Hello and welcome, here is my investment portfolio update for January 2020.
First Kuetzal, then Envestio?!? What’s going on? I’ll tell you what’s going on, sh*t hit the fan. Atleast with those two platforms. I do not wish to cause any panick, because there are still a lot of legitimate P2P platforms out there and P2P investing is a great way to generate income. By saying that, I have not withdrawn any of my funds from any other platform.
If you do not follow, Kuetzal and Envestio are both most probably scams. Few or even many greedy folks scammed a lot of people and have gotten away with it, at least for now. The Estonian Police and Border Guard Board have both of them under investigation. But there is no concrete proof that anything has been achieved yet, because it is an ongoing investigation. Only time will tell.
You can read about Envestio in my post “Is Envestio a scam? – Will another P2P platform bite the dust?“.
Anyways, enough of words, let’s get back to my portfolio update!
Monthly interest incomes: January 2020
| Private account | Info | Income | Value |
|---|---|---|---|
| Omaraha |  | 5,54€ | 324,47€ |
| Bondora | | 0€ (0%) | Exited with a loss of 65,57€ |
| Twino.eu | | 1,02€ | 139,66€ |
| Estateguru | | 0€ | 122,64€ |
| Loss from defaults | | 0€ | |
| Total | 6,56€ | 586,77€ |
| Companies accounts | Info | Income | Value |
|---|---|---|---|
| Mintos | | 54,09€ | 6280,74€ |
| Envestio | | -500€ | 0€ |
| Omaraha | | 83,4€ | 5284,71€ (withdrawn 1350,26€) |
| Estateguru | | 7,39€ | 1155,77€ |
| Crowdestate | | 4,7€ | 543,98€ |
| B2P loans | | 68,9€ | 11361,42€ |
| Twino #2L | | 0,00€ | 0€ (withdrawn 1186,73€) |
| Twino #1M | | 0,00€ | 0€ (withdrawn 1109,19€) |
| Reinvest24 | | 0,61€ | 100,62€ |
| Property #1 | | 16,05€ | 2606,55€ |
| UpSteam syndicate 1 | | 1448,4€ | |
| UpSteam syndicate 2 | | 1264,92 | |
| Tanker syndicate | | 500€ | |
| Bikeep syndicate | | 585€ | |
| La Muu syndicate | | 384,41€ | |
| Ampler Bikes 3 syndicate | | 1336,3€ | |
| Loss from defaults | -24,63€ | ||
| Total | -289,49€ | 33 439,52€ |
Total amount of passive income in January 2020: -282,93€! (Due to the loss of 500€ invested in Envestio)
Other incomes/side hustles:
| Referral program (blog) | 250,38 | |
| Affiliate commission (Bonusway) | 2,56 | |
| E-shop profit | 230,19 | |
| Total | 483,13 |
_____________________________________
Let’s dive deeper into the numbers
First serious blowback in my investing career. What a great way to kick off 2020 …
I had 500€ invested into Envestio, which is most likely to be a scam, no official statements from the Estonian Police yet, but it’s obvious. I can only thank myself that I had enough sense in the past to just invest 500 euros into that P2P platform. The offered rates seemed a bit too high, but I still decided to try it out. And as we now know if the deal is too good to be true, there has to be something wrong with it.
Nonetheless, other passive incomes from investments kept on generating and the month ended up being a mediocre one. 217,07€ interests from investments, which is pretty close to the average month. But still ended up with a loss of 282,93€.
Also, I am excited about the new UpSteam 2 campaign and hope that I can generate even more revenue & profit with my e-shop side hustle.
My total passive income from investments since January 2018 to January 2020:
Mintos
I have a total of 5000 euros invested in Mintos and in January my account didn’t have any cashdrag problems and generated me 54,09€ of interests.
Click here for Mintos review – Mintos portfolio
Envestio
As we all know, Kuetzal announced it’s shutting down on January 12th 2020. But just few days later on January 16th 2020, Envestio sent out a press release about “Envestio reacts to Kuetzal panic”. And as we again all already know, all of that was just BS. Envestio is also down and a scam just like Kuetzal was.
