It’s my favorite time of the month! – Time to look back on the month that passed!
I was really feeling the heat in February (it was double digits outside!) – and it was not just because of my vacation. The weather once again broke all sorts of records. On the financial front however, no records were broken.
February proved to be yet another stable passive income stream month – while not quite reaching the all-time high from January.
It’s also the blogs 6-months anniversary (YAY! I’ve made it this far, and I feel like I’m still going strong! No blogging fatigue here!). My visitor stats however DID break a new record, albeit my views dropped significantly. I think this is to be expected. It’s my first time really tracking these metrics, and it’s really only due to my competitive nature that I even bother looking at these figures.
Anyway, let’s get to the fun stuff!
Here are the numbers from the (spring?!) month of February:
|Platform||Value last month||Current value||Change (+/-)||Change (%)||Expected yearly return|
|Bulkestate||€ 3.525||€ 3.525||€ 0||0,00%||14%|
|Crowdestate||€ 301||€ 305||€ 4||1,33%||11%|
|Crowdestor *||€ 405||€ 510||€ 5||1,23%||15%|
|Envestio *||€ 3.124||€ 3.125||€ 51||1,63%||16%|
|Estateguru||€ 202||€ 203||€ 1||0,50%||11%|
|FastInvest||€ 202||€ 204||€ 2||0,99%||14%|
|Grupeer||€ 1.072||€ 1.088||€ 16||1,49%||13%|
|Mintos||€ 936||€ 945||€ 9||0,96%||10%|
|€ 9.767||€ 9.905||€ 88||0,90%||13%|
|Bank #1 cash (main savings)||€ 40.000||€ 41.000||€ 1.000||0,70%|
|Bank #2 cash (emergency fund)||€ 13.333||€ 13.333||5%|
|Total balance||€ 64.238|
All platforms paid out a little something this month (except for Bulkestate – they only pay interests when a project finish – which is not until October. I stand to receive €489 in interest from Bulkestate this year. I could thus add €40,75 to my monthly earnings for Bulkestate, but I don’t like to count unrealized earnings).
I did not receive any bonus payments at Envestio this month, but they are not due until the 5th of the month, so there might drip in a few extra € later on. Thanks again for your support, guys! It’s much appreciated. I did however receive my first principal payment back at Envestio. €500! So now I have a little extra pocket-money, to maybe make some new investments at Crowdestor, Grupeer or Crowdestate (maybe all of them!). I’m thus going to continue to diversify my Crowdlending portfolio in March. I’ve kind of regained my trust in Mintos, so I might add a couple of € to Mintos as well!
In total I made a profit of €88 from my crowdlending investments.
I also added €1000 to my savings (which was a little less than last month, but it’s on target for my yearly savings goal – sort of). All in all, not too shabby I think! If every month was this average, I’d be quite content in 10-15 years time 😛
I fell a little behind on my Total Balance target, but only by about €100, so I should be able to make that up next month 😉
Looking at this graph I definitely feel like, I need to do something to add to my dividend intake! Next year, I will not be able to stay on target, just by my savings deposits alone (which is pretty much what’s going on right now…). I’m now however 16% of the way towards my Total Balance goal! Up 1% from last month! YAY! (because I don’t round up/down – I passed 16% this month)
I’m lazy by nature, so I’m no longer going to include any fancy graphs in the monthly update (boooooo!). Relax. You’ll still be able to enjoy my mad graph-skills if you go to The Portfolio 😉 (which will of course be updated every month, with the latest numbers).
Unfortunately, I also received some disturbing news this month!
Remember how I’ve been awaiting that perfect real estate investment opportunity from a developer? Well, it turns out that the authorities (Finanstilsynet/Erhvervsstyrelsen) have decided to re-interpret the law on these type of investments (this is not the first time they’ve done this!) – so the buy-in has now (again) been fixed at €100.000+.
I currently have just over half of that in the bank! It’s going to take me at least a couple of years to scratch together the other half…What’s even worse about this, is that I think this might be the same reason why brickshare.dk has been “shut down” for the last couple of months. Their business case rely on the same fundamental principles as Imbro, Koncenton, Crescendo, Difko, Gefion Group etc. Of course, this is only speculations. I’ve contacted brickshare to get an explanation, but I’m honestly not expecting much to come of it…No news is good news?
Anyway, this does not change my overall strategy – but it does put me in a bit of a pickle. If I’m to spend the next couple of years trying to accumulate enough cash to make that €100.000 cash-drop (to buy 10% of a rental property), should I invest (at least some of) that cash while I wait?…Hmm. Decisions, decision. Any input is greatly appreciated (hit me up in the comments – what do you think?).
This is getting kind of tedious, Nick – how about them blog stats?!
Oh, yes! For 5 consecutive months, I’ve had a nice steady incline of both views and visitors on the blog (thank you, viewers and readers!). My symmetry-loving brain was over the moon! But then, this happened:
Aw, man! Still, 350+ visitors in one month is pretty awesome, I think! I didn’t really have any expectations when I started blogging, so seeing that people actually visit on a regular basis is amazing! Again, thank you for stopping by! I hope your visit was pleasant and/or informative 😉 (unfortunately the stats also reveal that the majority of my visitors never make it past the front page – but a visitor is a visitor! 😛 )
I now find myself in a bit of a dilemma. I don’t intend to monetize my blog (at least not for now – I feel it would somehow take away some of its charm) and I certainly don’t intend to start twittering or tweeting or whatever the hell the youngsters call it (watch out, grumpy old man coming through! 😛 )! – But what can I actually expect, if I don’t somehow try to market my blog? I don’t know, but I guess we’re gonna find out 😉
Anyway, that’s it for this months update! See ya’ll next month! (Texas forever, baby! – Yes that was a Friday Night Lights reference. BAZINGA!)