My Bondora portfolio (2015, January)

Times are interesting in social lending! The new portfolio manager has caused a bit of chaos and a lot of uncertainty, meaning that the market is actually very good currently for those who are looking for good deals manually. It’s also super easy to enter the market right now, since getting a lot of loans out quickly is doable due to the amount of people not using their portfolio managers.

januaryinvestments

January actually ended for me with the lowest amount of delayed loans for several months. It was a decent amount of recovery as well, so I can’t really complain. The biggest annoyance is the fact that the pie chart above is a lie! So many loans bounce now that the new manager has been activated that the “green” portion of your chart is showing absolute nonsense. As always, no fixes for the cash flow page either.

januaryinvestmenttotal

The amount invested is slowly climbing up, I’m hoping that this will make a real push in interest returns this year as well. January ended with 90,57€ earned in interests, meaning that while 100€ is out of reach for February since it’s a short month it might be possible in March, or definitely in April (at least combined with Moneyzen it will be reached.)

interestearned

The plan for this year is to hit at minimum 150€ in interest earned by December. That means a bigger investment push at the start of the year.

New loans

Since the new portfolio manager is a bit hyperactive when it comes to giving out money then I limited it to a fairly conservative strategy of giving out loans to only the five highest credit groups. I let it run all groups, but that ended up getting me way too many Spanish and Finnish loans. Once I rebalanced it and started picking loans by hand it balanced a bit better. Still, i have only 50% Estonian loans this month and 35% in Finnish loans and I’m OK with such a division. It’s sure though, that if you run the PM you will end up diversifying across the board in terms of countries. I’m generally OK with Finland since they’ve managed to get their risk assessment working, but I will be keeping away from most Spanish HR loans.

newloansjanuary

 

Definitely going to be an interesting year. Luckily some more dedicated people are starting to analyse the data set, giving us more confidence in the new credit model.

7 thoughts on “My Bondora portfolio (2015, January)

  1. Hello!

    How much have you deposited cash into Bondora?
    I have a bit over 3000 euros and able to give out loans worth of 200 euros per month (I would love to give out more but I am not able to get AA or A loans enough). Currently I have depostied 300 euros per month but it seems a lot of money is sitting idle so perhaps Bondora should launch some kind of advertising campaign towards the prime borrowers (junk loans I am neither interested and Finland indeed seem to look ok with Bondora, I have invested manually to a few Finns from B-category).
    Manually I pick up some B-loans who are Estonians.

    1. I’ve deposited a bit under 4000€. It’s unrealistic to give out only AA or A loans, there just isn’t enough of them on the market. (I deposit about 200€/monthly.)
      I do run a somewhat more high risk portfolio, so that’s why it’s probably easier for me to give out loans. I’d have no issues giving out up to 1000€ in loans that fit my criteria and risk levels, beyond that it might get a bit challenging.

      1. Cool. :)

        I am coming. LOL

        In fact, I get A-loans almost on daily basis. AA-loans I do not get almost at all so this category is somewhat unrealistic, they are nice surprises every time I get one.
        Probably I should increase the amount I invest in per a loan so this could help to increase the euro amount of loans issued by me.

        I am glad you have had such great success in recoveries. With me, it looks like the 60+ overdue column is growing 10 % per month. :( A few older loans have started to show some signs of recoveries however (including valek1).
        My adventure in the Bondora+ loans last year was a great disappointment and I am reaping the bad harvest from that now. :(

  2. Wow, nice results there! I’m really impressed (that wasn’t long time ago when we were somewhat equal position, but you have nicely outperformed me).

    90€ in passive income is definitely something that I would also like to achieve ASAP. Wish you all the best on climbing that passive income ladder!

  3. Hi. My question is…what to you mean by 90 euros of interests per month? Is this the amount of money you usually get from Bondora or is it the number that you should be receiving from Bondora? So, if the number is the last option I mentioned then what is the real net amount of interests you receive if Bondora shows that you should get 90 euros interest?

    Best wishes.

  4. Hey! The Bondora cash flow page is off by about 20-25% when it comes to predicting the interest earned. I earned 90€ of interests, the predicted number was 115€ at the start of the month.

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