{"id":8747,"date":"2021-02-01T09:00:07","date_gmt":"2021-02-01T09:00:07","guid":{"rendered":"https:\/\/savingsforfreedom.com\/?p=8747"},"modified":"2021-02-01T18:15:44","modified_gmt":"2021-02-01T18:15:44","slug":"portfolio-update-january-2021","status":"publish","type":"post","link":"https:\/\/savingsforfreedom.com\/blog\/2021\/02\/01\/portfolio-update-january-2021\/","title":{"rendered":"Portfolio Update January 2021"},"content":{"rendered":"\n

This last few months have been tough. My company demanded more and more of my time, adding to the pressure of preparing lectures for my students on the subjects of Management & Entrepreneurship at a local University. Teaching is something that really motivates me. It makes me believe I’m doing something tangible to improve other peoples lives… This additional pressure just made me realize the amount of time and effort I spend tracking P2P and crowdlending platforms, and how that is crazy. <\/em><\/p>\n\n\n\n

After 2 years of work on the blog what I can share is that P2P lending did not make me richer. In fact, due to the multiple frauds I was victim and legal cases I’m currently involved this particular asset revealed to be the worst investment on my portfolio. A lot of lessons learned in the most painful way possible. <\/em><\/p>\n\n\n\n

I like exploring new platforms and sharing information with you, but I don’t want to spend all my time tracking performance and reading information to reduce risk exposure, when in fact most of the information provided does not help to avoid a problem.<\/p>\n\n\n\n

That’s why I’m reducing my positions in P2P. Better options elsewhere for me right now! If I’m giving up? No. But I will need to find a different way to reduce the time required to make something I’m proud of.<\/p>\n\n\n\n

Time will tell! \ud83d\ude09<\/p>\n\n\n\n

N26 Bank<\/a><\/h2>\n\n\n\n

You already know I love N26 Bank<\/strong><\/a> to manage all my P2P investments. By now it\u2019s one of the most mature of the user-friendly and innovative challenger or neo-banks that have revolutionized the European banking market in the last few years. Last month I decided to subscribe N26 Metal<\/strong><\/a> to benefit from the 0.5% cashback on all my purchases. If you still don’t have your N26 account<\/strong><\/a>, this is a very simple way to support the blog, that I really appreciate.<\/p>\n\n\n\n

Thank you for your support.<\/p>\n\n\n\n

\"N26<\/a><\/figure>\n\n\n\n
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New P2P Platforms in the Market<\/h2>\n\n\n\n
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\"InRento<\/a><\/figure><\/div>\n<\/div>\n\n\n\n
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InRento<\/a><\/h3>\n\n\n\n

InRento<\/a><\/strong> is a buy-to-let crowdfunding platform that allows investors to invest in rental properties. It is also an alternative way to get loans for real estate rental businesses.<\/p>\n\n\n\n

InRento<\/a><\/strong> is authorised and regulated by the Bank of Lithuania. Requires a minimum investment of \u20ac500 for investment periods from 18 to 84 months, but offer a secondary market.<\/p>\n\n\n\n

Gustas Germanavicius<\/a><\/strong> is one of the co-founders. You probably know him for his role as co-founder of EvoEstate<\/a><\/strong>.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Octabis<\/a><\/h3>\n\n\n\n

Octabis<\/a><\/strong> is solely focused on one product: cryptocurrency-backed loan<\/strong><\/strong>. They have been working to make this option convenient and suitable for retail customers. <\/p>\n\n\n\n

Team:<\/strong>
– Maxim Saveljev<\/a><\/strong> – CEO, Founder
– Bogdan Nikkar<\/a><\/strong> – COO, Founder
– Dmitry Saveljev<\/a><\/strong> – CTO, Founder
– Eugene Semjonov<\/a><\/strong> – Head of Legal, Founder<\/p>\n<\/div>\n\n\n\n

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\"Octabis<\/a><\/figure><\/div>\n\n\n\n

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\"Max<\/a><\/figure><\/div>\n<\/div>\n\n\n\n
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MaxCrowdfund<\/a><\/h3>\n\n\n\n

Max Crowdfund<\/a><\/strong> is owned by Max Property Group, a multi-national real estate investment group with its head office in Rotterdam, the Netherlands.<\/p>\n\n\n\n

Max Crowdfund<\/a><\/strong><\/strong> is authorised and regulated by the Dutch Financial Authorities (AFM). Requires a minimum investment of \u20ac100 for investments in real estate loans.<\/p>\n\n\n\n

No information is available regarding the company CEO, but you can find the team here<\/a><\/strong>.<\/p>\n<\/div>\n<\/div>\n\n\n\n

So, let’s check January 2021 numbers…<\/p>\n\n\n\n\n