After a lot of thinking and research over the past few weeks and the holidays, as well as everything that happened since December with Kuetzal, I made a decision. I’m withdrawing my money from Envestio, Monethera and Wisefund.
I want to explain my thought process, what I found out during my research of the three P2P platforms, exactly how I’m going to proceed on each of them and how we got here in the first place.
You might still come to different conclusions in the end. Of course, a lot of this is based on my own opinion and risk tolerance. Nonetheless, you’ll find everything that made me reconsider in this post.
Updated (January 26th)! Please read my update #1 and #2 on Envestio, including my latest video!
Several people have asked me about my asset allocation besides P2P lending, so I decided to give you a detailed breakdown of my entire investment portfolio.
In this article, you’ll find out exactly how I keep track of all of my P2P investment accounts and how I calculate my returns from peer to peer lending every month, with the help of a free tool called Portfolio Performance.
You’re going to learn how you can easily track the performance of your investments and see the actual internal rate of return on your money.
About a week ago I had the pleasure of interviewing my friend Bernhard Hummel, an investor and entrepreneur from Austria. He currently has over 150.000€ invested in Peer to Peer Lending, generating over 1.500 Euros monthly passive income.
As a result of his investments in P2P lending and equities, he would already be able to stop working and live purely off his passive income in his thirties, if he wanted to.
It’s not often you get to talk to someone with this much skin-in-the-game and experience with P2P lending and the stock market.
I hope you’ll enjoy the interview as much as I did!