Hello Everyone! Welcome to my March update, where I will discuss my returns for February 2021.
- since inception (Nov 2020) my American share portfolio has returned 29.32% against the SPDR S&P 500 ETF which returned 11.59%
- my P2P and Crowdlending investment profile returned an average of 0.56%, bringing my total for crowdlending to a return of 0.90% for 2021.
My highest returns came from Crowdestor (77%) and Mintos (0.77%)
- my Solar panel system generated 84.274 kWh of energy this month (paid out in BTC), bringing my total energy production to 796 kWh. Total carbon saved – 823.56 kg
- my total investment portfolio decreased by 0.5% from last month.
The main items that happened throughout January include:
- Released a new article – Understanding Cryptocurrency and its Benefits
- New CoinbaseEarn token – NMR
- New calculators were added to help determine Swedish Standard Tax on the ISK account.
Overall Asset Allocation
Here I provide a “big picture” of my asset diversification. I also drill down into the differences within my crowdlending portfolio
This month I withdrew more money from Crowdestor, to reduce my exposure in the platform. As per my last update, I am in the process of reducing my P2P platforms from 7 down to 3. I plan on only having exposure to Mintos (for individual loans), Crowdestor (for business loans) and Reinvest24 (for fractional real estate loans).
Progress Towards Financial Freedom
The above graph is not net wealth, but instead my progress towards a set goal for my investment portfolio.
This month my account decreased slightly, but it was less than 1%, so nothing to worry about.
I’m still smashing my guideline (by over 5%), so hopefully I can reach my goal 4 years early. However, I do understand that markets are going crazy at the moment, and that value of my shares can easily drop 20%. I actually look forward to that day, as it means that I can deploy some of the cash that is stored up. I am in it for the long haul, so I’m not worried.
I have been on the financial freedom path for a while, however, I have not documented my progress until now. Instead of using actual values, I am using percentages (with the goal being 100%). I have an initial conservative plan of 20 years and have provided a guide as to my current progress. You can also see my longer-term graph (i.e. the next 20 years) back on my main returns page.
I seem to still be outperforming the SPDR S&P 500 ETF. Obviously this is early early days, however, my goal is to be able to match the fund, while also being able to generate passive income through dividends.
(Now, my portfolio is not solely based on dividend companies. I do have other growth stocks that don’t pay dividends, however these are in other currencies and exchanges, and not a part of this account shown here. )
If you are interested to see the breakdown of the investments, please see the chart below. Dividends received last month:
P2P and Crowdlending
Quick P2P News
Here is a quick one-liner on some interesting things that were happening around in the P2P space in January:
- Reinvest24 successfully funded their first project in Spain and have now released a second project – Montesano residential complex – 5 houses
- The Sun Exchange have held another community call on various topics such as risk mitigation on Nhimbe Fresh, and the Convertible Note opportunity
- Mintos updated their their account security and have updated their “conservative” investment strategy
- Grupeer has released two new blog articles (more on that below).
My Returns in Crowdlending this month
This month saw my P2P and Crowdlending profile return on average 0.56%, which is still smaller than the majority of loans from 2019 / 2020. As mentioned last month, the new year has brought a bit more clarity to my position on various P2P platforms. I will only be maintaining a few P2P platforms, specifically:
- Mintos – for investing in consumer loans.
- Crowdestor – for investing in business loans.
- Reinvest24 – for investing in Real Estate.
Unfortunately the other P2P platforms in my portfolio haven’t performed as well as I would have liked, and hence, I am slowly reallocating money into other platforms. The above platforms will and will join other alternate investment platfoforms such as The Sun Exchange (solar panel leasing) and AxiaFunder (litigation funding). For the time being (as many of my loans are still being paid back), I have kept Bondora, Grupeer, Plenti and Fast Invest in my results table.
Plenti (previously RateSetter)
The Sun Exchange
The Sun Exchange is the world’s first peer-to-peer solar cell micro-leasing platform (if you use the affiliate link, then you will get 1 free solar cell on your first purchase!). If you are interested in finding our more about the sun exchange, please check out my full platform review.
This month my cells were able to generate 81.27 kWh of energy (paid out in BTC), and I was able to continue my purchase of solar cells in the latest project:
- Nhimbe Fresh – Packhouse & Cold Store | 510.3 kW Solar + 1 MWh Storage | Marondera, Zimbabwe (IRR 16.71%)
Helping an agricultural leader install solar panels and (for the first time) an integrated battery storage.
If you are seriously thinking about joining The Sun Exchange, the current Nhibmbe Fresh project is hands down the one with the highest return on the platform (>16%). What makes it unique, is that its the project includes an integrated battery, which means that solar is being used 24 hours a day. Additionally the lease is denominated in USD (instead of South African Rand), and the lease payments are fixed per cell per month.
The current Nhimbe project has sold over USD 1 million worth of solar cells, making this is the largest crowdsourcing campaign the African continent has ever seen. The crowdsale has been extended until April 9th, but its expected that the cells will sell out before then. You can find the information packet here, which contains everything you need to know.
Obviously do your own due diligence before investing.
My total energy generated through The Sun Exchange is currently at 796 kWh, which would allow me to drive 2,955 American miles in a Tesla Model 3 (just need to buy one first).
For some comparison, with 1 kWh you can, toast 160 slices of bread. So in that regard, I have generated enough power to toast 127,360 slices of bread.
Recently I invested in litigation funding through AxiaFunder. This is external to other platforms, as the income is not controlled by borrowers ability to pay a loan on time, the currency exchange rate, the markets, or other global health pandemics.
AxiaFunder connects investors with carefully pre-vetted commercial litigation opportunities. The platform invests in legal cases where there is a high probability of winning at court, with potential returns of 20%-30% pa. The only downside with litigation funding – returns are not guaranteed, there is a risk of loosing all of the investment if the case fails, and in some very extreme circumstances, could have to pay more than the amount you put in. (every case is insured, but if the insurance company was to default, then the investors would need to fund more of the project).
Projects are few and far between, and usually last for long periods of time >12 months.
Journey to 1 free Bitcoin
My journey is still an ongoing work in progress. Playing games, making Coin. If you want to see what this is about, I encourage you to find out more through my main article – My Journey to One Free Bitcoin
Coinbase Earn has released a new token for you to get your hands on this month:
Learn Numerai. Earn NMR. Numerai is a crypto-powered crowdsourced hedge fund. Learn how it works and you’ll earn up to $3 in NMR tokens.
Here is how it works
You watch some short videos through Coinbase, on how various cryptocurrencies work. From there you earn various cryptocurrencies as a reward. I have earned some Ethereum (ETH), Stellar Lumens (XLM), EOS (EOS), Basic Attention Tokens (BAT), and Dai (DAI). I wrote an in-depth article that you can find here.
With so much work, and not a lot of time to be on Twitter, so there haven’t any original tweets in a while now!
Progress on Internal Changes
In a past update, I made a pledge to update sections of my blog. I will keep this section here until these tasks are fully complete. The remaining tasks are:
- (Priority #1) Adding a page outlining some basic steps for how due diligence can be performed. (started writing this)
- (Priority #2) Adding a section to each platform review with my own due diligence.
- (Priority #3) Placing stronger disclaimers within each platform review page saying how my interests lie within the article.
(Note: currently, there are already disclaimers on all of the pages, however, I will look to have them as more of a focus) .
You read it all the way through to the end (or you just skipped half of it)! Regardless, thanks for checking out my update this month!
I do encourage you to comment below, and sign up for my newsletter. The newsletter comes out once a month and includes this update and any other articles published during the month.