Not much happened on the website this month, and – shame on me – I didn’t even write a new review ! We spent most of November preparing our return to Europe, so I mostly focused on bringing existing reviews up-to-date.
Noteworthy news from the crowdlending world
In case you missed them, here’s a summary of the important news you should be aware of.
In the same vein, Kuetzal has a new CEO. Among his priorities, he lists working on the website in order to enhance security and improve ergonomics.
Kristi from Money is your friend has written an in-depth article about CrowdEstate’s communication that’s well worth reading for prospective and existing investors alike.
Here’s a list of interesting special offers currently available; unfortunately, they all target new investors.
Bondster offers special conditions for new investors. Each investor registered through the link on the review will receive 1 % from the increase of the volume of investments held by investor within the first 90 days since registration. The bonus for investor will be calculated and paid out after 30, 60 and 90 days. The bonus shall not be paid out in case there is no increase in the volume of investments held by investor.
Investors interested in Brickstarter can use promo code: BRICKS during registration. Each investor who uses that code during registration will get 15 EUR extra for investing and 0.5% cashback from investment during 90 days.
Individual platforms performance
As I previously announced, I don’t detail variations for every platform anymore. Only notable variations or noteworthy changes on the platform are commented.
November hasn’t brought any improvement to my Bondora portfolio. Indeed, just like the previous months, it lost some of its value. The XIRR has dropped as well, from 4.90% to 4.57%.
For now I only invested in 2 projects at Brickstarter; one of them isn’t even totally funded yet. As a result, the only returns I get are the 5% APR, and my XIRR is only 3.10%. However, I really appreciate this platform and plan to invest in most upcoming projects.
While in October the performance of my BulkEstate portfolio increased, in November it was perfectly stable. The platform has published one project which yields interests monthly; I hope that there will be more of them.
In spite of delayed repayments at CrowdEstate, interests for several projects are getting repaid, and the performance increased from 5.40% to 6.08%.
Several recent Crowdestor projects will only yield interests after 6 months; the performance of this portfolio will thus temporarily decrease. In November, it went down from 15.97% to 15.50% – still an excellent value, especially considering the presence of a warranty fund -. Many projects were added last month, and I once more increased the size of this portfolio.
In November, the performance of my Debitum Network increased once more. It reached 9.79%, up from 9.22% in October. The review for this platform is half-written; although the returns are a bit low to my taste, this platform seems to have an excellent risk management, making it a perfect match for conservative investors.
The performance of my Envestio XIRR increased slightly, from 17.33% to 17.47%. A few new projects were released in November.
My Fast Invest portfolio had a slightly decreased performance in November, from 12.58% to 12.47%. I increased this portfolio’s size (which will probably lead to a temporarily lower performance), and plan to keep on doing so.
The value of my FinBee account keeps playing yo-yo : in November, it decreased sharply again for no apparent reason. My XIRR is now 11.12%, a large drop from last week’s 11.79%. Both this and the debacle of the KYC process prompted me to start greatly decreasing the size of this portfolio’s size.
My Iuvo portfolio had a very stable performance in November; it was 12.51%, down from 12.53%
My Kuetzal portfolio delivers consistent results; the performance went up slightly, from 16.76% to 17.12%. Two more projects are announced for December.
The performance for my Lenndy portfolio will take some time to build as it’s a recent portfolio. It’s now 4.14%, very far from the 12% theoretical level.
November was another excellent month for my Monethera portfolio; the XIRR climbed even higher, from 18.84% to 18.99%. There new projects available on the platform prompted me to increase my portfolio’s size once again.
The XIRR for my PeerBerry jumped sharply from 11.62% to 11.38%; I expect it to increase a bit more.
The performance of my ReInvest24 portfolio continues its slow growth; it’s now 1.58%, up from 1.36%. As I mentioned in last month’s review, the 2% fee on investments and the fact that projects don’t yield interests monthly mean that investors will start with a negative XIRR. The platform has announced a new project for December, which I plan to invest in.
November was a great month for my Robocash portfolio; the XIRR increased from 11.78% to 12.09%.
My TFGcrowd portfolio is doing well; the XIRR increased from 15.45% to 16.28%. New loans were introduced in November, so I increased the size of this portfolio.
Like most new portfolios, my ViaInvest account is slowly gathering interests; the performance increased slightly, from 8.12% to 8.26%.
Last month’s performance for Viventor was surprisingly high (14.32%); in November, it went down slightly to reach 13.00%, a value that’s more in line with the loans in my portfolio.
Last month’s XIRR at Wisefund was a nearly record 19.64%; in November, as I wired funds ahead of time and less projects were introduced, it went down a bit, to 18.96%. The platform is currently migrating the funds transfer back-end, so it’s not possible to wire funds; in addition, new projects are on hold. Situation is expected to get back to normal soon.
Global portfolio performance
My global portfolio performance is now 13.70%, slightly down from last month’s 13.81%. Once more, the culprit is mostly Bondora’s free-falling returns, which impact the performance of my whole portfolio.
Peer-to-peer lending platforms
The combination of Bondora‘s decreasing performance and of the lower size of my Omaraha account mechanically decrease the returns for this category. I still plan to decrease the size of my Omaraha portfolio by 1/3 in order for it to reach 15% of my global portfolio, so the returns should keep on decreasing, even if by miracle Bondora’s performance improved.
Real-estate & business crowdlending platforms
I moved a lot of funds around in November. First, there was the usual decrease of my Omaraha account; I also withdrew funds from FinBee. I mostly reallocated funds to Crowdestor and Monethera, but also to P2P platforms such as Viventor, PeerBerry and Fast Invest. It’s a boring task, but will help to have a more balanced allocation between these platforms.
I mentioned Profitus last month, but it’s highly unlikely that I will invest there; indeed, their KYC process is awful, and if I ever manager to clear it I will have to go through a Skype session with Paysera.
Also, funding my Iban account is on hold as I had troubles with my SEPA transfer. Iban’s support reached out to me in order to help with my transfer, which was encouraging; unfortunately I didn’t have time to take care of it yet.
BoldYield focuses on real-estate and business loans, which is rather common; more surprisingly, they plan to work with maritime transportation firms. Until now there’s just one project on the platform, and another is expected in December.
Lendermarket is a loans marketplace started by loan originator CreditStar. At first glance I really appreciate the platform, which is very straightforward to use. In terms of performance, the loans offer 12% interest rates, which is roughly comparable to competitors such as PeerBerry, Lenndy, Swaper or Robocash.