Month of satisfaction and disappointment (say Housers)
That’s it, month of satisfaction (Crowdestor and Robo.cash) and disappointments (Housers and Mintos), because December has been less profitable than October and November, mainly because Housers has ignored its payment obligations and has contributed nothing to the 636€ generated this month by the rest of the platforms.
Below you can see the profitability of each one in detail:
Mintos has been a disappointment for another month, but I have paid back 39 euros and I am below the 1000 euros invested. At this rate I will forget about Mintos in two years. I now have only 6.5% invested (60 euros), as the rest (920 euros) is still in the process of recovery.
Peerberry remains constant, maintaining a high number of available projects which last month reached the milestone of EUR 22.3 million funded.
Another 9 Euros were given to me by Viainvest in December, which continues to consolidate as a safe and smooth bet.
This month, Robo.cash was the main attraction, contributing 286 euros in interest thanks to the investment campaign in projects in Singapore, which gave me 226 euros.
As usual in Crowdestor, they have had a month with lights and shadows. The lights: the Mafia Stars project has made an advance of 21% on the capital to be delivered on 6 January and the Saapio project has been brought up to date with payments.
The shadows: five projects are more than 90 days overdue, although we have a commitment to pay for one of them (Forestland Investments) from January, another without news since early November (Inch2) despite the publication by Crowdestor and, as a novelty, I have acquired in the secondary market the project Wholesale Food Trade with an amount of 34€ to try.
In spite of this, this month they have contributed 320 euros very welcome. Furthermore, they have launched a vote to accept or not the proposal of the promoter of the Consumer Loan Portfolio Acquisition project, which seemed to be a joke.
Regarding Wisefund, they have surprised the market by launching a new projectwhen we all anticipated the probable end of the platform. Last attempts? It should be remembered that they are unprincipled people who have not informed their investors for months and do not provide a solution to their short-term defaults.
In Lenndy I have stopped the autoinvest since December 29th because they hardly launch any projects and I have 35 out of 38 projects delayed.In addition, new investors will not be able to registeruntil mid-January, so I have deleted the bonus link to avoid any inconvenience. December has contributed only 4 euros, when previously it was no less than 10 euros a month.
This month I sold my scarce Swaper portfolio, as they could hardly publish any projects. It has been an 11-month test that has not convinced me and I will not return to them until they increase their available projects.
On the other hand, for almost a year now I have been following Iuvo and Lendermarket, in which I have started to invest at the end of December with small amounts to see their evolution and test them. Below and in the Crowdlending section I leave you more details.
Bondster has given me €13 in December, which I hope will continue to work in the same way: high profitability, immediate returns and strict application of the Buyback.
This month, the developer of the Baltic Forest project, whose first meeting of creditorswas held on December 21, has been declared bankrupt. Crowdestate has informed that a bankruptcy committee has been appointed, which will have to analyse the situation and make claims on behalf of the debtors.
Grupeer published their latest news on the blog at the beginning of November, which I don’t know if it’s good news, and Bulkestate continues at their pace, slowly but surely, working quite well, even though they have only published two projects this month that have celebrated their 4th anniversary.
As a disappointment, Housers has not ceased to surprise us with a new lack of payment, in which they have failed to comply with the agreementwe reached three months ago on the Albufera III and Torres de Paterna projects and of which they only paid for the first month.
They did the same in the previous agreement, signed more than a year ago, so they are fooling investors again. How long will the CNMV (National Securities Market Commission), allow Housers to do this?
The President of the Association of People Affected by Housers has published a table with ALL the delayed projects and they are MANY. You will be amazed… Here you can see it in detail.
Finally, on Envestio there have been some new developments, while Kuetzal and Monethera have hardly changed from last month. You can see them all below.
And here are the details of each platform:Continue reading “My portfolio update: December 2020”