Thursday 4th February 2021
From 2021 I will be providing monthly updates on the portfolio.
I have been working on a few passive income projects recently. I released a podcast episode on passive income in late January. Up until recently, my most recent plan had been to work full time until I hit my FI target of €600k. However, I have been thinking a lot recently about building passive income streams which complement my portfolio income.
As a result, I started implementing a “happy hour” into my work day. This was one hour per work day that I gave to myself, to work on passive income projects.
I do currently receive an income from passive income projects of around €500 per month. Hardly hugely exciting, but I am hopeful that it will grow in the future the more I work on my passive income projects. I will look to update this moving forward.
January was a solid month overall. It was officially our first month as a landlord, after renting out our house in mid December. The rent was paid on time and there were no issues.
Stocks were up and it was a solid start to the year for equities.
I am also trading a very small Forex trading account myself, which returned a small profit for the month, as well as my Bitcoin portfolio which grew slightly as well.
My Peer to Peer lending portfolio is still at a risk. More loans were written off in January and I expect it to be a rocky first few months of the year for my P2P portfolio, with a possible write off later in the year.
I added a little over €4,500 to the portfolio from my own contributions in January. I returned to full time work in September 2020 so it has been great to see the portfolio grow considerably in the last six months - after what was a very shaky start to 2020!
|Portfolio Summary (as at 31st Jan 2021)|
|Portfolio Capital Gain + Income||€1,620.14|
|Monthly Portfolio Growth Report|
|Capital Gain + Dividend Income from Equities||€1,151.21|
|Real Estate Income||€373.81|
|Forex Trading Income||€68.04|
|Peer to Peer Lending Income||-€28.74|
|Cryptocurrency Capital Gain||€55.82|
Finally, the table below shows the breakdown of my portfolio into the various asset classes:
|Portfolio Asset Breakdown (as at 31st Jan 2021)|
|Forex Trading Account||€1,268.04||0.96%|
|Peer to Peer Lending||€1,371.06||1.04%|
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