Investment update in August 2020
Most of August was incredibly slow, it was like all traders left for a holiday. The market was just sitting there, not going up or down at all. But for some reason the very last week of August the market woke up and stocks took a steady rise! More about that bellow!
On peer to peer investments progress at Grupeers side all progress has come to a halt, no more blog updates or anything. They do still reply to mails, but where I was still somewhat hopeful 2 months ago, now its looking more and more every day that I will be dependent of the law suit to get my investment back.
The triathlon I subscribed in was canceled due to Corona, however a new one was organised for September and will go trough. I will start with a 1/8 triathlon the 6th of September and do a 1/4th triathlon the 20th of September. For those who are interested, a 1/4th triathlon is 1,5km swimming, 42km cycling and 10km running. I’m nervous as hell, I can do these distances all separate, but can I do them all at once? In total it would be about 4,5 hours of sport.
Alright enough stuff about my life lets go and check how much my portfolio dropped or increased.
My Portfolio has risen slightly to 67438 EUR (+1513) however this was with no additional investments, infact I pulled out 500 EUR of my startups (one of my startups that will be moved to ETFs in September. This is now the fourth month in a row that my investments are going up again. Slowly but certain a recovery is on its way.
So this months rise was only because of a huge increase on the stock market. Its been booming incredibly the last months! I’m not yet back at the rate I was at before the peer to peer market crashed (February) on me 🙁 But I am getting pretty damn close.
Lets look into more detail for each of these investment types shall we.
It seems the stock market is rising slowly but steadily and gave me a nice profit of 929 EUR this month lowering my loss on my ETFs from -2440 last month to only -626 EUR this month. Keep it up!
|Inception Date||Total Portfolio||Monthly P&L||Total P&L||% P/L|
|SPDR MSCI World UCITS ETF (SWRD)||31/01/2020||35574||1749||-561||-1.55%|
|IShares Core MSCI EM IMI UCITS ETF (CEMU)||28/02/2020||2382||65||-65||-2.69%|
|Total ETF Portfolio||30/09/2019||37956||1814||-626|
At this point I am really happy I limited my portfolio to just two ETFs, it makes it so much easier to track! And I keep finding it very easy to invest with DEGIRO, I am really happy I chose DEGIRO as broker!
SPDR MSCI World UCITS ETF (SWRD)
My World ETF has made a huge profit this month, lets hope they can keep it up for another 1-2 months so I break even YTD!
|SPDR MSCI WORLD UCITS||Total Portfolio||Monthly P&L||Total P&L||% P&L|
ISHARES CORE MSCI Emerging Markets IMI UCITS ETF
With a 113 EUR profit it was a pretty good month for this ETF
|ISHARES CORE MSCI Emerging Markets IMI UCITS ETF||Total Portfolio||Monthly Profit||Total P&L||% gain this month|
Peer to Peer
I could not withdraw anything from peer to peer this month, but if everything goes as planned then next month I should be able to withdraw my last principal from TFGCrowd, leaving me with only 4 peer to peer investments: 1 active peer to peer investment (Crowdestor), 1 with 100% of the funds in recovery (Mintos) and 2 where I am trying to recover some funds trough legal action.
|Portfolio||Start||Total at 29/02/2019||Left inpeer to peer||Expected end date|
|Grupeer||30/09/2019||8990||8990||Defaulted. In Legal procedure|
|Kuetzal||30/09/2019||1005||1005||Defaulted. In Legal procedure|
I only show withdrawals here. So far I withdrew about 49% of the funds I had invested in peer to peer.
- From October I will finally start to withdraw principal from Crowdestor, as you can see above it will take me 1,5 years before all principal is returned and re-invested.
While Grupeer is still answering emails, my hope that they will give back any money out of their own free will is getting smaller each day.
My main method to recover funds is legal action. I can say that its moving but very slowly, it will take at least a year before anything is recovered, and probably much longer to recover a bigger amount of funds.
I am in a legal procedure with Kuetzal and cannot comment on any non-public information, I wanted to share more this month but I still can’t. Perhaps in september.
Mintos has created something new namely Funds in recovery. Pretty much all of the remaining 874 EUR is stuck in Capital service.
Right now I am waiting for the last 200 EUR of principal to be finished in TFGCrowd. After that I will be fully out of this investment. This will happen in September.
One of my startups WeGroup got bought out, and this for the amount of 505 EUR (164% of the value I bought it for). As a recall I paid about 315 EUR for this, and I got to withdraw some amount of my taxes because of this.
I still have now 3200 EUR in startups invested, I have every intention to withdraw this whenever possible.
I decided not to update my retirement funds all the time since for most of the funds I get an update just once a year, so I will update it also just once a year. This is from end of 2019. I will update it again in December 2020.
|November 2019||Current Value|
|KBC Pension funds||7999|
|First job Pension plan||1467|
|Second job Pension plan||592|
|Third job Pension plan||12084|
Wins / losses this month
- My ETF Portfolio made an amazing 1840 EUR profit!
- Slowly but certainly I am moving out of peer to peer
What is next?
- I will be doing a 1/8 Triathlon next week so right now Im training a lot to make that!
- And in three weeks Im doing a 1/4 Triathlon!
- My secret project is still ongoing. I will probably not be able to share any info about this until January 2021 🙁
I will also post a savings rate update soon! Subscribe and make sure you don’t miss any of my monthly portfolio updates!