Follow Up on Pandemic P-2-P Portfolio

I like diversification, especially in portfolios. I would have loved to diversify the investments into the P2P category on multiple platforms, to reduce the risk of one of them ‘collapsing’. I have created another account to Grupeer, back in February with this plan in mind. Well, I am sorry I had to delay the plan, but I think it’s better that I did. After all, we will always have next year to diversify.

Mintos has performed very well this year, I am happy to say and good things happened (or started to happen). First, Mintos is making progress in being a regulated loan marketplace (so our money will sooner or later have insurance outside the company). The second change is that Mintos is using now Risk Score in place of Mintos Rating for different types of investments. This doesn’t affect us too much, but we will see if we have to change some settings in the portfolios. And the last interesting piece of news is that you can invest in Mintos with crowdfunding events (I think I missed the train and it’s already late).

Now let’s see how we are with our Pandemic Portfolios on Mintos.

Portfolio Status

The first thing we can observe is that our NAR decreased since we did the settings. But we have many more loans invested in and a return of 52EUR in this time span (6 months).

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07 May 2020
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21 November 2020

Also, we have smaller sums in late status compared to 6 months ago as some companies that were having troubles before started to pay their debts.

To help balance the investments over categories, I manually changed the target of investment from 350EUR to 200EUR and will increase them soon, after the Pandemic Short Term portfolio picks up.

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As mentioned before, the Invest and Access portofoio has higher priority and will continue automatically increase his cap as he gets income.

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On the manual portfolios I made a mistake, and that was to activate the number 5 and 6 positions to make them clear some investments (I don’t know why I thought it would do that) so the platform automatically found better “conditions” and took some loans there. I will adjust the portfolio sizes as soon as I will hit publish on this article.

Considering the modification with Risk Score and Risk Rating, the portfolios automatically rebalanced and we didn’t have too many companies (I saw Aasa and Capital Service being affected by this) that are not part of the new portfolio and either way the loans are automatically excluded. But I will have to spend a bit more time and play with that (and probably get back and update this article).

Conclusions

Compared to the period before I created these portfolios I feel that we earn more now, with these current settings than before.

Mintos Risk score affected our portfolio a bit, but not in a bad way. We just have lesser investment possibilities, but that is not a bad thing as we prefer “safer” ones.

I have to step tempering with the old portfolios to finally clear the amount of money we have there.

Later update: After adjusting the portfolios and played a bit with the risk settings I can say we are on the good track:

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these automated strategies excludes Invest and Access

Disclaimer: I am not a financial consultant, all the information you find here are my decisions, I taken at that moment, on my own analysis. I am open to any type of discussion about money. If you want to replicate my portfolio take into consideration that it is your money.

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