Dear fellow investors, friends, family and future self.
Welcome to my first portfolio update, I hope you will enjoy them from now on. Now let’s get into things!
December 2020 was an OKish month, I was a little pissed that I had to pay back to the Taxman (Finanzamt in Germany) around 1500€ for year 2019. I don’t know, maybe there is some optimisation that I can make, for the taxes in 2020 I will use a financial advisor, because I have a more complicated situation anyhow.
As I said, in the past year I could not dedicate too much money for investments, as we want to buy a house (we are actually in the process of buying one) and most of the money are saved for this purpose. At the moment, I invest 300€ per month in the stock market. My investment account was at 4998€, 671€ more than previous month, broken down in 550€ cash invested, 2,25€ gained from dividends and 118,75€ gained by assets appreciation. I use Trade Republic as a broker and if you create an account using this link, we will both receive a bonus of 15€ after you’re first trade.
The other instrument where I am was invested in the stock markets is ROBIN, a robo-advisor from Deutsche Bank, but I am was not satisfied by its performance so in January I’ve liquidated the account. The account value is 2044€, up with 13€ compared to last month.
I had experienced investing into P2P lending with Mintos, but at the moment I am withdrawing until I took out 1500€ from the initial investment of 2000€. At the moment I have 827€ in the account, 4€ more as last month. I have around half of the money (460€) in recovery, so my plan is that I will reinvest this money once it becomes available. I have still 50€ to receive from paid back loans, and after that all the money paid back will be reinvested in Mintos. I am estimating that next month of maybe in February I will stop withdrawing and start reinvesting in Mintos.
For the near future I want to invest into another P2P platform, I am still studying what would be the best candidate. Do you have any suggestions?
Finally, some numbers about our total net worth: it increased by 1248€ compared to last month (savings + investments). The distribution of the worth looks like this:
I am very happy with the diversification I’ve achieved this year, managing to reduce the amount of real estate in our net worth. And, most important, the investments part was non-existent. Luckily, I have the same chart from last year and it looked like this:
