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September @ Savings4Freedom
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Savings4Freedom September 2019 Portfolio Update

Apologies for the late publication, but I took some of the time I dedicate to Savings4Freedom to enjoy time with my family and friends. I’m sure you understand.

September was a very busy month for Savings4Freedom! The learning process since I started my investment portfolio is guiding me towards changing my platform choices. I will share with you all about my decisions on this update.

By now, in case you follow the blog, you already know that I decided to set up a group of P2P lending investment principles. They have been crucial in supporting my decisions. Have you found yours? Let me know!

Investment Principles @ Savings4Freedom
Defining your investment principles makes every decision easier

Please let me know your thoughts on this subject. Do you agree with these principles? I welcome any ideas that can help me improve this list.

Why I’m avoiding Short Term Loans?

Over the past few months, I have been reducing my P2P lending investments on Mintos, Viventor, and Robocash. Some of you contacted me to learn the reason behind my decision to act in this manner, especially when recently I added Mintos among the P2P lending platforms I would select if I started my crowdinvesting portfolio all over again.

Why I'm reducing my consumer P2P lending on Mintos Robocash and Viventor @ Savings4Freedom

The best way to provide a clear answer is to share with you my reflections on the topic. You can read the article by clicking the figure above.

But, without any further due, let’s check Savings4Freedom returns!

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August 2019 @ Savings4Freedom
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Savings4Freedom August 2019 Portfolio Update

August was a crazy month for Savings4Freedom! Everything happened so fast that almost feels like I was writing the July portfolio update yesterday.

The speed of the P2P lending industry is incredible. The amount of information required to access, process and decide over in order to take informed actions grows faster than my capacity to deal with it.

Based on this reality, I decided to set up a group of P2P lending investment principles that will make much easier for me to take action in the future.

Invest @ Savings4Freedom
Defining your investment principles makes every decision easier

My P2P Lending Investment Principles

If I was starting all over again today, I would follow in a religious manner my P2P Lending Investment Principles:

  1. Buyback Guarantee: Only invest in P2P loans that provide Buyback Guarantee (for security reasons);
  2. Minimum Return: Only invest in P2P loans that offer an interest rate above 12% per year (the ROI and Yield need to justify the risk);
  3. Early Exit: The majority of my investments should have available some type of early exit from the P2P loan position (through buyback or secondary market, for liquidity reasons);
  4. Cashback and Bonus Offers: I want to maximize cashback and bonus opportunities to leverage my P2P lending returns (at the end of every platform month overview, I share the cashback and bonus opportunities available in case you use my referral links, that I really appreciate if you do to support this blog).
  5. Diversification: I want to distribute my funds across different types of loans, geographic locations, maturity and mainly P2P platforms (diversity is king).

Please let me know your thoughts on this subject. Do you agree with these principles? I welcome any ideas that can help me improve this list.

How I Would Invest 10K in P2P Lending if I was Starting Today @ Savings4Freedom

I recently published one of the articles that more fun offered me writing it. I was challenged by some Savings4Freedom readers to reflect on what I did wrong and how I would do things differently if I started from scratch investing in P2P lending. It was a really important exercise for me in order to conscientiously realize the progress I have done until now. But the best part was realizing in a positive way that I’m really looking forward to experiencing what the future will bring in my path towards financial freedom.

You can read the article by clicking the figure above.

But, without any further due, let’s check Savings4Freedom returns!

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July @ Savings4Freedom
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Savings4Freedom July 2019 Portfolio Update

With a small delay, here is our Savings4Freedom monthly update!

I’m really happy with the way my P2P investments are evolving this year. By choosing to invest in P2P lending, every single day I’m confronted with the need to learn new aspects of the industry and improve my processes for efficiency and security.

New Savings4Freedom Design

As I described in my previous update, I’m continuing to shift funds between P2P platforms to diversify and increase my average portfolio interest rate results. In July, I opened accounts in Monethera (very good experience so far) and iban Wallet (a nice complement to my P2P portfolio for money liquidity reasons). You can check my first impressions on both platforms later on this publication.

I also want to share that from now on, I’m sharing with the community my Financial Literacy Video Library to FIRE (financial independence and retiring early). I love to learn and I want to share some of the best videos I found with you.

Loan Originator Issues: Aforti

P2P platforms such as Viventor and Mintos shared this week that one of their Loan Originators (Aforti). One of the risks of investing in P2P lending is the loan originator. You can check the Risks section on this dedicated page to learn more about other aspects to consider before investing.

Mitigate Risks of P2P Lending @ Savings4Freedom
Identify the Risks in P2P Investing

But, without any further due, let’s see the numbers!

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June 2019 @ Savings4Freedom
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Savings4Freedom June 2019 Portfolio Update

And now is the time for a monthly update!

After the amazing P2P Conference in Riga last month, I revisited my entire investment strategy towards financial freedom. One of the most relevant lessons was to balance correctly the effort and investments made into P2P crowdlending platforms on my overall investment portfolio.

Below I will show how that will reflect for the future.

Savings4Freedom in Portuguese

Brazil Brasil Portugal Bandeiras @ Savings4Freedom
The Savings4Freedom blog is now available in the Portuguese language

I’m also very excited to publish the blog in Portuguese! I’m looking forward to your comments and suggestions on how the contents can be improved and how I can share better information in the future.

