May 2019 Financial Report

After about 6 months of calibrating the P2P portfolio, I enjoyed a steady month. I am really happy with the platforms I chose so far and the returns I have.

My goal for this year regarding P2P is to keep the annual rate of return above 15% and on the last 3 months the annualized return is 15.85%.

From this month on I will try to make the report shorter on P2P because I added stocks to my portfolio. So, I will use bullet points when I write about each platform.

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

Below you can find the screenshot on P2P portfolio from Excel:

P2P Financial Report May 2019
Financial Report May 2019

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

In addition, 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 I had my first repayment too.
  • I may move the current balance of 292 EUR to Crowdestor in order to invest in the real estate deal with 21% interest rate.
  • Envestio had 2 projects with 19% and 19.3% and will invest in something similar if a loan comes on the platform till Monday
  • 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.
  • They listed great projects and I am with the eye on the last one with 21% which is due to start on Monday, 10 June.


  • Payment on time
  • Every month they list new loans but the interest rate is lower than Envestio, Crowdestor, and Kuetzal.


  • Payment on time.
  • I will withdraw my money once the loan comes to maturity to place them on a better platform.


  • 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 an interest rate above 18%.
  • A downside is the minimum investment you can make in a loan. It is 100 EUR and it does take some time till it adds up if you don’t add new funds.
  • 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.

Stock Portfolio

May was the month I started to invest in the stock market. I do believe it’s extremely volatile but I chose a different approach. Every investment I make I want to be for the long term so, I want to do something called value investing.

Here are the 2 books that helped me so far the most:

  1. Invested: How Warren Buffett and Charlie Munger Taught Me to Master My Mind, My Emotions, and My Money (with a Little Help from My Dad)
  2. The Little Book That Still Beats the Market

Both of them will give you practical advice and methods on how to evaluate a company. From there on you can make your journey.

I’ve listened to both of them and many more on Audible because it’s much more convenient but for the first one, you really need to pay attention. Personally, I’ve listen to some chapters even 3 times.

Back to the stocks I bought. Here is the list from Excel:

Stock Portfolio May 2019
Stock Portfolio May 2019

On the first column is the currency. Right now, I have stocks from Romania and from the United States.

Being a European was hard to find a good broker to buy stocks from anywhere in the world. In Romania, I use Tradeville and on the international markets, I use Degiro which has the lowest transaction fees and offers a broad range of stocks. You can use my referral link and we both earn £20 in transaction credit. Here is the link.

If you have more questions regarding any tool/platform I use you can address them in the comments below.


I realize this report becomes longer and longer. I need to figure out a way to keep things more organized. I may add a new page “Portfolio” which can be access at any point with live results.

I may also start writing more articles during the month to cover some sides in more depth.

On the 17th of June, I will publish an article about the real estate investment I’ve made last year and where I am with it. You can subscribe to the newsletter if you don’t want to miss it.

Let me know if you have questions.

7 thoughts on “May 2019 Financial Report”

  1. Flavius – great report!

    I do have one question about Degiro. Probably you got this a lot 🙂

    I started to create an account using your link but they are asking me about residence, and it can’t be Romania. How did you managed to create an account? Do you have residence outside Romania?


    1. Hi Marius,

      I forgot to mention the fact that it was quite complicated to create an account on Degiro. Indeed you need to have a residency in one of the countries they ask for. Apart from that, they don’t accept transfers from intermediate banks such as Revolut, so I had to create a Starling Bank Account in UK. I use Revolut to send money to Starling Bank.

      You don’t actually need to prove the residency but you need to have an address for example in UK where both Starling Bank and Degiro will send documents.

      The whole process took about 1 week with verification included.

      Probably would be best to write an article about it.

      I had lived in UK in the past and I have an address where I can receive documents and so on.

      Here is a list of countries: “At this time, you are able to use bank accounts and residency from the following countries: Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, United Kingdom.”

      So, if you have relatives in one of the above counties would work for a Romanian to create an account.

      1. Hi Flavius!

        Thank you for your detailed response. That certainly helps.

        I was hoping for a rather easy solution, but Degiro is making things hard.

        Oh well, will try to work it out somehow based on what you just explained.

  2. Good luck with the stock investments Flavius. I was also inspired by books like “The Little Book That Still Beats the Market” and I tried Value Investing 10 years ago. After 6 years and 50% loss in a bull market, I had enough 🙂 Individual stock picking is much harder than you would think.

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