Is Envestio a scam? – Will another P2P platform bite the dust? – https://financefreedom.eu/is-envestio-a-scam-another-one-bites-the-dust/
My Envestio “interest income” in euros
As most or maybe even all of the projects at Envestio might’ve been fake, I don’t think that it’s wise for me to even consider “interest income” from the previous projects and just write off my initial investment of 500€.
Envestio review – Envestio portfolio
Estateguru
My Estateguru accounts interests income in January 2020: 7,39€.
Zero income from private account.
Estateguru review – Estateguru portfolio
Crowdestate
Crowdestate income in January was 4,70€.
In November I also published Crowdesate review. Be sure to check it out and leave a comment – https://financefreedom.eu/crowdestate-review/
B2P loans
Nothing much to add, the business to peers loan have been going well and the interests keep on coming!
Real-estate
Apartment #2 is now SOLD, selling date was in the middle of September 2019.
Total investment 37 450€.
Property #2 sold for a price 41 300€ – cost = 40738€.
Apartment sold for 40 738€.
My initial investment 3600€. In the end got back 4654€.
My profit from investing 3600€ was 1054€.
Read more about the figures here – https://financefreedom.eu/second-property/
Apartment #1 Income 16,05€. So far no problems with the apartment nor the rent payments. Overall a superb tenant!
Private real-estate Sold the private real-estate apartment.
Bondora
In June 2018, I decided to exit from Bondora. A year has gone by and I don’t even miss Bondora! It was the first platform I started investing in with just 10.1€ being the first deposit. Crazy right? It has served me well, even though I made lots of rookie mistakes, I am exiting with positive vibes. Farewell Bondora!
Exited from Bondora with a loss of 65,57€!
I do not recommend investing at Bondora, but if you still want to, be sure to read my Bondora review first!
Bondora review – Bondora portfolio
Omaraha
The interest rates from Omaraha are steady, but due to the loss from sold loans the profit from Omaraha stays between 60-70€ usually.
Total profit from Omaraha accounts were 64,31€.
Twino
As mentioned in the last portfolio update. The EXIT from TWINO has been succesfull!
I have exited from TWINO with my 2 company accounts, which both had a total of 1000 euros invested over 3 years.
Company L account started investing at Twino on 23rd January 2017 and had a successfull exit at 8th December 2019.
L account exited with a total profit of 186,73€.
Company M account started investing at Twino on 17th January 2018 and had a successfulll exit at 8th December 2019.
M account total profit 109,19€.
My private account is still generating interest, which was 1,02€.
Twino review – Twino portfolio
Reinvest24
Fifth month investing at Reinvest24 and received a payment to my investing account.
Received 0.61€ of dividends.
UpSteam Syndicate 1
In October 2018, I made a small investment of 340€ at Funderbeam into the company called UpSteam. As of January 2020, my shares are worth 1448,4€.
Read more about UpSteam – https://www.funderbeam.com/syndicate/upsteam
UpSteam Syndicate 2
On 28th November 2019 UpSteam announced that they are working on a new fundraising campaign. The campaign was launched in the first half of December.
As I mentioned in the previous portfolio update, I made a small mistake by not investing in the first couple of days of the campaign and had to settle with a little bit lower amount of shares as I wanted.
I received my 381 shares on 2nd January 2020, total amount invested 1264,92€.
Read more about UpSteam Syndicate 2 – https://www.funderbeam.com/syndicate/upsteam-2/
Tanker Brewery Syndicate
In 17th October 2019 Tanker announced that they are preparing for another capital raise on Funderbeam. The new syndicate can be seen here – https://www.funderbeam.com/syndicate/tanker-brewery-2
I decided not to invest into the new campaign, because my initial investment hasn’t risen at all after one year of investment.
In September 2018, I made a small investment of 500€ at Funderbeam into the company called Tanker Brewery.
In January 2020 my shares were worth 500€.
