Month summary: May 2016

The weather in may has been really good which means a lot of training outside! :) I also turned 25 years old which made me think about my current situation. Im in quite good position compared to other people in my age group as I can reach financial independence before age 30 if I keep up the good work. Or I could start working half time in a year!

Financially May has been really impressive, especially in my savings % which was 90,6%. I spent less and hit another active income personal best, thats a new record every month this year. It cant go up like this forever though, in June I doubt that I can hit another record, but you never know :)

In P2P sites Ive been very active as I started investing on a new platform: Viventor

Its a bit early to write a long review about it but at first glance it seems good but it can improve.

Pros:
-All loans have a buyback guarantee (and they want to keep it that way)
-They communicate with investors. Owners are very helpful and answer all your questions fast, I actually spoke a bit with one of the founders
-Lots of short term loans (1 month)
-Very simple to use, especially when youre just starting with P2P lending sites

Cons:
-If you like to invest manually then it takes A LOT of time as you have to confirm all the loans one by one. I like the system in mintos much more where you select all the loans and then confirm them all together.
-Interest rates are a bit lower compared to other platforms

At the moment I have 50 EUR on the platform and it has earned me 6 cents in 2 weeks. I invested in 1 month loans so next month I should get the whole 50 EUR back + interest.


From Bondora  I took 177 EUR out and now i have 1082 EUR left on the platform and I will keep it that way. The remaining cash made me 10,04 EUR in May.

Mintos I like the most thanks to high interest % and buyback guarantee. I added 1100 EUR on the platform and this means also a new record in interest earned which was 33,95 EUR.
Mintos is the platform I like the most at the moment, if you want to start investing there too then you can use my link. Which will make us both 20 EUR extra if you invest 1000 EUR or more in less than 90 days.

From Estateguru  I got some bonus money 5 EUR. If you want to start investing in Estateguru then feel free to use my link which will make us both 0,5% extra interest :)

And my favourite part: Stocks!

I bought 17 shares of IBM for 144 USD each with a 3,58% yield.

Dividends received:
-AAPL 7,27 EUR
-OHI 29,58 EUR
-MAIN 9,45 EUR
-OKE 17,23 EUR
-HCP 22,7 EUR

Total - 86,23 EUR

In June TVEAT will pay its dividends which means a bigger dividend income for that month as they pay their dividends annually.

Total passive income for May was 151,29 EUR

How was your month? Were you happy with it?

Stock buy! IBM

Another purchase in tech sector. IBM has increased their dividends for 21 years straight and at the moment the price is quite good. Dividend yield is 3,85% and it will increase my annual dividend income by 95,2 USD as I bought 17 shares at the price of 144,65 USD per share. Average increase in dividends has been around 16% for IBM which means that next year I should get around 110 USD per year from IBM. Thats a 15 USD increase for doing absolutely nothing! Thats the main reason I really believe in dividend growth investing.

Month summary: April 2016

April was really good for me as I made both active income and passive income personal records!
From my active income I managed to save 83,7%. My portfolio including all my investments is getting over 30 000 EUR now which means that I still have 8 more months to complete my goal to get my portfolio over 40 000 EUR in 2016. It should be doable!

Lets look at the passive income part now:

In social lending Bondora made me 15,19 EUR income and Im still taking money out from the platform and adding it to Mintos, which made me 24,45 EUR in April. I also added 400 more EUR into my mintos portfolio and I will add some more monthly from now on.

In real estate Pakri project was successful and I got all my principal paid back and it made me 3,7 EUR on the last month. Ill probaly invest the money back into Estateguru or put it into Mintos, I havent made up my mind yet.

One other investment made my 16 EUR of passive income.

And finally the dividends! TKM1T pays its dividends once per year so I got 337,48 EUR dividends from there. Other companies didnt pay me any dividends in April. From my other Baltic stock holdings Im expecting dividends in June and July, I probably wont buy any more Baltic stocks at the moment though, maybe something in Fall but not yet. Currently Im more focused on the US market and Im holding my eyes on the Nordic market as well.

Total passive income was 398,82 EUR which is 2/3 of my 2015 total passive income. Its just amazing how fast the snowball rolls and gets bigger! It gives me a lot of motivation to continue and I hope you got some extra motivation from it too!