May 2020: profit and learning experiences at the stock market
The end of the crisis is not in sight yet, but luckily the restrictions are being lifted gradually everywhere. The impact is big: the European economy is expected to shrink by 7.7%: The economy will not recover in the short term, but economic activity will increase again from the summer months. A reasonable recovery is …
April 2020: Shift towards stocks
In this uncertain times I have put crowd lending and the P2P platforms on the back burner. I have withdrawn some money from platforms where I have an above average amount of money, but it is now more uncertain which platforms will survive the coming crisis. Instead, I deposited more money into the online brokers. …
March 2020: a time of crisis
No road is without bumps, and that includes the road to financial freedom. It is a matter of perseverance, making choices, and keeping calm. But there are months where this is not as easy as in other months. This is one of those months. Both companies and individuals have a tough time during this crisis, …
The stock market: an incomparable start
Spreading investments to reduce risks is essential. The last one and a half years I have been diversifying my investment portfolio using multiple P2P lending platforms. I also invest in start-up companies via the crowdfunding platform Seedrs. But I felt this was not enough diversification, and I have been thinking about investing via the stock …
February 2020: the big write-off
I read a Dutch article that showed why investing is so interesting compared to keeping your money in a savings account. Suppose you have 100,000 euro in a savings account, and that the interest percentage is practically zero (which it is at the moment). And inflation plus taxes amount to 3% per year. What is …
Red flags for TFG Crowd
UPDATE: I have received emails with more information from TFG Crowd, Cofediction, and Edeland, and I have inserted the explanations in the text below. After the problems with Kuetzal and Envestio I have decided to have a closer look at the platforms I deem risky. The last thing I want is to lose that much …
January 2020: the drama of Kuetzal and Envestio
The disappearance of the Envestio platform shocked the market this month. The police in Estonia has started investigations into them for fraud and theft of investors funds. Further down this post you can read how you can file a crime report for both platforms, every investor in these patforms is highly encouraged to do so. …
December 2019: Turbulence in the market
Happy new year everybody! In this monthly update I’ll show you the returns and results of my crowdfunding and crowdlending investments. I did not have much time te prepare due to the holidays, so let get to the numbers right away! Portfolio overview December 2019 Last month the interest payments I received totalled € 1,121.18 …
Visit to Crowdestate
I visited Crowdestate this fall, in the Estonian capital Tallinn. I intended to publish this report earlier, but I was still awaiting more detailed answers to some questions I asked during my visit. And of course I wasn’t too busy to forget it (ahum..). My guess is that Crowdestor has the prettiest office location of …
November 2019: stable above 900 euro
This is the fourth month in a row where my interest income is around 900 euro or above, a good indication that it may stay this way. Somewhere next year I hope this will go over, and stay above, 1,000 euros per month. Investors in The Netherlands need to write down the sum of their …