Read more at https://www.funderbeam.com/syndicate/tanker-brewery
Bikeep Syndicate
In March 2019, I invested 500€ into Bikeep through Funderbeam.
As of 31st January the investment was worth 585€.
Read more about Bikeep – https://www.funderbeam.com/syndicate/bikeep/
Ampler Bikes 3 Syndicate
In 2019 August, I invested 1357,02€ into Ampler Bikes 3 Syndicate.
By the end of January my investment was worth 1336,23€.
Read more about Ampler Bikes 3 – https://www.funderbeam.com/syndicate/ampler-bikes3 
La Muu Syndicate
At the end of January my La Muu investment was worth 384,41€.
I am pretty sure that we will not see any kind of substantial rise of the price until spring. I haven’t bought ice cream in ages, have you? Who even buys ice cream in the middle of the winter?
Read more about La Muu – https://www.funderbeam.com/syndicate/lamuu 
Losses
Loss from Omaraha sold loas was 24,63€.
Side hustles
#1 Blog income: TargetCircle/CircleWise and Bonusway
In June I decided to put the blog income from affiliate/referral system and other side hustles incoome into the same graph, hence the numbers are a bit bigger now. This is the part where it gets interesting.
In January the blog and referral comissions generated 250,38€;
Other side hustles generated: 232,75€;
Total income: 483,13€.
More detailed payout from TargetCircle/CircleWise:
I feel terrible about the investors, who decided to use my referral links to sign up to Envestio and Kuetzal. I made the same mistake and lost 500€.
Also, I am more than sure that TargetCircle will not get any payments from Envestio nor Kuetzal, because they are scams, hence these graphs wil change in the near future and I will make the corrections to my blog referral income.
I display two different incomes under the blog income. One is referral income from TargetCircle and the other one is affiliate income from Bonusway. Bonusway – I use it to save money while e-shopping or booking ONLINE. Read more at https://financefreedom.eu/save-money-when-e-shopping-or-booking-online/ A really simple way to save up money, especially on housing and from them random orders on AliExpress … (You know what I mean, we’ve all done it!) Considering this blog is mostly dedicated to finance and logging my pursuit on becoming financially free, the TargetCircle referral links usually earn me a lot more than Bonusway affiliate links or any other side hustle income.
#2 E-shop income
The first month of 2020 had a pretty decent start for my e-shop, yet, once again the revenue stopped in the middle of the month. It did not pick up until I made 1 “big” wholesale for another company.
January’s total revenue: 557,43€.
Shipping costs: 54,26€.
Total profit from sales: 230,19€.
E-shop sales in January:
#3 Siteground income
Sadly, still no sales from Siteground, but I will keep on grinding.
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#4 Revolut income
Same info goes to Revolut, it might’ve not generated any sales, but I know it will in the future! Had 22 clicks on the referral link, which is twice as many as the month before.
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Blog stats for January 2020
A total of 5657 (+52,85%) visitors visited my blog and had a total of 12301 (+52,01%) views. Which is the new record of visitors on the blog, excellent!
In January, I also published 2 new articles.
Is Kuetzal a Scam? How It All Came To Light
Is Envestio a scam? – Will another P2P platform bite the dust?
Google Analytics queries/keywords stats about the blog
In January 2020, I had a total of 1220 (+297) keywords shown at Google. Recorded a total of 956 clicks and 27 240 impressions, which calculates to a 3,51% CTR.
Special thank you note
I would like to than Rahajutud at https://rahajutud.ee/. Rahajutud (Moneytalks) is basically the centerpoint of every Estonian financial blog. They publish financial articles and bloggers blog posts daily. I regularly translate my blog posts into Estonian and they gladly publish my monthly updates on their site, which always gives me big boost to my blog stats.
This is it, the end of Portfolio update January 2020!
I hope you enjoyed reading this month’s update. Be sure to subscribe for faster updates and leave a comment on how did your month go? Did you invest in Kuetzal and/or Envestio? How much did you lose? What have you done so far to get the money back? If you have any thoughts about the blog please share them with me and other blog readers.
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