It’s summertime 🏖️, everybody is enjoying their holidays 🌊 at the beach 🏝️ or doing some sport 🚵♀️ 🏄♀️, or maybe traveling the world 🌍✈️. So nobody is at work, and my passive income, well… my passive income has been coming this July as well! 💶 And it’s greater than ever before 📈. My crowdlending and crowdfunding returns have been €517.34, which represents an increase of 5.30% compared to June 2019. Therefore, in July 2019 I’ve reached 51.73% of my second goal: €1,000 from passive income per month.
The average annualized return for July has been 12.30% (the second highest so far) and the current invested amount is €46,469.58. Let’s go with all the facts and figures!
Crowdfunding and Crowdlending Portfolio: Month Overview
These are the current summarized stats of all my investments in crowdlending and crowdfunding platforms:
|Deposits||Total Return (*)||Final Value|
|Kuetzal||4.500,00 €||2.986,50 €||1.615,87 €||65,37 €||4.667,74 €||17,92%|
|Envestio||6.000,00 €||7.401,65 €||-1.000,00 €||100,39 €||6.502,04 €||17,15%|
|Grupeer||5.500,00 €||5.837,40 €||- €||69,81 €||5.907,21 €||14,12%|
|FastInvest||2.669,58 €||3.135,38 €||-330,42 €||34,15 €||2.839,11 €||13,14%|
|ViaInvest||1.000,00 €||1.046,23 €||- €||10,19 €||1.056,42 €||12,59%|
|Mintos||4.000,00 €||3.154,89 €||1.000,00 €||36,26 €||4.191,15 €||11,53%|
|Robocash||2.000,00 €||2.131,03 €||- €||19,44 €||2.150,47 €||11,38%|
|PeerBerry||950,00 €||1.004,52 €||- €||9,46 €||1.013,98 €||11,09%|
|Crowdestor||9.800,00 €||9.211,02 €||800,00 €||97,81 €||10.108,83 €||10,52%|
|Lenndy||1.000,00 €||1.032,85 €||- €||7,00 €||1.039,85 €||9,84%|
|Swaper||5.100,00 €||5.219,50 €||- €||50,37 €||5.269,87 €||9,71%|
|Crowdestate||2.500,00 €||2.555,56 €||- €||12,67 €||2.568,23 €||8,96%|
|Reinvest24||1.450,00 €||1.437,99 €||- €||4,42 €||1.442,41 €||-1,23%|
|TOTAL||46.469,58 €||46.154,52 €||2.085,45 €||517,34 €||48.757,31 €||12,30%|
This month I’ve reduced positions in Envestio (- €1,000) and FastInvest (- €330.42) and made new deposits to Kuetzal ( €1,615.87 ), Mintos (€1,000) and Crowdestor (€800). I’ll explain this decision later in the analysis of every platform.
Analysis of benefits
Accumulated Crowdlending and Crowdfunding Returns until July 2019 with platform contribution detail
My Crowdlending and Crowdfunding passive income keep growing month by month. Let me order the summary evolution table by the extended internal rate (XIRR) obtained in the different platforms from highest to lowest:
(*) Column Total Return adds up interests plus bonuses.
The TOP 3 is integrated by the same platforms for the third month in a row, but there has been a variation in the order. Kuetzal (with an awesome XIRR of 17.92% and €65.37 returned) jumps to the first position and becomes the leader in July. The second position is for Envestio (17.15% annual net return and a total of €100.39 profit). And the immutable Grupeer (14.12% XIRR) maintains the third position.
As I had predicted, Kuetzal has finally conquered the TOP 1 position. The young platform keeps on delivering high returns and punctual payments. In July the XIRR has increased to 17.92% and €65.37 have been returned.
This is my overview panel as of 31/07/2019:
And these are the last projects I’ve invested in:
In order to benefit from the current summer cashback campaign I made a new €1,615.87 deposit and invested €1,664.59 in this project, which is already fully funded:
I got an instant 1% cashback, so €16.65 were deposited in my account 😎. Thank you Kuetzal!
