My Bondora portfolio (2015, July)

Summer keeps ticking on, and sadly I can already see shops selling notebooks and pens, which is the first sign that holidays will soon be over. My Bondora portfolio is being just about as sunny as the current weather, but there is some growth, even though I’m not adding in much money currently.

Checkpoints

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A bit before the end of the month, my Bondora portfolio actually climbed over 6000€ in terms of outstanding principal and the total lifetime interest earned also managed to make the leap to over 1500€. Starting to make predictions for the end of the year, it looks like a realistic goal might be 8000€ for portfolio value and 2000€ something total (1300€ for 2015) in terms of interest earned, which isn’t bad overall and might put me onto the path of earning 2K in interest next year, which is something that I wouldn’t’ve been able to imagine last year :)

Interest earned

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My interest earned graph keeps kinda bouncing back and forth, but the month once again ended up just a bit above one hundred euros (101,67€ to be precise). My original plan for the year was so push monthly interest earned up to 150€ per month, but since I’ve cut down in investments then seems like an optimistic goal might be 120€, depending on how I manage. Free money is going into paying back apartment related loans, and my salary for autumn is still unsure, so changes might happen.

Recovery

julyrecovery

As always, recovery seems to be going slowly, but this month actually added a 4th loan that’s been fully recovered. I manually looked over a part of my portfolio, especially the loans that are more than 6 months old and I’d say about 70% of the defaulted loans are paying something. They’re of course quite slow in terms of paying back, but they are on the path to breaking even at least, which is already a good result for recovery. Loans going bankrupt however, isn’t slowing down speed, so even the IRR that Bondora is showing me has started to drop since I’m not adding in so much money any more.

 

My social lending portfolio (2014, October)

With only two months to go in this year I’m finally starting to be able to tell whether or not I’ll reach some investing goals that I set for social lending. I’m still short by quite a lot for my yearly goal of increasing my total investments in social lending to 4K€, but I haven’t given up hope on reaching it.

This month is the first time that my interest earned crossed the 64€ marker (It ended up with 65,5€ on Bondora + 0,43€ on Moneyzen). It’s a significant number mostly because of emotional reasons – 64€ used to be 1000 kroons, which way back used to be a significant amount of money. Also, I finished up last year with hitting 32€ in interest earned per month, so it took me 10 months to double the previous investment target. My next goal is to hit 100€ in interest per month, looking at the numbers that’s likely to happen by summer 2015.

2014oct

For some reason the amount of delayed loans remained relatively high at the end of this month. Usually they tend to drop down to 5%, but this month they remained at over 7%. This is likely the first mark of winter coming, since from my experience many people have problems with payments in the winter months, which is probably due to increased expenses on things like heating.

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The total amount invested ended up being 365€. Out of that 170€ was from repayments and 195€ was money that I added in. It’s been slow coming, reaching 200€ invested into Bondora (especially difficult since I’m adding 50€ per month to Moneyzen). Hopefully by December the actual total money invested every month will hit the 400€ limit.

2014octreturn

The overall Bondora returns chart keeps hovering at 25%, nothing new there. While the amount of defaults I have keeps increasing monthly, then I’m also starting to see some serious recovery from the first of the defaulted loans that I got. Some 60+ loans are making payments monthly, some even several times per month!

New loans

I ended up adding 39 new loans into my portfolio in October.

Out of those loans:

– 2 Finnish loans, 37 Estonian loans

– 4 B+ loans, 35 verified loans.

Out of the verified loans:

– 5xA1000, 3xB1000, 10xC1000

– 3×900 group loans, 6×800 group loans

– 5×700 group loans, 3×600 group loans

As you can see, the large amount of loans it largely due to opening up my lower credit group bidders again. I also started to slowly invest into Finland now that we have more data on it and I’m hoping to build up to 50+ Finnish loans by summer next year. To finish, this is the current look of my portfolio managers:

2014octporftoliomanager