino

11,02

0,07

0,00

0,07

Robocash

145,84

1,67

0,00

1,67

Grupeer

1107,81

0,00

0,00

0,00

TOTAL

4873,35

18,68

0,00

18,68

Earnings from my other Passive Income sources

Platform

Earnings

Referral

TOTAL

Oval

-2,52

0,00

-2,52

Amazon Aff.

0,00

0,00

0,00

E-book

1,36

0,00

1,36

Targetcircle

0,00

0,00

0,00

eToro

-6,46

0,00

-6,46

SolidTradeBank

2,50

2,50

5,00

Dividends

3,40

0,00

3,40

Celsius Network

1,49

20,00

21,49

Blog

1,00

0,00

1,00

Banca Progetto

1,36

0,00

1,36

TOTAL

2,13

22,50

24,63

Total Passive Income: 43,31€

Comments about P2P Lending and Real Estate crowdfunding

Passive Income from P2P Lending decreased last month, due to the lack od referral commissions. As you know, I’m withdrawing from all my P2P balances so it’ll be normal to see a decrease in the earnings in the next months.

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. 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 September to the previous total, I obtain a result of 4710,32€ of Passive Income (from November 2017). I would like to reach 5000€ within the end of the year, but it’s very very 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 (6,47€). I re-started the auto-invest because I reached the balance I was aiming for. Now I have something like 790€ on this platform.

EstateGuru

Bad month on EstateGuru, but finally I recovered the money I’ve invested in loans #8162, that was defaulted. Currently, I have 15 current loans in my Portfolio and one late loan (loan #2140). I’m still investing my earnings on the platform because I think that it works very well. Indeed in September I invested in 1 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

Bad month also on Swaper with a gain of only 0,09€. 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

Standard 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.

Comments about other Passive Income sources

Let’s start from TargetCircle, the affiliation platform that I use to present you interesting bonuses. In September 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 September, for a total of 3,40€. Monthly dividends are increasing, and I’m really happy about this. My goal for next months and years is to increase it to at least 100€ per month.

In September 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 HYIP that I use (SolidTradeBank) made me earn a total of 5,00€ in September. 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 followed OlivierDanvel and kela-Leo, but in August I replaced kela-Leo with a new trader (rubymza), with the hope to perform better. Howewer, September had been a negative month: I got a negative return, -6,46€.

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 144,61€ (2,52€ less than the end of August).

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 September I got earnings for 21,49€. 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 September:

  • 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 many individual stocks (MU, MAXR, FB, W)

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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