The end of the year is drawing near (only 3 more months to go) and I’m starting to struggle with my investment goal for Bondora. I planned to increase my overall total investments to 4000€, but currently I’m at 2900€ (I’ve overcome last year’s invested amount though!). This means that the end of the year is definitely going to get interesting – I need to invest 1,1K to hit my goal. (1050€ if you take into account Moneyzen investments). Time to get cracking on some side projects it seems.
Overall I’ve managed to increase my portfolio surprisingly well. At the end of the month the account is pretty much dry, and I haven’t even invested into all that many B+ loans. Seems like the supply going up has worked out well for me.
You can slowly start seeing the impact of me trying to add more money every month. The Bondora returns chart is hovering above 25% still, it’s been pretty much steady for more than half a year already. I hit a new high point for interest earned (62€ for the month of September), the following months should also bring relatively good growth due to increased monthly investments.
Overall in the past 3 months I have picked up a total of 72 new loan pieces. The breakdown is as follows:
– 71 Estonian loans, 1 Spanish loan
Out of those 71 Estonian loans:
– 9 B+ loans (unverified), 62 verified loans
The unverified loans are 2×600, 2×800, 2×900 & 3×1000 credit group
The verified loans break down as follows:
– 10xA1000, 11xB1000, 19xC1000
– 3xA900, 1xB900, 4xC900
– 2xA800, 2xB800, 1xC800
– 5xA700, 1xB700, 2xC700
I quite like the B&C credit groups. There is very little competition and they give relatively good value as far as loans go. I could get into way more low level credit loans, but I’ve tried to keep it somewhat balanced. I open up the lower level portfolio builders occasionally to add on a few here and there, but overall I’m happy with how it’s going since I haven’t hit the point where I need to substantially rework my portfolio logic. I’m running on similar settings as before:
I mentioned before that I decided to diversify a bit, so I’ve put 50€ into Moneyzen as well, building a pretty conservative portfolio. The 50 euros was invested (a bit slowly, but still) and the first payments will start coming in in the middle of October. That means that by the end of the next quarter I will have some info to share on that as well. I will probably add in another 50 euros at some point to get a better diversification level there as well.