I hope you’re all safe and healthy and finding ways to stay positive and enjoy life while large parts of the world are currently in shutdown because of the coronavirus.

Please excuse me for posting the written article to last Sunday’s video with such a long delay. At least this post now contains more updates as a result.

A lot of you asked me how I feel about P2P lending right now and if I changed my strategy. So that’s exactly what I want to discuss today, in addition to how platforms and loan originators are responding to the crisis.

Wow, this year sure hasn’t been boring. I don’t think anyone could have foreseen everything that happened already, all within such a short time-frame.

With the virus currently spreading all over the world, I hope you’re all safe and healthy, washing your hands on a regular basis and that your personal lives aren’t too negatively affected by everything that’s going on.

That being said, welcome to my P2P lending income update for February 2020! Apart from my monthly income, deposits and withdrawals for each P2P lending platform, this update also includes some changes I’m making to my portfolio.

A lot of you have been asking me to show you how to get started with buying ETFs in Europe, so it was about time for me to address this topic in more detail.

Here are some of the things we’ll be talking about in this article:

  • We’ll start by looking at what ETFs are in the first place in case you have no idea and why I consider exchange traded funds to be an important part of my asset allocation.
  • Then, you’ll get a look into my brokerage accounts, something that I haven’t shared publicly before.
  • I’ll show you exactly how to buy your first ETF on Degiro, in my opinion the most cost-effective way to buy ETFs in Europe right now.
  • We’ll also take a look at the difference between distributing and accumulating ETFs, which might be relevant depending on the tax laws in your country and your personal preference.
  • And lastly, I’ll try to explain the differences between the two account types that Degiro offers when you sign up, to help you decide.

This has been a very difficult month. With everything that happened, I definitely won’t be forgetting this one for a while.

Nonetheless, welcome to my latest P2P lending income update for January 2020.

You’ll see exactly how much I invested on each peer to peer lending platform, my deposits and withdrawals, as well as my returns for the month.

More importantly, for the first time since starting this blog in 2018, this update will also include how much I probably lost because of a stupid mistake I made, by looking into my concerns only when it was too late.