If I tried to explain my MoneyZen portfolio in two words then those would be “positively boring”. Compared to the chaos of what’s constantly happening in Bondora, I’d consider that a pretty cool problem to have. While it would be nice if things move a bit more quickly and I could see some more developments happening, slow and steady isn’t actually bad when it comes to investments.
I’ve kept up my strategy of 50€/month, and the current standing looks like this:
As you can see, the interest income is slowly and steadily growing, at this pace it’ll climb to 10€/month soon. Not much, but I like the steady growth that’s happening. By summer the portfolio will reach 500€ and I’ll have to reconsider what I’ll do – if I’ll keep the same pace or maybe slow down for a while to see how the portfolio matures.
While a while back I had some loans that I was afraid might default, those have actually climbed back up, and are almost on schedule. So, as of now still no defaults and currently only 4 loans are delayed out of the 33 that I have, which does look quite nice. Time will tell how that’ll keep up.