Understanding P2P Crowdlending

Based on messages from people asking questions about P2P Crowdlending, I decided to create a dedicated page that will be continuously improved based on the best available industry information. The initial information source for it was a White Paper published by Grupeer in the fall of 2018.

Mitigate Risks of P2P Lending @ Savings4Freedom
Compare the Best European P2P Lending Platforms

P2P Lending Platforms Comparison

I really need to thank all the feedback received over the last month regarding the P2P Lending Platforms comparison. I read all your messages and decided to simplify the way the information is shared. I hope that now it could be easier for you to check the best P2P platforms to invest. Let me know what you think!

N26, Revolut and Transferwise

In order to simplify my investment strategy, I decided to create dedicated accounts to manage my P2P investments. Now I follow the 3 buckets account approach:

  • One bank account for my daily expenses: Revolut;
  • One for my savings and emergency funds: National Traditional Bank;
  • And I just opened an N26 account to manage my P2P Investments.
N26 Bank @ Savings4Freedom
Just opened an N26 Account. Photo: N26

This approach, combined with the use of Transferwise when I need to exchange currencies is simplifying my life and increasing my visibility over all transactions.

But, without any further due, let’s see the numbers!

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P2P Conference @ Savings4Freedom
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Conference Report: Summary of the P2P Riga’19 Conference

On Friday the 7th of June, over 240 people among P2P platform representatives, P2P investors, and bloggers came together in Riga for the 1st edition of the European P2P Conference. This P2P Conference was certainly a memorable one! Taking place at the wonderfully unique RISEBA Architecture and Media Center H2O 6, this event brought together people from 24 nations representing the entire community to display just what makes P2P crowdlending so unique – its diversity, its cross-sectoral nature, and its collaborative spirit.

The event, hosting interesting keynote speakers, an array of informative presentations, and topped off with a fun evening and second-day entirely dedicated to networking opportunities.

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Carlos

Portfolio Update: May 2019

5 - May - Très Riches Heures du duc de Berry Hi Savings4Freedom friends! May was a consolidation month, looking to better understand how to manage my P2P investments and maximize their potential. I’m especially proud for finally being able to present you with a dedicated page where I compare the multiple P2P lending platforms I have accounts on. 10 - Evaluation

Compare P2P Lending Platforms

Since the number is growing in a significant way, there is a need to quickly compare and share my honest opinion. Please feel free to offer your input on the comments box or contact me directly. P2P_Conference_Riga2019 I’m really happy to travel this week to Riga to join and meet other P2P crowdfunding enthusiasts for the first European conference. It will be a wonderful opportunity to learn, meet with platform representatives and open a direct dialogue with other investors. But, without any further due, let’s see the numbers!

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Carlos

P2P Conference Riga’19

P2P_Conference_Riga2019
The European P2P investment community is gathering in Riga next June 7-8 to discuss the future of the industry.
You can join the conference buying your ticket here: https://bit.ly/2UtHuUZ
 
This is a great opportunity to learn and meet with leading platforms, investors and experts!
 
#S4F #Savings4Freedom #P2P #Peer2Peer #Investments #Riga

 

Carlos

Portfolio Update: April 2019

Hi Savings4Freedom friends!

February was a specially painful month for me. The loss of a very important family member is always a defining moment in everyones life… apologies for not publishing last months report. I updated all information on the blog over time, but not a post… thank you for understanding.

Live goes on and here is the April 2019 S4F report.

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Investing in Crowdlending: some important notes…

©Photo. R.M.N. / R.-G. OjŽda

Hi Savings4Freedom friends!

Some quick notes before you start investing in crowdlending platforms…

When you research a new crowdlending platform, it is not only important to look after the expected return and platform usability… There’s quite a few other, more relevant details to evaluate before investing:

  • How old is the platform?
  • Who is the management team?
  • How do their financial reports look?
  • Is it a single- or multi-loan originator platform? How many loan originators do they have?
  • Do they offer buyback guarantee on your loans?
  • What is the minimum investment in loans?
  • Which loan types do they offer?
  • Do they have autoinvest functionality?
  • Do they accept investors from your country?

For each of the platforms I present on S4F you will find a review in their info pages, based on my experience. It is a mix description based on credibility, size, functionality and support as criteria for the review. I also try to read what is the word on the street from other investors in the personal finance ecosystem.

Please feel free to contact me over email [email protected] and share your opinion, comments or suggestions on the topic above.

If you enjoyed this post, please hit the like button below and/or share it with your friends. Thanks for the support!

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Portfolio Update: December 2018

©Photo. R.M.N. / R.-G. OjŽda

Hello Savings4Freedom friends!

For the first time I’m sharing my monthly update.

I will try to offer you these updates on the 1st day of every month. The idea is to provide you with a transparent manner to check my monthly returns and the cumulative results of my investments.

Over the next month I will work to improve the blog layout and structure. I welcome any suggestions you may have to enhance how the information is presented. If you are here for the first time, please check out the other pages on the blog and let me know your opinion. Thank you for your support!

Without further due, let’s check the results.

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