October 2020: fluctuating stock market and stable P2P
The ongoing crisis shows that the stock market’s behavior cannot be predicted, except that it mainly goes down these days. Starting to invest here now, or investing more, seems more like Russian roulette.. However, it can be seen that investing in ETFs is much more stable and seems to be a better choice both in …
September 2020: a new platform
It has been a while since I joined a new platform, but I just registered at a new crowdlending platform. Since January there has been a lot of unrest, uncertainty and frustration in the market when it turned out that Envestio and Kuetzal were a scam. And we are still waiting to see which way …
August 2020: stocks still main source of income
This month my update is a day later. Yesterday I went out to dinner after work, we all need to do our bit to help the economy. The growth of my portfolio is increasingly leaning on the stock market. In the six months since I started there, my (provisional) profit has now risen above 10,000 …
July 2020: crowdfunding profit evaporated on the stock exchange
I withdrew money from different platforms this month, because I had more money there than the limit I chose for myself last month. In order to ensure more spread, and to make rational and objective choices, I set the limit at 5,000 euros per crowdlending platform. If there is more (or it grows above it) …
June 2020: P2P revenue back on the right level
Kuetzal and Envestio were declared bankrupt last month, and the action against Grupeer has started. If you look at the long term, it is ultimately good for the market to mature. As the platforms become more regulated, more self-regulated, and more transparent, the risks for investors ultimately decrease. However, as an investor it remains important …
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 I have withdrawn some money from platforms where I have an above average amount of money, but it is now more uncertain which platforms will survive the coming crisis.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 …