August 2019 Financial Report

August for me was all about the financial markets. I started to do an internship in equity research and I am really enjoying it.

This month I also decreased my exposure to P2P with about 400 EUR. But let’s see below.

Before we dive into this month report you can check my last month report if you did not see it, yet.

Did you check my post where I talk about my 1st real estate deal? If not, you can enjoy it here.

Here is the screenshot on P2P portfolio from Excel:

You can subscribe to the newsletter if you want to get my monthly updates regularly.

Back in April I published my first interview on the blog which is with Kuetzal Platform. You can read it here.

Now, let’s dive in:


  • All the payments were made on time and another repayment, too.
  • One loan was offered and I invested the interest payments.
  • I withdraw 308 EUR from the repayments I had. Mostly, I am moving the money to my stock portfolio but I started to develop some untrust towards Envestio, too. I can’t develop on this yet as I don’t have facts, but this is what it is.
  • Don’t forget about my guide to Envestio. Also if you want to sign up with my referral link you get 5 EUR when you deposit the first 100 EUR and a 0.5% bonus for the next 270 days. Here it is.


  • Steady income. Everything paid on time.
  • A great number of new projects.
  • I like the platform very much and I will move some remaining funds from Envestio to here.


  • Payment on time
  • On 12th August I sold my loan on the platform and withdraw the money. The reason is the amount I had on the platform. It is counterproductive to keep only 100 EUR on a platform.


  • Payment on time.
  • I will withdraw my money once the loan comes to maturity for the same reason I did it on Crowdestate.


  • All payments made on time.
  • Despite being a new platform I did not have any issues so far. I strongly recommend it.
  • They have multiple loans with a great interest rate.
  • I have some money sitting here because they have a 100 EUR limit when it comes to investing in one project.
  • You can check the interview I have done with their CEO here. I will for sure add more funds when I decide to grow my P2P portfolio.
  • If you want to sign up for Kuetzal you can do it using my link which gives you a 0.5% bonus on your money.


  • Nothing new.
  • I invested in a development loan and the repayment date is 31.10.2019 at an estimated interest rate of 15% per year. It’s a 6 months loan so it will be a 7.5% interest on that money.
  • Looking forward to repayment date so I can withdraw my money. I don’t like the high fees and it’s counterproductive to keep the low amount. Most probably I will move my money to another platform.

Stock Portfolio

The main platform I am using for trading is Degiro. I don’t really like it but for now, it is the best in terms of market accessibility.

You can open an account with Degiro here. Most important to know is that you need to have the residency and the bank account in one of the countries they operate.

Here is a screenshot of my transactions from my Excel:

Stock Portfolio August
Stock Portfolio

Real Estate

I am most excited about my real estate. Even though I had to invest another 350 EUR in renovations in August my tenants moved in since 2nd September. I am looking forward to collet my first rent.

Regarding my plan to expand my building with an additional floor. Some of you may read about it on the first article I wrote on my real estate deal, I am still pursuing it.

Accordingly, to what my architect told me 2 weeks ago, we may get the final approval by the end of this year. So, if everything works well and I negotiate a plan with the current tenants I may start construction work somewhere in 2020.

Random Thoughts

  • by the end of the year, I want to have my P2P portfolio reorganised and diversified in only 3 platforms. So far these will be Crowdestor, Kuetzal and most probably Envestio. The weight of each platform will be in the order above.
  • The target invested amount of my P2P portfolio at about 2.7k EUR. As of 11th September, I have 2362 EUR invested and a value of 2645 EUR.
  • The target invested amount of my stock portfolio at about 2k EUR. As of 11th September, I have 1266 EUR invested and a value of 1327 EUR. (it includes cash waiting to be invested 25% current level of cash)
  • When thinking about the risk each portfolio is exposed to, I have the following ranking (starting from the least): 1. Real Estate, 2. Stocks, 3. P2P.
  • I very much like P2P because of the monthly income but I fell the least protected.

Recommended Readings

This month I enjoyed this book: Thinking Like an Economist: A Guide to Rational Decision Making. It is only available as an audiobook because it’s a course rather than a book.

These interviews are priceless: Ivey Interviews & Notes

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