In case you want to benefit from the cashback offer too, here you have the details:
- CASHBACKMARATHON is available ONLY during this summer (1.06.2019-31.08.2019)
- Cashback is applied only to single investments in a project ( not a sum of several investments in different projects ).
- The number of investments that are granted with cashback is unlimited. Each investment over €1,000 during cashback promo period is granted with cashback.
- Cash-back calculation and how much investors can earn:
- Investment from €1,000 to €4,999 — 1% cashback.
- €5,000 to €9,999 — 1.5%
- €10,000 to €24,999 — 2%
- €25,000 to €49,999 — 2.5%
- €50,000 and more — 3%
This campaign is really appealing and right now there are some great projects open for investment:
My ongoing investments in Envestio produce punctual and steady payments with the highest returns ever: the XIRR in July is 17,12%! But the drought of new projects continues and just 2 new projects have been published in July. Well, indeed it’s 2 rounds of the same project. What’s more, one of the projects in which I had €1,000 invested has successfully finished, so to avoid the almost sure cash drag I’ve withdrawn these €1,000 to invest in another platform, and I’ve invested the €100.39 obtained this month in these 2 new Envestio projects.
I’d never withdrawn money from Envestio before. I must say it’s very easy and quite fast: it took just 3 days to get to my bank account.
This is my current account balance and my investments’ repayment schedule for the first days of August:
The 3rd position is, once more, for one of my favorite platforms: Grupeer. I’ve received €69.81 this month, which makes an XIRR of 14.12%, slightly higher than the obtained in June. After one year of investing in this platform, I have only good things to say: payments are punctual, interests are above 13%, and their website offers very detailed information and reports.
Here you can see my overview panel as of 31/07/2019:
FastInvest repeats in fourth place. In July it has made an XIRR of 13.14% and returned €34,15.
After using this platform for 7 months, I must say it’s been always stable and punctual in payments, and the received interests have matched to the cent the ones predicted in the statistics section. Besides, it’s website is the best by far of all the platforms I invest in: it’s friendly, complete, and very easy to use. However, I’ve been reading lately some other investors’ concerns regarding FastInvest’s decision of not disclosing its loan originators. Since I highly appreciate transparency when investing money, I’ve decided to progressively reduce my investments until FastInvest disclosures this information. I hope they do it soon because I love this platform in every other aspect.
This month I’ve stopped the auto-invest function and withdrawn €330.42. I set the order on Sunday night, and the money reached my bank account the next day in the morning! Fast as lightning! I’ll share with you a lesson I’ve learned: if you sell an ongoing loan (in order to get your principal back) you lose all the interests paid by that loan until that moment in the previous months, and not only the future payments as I had wrongly thought. Take it into account!
Take a look at my FastInvest statistics panel as of 31/07/2019:
Can you see the tinny orange bar in July? It represents the €0.46 interest lost by selling one ongoing loan.
This is my overview panel dated 31/07/2019:
Viainvest keeps the 5th position, with an XIRR of 12.59% and €10.19 returned. I’m very satisfied with this platform, it’s a great option to diversify my investments:
This is my account balance by 31/07/2019:
The 6th position this month is for Mintos again. The most popular European crowdlending platform had a great performance in July: returned €36.26 which makes an internal rate of return of 11.53%.
Taking into account I’ve made a new €1,000 deposit in the platform in July which has penalized the XIRR, I presume Mintos will get higher in the table the next month. According to the platform, my current weighted average interest rate is 15.02% (that’s 0.30% more than the previous month):
I try to maximize my portfolio diversification purchasing loans from a lot of different loan originators. I select only those rated C+ and above, and make sure they pay interests for the delayed days.
