Fall is well on it’s way, it’s getting colder and it’s dark early these days. The cozy season is coming, I love it! My blog and passive income grew to another high in October, so awesome to see my hard work and my investments are paying off!
For my Dutch readers: I launched the Dutch version of my website recently. There haven’t been much new posts and I still have to translate a lot of posts, but you can already check it out and bookmark it for the future.
For new readers: I mostly invest in European crowdlending platforms. If you want to know more about it, you can check out my ultimate guide which explains everything you need to know to get started.
This post may contain affiliate links. Please visit my full disclosure policy for more details.
Lets dive into the numbers for my October 2019 update!
- Portfolio value: € 24,791.37
- Deposits: € 1250.00
- Withdrawals: € 758.78
- Passive income: € 323.94
- Blog income: € 621.45
- Total income: € 945.39
The withdrawals are from Geld voor Elkaar and Funding Circle who pay monthly interest and principal on my bank account. I also withdrew €550 from Mintos this month due to the current low interest rates.
Passive Income Charts
I’m changing the look of my updates a bit. I’m working on separate pages for every platform I invest in where I gather all my information about that particular platform. Unfortunately I haven’t had the time yet, but I plan to add them in November.
The platforms I use and their performance:
|Geld voor Elkaar||7.73 %||€ 5,796.06||€ 39.81|
|Crowdestor||18.54 %||€ 5342.94||€ 50.54|
|Envestio||17.46 %||€ 2,442.08||€ 33.56|
|Mintos||13.44 %||€ 1,684.38||€ 23.38|
|Kuetzal||20.02 %||€ 1,870.36||€ 25.40|
|Agrikaab||32.00 %||€ 1,509.46||€ 106.89|
|Funding Circle||16.34 %||€ 1,164.32||€ 10.60|
|Grupeer||13.20 %||€ 1,116.37||€ 8.99|
|Fast Invest||13.20 %||€ 546.61||€ 6.41|
|Crowdestate||15.62 %||€ 533.60||€ 2.06|
|PeerBerry||12.83 %||€ 523.71||€ 5.29|
|EstateGuru||11.00 %||€ 519.40||€ 3.85|
|Reinvest24||13.13 %||€ 502.43||€ 0.49|
|BulkEstate||16.65%||€ 500.00||€ 0|
|Monethera||18.76 %||€ 258.92||€ 2.63|
|Wisefund||18.98 %||€ 257.68||€ 4.04|
|Monestro||33.50 %||€ 112.08||€ 0|
October 2019 updates & news
Agrikaab paid out again, that’s why my passive income is a lot higher this month. The payments are made into my account and as soon as there is a new greenhouse available to invest in, I’m going to put some money into that.
I still love their projects and they keep everyone who’s interested up to date all the time through their social media accounts.
Crowdestor has some really interesting projects, like the Mafia Stars game and the Warhunt movie. I invested in both of them. Another blogger went to see the crew from Warhunt and made a really nice post about it. Check it out here.
In September I received my first interest from Monethera, a platform I started investing in last month. They paid out on time. They also have some new projects, but I haven’t transferred more money there yet. But I’m definitely going to.
Bulkestate doesn’t pay interest monthly, that’s why the passive income will be at zero for a while.
The interest rates from Mintos are still low, that’s why I withdrew some more money and transferred it to Crowdestor and Kuetzal.
And another loan originator (Rapido Finance) from Mintos isn’t paying back the investors as you can read here. So, always keep watching where you put your money. Check out this post to see how I select the loan originators I invest in on Mintos.
Today I received an email from Kuetzal about a project that’s in trouble. It’s good to see they are on top of things and I’m interested to see how they are going to deal with these kinds of problems.
Monestro hasn’t paid out anything this month. Both loans are not paying and it doesn’t look like Monestro is doing anything to get borrowers to pay their loans back.
Luckily I only have € 100 invested in the platform. I’ve got no idea if I will ever get all of it back. But we will see! Monestro seems quite risky so far, so I suggest to only transfer a little bit of money if you do want to try them out for yourself.
Crowdlending platforms overview
If you are looking for more platforms to invest in, you can check out my platform overview page. This list contains a lot of European P2P platforms. I also keep track of cashback campaigns and signup bonuses and update the page regularly.
I changed the menu of the site a little bit and I made a separate page for the active cashback campaigns to give you a better overview of everything.
Open Crowdlending Project To Invest In
Another new page I made is the one with open crowdlending projects to invest in. This gives you an easy overview of the currently projects to invest your money in. I didn’t include crowdlending marketplaces like Mintos or Grupeer as they always have tons of open loans.
How is the blog doing?
Traffic-wise, the blog is pretty steady the last couple of months. I’m working hard to attract more people and I’m certain it will grow again soon.
Income-wise, it was an awesome month as I made more than € 600 in blog income alone. Combined with my passive income, I actually came very close to my target of € 1000 which I’ve set for December.
So, I want to thank everyone that is reading my blog and using my links, as that makes it possible for me to keep working on the blog and keep expanding the blog with more value.
I’ve still got lots and lots of plans, so check back in every now and then, follow me on social media or sign up for my email list so you always know when there’s new stuff to be found.
My tenth month of blogging:
- 5497 pageviews (was: 5210)
- 2382 visitors (was: 2173)
- 98 Facebook likes (was: 89)
- 1123 followers on Twitter (was: 1046)
- 204 followers on Pinterest (was: 188)
This was an awesome month. I know my passive income will be lower next month as Agrikaab won’t pay out again till January. But I’m going to work hard to keep my blog income up and hopefully let it grow a little bit more to reach my first goal.
See you next month!