Here you can take a look at my Overview panel:
And this is my account statement for July 2019:
No changes in Robocash. The easiest and most automatized platform in the market remains in the 7th position. As I’ve told you in some other previous portfolio updates, I think it’s the platform of choice if you want to begin investing in crowdlending without spending any time managing or controlling your investments. Everything is fully automated, and no cash drag is ever experienced. This month I’ve received €19.44, and the XIRR has raised to 11.38%. Great!
And this is my summary panel as of 31/07/2019:
PeerBerry makes an excellent choice to diversify any crowdlending portfolio. High and steady performance with no surprises. This month I’ve obtained €9.46, which represents an XIRR of 11.09%.
Here you can see my account summary as of 31/07/2019:
PeerBerry July 2019 Account Summary
In July Crowdestor climbed two positions to the eighth place. It paid €97.81, and the XIRR raised to 10.52% (it was 9.75% in June and 7.41% in May). Crowdestor is still my favorite crowdfunding platform (although Kuetzal is on its heels). As you already know, some projects I’ve invested in don’t pay interests for the first months, and that’s why the global interest rate is lower in the beginning. But a big interest payment is scheduled for August, so we’ll see Crowdestor higher in the charts the next months.
Take a look at my Crowdestor overview panel as of 31/07/2019:
This month I’ve made a new €800 deposit, and my whole invested amount in Crowdestor is now €9.800, the highest I’ve made among all the platforms. Can you tell it’s my favorite one?
So far I’ve invested in 17 different projects (notice that I’ve made more than an investment in some projects). Here you can take a look at the latest ones:
Lenndy had a very poor performance in July. I received just €7, and the XIRR dropped to 9.84%. Once again most of the loans ended up being repurchased (borrowers were late and didn’t respect the schedule). I guess its performance will improve in August, and the chart will have a saw shape. I’ll pay attention!
Lenndy Overview Panel as of 31/07/2019
Nowadays I invest in Lenndy just for diversification purpose. But if the number of platforms you work with is low, my recommendation is choosing other platforms to invest: there are better options out there.
In July Swaper‘s XIRR is beginning to recover: the negative effect of the €4,000 deposit in May is vanishing, and the extended internal rate raises to 9.71% (it was 9.02% in June). The increase in the invested capital already has its effect on the obtained returns: I got €50.37 passive income from Swaper this month!
Swaper Overview Panel as of 31/07/2019
The 1st of August I received an e-mail from the Swaper team informing that the loyalty bonus for having invested more than €5,000 has become active and all the future loans I buy will yield 14% instead of 12%. Great, isn’t it?
Two of the projects I’ve invested in Crowdestate have failed to adjust to the payment schedule: Baltic Forest OÜ (VIII) and Baltic Forest OÜ (IX). According to the information provided by Crowdestate, the Sponsor incurred loses due to a downturn in the second quarter of 2019 on the spruce lumber market, caused by a massive outbreak of bark beetle destroying Central European forests. They say payments will be made no later than 23.08 and a late fee will be paid according to the loan agreement. I really hope so, fingers crossed! I’ve received just €12.67, and the XIRR has dropped to 8.96% 😭.
These are my ended investments so far (as a result of buying loans and selling them in the secondary market):
And these are my active investments:
My Active Investments in Crowdestate classification as of 31_07_2019
My Reinvest24 portfolio remains static: I’ve invested in just 4 properties so far. This month another one has begun to pay interests: Rental apartments in Tallinn’s tech hub.
This month I’ve received €4.42, and the XIRR has risen to -1.23%. Why is it negative? Due to the commissions Reinvest24 charges. If you have read my previous months’ portfolio update, you already know I usually complained about the lack of tools their website offered to view the transaction history or the future payments schedule. Well, they are fixing it, and in July they’ve released a new transactions and overview panel:
Reinvest24 new Transactions and Overview Panel as of 31/07/2019
If they eliminated commissions I would increase my investments. Will they please the desire of this investor? I don’t think so…
See you next month!
Thank you for having reached the end of my crowdfunding and crowdlending portfolio update, dear visitor. I really hope you have found it interesting!
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See you in my next update, MyCrowdlenders!